FN Media Group Presents GlobalInvestmentDaily.com Market Commentary
London – November 28, 2023 – Phase Two of the $700B electric vehicle boom—the electric boat rush—is becoming just as crowded as its four-wheeled predecessor, with so many start-ups dotting this landscape it’s dizzying. Mentioned in today’s commentary includes: Tesla, Inc. (NASDAQ: TSLA), Stellantis N.V. (NYSE: STLA), NIO Inc. (NYSE: NIO), Blue Bird Corporation (NASDAQ: BLBD), Toyota Motor Corporation (NYSE: TM).
Loads of debt, problems getting into production, far-off delivery dates that make revenues a thing of the distant future—if at all—and failures-to-deliver all make this a minefield for investors.
Vision Marine Technologies (VMAR) has a first-mover advantage here, the best electric boat motor system on the market and a solid manufacturing and distribution strategy that recognizes the decentralized nature of this emerging market.
Not only has Vision Marine partnered with the top boat manufacturers and distributors in the industry, but it has also just delivered their first proprietary E-Motion Electric powertrains to Groupe Beneteau Four Winns.
On November 13 the company announced that it received an initial purchase order from Wired Pontoons for 25 units of their E-Motion 180E outboard and power train system. Wired’s President stated “We are excited to collaborate with Vision Marine, starting with an order of 25 E-Motion
systems. Over the past 12 months, we’ve seen a decline in the demand for Internal Combustion Engine pontoons, with our customers increasingly seeking eco-friendly alternatives. After evaluating various options, we found the E-Motion system to be the ideal fit for our clientele.”
Finally, Concrete Action on the Electric Boat Motor Scene
Vision Marine’s partnership with Groupe Beneteau is game-changing for a small company in this fast-emerging space. Groupe Beneteau has been building boats and transforming the boating experience since the late 1800s. It has built a billion-dollar global boat brand house.
Employing 8,000 people in France, the U.S., Poland, Italy, and Portugal, Groupe Beneteau is a global market leader with nine brands in its boat divisions and more than 150 recreational boat models, from sailboats and motorboats to monohulls and catamarans.
On October 4th, Vision Marine announced that it had delivered, as promised, its first E-Motion Electric Powertrain Technology to Groupe Beneteau, Four Winns at their production facility in Michigan. VMAR’s Power Trains will be the inaugural electrical motors integrated on the Four Winns H2e Bowrider.
Thanks to Vision Marine, Four Winns’ H2e Bowrider is the world’s most powerful outboard electric powertrain, with a 180E electric outboard engine delivering high peak power with rapid acceleration and top speed of approximately 35 knots (40mph). It’s also the first, all-electric, series production bowrider on the market.
The H2e Bowriders, newly equipped with Vision Marine E-Motion motors, will embark on a voyage to Europe where they will first be showcased at the Dusseldorf boat show in late January, where their presentation is set to “underscore the dawn of a new era in eco-friendly marine transport”.
How VMAR’s E-Motion Is Defining This Space
The E-Motion powertrain technology is the fastest electric speedboat in its class on the market. Not only is it the first fully electric, production-ready recreational boat in its class on the market, but it’s also a high-performance machine with 180 horsepower. It’s turn-key, disruptive and powered by Vision Marine’s proprietary E Motion battery and software.
Capable of fully charging overnight on 120v-20A or 240v 50A shore power, no supercharger needed , the E-Motion battery also has another clear advantage: It’s cheaper than its competitors.
Vision Marine has an entirely different strategy that focuses on one key fact: Boatbuilding is a decentralized affair. A builder typically buys the outboard motor from one supplier, the throttle from another, and the gauges and console systems from a third.
Having established back-to-back world speed records in electric boating, VMAR’s E-Motion Electric Powertrain should top the list for any builders looking for a best-in-class electric motor.
The Small-Cap Market Opportunity Amid Historical Disconnect
The electric boats and ship market size is expected to witness rapid growth over the next six years, with revenues set to hit nearly $11 billion, driven by environmental concerns and technological advancements, according to Fairfield Market Research.
