Vision Marine Technologies Partners with JetRide to Leverage Growing Electric Boat Rental Market

Vision Marine Technologies, Inc. (NASDAQ:VMAR), a pioneer in electric marine propulsion, has partnered with JetRide Holding, LLC, a Florida boat club. This alliance aims to expand Vision Marine's presence in the rising electric boat rental market, utilizing JetRide's extensive network of over 17 locations in Florida.

The electric boat market is experiencing rapid growth, driven by increasing awareness and demand. This trend, akin to the rise of electric cars, positions electric boats as essential in the boating world, offering innovative and unique experiences. Renters will be able to experience Vision Marine's E-Motion™ Electric Powertrain, supported by years of expertise in electric boating.

Travis Zielasko, CEO of JetRide, stated that the partnership reflects consumer demand for sustainable boat practices and sets new standards for excellence and responsibility. Alex Mongeon, CEO of Vision Marine, emphasized that rental operations are ideal for showcasing their products and educating future buyers.

This venture combines JetRide’s rental services with Vision Marine's expertise, starting in Palm Beach County, Florida. The partnership supports Vision Marine's strategy to expand its footprint on the East Coast of the United States, following a previous partnership with BlueWater Rental in December 2023.