Vision Marine Technologies affirms resilience amid U.S.-Canada Trade Tariffs

Vision Marine Technologies Inc © Vision Marine Technologies

Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company"), a company specializing in electric marine propulsion, reaffirms its strategic positioning and operational resilience in response to recent U.S.-Canada trade tariffs.

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.