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Creates North America's first High-Voltage Propulsion Manufacturer with Multi-Brand Retail and Service Infrastructure
Positions Company for Accelerated Growth in $2.5B+ Global Electric Boat Market
Consistently Generated Over USD $100 Million in Annual Sales from 2020 to 2023
E-Motion™ 180E systems now eligible for up to $170,000 in per-unit government vouchers-driving large-scale electrification of commercial fleets in California
Key Highlights
Vision Marine's E-Motion™ 180E propulsion kits approved under California's CORE (Clean Off-Road Equipment) program
Up to $170,000 per vessel in state-funded vouchers available for qualifying fleet operators
Applies to both new electric boat builds and retrofit conversions using Vision Marine's certified installers
California market includes approximately 4,400 commercially operated vessels across sectors such as ferries, harbor patrol, tour boats, rentals, and service craft
Approval aligns with broader industry momentum toward electrification, strengthening Vision Marine's market position
U.S.-Assembled 45.36 kWh High-Voltage Packs from Nevada Facility to Promote Accelerated OEM and Consumer Growth Through E-Motion™ Platform
Enhancing Efficiency, Scalability, and Performance in High-Voltage Electric Powertrains
Enhancing Performance and Reliability in Electric Marine Powertrains
Safeguarding Advanced Powertrain Technology and Boaters' Data from Third-Party Substitution
The Most Efficient and Powerful Inboard Electric Motor System on the Market