Forza X1 Receives Order From OneWater Marine Indicating Its Intention To Initially Purchase 100 Units Of The Company's 22-Foot Electric Boats; Order Could Equate To ~$12M In Revenue For Forza
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Forza X1 receives an initial purchase order from OneWater Marine for 100 units of its 22-foot electric boats, potentially generating $12M in revenue. This marks Forza's first sale of its 22-foot electric boat and expands its partnership with OneWater.

June 12, 2023 | 2:12 pm
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Forza X1 receives a $12M revenue-generating order from OneWater Marine for 100 units of its 22-foot electric boats, marking the first sale of this product.
The initial order from OneWater Marine for 100 units of Forza's 22-foot electric boats marks a significant milestone for the company, as it represents the first sale of this product. This order could generate approximately $12M in revenue for Forza, which is a positive development for the company and its shareholders. The partnership with OneWater also expands Forza's reach in the recreational boating market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
OneWater Marine places an initial order for 100 units of Forza X1's 22-foot electric boats, expanding its product offerings and partnership with Forza.
OneWater Marine's initial order for 100 units of Forza X1's 22-foot electric boats expands its product offerings and strengthens its partnership with Forza. This move aligns with the growing demand for sustainable recreational boating options and could potentially attract more customers to OneWater Marine's retail locations.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80