Vision Marine Technologies Inc. announced its partnership with JetRide Holding, LLC. This strategic alliance marks Vision Marine's expansion in the burgeoning electric boat rental market, leveraging JetRide's extensive network of over 17 boat club locations across Florida. The company believe the electric boat market is experiencing rapid growth, driven by increasing awareness and demand among both seasoned boaters and newcomers.

Similar to the rise of electric cars, the company believe that electric boats are becoming essential in the boating world, offering innovative solutions and unique experiences. Electric boating not only attracts existing boaters but also encourages non-boaters to explore and enjoy the pleasure of boating for the first time. Venters will have the opportunity to experience Vision Marine's E-Motion Electric Powertrain firsthand, along with a variety of other electric products, all supported by years of expertise in electric boating.

This joint venture offers a unique experience for JetRide members, combining their premier rental services with Vision Marine's expertise. The partnership will be showcased at various locations - starting in Palm Beach County, Florida, which the company believe ideal for highlighting new generation electric bowriders, pontoons, and center consoles powered by E-Motion powertrain technology, along with smaller propulsion solutions. The partnership with JetRide is part of Vision Marine's strategy to expand its footprint on the East Coast of the United States.

This follows the partnership with BlueWater Rental in Palm Beach Florida in December 2023, providing innovative and durable electric solutions for emission-free boating to an increasing number of boaters.