Shopping Cart

Call us toll free: +1 789 2000

Free worldwide shipping on all orders over $50.00

Groupe Beneteau launches a partnership with Vision Marine Technologies to develop and market 100% electric outboard-equipped boats – Yahoo Finance

MONTREAL, July 18, 2022 (GLOBE NEWSWIRE) — Groupe Beneteau, a global market leader in recreational boating, and Vision Marine Technologies (NASDAQ: VMAR) (“Vision Marine” or the “Company”), the leader in electric transition of the recreational boating industry, have launched a partnership to integrate Vision Marine Technologies’ revolutionary, high-power outboard motors onboard several models across Groupe Beneteau’s brand portfolio.

Innovation is a keystone of Groupe Beneteau’s heritage, shaping trends in boating for over 130 years. Groupe Beneteau was quick to recognize the growing market demand for electric boats and launched in March 2022 the DELPHIA 11 with electric propulsion for boating on inland waterways and lakes. At the Cannes Yachting Festival in September 2021, it had also presented the BENETEAU Oceanis 30.1 with electric engine and the EXCESS 15 Hybrid. This partnership with Vision Marine Technologies ensures truly game-changing electric propulsion will also be available on outboard boats.
“After the construction and thorough testing of a first, jointly developed prototype in early 2022, the objective is to bring to market a 100% electric boat and propulsion package,” states Erik Stromberg, Power and Motor Yacht Product Director for Groupe Beneteau. Stromberg continues, “The key to electrification is to have a full analysis of the customer use case. Many of the boats in our portfolio fit perfectly with a 100% electric solution. This solution is complementary and fully compatible with our other propulsion packages.”
The groundbreaking Vision Marine E-Motion™ 180 hp powertrain system, boasting battery capacity of 70kWh of continuous power, offers the perfect package for day boating. The initial commercial offering with Groupe Beneteau will be launched under the Four Winns brand, with deliveries expected to be available in spring 2023. The technology will also be rolled out by other brands within Groupe Beneteau, both in North America and Europe.
“We have always held Groupe Beneteau in high esteem and acknowledge the company’s long-standing mandate for leadership and excellence within the boating industry. We are honored to have the opportunity to power the Four Winns boat with our E-Motion™ 180E technology and look forward to a long-standing partnership with them. We continue to showcase our technology and rig the E-Motion™ powertrain on numerous third-party boats in order to formally move towards scaled production of our E-Motion™ technology for commercial usage,” stated Alexandre Mongeon, co-founder & CEO of Vision Marine.
“Our high-end technology adapted from the state of the art automotive market is the driver of our partnership with Groupe Beneteau. The E-Motion™ propulsion system is not only a motor and a high voltage battery, but also a fully optimized powertrain system designed to increase performance and reduce maintenance. We have worked hard with McLaren Engineering and its parent company Linamar Corp. to design a very secure and easy to use system. This will change the way consumers go boating,” stated Xavier Montagne, COO of Vision Marine.
About Vision Marine Technologies, Inc.
Vision Marine Technologies, Inc. (Nasdaq: VMAR), strives to be a guiding force for change and an ongoing driving factor in fighting the problems associated with waterway pollution by disrupting the traditional boating industry with electric power, in turn directly contributing to zero pollution, zero emission and a noiseless environment. Our flagship outboard powertrain (“E-Motion™”) is the first fully electric purpose-built outboard powertrain system that combines an advanced battery pack, inverter, and high efficiency motor with proprietary union assembly between the transmission and the electric motor design utilizing extensive control software. Our E-Motion™ and related technologies used in this powertrain system are uniquely designed to improve the efficiency of the outboard powertrain and, as a result, enhance both range and performance. Vision Marine continues to design, innovate, manufacture, and sell handcrafted, high performance, environmentally friendly, electric recreational power boats to customers. The design and technology applied to our boats results in far greater enhanced performance in general, higher speeds, and longer range. Simply stated, a smoother ride than a traditional internal combustion engine (ICE) motorboat.
About Groupe Beneteau
A global market leader, Groupe Beneteau, thanks to its Boat Division’s 11 brands, offers nearly 180 recreational boat models serving its customers’ diverse navigational needs and uses, from sailing to motorboating, monohulls and catamarans. Through its Boating Solutions division, the Group is also present in the charter, boat club, marina, digital and financing sectors. Leading the European leisure homes market, the three brands from the Group’s Housing division offer a comprehensive range of leisure homes, lodges and pods that combine eco-design with high standards of quality, comfort, and practicality. With its international industrial capabilities and global sales network, the Group employs 7,600 people, primarily in France, the US, Poland, Italy, Portugal, and China.
Forward-Looking Statements
Certain statements made in this press release are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate,” “believe,” “expect,” “estimate,” “plan,” “outlook,” and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. For example, when Vision Marine discusses the integration of its electric powertrains, and the expected commercial launch of its products, it is using forward-looking statements. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, actual results may differ materially from these expectations due to changes in global, regional, or local economic, business, competitive, market, regulatory and other factors, many of which are outside of Vision Marine’s control. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in Vision Marine’s Annual Report on Form 20-F, filed with the U.S. Securities and Exchange Commission (SEC) for the year ended August 31, 2021, as such factors may be updated from time to time in Vision Marine’s periodic filings with the SEC. Any forward-looking statement in this press release speaks only as of the date of this release. Vision Marine undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws. https://visionmarinetechnologies.com.
Investor and Company Contact:
Bruce Nurse
Vision Marine Technologies, Inc.
(800) 871-4274
bn@v-mti.com
www.visionmarinetechnologies.com

