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Stock impact report

Riding the Wave of an Electric Boat Future- Collaborations Key to Success [Yahoo! Finance]

Vision Marine Technologies Inc. - Common Shares (VMAR) 
Company Research Source: Yahoo! Finance
electric vehicle stocks issues a snapshot on the future of the electric boating market and some of the partnerships moving the sector forward, featuring Vision Marine Technologies Inc. (NASDAQ: VMAR), a pioneer in electric marine propulsion. Read the full article on Investorideas.com https://www.investorideas.com/News/2024/renewable-energy/12030Electric-Boat.asp According to a recent study by Future Market Insights , "The global electric boats market is on a rapid growth trajectory, expected to expand at a Compound Annual Growth Rate (CAGR) of 10.4% from 2023 to 2033. The market value is projected to rise from USD 5.6 billion in 2023 to an impressive USD 15.1 billion by 2033." "2034 is projected to pose a demand for electric boats that will be 2.7 times higher than the present value." Looking at some of the recent news in the sector, partnerships and collaborations are a key factor for potential growth moving forward. Vision Marine Technologies Inc. (NASDAQ: VMAR), just an Show less Read more
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