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Any thoughts re electric boats as an investment, specifically Vision Marine Technologies?

Posted on 10/7/22 at 11:08 am
Posted by Longer Tail Tiger
Member since Dec 2019
333 posts
Posted on 10/7/22 at 11:08 am
Here's a link to the company's website describing the company's business, for anyone who isn't already familiar with the company:
LINK
Electric boats sounds interesting, but I don't know whether or not Vision Marine Technologies, Inc. would be a worthwhile investment possibly whenever the current bear market ends.

I'm just curious as to any thoughts anyone might be willing to share.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
44418 posts
Posted on 10/7/22 at 11:27 am to
My concern would be weight. Not only for the motor, but all the batteries necessary for that thing. Probably get away with it on a pontoon boat. Try to find a dealer and get their opinion on it.
Posted by Athanatos
Baton Rouge
Member since Sep 2010
8194 posts
Posted on 10/7/22 at 11:40 am to
That’s going to be a pretty small niche market when you are asking 35k for a displacement hull with a top speed of 6 mph. I can see applications for it as a harbor shuttle, but this will not have mass appeal in America.
Posted by Lone Wolf McQuade
Member since Sep 2022
207 posts
Posted on 10/7/22 at 11:43 am to
My experience is that electronics and water (especially salt water) do not mix well.
Posted by el Gaucho
He/They
Member since Dec 2010
59175 posts
Posted on 10/7/22 at 12:09 pm to
No those companies always go down
Posted by meansonny
ATL
Member since Sep 2012
26797 posts
Posted on 10/7/22 at 12:28 pm to
My thoughts as well.

He'd have better luck with electric helicopters and gliders than electric boats.

(In before "they are called drones")
Posted by Longer Tail Tiger
Member since Dec 2019
333 posts
Posted on 10/7/22 at 8:45 pm to
Thanks to each of you who posted replies to my query.

Based solely on those replies, I think it can easily and very reasonably be concluded that an investment in Vision Marine Technologies Inc.'s stock would be a very poor choice as an investment.

Again, thanks. I appreciate each of the replies!

All the best to each of you!
Posted by Texas Tea 123
Member since Sep 2017
322 posts
Posted on 10/10/22 at 3:39 pm to
They have harbor shuttles likes this. Never seen it used anywhere else. Hard to believe this company will ever make money.
Posted by thelawnwranglers
Member since Sep 2007
42331 posts
Posted on 10/10/22 at 9:55 pm to
Isn't lithium ion and water bad?

YouTube - lithium water reaction
This post was edited on 10/10/22 at 10:05 pm
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