Electric boat start-ups have raised a lot of capital over the past six months, suggesting growing interest in the market:
- Sweden’s Candela electric boat-maker raised some $20 million this spring
- Sweden’s X Shore raised around $28.5 million in the same period
- Florida-based Blue Innovations Group, an electric boat start-up founded by former Tesla manufacturing chief John Vo, started accepting reservations in March
- Rhode Island-based Flux Marine electric outboard motor manufacturer raised $15.5 million in 2022
- Middle East-based Crow Electric Ships and Boats latest investment valued it at $55 million in July; and
- In September, LA-based EV boat start-up ARC raised $70 million Series B.
But finding the opportunity amid this disconnect is even better when it’s a small or micro-cap that is defining a specific industry niche, such as the electric boat startup segment. And in this particular segment, Vision Marine (VMAR) is a clear leader, with Fairfield Market Research highlighting VMAR as one of the key players in the $11-billion revenue push.
This could be why Roth Capital recently initiated coverage of Vision Marine, with a C$6 share price.
“We believe Vision is working with multiple other boat OEMs and expect additional purchase orders and supplier agreements to lift visibility,” Roth said in June. “Further news around this area should serve as a positive valuation catalyst.”
Roth expects Vision Marine’s E-Motion to “drive impressive growth supplementing momentum in existing operations”, including its electric boat rental segment, whose flagship Newport operation took in $4 million in revenue in 2022 at 35% margin, with more locations on the way, plus a major franchise scale-up.
The Electric Boom is in Full Swing
Tesla’s (TSLA) Model Y emerged as the best-selling vehicle worldwide in the first quarter of 2023 and the company’s stock price has performed well through the year. Tesla’s CEO, Elon Musk, recently hinted at exciting developments on the horizon for the company. While he did not unveil specific new products during the annual shareholder meeting, Musk confirmed that two exciting projects are in the pipeline, generating anticipation among investors and enthusiasts alike.
Stellantis N.V. (STLA) is an automotive conglomerate that was formed in 2021 by the merger of Fiat Chrysler Automobiles and PSA Group. This multinational corporation, which operates 14 different brands, including Jeep, Peugeot, and Maserati, is committed to the development of electric vehicles and has announced that it aims to invest over €30 billion through 2025 in electrification and software development.
Nio Inc (NIO) has emerged as a prominent player in the EV sector. The Chinese-based automaker has carved a niche for itself in the premium electric vehicle market, with a strong lineup of SUVs and the ET7 luxury sedan. The company’s innovative “Battery as a Service” model and battery swap technology have helped to distinguish Nio from its competitors. Nio’s business model is about more than just selling cars. It’s focused on providing a lifestyle brand to its users, including Nio Houses that serve as showrooms, lounges, and gathering places for Nio users.
BlueBird (BLBD) is a leading designer and manufacturer of school buses. The company’s portfolio includes both conventional combustion engine buses and a growing lineup of electric models. BlueBird’s emphasis on producing zero-emission vehicles is a significant part of its growth strategy. The company’s electric buses, with their lower total cost of ownership, are appealing to school districts looking to cut operational costs and reduce their environmental impact.
Toyota Motor Corporation (TM) is the world’s largest automaker in terms of production volume. While Toyota was an early adopter of hybrid technology with the Prius, it has been slower than some competitors to fully embrace electric vehicles. However, the company has announced plans to invest $13.5 billion into battery technology by 2030 and aims for 40% of its global sales to come from electric vehicles by 2025.
** IMPORTANT NOTICE AND DISCLAIMER — PLEASE READ CAREFULLY! **
PAID ADVERTISEMENT. This article is a paid advertisement. Global Investment Daily, FTB Capital Inc. and its owners, managers, employees, and assigns (collectively “the Publisher”) is often paid by profiled companies or a third party to disseminate these types of communications. In this case, the Publisher has been compensated by Vision Marine Technologies (VMAR) to conduct investor awareness advertising and marketing. VMAR paid the Publisher to produce and disseminate this and future articles as well as related banner ads for thirty-five thousand dollars per month for six months. VMAR also paid the Publisher 75,000 shares of common stock, which are subject to a six-month lockup period. This compensation should be viewed as a major conflict with our ability to be unbiased.
