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Vision Marine Technologies Affirms Resilience Amid U.S.-Canada Trade Tariffs

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Vision Marine Technologies (NASDAQ: VMAR), a leader in electric marine propulsion, has issued a statement addressing its resilience amid U.S.-Canada trade tariffs. The company emphasizes its established presence in the U.S. market through two operational entities and a specialized workforce in electric boat systems.

CEO Alexandre Mongeon highlighted the company's strategic U.S. market investment and local operations, stating these positions enable efficient adaptation to changing trade policies. Vision Marine is actively optimizing its supply chain and exploring initiatives to minimize potential tariff impacts while maintaining its focus on long-term growth in high-performance electric marine propulsion.

The company remains confident in the growing demand for electric propulsion technology as the marine industry shifts toward sustainable solutions, emphasizing its commitment to delivering zero-emission powertrains while maintaining operational and financial stability.

Vision Marine Technologies (NASDAQ: VMAR), un leader nella propulsione marina elettrica, ha rilasciato una dichiarazione riguardo alla sua resilienza in mezzo ai dazi commerciali tra Stati Uniti e Canada. L'azienda sottolinea la sua presenza consolidata nel mercato statunitense attraverso due entità operative e una forza lavoro specializzata nei sistemi di imbarcazioni elettriche.

Il CEO Alexandre Mongeon ha evidenziato l'investimento strategico dell'azienda nel mercato statunitense e le operazioni locali, affermando che queste posizioni consentono un'adattamento efficiente alle politiche commerciali in evoluzione. Vision Marine sta attivamente ottimizzando la sua catena di approvvigionamento ed esplorando iniziative per minimizzare i potenziali impatti dei dazi, mantenendo al contempo il suo focus sulla crescita a lungo termine nella propulsione marina elettrica ad alte prestazioni.

L'azienda rimane fiduciosa nella crescente domanda di tecnologia di propulsione elettrica mentre l'industria marina si sposta verso soluzioni sostenibili, enfatizzando il suo impegno a fornire propulsori a zero emissioni mantenendo la stabilità operativa e finanziaria.

Vision Marine Technologies (NASDAQ: VMAR), un líder en propulsión marina eléctrica, ha emitido un comunicado abordando su resiliencia en medio de los aranceles comerciales entre EE. UU. y Canadá. La empresa enfatiza su presencia establecida en el mercado estadounidense a través de dos entidades operativas y una fuerza laboral especializada en sistemas de barcos eléctricos.

El CEO Alexandre Mongeon destacó la inversión estratégica de la compañía en el mercado de EE. UU. y las operaciones locales, afirmando que estas posiciones permiten una adaptación eficiente a las políticas comerciales cambiantes. Vision Marine está optimizando activamente su cadena de suministro y explorando iniciativas para minimizar los posibles impactos de los aranceles, al tiempo que mantiene su enfoque en el crecimiento a largo plazo en la propulsión marina eléctrica de alto rendimiento.

La empresa sigue confiando en la creciente demanda de tecnología de propulsión eléctrica a medida que la industria marina se desplaza hacia soluciones sostenibles, enfatizando su compromiso de ofrecer trenes motrices de cero emisiones mientras mantiene la estabilidad operativa y financiera.

비전 마린 테크놀로지스 (NASDAQ: VMAR)는 전기 해양 추진의 선두주자로서 미국-캐나다 무역 관세 속에서의 회복력에 대한 성명을 발표했습니다. 이 회사는 전기 보트 시스템에 특화된 인력과 두 개의 운영 단체를 통해 미국 시장에서 확고한 입지를 강조합니다.

CEO 알렉상드르 몽지온은 회사의 전략적 미국 시장 투자와 현지 운영을 강조하며, 이러한 입지가 변화하는 무역 정책에 효율적으로 적응할 수 있게 해준다고 말했습니다. 비전 마린은 공급망을 적극적으로 최적화하고 잠재적인 관세 영향을 최소화하기 위한 이니셔티브를 탐색하고 있으며, 고성능 전기 해양 추진 분야에서의 장기 성장에 집중하고 있습니다.

