Vision Marine Technologies And JetRide Partner To Leverage Growing Electric Boat Rental Market
Portfolio Pulse from Benzinga Newsdesk
Vision Marine Technologies (VMAR) has partnered with JetRide to capitalize on the expanding electric boat rental market. This collaboration aims to enhance the availability and adoption of electric boats, aligning with the growing demand for sustainable recreational activities.

June 20, 2024 | 1:20 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Vision Marine Technologies (VMAR) has entered into a partnership with JetRide to expand its presence in the electric boat rental market. This move is expected to increase the adoption of VMAR's electric boats, aligning with the rising demand for eco-friendly recreational activities.
The partnership with JetRide is likely to enhance VMAR's market presence and drive sales of its electric boats. Given the growing interest in sustainable recreational activities, this collaboration is expected to positively impact VMAR's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100