Vision Marine Technologies Inc. (NASDAQ

VMAR) at Threshold of Major Market Boom in Boating Space

NEW YORK, Feb. 16, 2024 (GLOBE NEWSWIRE) -- NetworkNewsAudio – Vision Marine Technologies Inc. (NASDAQ: VMAR) announces the availability of a broadcast titled, “The Electrifying Rise of Electric Boats.”

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The electric wave is no longer confined to four wheels. The boating industry is experiencing its own soul-shaking shift, with electric models capturing the imaginations of adrenaline-seeking speed junkies and ecoconscious cruisers alike. Much like autos, boat manufacturers are pledging timeframes to go all electric for similar reasons. In addition to the carbon-emission impact, electric outboard motors have a high-performance hum instead of an ear-splitting roar, eliminating noise pollution and creating a serene cruising experience from johnboats to super yachts. Performance boats with electric hearts offer exhilarating speeds and instant torque, all while leaving the water pristine. . . .

At the threshold of a major market boom, Vision Marine Technologies Inc. (NASDAQ: VMAR) is cementing its position as a leading industry innovator and the guiding force for change that’s disrupting the traditional boating industry with electric power. The company’s flagship E-Motion 180E electric marine powertrain is the first fully electric, purpose-built outboard powertrain system that combines an advanced battery pack, inverter and high-efficiency motor with proprietary union assembly between the transmission and the electric-motor design utilizing extensive control software.
                       
About Vision Marine Technologies Inc.

Vision Marine Technologies is a leader in the marine industry’s shift to electric propulsion and is at the vanguard of this transformation. The company’s pioneering E-Motion(TM) outboard powertrain system represents a significant leap in marine technology. As a champion of ecofriendly electric powerboats, the company is not just participating in the industry’s evolution, it is driving it. The company’s Flagship E-Motion(TM) 180E electric marine powertrain is the first fully electric, purpose-built outboard powertrain system that combines an advanced battery pack, inverter and high-efficiency motor with proprietary union assembly between the transmission and the electric-motor design utilizing extensive control software. VMAR’s E-Motion and related technologies used in this powertrain system are uniquely designed to improve the efficiency of the outboard powertrain and, as a result, enhance both range and performance. Vision Marine continues to design, innovate, manufacture and sell handcrafted, environmentally friendly, electric recreational boats to customers. The design and technology applied to its boats result in far greater enhanced performance in general as well as higher speeds, longer range and a smoother ride than a traditional internal combustion engine (“ICE”) motorboat.