Vision Marine Technologies Inc. (Nasdaq: $VMAR) – Revolutionizing the Electric Marine Market; @marine_vision

 

Vision Marine Technologies Inc. (Nasdaq: $VMAR) – Revolutionizing the Electric Marine Market; @marine_vision  

 

Investorideas.com (www.investorideas.com) a go-to platform for big investing ideas, including EV stocks reports on recent news and market overview of the electric marine market.

 

EVMagazine says “Electric boats are transforming the marine industry with their blend of innovation and sustainability. Powered by battery-driven electric propulsion systems, these vessels offer a cleaner, quieter alternative to traditional fuel-powered boats, aligning perfectly with the global move toward greener technologies.”

 

A company making waves and a pioneer in the sector is Vision Marine Technologies Inc. (Nasdaq:VMAR), a pioneer in electric boating, recognized for its innovative E-Motion™ Electric Marine Powertrain Technology that offers a superior, zero-emission boating experience. With proprietary, turn-key electric solutions.

 

Vision Marine Technologies Inc. (Nasdaq:VMAR), just announced  it entered into a milestone partnership with Massimo Marine, the marine division of Massimo Group (NASDAQ: MAMO). From the news: This collaboration will produce a fully integrated 30-foot electric pontoon platform designed for commercial and recreational markets. As part of Vision Marine's strategic shift to offer complete electric boats directly to consumers, this partnership represents a key step in rapidly delivering high-quality electric marine products to market.

 

Paid news dissemination for VMAR

 

Read this news, featuring VMAR in full at https://www.investorideas.com/news/2024/renewable-energy/12051Vision-Marine-Technologies-VMAR.asp

 

The U.S. pontoon boat market is a growing one. In 2023, pontoon boat sales reached 115,000 units, a 5% increase over 2022 (https://pontoonboatguy.com/). This robust market growth reflects the demand for versatile and family-friendly watercraft. Vision Marine brings extensive expertise to this partnership, with years of experience successfully integrating electric propulsion systems into various boat designs. This unique knowledge ensures that the new electric pontoon platform will meet the highest standards of performance, efficiency, and reliability for both recreational and commercial use.

 

(NASDAQ: VMAR) Massimo Marine

 

"This product is the result of years of requests from nautical bases and operators who have been asking for a reliable, turn-key electric solution," said Alexandre Mongeon, CEO of Vision Marine. "With this partnership, we aim to bridge the gap efficiently, delivering what the industry has long demanded. By combining our world-record-breaking, third party-tested technology with Massimo Marine's manufacturing capabilities, we're creating a solution that is as dependable as it is innovative."

 

Massimo Marine's advanced production facilities in Garland, Texas, are expected to play a pivotal role in delivering these electric pontoons to market efficiently and at scale. "We're proud to be partnering with Vision Marine's innovative propulsion solution in brining truly efficient electric propulsion systems to the commercial and recreational space," said David Shan, CEO of Massimo Group. "This collaboration showcases our shared commitment to innovation and sustainability, providing customers with high-performance electric pontoons through Vision Marine's factory-direct distribution along with our networks."  Full news

Vision Marine Technologies Inc. (Nasdaq:VMAR), in its recent Investor Presentation says that The Pontoon Platform is the “Low-Hanging Fruit of the Electric Boat Market”

 

Continued: “Over 60,000 Pontoons are sold In America and each year every 1,000engines generates $ 96M in revenue.”

 

They also note,” With our cutting-edge technology and robust marketing strategy, we are well-positioned to achieve substantial market penetration. This positions us for considerable growth as we consolidate a major share in the burgeoning electric boat market.”

 

Maximize Market Research ( MMR) says  the Marine Electric Vehicle Market size was valued at USD 9.94 Billion in 2023 and the total Marine Electric Vehicle Market revenue is expected to grow at a CAGR of 11.26% from 2024 to 2030, reaching nearly USD 20.98 Billion by 2030.

 

The market has been growing steadily over the past few years as the industry shifts towards more sustainable and environmentally-friendly transportation options. Electric boats, ships, and other marine vehicles are powered by electricity, either from batteries or fuel cells, and offer numerous benefits over traditional fossil fuel-powered vessels. The marine electric vehicle market is driven by several factors, including government initiatives and regulations aimed at reducing carbon emissions and increasing the adoption of electric vehicles.

 

Additionally, advancements in battery technology and the increasing availability of charging infrastructure have made electric marine vehicles a more viable option for commercial and recreational use.

