Will Electric Boat stocks become more common in 2020?

Electric boat stocks are bound to become more common in the years ahead, and Vision Marine Inc. raised over $27 million in its November 2020 IPO. The company designs and manufactures electric powertrains and electric boats. It was founded in 1995 and is based in Canada. For now, the company remains small with a market cap of around $50 million.

Is vision marine a good EV boat stock?

Vision Marine is a bit of a wildcard but it’s worth a mention because it is one of the many up-and-coming EV boat stocks. Electric boat stocks are bound to become more common in the years ahead, and Vision Marine Inc. raised over $27 million in its November 2020 IPO. The company designs and manufactures electric powertrains and electric boats.

Are E-boat stocks a smart investment?

E-boat stocks are not just smart investments; they’re steps towards a greener future. Vision Marine Technologies (NASDAQ: VMAR ), a key player in the electric boat stocks market, has faced a challenging year, with its year-to-date return declining by 61%.