Readers should beware that third parties, profiled companies, and/or their affiliates may liquidate shares of the profiled companies at any time, including at or near the time you receive this communication, which has the potential to hurt share prices. Frequently companies profiled in our articles experience a large increase in volume and share price during the course of investor awareness marketing, which often ends as soon as the investor awareness marketing ceases. The investor awareness marketing may be as brief as one day, after which a large decrease in volume and share price may likely occur.
This communication is not, and should not be construed to be, an offer to sell or a solicitation of an offer to buy any security. Neither this communication nor the Publisher purport to provide a complete analysis of any company or its financial position. The Publisher is not, and does not purport to be, a broker-dealer or registered investment adviser. This communication is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information about the company. Further, readers are advised to read and carefully consider the Risk Factors identified and discussed in the advertised company’s SEC, SEDAR and/or other government filings. Investing in securities, particularly microcap securities, is speculative and carries a high degree of risk. Past performance does not guarantee future results. This communication is based on information generally available to the public, and does not (to the Publisher’s knowledge, as confirmed by VMAR) contain any material, non-public information. The information on which it is based is believed to be reliable. Nevertheless, the Publisher cannot guarantee the accuracy or completeness of the information.
SHARE OWNERSHIP. The Publisher owns shares and / or options of the featured company and therefore has an additional incentive to see the featured company’s stock perform well. The Publisher does not undertake any obligation to notify the market when it decides to buy or sell shares of the issuer in the market. The Publisher will be buying and selling shares of the featured company for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.
FORWARD LOOKING STATEMENTS. This publication contains forward-looking statements, including statements regarding expected continual growth of the featured companies and/or industry. The Publisher notes that statements contained herein that look forward in time, which include everything other than historical information, involve risks and uncertainties that may affect the companies’ actual results of operations. Factors that could cause actual results to differ include, but are not limited to, the size and growth of the market for the companies’ products and services, the companies’ ability to fund its capital requirements in the near term and long term, pricing pressures, etc.
INDEMNIFICATION/RELEASE OF LIABILITY. By reading this communication, you acknowledge that you have read and understand this disclaimer, and further that to the greatest extent permitted under law, you release the Publisher, its affiliates, assigns and successors from any and all liability, damages, and injury from this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.
TERMS OF USE. By reading this communication you agree that you have reviewed and fully agree to the Terms of Use found here http://GlobalInvestmentDaily.com/Terms-of-Use. If you do not agree to the Terms of Use http://GlobalInvestmentDaily.com/Terms-of-Use, please contact GlobalInvestmentDaily.com to discontinue receiving future communications.
INTELLECTUAL PROPERTY. GlobalInvestmentDaily.com is the Publisher’s trademark. All other trademarks used in this communication are the property of their respective trademark holders. The Publisher is not affiliated, connected, or associated with, and is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by the Publisher to any rights in any third-party trademarks.
DISCLAIMER: GlobalInvestmentDaily.com is Source of all content listed above. FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with GlobalInvestmentDaily.com or any company mentioned herein. The commentary, views and opinions expressed in this release by GlobalInvestmentDaily.com are solely those of GlobalInvestmentDaily.com and are not shared by and do not reflect in any manner the views or opinions of FNM. FNM is not liable for any investment decisions by its readers or subscribers. FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM was not compensated by any public company mentioned herein to disseminate this press release. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.
Contact Information:
Media Contact e-mail: editor@financialnewsmedia.com U.S. Phone: +1(954)345-0611
SOURCE: GlobalInvestmentDaily.com
The post The Electric Boat Boom is Heating Up With The Most Important Deal Yet appeared first on Financial News Media.
