Developer of electric power boats and marine propulsion systems, focusing on sustainable marine transportation.
Vision Marine Technologies Inc., headquartered in Boisbriand, Canada, specializes in the design, development, and manufacturing of electric outboard powertrain systems and electric boats, catering to markets across Canada, the United States, and internationally. The company operates through two primary segments: the Sale of Electric Boats and Rental of Electric Boats. Its product offerings include a range of electric outboard motors, boat parts, and associated maintenance services aimed at enhancing sustainability in marine transportation.
Founded in 1995 as The Canadian Electric Boat Company and rebranded as Vision Marine Technologies Inc., the company has evolved into a leading player in the electric boating sector. Notably, Vision Marine Technologies operates an electric boat rental center based in Newport Beach, California, boasting a fleet of approximately 20 ships. This strategic initiative not only promotes eco-friendly boating alternatives but also showcases the company's commitment to expanding accessibility to electric marine solutions.
Vision Marine Technologies Inc. distributes its innovative products through various channels, including its own retail e-commerce platform, rental boating companies, distributors, and dealers, thereby serving both original equipment manufacturers and direct consumers. As a subsidiary of West Island Brands Inc., Vision Marine Technologies continues to pioneer advancements in electric propulsion technologies, reinforcing its position at the forefront of sustainable boating innovation globally.