Podcast: This CEO Has a 'Vision' for the Electric Vehicle Industry

Action Alerts Plus - December, 5, 2022 - Analysis

To discuss the electric boating aspect of the larger EV transition, Chris recently spoke with Alexandre Mongeon

To discuss the electric boating aspect of the larger EV transition, Chris recently spoke with Alexandre Mongeon, the CEO of Vision Marine (VMAR) , which is a Stocks Under $10 holding. Vision Marine is a small-cap company that is tapping into the shift in marine propulsion and the electric boat market, one that some forecast will reach $16.6 billion by 2031 due in part to emission regulations, fuel costs, and other factors. It embraces what we call an asset-lite approach to manufacturing similar to the one that many chip companies, including Qualcomm (QCOM) , uses. And for those who think electric boating doesn’t translate into speed performance, you’re going to be dumbfounded by what you’re about to learn.

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