 

Continued: Some of the key players in the marine electric vehicle market include Tesla, Inc. (NASDAQ: TSLA), ABB Ltd., General Electric (CBOE: GE), Rolls-Royce Holdings PLC, Torpedo GmbH, and Duffy Electric Boat Company. These companies are investing in research and development to improve the performance and range of electric marine vehicles, as well as developing new products to meet the growing demand for sustainable transportation options.

 

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Disclaimer/Disclosure. This is paid for news dissemination for Vision Marine Technologies Inc. (Nasdaq:VMAR).Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: More disclaimer and disclosure info https://www.investorideas.com/About/Disclaimer.asp  Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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Follow the Money in International Water IPO’s; ($5328.KL) ( $EIEL.NS) ( $COXG.MC)

 

 

 

 

Follow the Money in International Water IPO’s; ($5328.KL) ( $EIEL.NS) ( $COXG.MC)

 

 

December 3, 2024 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource covering water and renewable energy stocks issues a new edition of the Investorideas.com Cleantech Podcast with host Dawn Van Zant. The Cleantech Podcast features cleantech/renewable stock news and interviews with thought leaders about solutions for our planet.

 

Listen to the podcast interview at Investorideas.com

https://www.investorideas.com/Audio/Podcasts/2024/120324-Cleantech.mp3

 

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Read this in full at https://www.investorideas.com/news/2024/cleantech-podcasts/12031International-Water-IPOs.asp

 

Transcript:

 

Water stocks are not often thought of as sexy to investors, but a few foreign water IPO’s might say otherwise.

 

The Star reported that ”Sabah-based Life Water Bhd, (5328.KL) trading on the Kuala Lumpur Stock Exchange opened 18.46% higher than its IPO price as it made its debut on the Main Market of Bursa Malaysia.

 

The beverage manufacturer rose to 0. 77 a share at the start of trading, representing a 12 cent premium over its IPO price.”

 

There was no shortage of trading interest for the stock, which hit an intra-morning high of 87 cents a share after 111.48 million shares crossed, which put it at the top of the actives list.

 

According to Edge Malyasia, “The applications received comprised 6,814 applications for 275.66 million new shares under the Bumiputera allocation, which represents an oversubscription rate of 22.3 times, and 9,258 applications for 509.72 new shares under the non-Bumiputera portion, which represents an oversubscription rate of 42.09 times.”

 

The stock is down from its euphoric highs with a 52 Week Range of 0.7600 - 1.0100.

 

Life Water , an investment holding company, manufactures and sells drinking water, carbonated drinks, and other drinks in Malaysia. It also manufactures and sells plastic bottles, preforms, caps, and related products. In addition, it offers transportation services.

 

Enviro Infra Engineers (EIEL.NS) listed at a 50% premium over issue price on the NSE (National Stock Exchange of India Ltd).

 

Enviro Infra Engineers Limited engages in the design, construction, operation, and maintenance of water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities and bodies in India. Its WWTPs includes sewage treatment plants with sewage network schemes and common effluent treatment plants; and WSSPs includes water treatment plants with pumping stations and laying of pipelines for water supply. The company was incorporated in 2009 and is based in Delhi, India.

 

Cox ABG Group SA (COXG.MC) was the exception and their shares fell following a $185 Million IPO. The stock is back in an upward trend and has a 52 Week Range of 8.70 - 10.96.

 

Cox Abg Group SA is a Spain based company primarily engaged in the electric utilities industry. The Company's main activities are developing, planning, marketing, establishing and/or operating projects, photovoltaic systems, wind or water generators and all types of equipment, systems and generation elements of all kinds. Cox Abg Group completed projects in countries such as the United Arab Emirates, Morocco, Saudi Arabia and Ghana.

 

Water investing is often underplayed – nice to see there is a global demand for the sector- after all, we can’t live without it!    

 

Thanks, that's it for today. Do something good for this beautiful planet each and every day.

 

Host Dawn Van Zant is a female pioneer in the financial markets sitting in every seat as a trader, a broker, IR and PR before finally starting my own site. Van Zant has been featured in interviews in Business Week, CNN Financial TV, CBS Market watch radio and other financial publications online, radio and print, talking about renewable energy, water and homeland defense stocks.

 

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Listen to Investorideas.com Podcasts on Spotify

 

 

Visit the Podcast page at Investorideas.com:

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About Investorideas.com - Big Investing Ideas

Investorideas.com is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Paid content is always disclosed.

