VMAR - Vision Marine Technologies: Revolutionizing The Electric Outboard Industry
- Vision Marine Technologies has developed a revolutionary outboard motor for recreational boats.
- Their first fully electric outboard powertrain system, E-Motion, changes the boating experience, reduces recurring cost, and requires less engine maintenance than a traditional outboard engine.
- The electric outboard motor market is enjoying secular tailwinds given the move towards greener alternatives, decreasing cost of Li-ion batteries, and double-digit growth in the recreational boat market.
- Vision Marine Technologies partners with Linamar Corporation, Canada’s second-largest automobile parts manufacturer on E-Motion™ Fully Electric Outboard.
- Vision Marine Technologies is poised to leverage the industry tailwinds and is expected to deliver high growth performance over the next five years. I believe that the company is currently undervalued with an expected fair value of US $25 per share.
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Vision Marine Technologies: Revolutionizing The Electric Outboard Industry