회사는 해양 산업이 지속 가능한 솔루션으로 전환함에 따라 전기 추진 기술에 대한 수요가 증가하고 있다는 점에 대해 확신을 가지고 있으며, 운영 및 재정적 안정성을 유지하면서 제로 배출 파워트레인을 제공하겠다는 의지를 강조합니다.

Vision Marine Technologies (NASDAQ: VMAR), un leader dans la propulsion marine électrique, a publié une déclaration concernant sa résilience face aux droits de douane entre les États-Unis et le Canada. L'entreprise souligne sa présence établie sur le marché américain grâce à deux entités opérationnelles et une main-d'œuvre spécialisée dans les systèmes de bateaux électriques.

Le PDG Alexandre Mongeon a mis en avant l'investissement stratégique de l'entreprise sur le marché américain et les opérations locales, affirmant que ces positions permettent une adaptation efficace aux politiques commerciales changeantes. Vision Marine optimise activement sa chaîne d'approvisionnement et explore des initiatives pour minimiser les impacts potentiels des droits de douane tout en maintenant son attention sur la croissance à long terme dans la propulsion marine électrique haute performance.

L'entreprise reste confiante dans la demande croissante de technologies de propulsion électrique alors que l'industrie marine évolue vers des solutions durables, soulignant son engagement à fournir des groupes motopropulseurs zéro émission tout en maintenant la stabilité opérationnelle et financière.

Vision Marine Technologies (NASDAQ: VMAR), ein führendes Unternehmen in der elektrischen Marineantriebstechnik, hat eine Erklärung veröffentlicht, die auf seine Resilienz angesichts der Handelszölle zwischen den USA und Kanada eingeht. Das Unternehmen betont seine etablierte Präsenz auf dem US-Markt durch zwei operative Einheiten und eine spezialisierte Belegschaft im Bereich elektrischer Bootssysteme.

CEO Alexandre Mongeon hob die strategische Investition des Unternehmens in den US-Markt und die lokalen Operationen hervor und erklärte, dass diese Positionen eine effiziente Anpassung an sich ändernde Handelspolitiken ermöglichen. Vision Marine optimiert aktiv seine Lieferkette und prüft Initiativen zur Minimierung potenzieller Zollauswirkungen, während es weiterhin auf langfristiges Wachstum im Bereich der leistungsstarken elektrischen Marineantriebe fokussiert bleibt.

Das Unternehmen ist zuversichtlich, dass die Nachfrage nach elektrischer Antriebstechnologie wächst, während sich die Marineindustrie in Richtung nachhaltiger Lösungen bewegt, und betont sein Engagement, emissionsfreie Antriebe bereitzustellen und gleichzeitig operative und finanzielle Stabilität aufrechtzuerhalten.

Positive
  • Established U.S. operations minimize tariff exposure
  • Strong local workforce specialized in electric boat systems
  • Strategic positioning in growing sustainable marine market
Negative
  • Potential impact from U.S.-Canada trade tariffs
  • Supply chain adjustments needed to address trade challenges

Insights

Vision Marine's statement addressing U.S.-Canada trade tariffs represents a strategic reassurance to investors rather than a disclosure of material financial impact. The company emphasizes its established U.S. presence through two operational entities and specialized workforce as defensive positioning against tariff-related disruptions.

Notably absent from this announcement are quantifiable metrics regarding the actual exposure to these tariffs - we don't see details on what percentage of operations cross borders, which specific components might face duties, or concrete financial implications. This lack of specificity suggests the potential impact is likely manageable but requires this preemptive investor communication.

The company's approach of supply chain optimization indicates they're taking appropriate mitigation steps, though without specifics on implementation. For investors, this represents a neutral development - the company acknowledges regulatory headwinds while asserting preparedness, yet provides no evidence of either material advantage or disadvantage from the current trade situation.