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A rising tide lifts electric boat stocks; Stocks mentioned in this article (Nasdaq: $VMAR) (NASDAQ: $MAMO) (NASDAQ: $MVST) (NYSE: $GD) (ASX: $ASB.AX) @marine_vision

 

 

A rising tide lifts electric boat stocks; Stocks mentioned in this article (Nasdaq: $VMAR) (NASDAQ: $MAMO) (NASDAQ: $MVST) (NYSE: $GD) (ASX: $ASB.AX) @marine_vision

 

December 3, 2024 - Investorideas.com, a go-to investing platform covering electric vehicle stocks issues a snapshot on the future of the electric boating market and some of the partnerships moving the sector forward, featuring Vision Marine Technologies Inc. (Nasdaq:VMAR), a pioneer in electric marine propulsion.

 

Stocks mentioned in this article Massimo Group (NASDAQ: MAMO), Microvast Holdings, Inc. (NASDAQ: MVST), General Dynamics (NYSE: GD), Austal Limited (ASX: ASB).

 

Future Market Insights recent study says, “The global electric boats market is on a rapid growth trajectory, expected to expand at a Compound Annual Growth Rate (CAGR) of 10.4% from 2023 to 2033. The market value is projected to rise from USD 5.6 billion in 2023 to an impressive USD 15.1 billion by 2033.”

 

“2034 is projected to pose a demand for electric boats that will be 2.7 times higher than the present value.”

 

Looking at some of the recent news in the sector, partnerships and collaborations are a key factor for potential growth moving forward.  

 

Vision Marine Technologies Inc. (Nasdaq:VMAR), just announced it entered into a milestone partnership with Massimo Marine, the marine division of Massimo Group (NASDAQ: MAMO). This collaboration will produce a fully integrated 30-foot electric pontoon platform designed for commercial and recreational markets. As part of Vision Marine's strategic shift to offer complete electric boats directly to consumers, this partnership represents a key step in rapidly delivering high-quality electric marine products to market.

 

Paid for news dissemination for Vision Marine Technologies Inc. (Nasdaq:VMAR).

 

Read this article, featuring VMAR in full at https://www.investorideas.com/news/2024/renewable-energy/12031Electric-Boat-Stocks.asp

 

Massimo Marine was established in Garland, Texas, in 2018 and manufacture and sell Ultra Luxury Pontoon and tritoon boats. Massimo Group (NASDAQ: MAMO) is a manufacturer and distributor of powersports vehicles and pontoon boats.

 

The US pontoon boat market is a growing one. In 2023, pontoon boat sales reached 115,000 units, a 5% increase over 2022 (https://pontoonboatguy.com/). This robust market growth reflects the demand for versatile and family-friendly watercraft. Vision Marine brings extensive expertise to this partnership, with years of experience successfully integrating electric propulsion systems into various boat designs. This unique knowledge ensures that the new electric pontoon platform will meet the highest standards of performance, efficiency and reliability for both recreational and commercial use.

 

“This product is the result of years of requests from nautical bases and operators who have been asking for a reliable, turn-key electric solution," said Alexandre Mongeon, CEO of Vision Marine. "With this partnership, we aim to bridge the gap efficiently, delivering what the industry has long demanded. By combining our world-record-breaking, third party-tested technology with Massimo Marine's manufacturing capabilities, we're creating a solution that is as dependable as it is innovative."

 

Massimo Marine's advanced production facilities in Garland, Texas, are expected to play a pivotal role in delivering these electric pontoons to market efficiently and at scale. "We're proud to be partnering with Vision Marine's innovative propulsion solution in brining truly efficient electric propulsion systems to the commercial and recreational space," said David Shan, CEO of Massimo Group. "This collaboration showcases our shared commitment to innovation and sustainability, providing customers with high-performance electric pontoons through Vision Marine's factory-direct distribution along with our networks."

 

By offering a turn-key product through Vision Marine's direct-to-consumer approach and Massimo Marine's extensive distribution network, the Company and Massimo Marine believe that this partnership will greatly enhance its accessibility to electric boating solutions. This collaboration is more than a production partnership - the Company and Massimo Marine believe that it's a leap toward transforming the marine industry. By addressing the growing demand for zero-emission solutions and offering eligibility for grants and incentives at city, state, and federal levels, this electric pontoon platform can position itself as a cornerstone in sustainable marine transportation.

 

Vision Marine Technologies Inc. is a pioneer in electric boating, recognized for its innovative E-Motion™ Electric Marine Powertrain Technology that offers a superior, zero-emission boating experience. With proprietary, turn-key electric solutions, Vision Marine combines cutting-edge technology, high-performance propulsion, and eco-friendly systems. The company has broken multiple electric world speed records, showcasing its commitment to pushing the boundaries of performance. Vision Marine is leading the transformation of the marine industry with unmatched power and efficiency for a cleaner future on the water.

