The Electrifying Rise of Electric Boats
07.08.2025 - 18:04:04The Cassella Advantage
Vision Marine runs lean in the C-suite with a diverse and seasoned board of directors. Of note, the company just announced Anthony E. Cassella as its newest a board member. The name may be unassuming to many outside of the boating world, but Cassella has a potentially important connection for Vision Marine.
In March 2023, he was promoted from his role as vice president of MarineMax, the world's largest recreational boat, yacht and superyacht company, to the positions of executive vice president finance and chief accounting officer. He has been with MarineMax for 25 years where he has excelled in numerous positions of increasing responsibility. It's not far-reaching speculation to consider the potential implications of Cassella's relationship with both companies to explore any synergies.
The Electrifying of Everything Is Upon Us
The electric revolution is surging across transportation, propelling both cars and now boats into a cleaner, quieter future. EVs are now commonplace on highways and side streets and soon a wave of technically advanced electric motors powering fast, quiet and reliable boats will be the norm. Innovative companies such as Vision Marine Technologies are leading the transition, rewriting the rules of mobility and delivering tomorrow's opportunities today. Other players also plugging into the EV space include the following:
Brunswick (NYSE: BC) is a global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond. At the Consumer Electronics Show (CES) in Las Vegas in January, Brunswick launched Veer, an all-new boat brand designed to support electric propulsion and appeal to the next generation of boaters, and also debuted the first model in the Veer line-up: the X13. In addition, Mercury Marine, a division of Brunswick Corporation, has announced its Avator(TM) electric outboard concept.
MarineMax (NYSE: HZO) is a marine juggernaut with more than 130 locations worldwide, including 81 dealerships and 66 marina and storage facilities. Amongst its many offerings, MarineMax.com has the vaunted Wider Yachts now available for customers. Italian-made Wider Yachts are renowned for award-winning, eco-friendly electric propulsion to go beyond the imagination with unparalleled design, eminent luxury, and technology.
Telsa (NASDAQ: TSLA) is the household name in electric vehicles. The company made its latest wave in the EV space with the first deliveries of the Tesla Cybertruck late in 2023. During the fourth quarter, Tesla produced approximately 495,000 vehicles and delivered over 484,000 vehicles. In 2023, vehicle deliveries grew 38% YoY to 1.81 million while production grew 35% YoY to 1.85 million.
Winnebago (NYSE: WGO) is a renowned manufacturer of recreational vehicles (RVs) known for its innovative approach to travel. The company is currently making strides in eco-friendly travel with the development of the eRV2, an all-electric RV equipped with a proprietary house battery. This cutting-edge vehicle promises silent operation and the ability to travel off-grid, or "boondock," for up to seven days, offering a sustainable travel option. In addition, earlier this year, Chris-Craft, a subsidiary of Winnebago Industries, unveiled its first, zero-emission, all-electric concept boat: the Launch 25 GTe.
This is only the beginning of the electric odyssey. As battery technology advances, ranges will extend, charging will become seamless and the variety of electric vehicles will continue expanding. Whether cruising down a sun-drenched highway or exploring shorelines in near-silence, the future of mobility is undeniably electric, promising a cleaner, quieter and more exciting journey for everyone.
For more information about Vision Marine Technologies, please visit Vision Marine Technologies.
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