From a competitive standpoint, Vision Marine's established U.S. footprint could potentially create relative advantages against less geographically diversified competitors in the electric marine propulsion space, though this would require further validation through operational results in coming quarters.

MONTRÉAL, QUEBEC / ACCESS Newswire / March 6, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a pioneer in high-performance electric marine propulsion, reaffirms its strategic positioning and operational resilience in response to recent U.S.-Canada trade tariffs.Vision Marine Technologies

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With established U.S. operations and a skilled workforce in electric marine propulsion, Vision Marine is well-prepared to navigate the evolving trade landscape. The Company has maintained a strong presence in the United States for years, operating through its two established entities and employing highly qualified technicians specialized in electric boat systems. This foundation positions Vision Marine remains to continue delivering innovative solutions to its customers while minimizing exposure to shifting trade policies.

"We have been strategically invested in the U.S. market for years, with local operations and a highly skilled workforce dedicated to advancing electric marine technology," stated Alexandre Mongeon, CEO of Vision Marine Technologies. "Our existing infrastructure and experience allow us to adapt efficiently, ensuring stability for our investors and partners."

Vision Marine continues to optimize its supply chain and explore strategic initiatives to mitigate potential impacts from tariff adjustments. The Company remains focused on its long-term growth strategy, leveraging its expertise in electrification to expand market reach and reinforce its leadership in high-performance electric marine propulsion.

With the global marine industry shifting toward sustainable solutions, Vision Marine is confident that demand for electric propulsion technology will continue to grow. The Company remains committed to delivering best-in-class electric powertrains while maintaining operational stability and financial strength.

For more information about Vision Marine Technologies, please visit visionmarinetechnologies.com.

About Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ:VMAR) is pioneering electric marine propulsion technology, offering high-performance, zero-emission powertrains for the boating industry. With a strong presence in the U.S. and Canada, Vision Marine provides turn-key electrification solutions designed to transform marine transportation with sustainable, efficient, and powerful electric propulsion systems.

Forward-Looking Statements
Certain statements in this press release, including, but not limited to, statements regarding the anticipated benefits of the exclusive supply agreement, market expansion, and future events, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on assumptions and subject to various risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Vision Marine disclaims any obligation to update these statements except as required by law. Actual results may differ materially from those expressed or implied. For a detailed discussion of these risks, refer to Vision Marine's Annual Report on Form 20-F for the year ended August 31, 2024, and other periodic filings with the SEC. Vision Marine does not undertake any obligation to update or revise forward-looking statements other than as required by law.

Contact Information

Bruce Nurse
Investor Relations
bn@v-mti.com
303-919-2913

Website: visionmarinetechnologies.com
Twitter: @marine_vision
Facebook: @VisionMarineTechnologies
Instagram: @visionmarine.technologies
YouTube: @VisionMarineTechnologies

SOURCE: Vision Marine Technologies Inc.



View the original press release on ACCESS Newswire

FAQ

How is Vision Marine Technologies (VMAR) addressing the U.S.-Canada trade tariffs?

VMAR is leveraging its existing U.S. operations and workforce, optimizing supply chain, and exploring strategic initiatives to minimize tariff impacts while maintaining business stability.

What U.S. presence does Vision Marine Technologies (VMAR) currently maintain?

VMAR operates through two established U.S. entities with specialized technicians focused on electric boat systems.

What is Vision Marine's (VMAR) strategy for managing trade policy changes?

VMAR is focusing on supply chain optimization and strategic initiatives while leveraging its existing U.S. infrastructure and experience to adapt efficiently.

How might the U.S.-Canada trade tariffs impact VMAR's market position?

VMAR's established U.S. presence and local operations are expected to help minimize exposure to shifting trade policies while maintaining market stability.

Vision Marine Technologies Inc

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