 

In mid -November Vision Marine Technologies Inc. (Nasdaq:VMAR), also announced a new production initiative with Smoker Craft Inc., a US-based pontoon manufacturer known for its precision engineering and advanced manufacturing capabilities. This collaboration is expected to produce a state-of-the-art pontoon platform specifically designed to integrate Vision Marine's high-performance (180 HP) electric propulsion systems, specifically the pontoon-designed P-Powerpack. We believe the powerpack will merge cutting-edge technology and exceptional craftsmanship into a transformative product for the marine industry.

 

Looking at the battery side of electric boating, earlier this year Microvast Holdings, Inc. (NASDAQ: MVST), a technology innovator that designs, develops, and manufactures lithium-ion battery solutions, announced a strategic partnership with Evoy, a Norwegian company specializing in high-output electric motor systems for boats. The collaboration with Evoy is Microvast’s debut in the electric boat segment and marks an expansion of Evoy’s battery options for diverse market applications.

 

From the news: Evoy will be integrating Microvast MV-I high-power battery packs into their leisure boat product line. The MV-I battery pack offers a range of environmental and technical benefits, such as fast responsive torque for quick acceleration. Other key benefits include:

 

Enhanced Safety and Reliability-The self-contained, integrated cooling plate of the MV-I battery pack offers enhanced safety and reliability in boat applications. In addition to quiet, low maintenance operation, Evoy’s integration of MV-I battery packs will help foster a safer environment for natural resources and marine life. Microvast-powered Evoy motors will provide an exhaust and fuel free power solution that reduces noise, air, and water pollution.

 

Innovative Lightweight Design-The MV-I battery pack combines a lightweight design with innovative lithium-Ion technology, increasing energy density by up to 180 Wh/kg. This groundbreaking design maintains the robustness required for boat applications, supporting Evoy's commitment to high-performance electric boating.

 

The electric boat future also expands into the defense sector with General Dynamics (NYSE: GD) Electric Boat Division’s partnership with Austal Limited.

 

In September Austal Limited (ASX: ASB) announced that Austal USA was awarded a US$450 million (approx. A$670 million) contract by General Dynamics Electric Boat. The contract will enable Austal USA to expand production capacity at its US shipyard in support of the U.S. Navy Submarine Industrial Base (SIB).

 

From  the news: This contract award will fund Austal USA to enhance its existing infrastructure by designing, constructing and outfitting a new module fabrication and outfitting facility at its Mobile shipyard to support the U.S. Navy goal of delivering one Columbia-class and two Virginia-class submarines annually. Construction of the new building will start this US autumn and be complete in 2026.

 

When fully operational, the building will support approximately 1,000 jobs and provide capability to fabricate, outfit, and transport submarine components.

 

Continued: Austal Limited Chief Executive Officer Paddy Gregg noted this contract award is a testament to the growing partnership with General Dynamic Electric Boat and demonstrates its confidence in Austal USA as a valuable industry partner for these two important U.S. Navy submarine programs.

 

“General Dynamics Electric Boat has recognized that Austal USA is a solid partner to deliver high-quality components for Virginia- and Columbia-class submarines. This growing partnership demonstrates confidence in Austal USA’s commitment to meet the needs of the U.S. maritime industrial base and support the most critical needs of the U.S. Navy,” Mr. Gregg said. 

 

Austal is Australia’s global shipbuilder and defence prime contractor designing, constructing and sustaining some of the world’s most advanced commercial and defence vessels.

Looking at the future of the electric boats and ships market, Future Market Insights notes, “Key players in the industry include FRAUSCHER BOOTSWERFT GmbH & Co KG, Duffy Electric Boat Company, RAND Boats ApS, Echandia, Lillebror Marine, and Vision Marine Technologies (Nasdaq:VMAR).”

 

They also report, “Key players in the electric boats system are actively enhancing their capabilities and resources to cater to the growing demand across diverse applications. Leading companies are leveraging partnerships and joint venture strategies to co-develop innovative products and bolster their resource base.”

 

With that, Vision Marine Technologies’ (Nasdaq:VMAR) partnership news appears to be sailing the Company in the right direction for the sector.

 

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About Investorideas.com - Big Investing Ideas

Investorideas.com is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

 

Disclaimer/Disclosure. This is paid for news dissemination for Vision Marine Technologies Inc. (Nasdaq:VMAR).Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. Contact management and IR of each company directly regarding specific questions. More disclaimer info: More disclaimer and disclosure info

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