Related Quotes
The two-car crash happened just before 3:30 p.m. Sunday on 42nd Street and 11th Avenue.
(Bloomberg) — Airbus SE is growing more confident it can secure a landmark purchase of about 50 A350 wide-body jets from Air India Ltd. this week, while Boeing Co. works on a deal for as many as 150 737 Max jetliners for the carrier, people familiar with the matter said. Most Read from BloombergThis Could Be the Start of a Dollar ‘Doom Loop’ Like No OtherGhana Declares First Marburg Virus Disease OutbreakA Goldman Legend, Crypto Star and Top Banker Warn of Next Big RiskBoom Technology Inc., the
Yahoo Finance Live checks out Ford's latest F-150 pickup truck, which features a potential 700 horsepower and starting price tag of $109,000.
Boeing is close to announcing a deal to sell a handful of 787 Dreamliners to AerCap, according to people familiar with the matter. Terms of the deal couldn’t be learned, but the purchase could be announced as soon as Tuesday.
The order, which includes the firm purchase of 737 Max 8 jets, was announced on the first day of the Farnborough International Airshow.
A trend toward "microtransactions" could create recurring revenue streams, but also customer anger.
The ray hit a woman’s shoulder, sending her to an emergency room, she said in a Facebook post.
It’s like it was frozen in time…
Stellantis, formerly Fiat Chrysler, will stop building Jeep vehicles in China and has agreed to terminate an unprofitable joint venture with GAC Group amid stiff competition in the world's largest car market. The decision, which will result in a non-cash impairment charge of €297 million (US$301 million), was made after Stellantis failed to take a majority stake in GAC Fiat Chrysler. It also represents a shift in Stellantis' China strategy, which will see the company focus on electric vehicles (
The company said its self-driving system — the Aurora Driver — is capable of doing this all on its own and without human involvement as part of its Fault Management System.
2023 Ford F-150 Raptor R hidden easter eggs
The Lucid tops 400 miles, beating out the Tesla Model S.
FARNBOROUGH, England (Reuters) -UK-Japanese collaboration on fighter jets and a multibillion-dollar Boeing passenger plane order gave a lift to the aviation industry on Monday as the Farnborough Airshow returned in a heatwave tipped to break UK records. A national emergency has been declared in Britain for Monday and Tuesday, with temperatures set to rise above 40 degrees Celsius (104 Fahrenheit) for the first time. The air show, which alternates with Paris, is the first at Farnborough since 2019, and rising defence spending is in focus amid the war in Ukraine.
GM unveiled Monday evening the Chevrolet Blazer EV, an all-electric SUV with up to 320 miles of range and a starting price of $48,000 that CEO and Chairman Mary Barra hopes will supercharge her bid to surpass Tesla in U.S. EV sales by 2025. The Chevrolet Blazer EV, which will go on sale in 2023 as a 2024 model year, isn't the only impending GM electric vehicle. Blazer is going be a massive statement and illustrate how GM can hit big volume segments, according to Scott Bell, Global VP of Chevrolet.
As of July 9, there have been 70 fatalities, 4,459 injuries and more than 7,500 crashes in Lee County.
The deal includes options for 30 more of the jets and an agreement with Boeing to overhaul 29 of its existing 737 aircraft interiors for service by 2025.
It could use a little love…
The 2023 Ford F-150 Raptor R is the ultimate Raptor, because it’s rocking the 5.2-liter supercharged V8 out of the Mustang Shelby GT500. Here, we take a walk around the Raptor R to point out everything that’s different between it and a standard V6 EcoBoost-powered Raptor. There are a number of changes made on both the exterior and interior, but most of the effort for the R has been put into the powertrain and what’s under the skin. This is going to be one quick truck both on-road and off-road.
The H2Zero agreement aims to demonstrate that hydrogen has the potential to be used in a range of aircraft from the mid-2030s onwards.
The vehicle did not recognise obstacles properly and would brake randomly

source

Leave a Reply

Your email address will not be published.

Free Worldwide shipping

On all orders above $50

Easy 30 days returns

30 days money back guarantee

International Warranty

Offered in the country of usage

100% Secure Checkout

PayPal / MasterCard / Visa

×
preloader