on Vision Marine Technologies Inc
Vision Marine Technologies Launches New Electric Division
Vision Marine Technologies Inc. has unveiled a dedicated electric boating division within Nautical Ventures Group. This new initiative aims to offer a comprehensive electric vehicle experience for customers, encompassing sales, service, and after-sales support. The division is centered around Vision Marine's E-Motion™ electric propulsion and boat lineup.
A renewed Dealer Agreement with Cayago Americas brings Seabob into this new division. Known for its electric water sleds, Seabob adds a luxury lifestyle element, aligning with industry trends for innovative water toys. This move is part of Vision Marine's broader strategy to integrate electric boats, toys, and watersports equipment.
The North American recreational boating market, valued at USD 10.06 billion in 2024, is expected to reach USD 15.0 billion by 2033. The watersports segment, alongside watercraft accessories, is a significant contributor, highlighting the demand for lifestyle products. This division aims to capitalize on these growth trends and foster collaborations across the EV sector.
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