• 2020 Ultimate Luxury Holiday Gift Guide
  • Activity
  • Art Basel Special Issue
  • Capital Corner
  • Cart
  • Checkout
  • Coming Soon
  • Fall 2021 Issue
  • Forgot Password
  • Groups
  • Holiday 2021
  • Home
  • Home 1
  • Impact Wealth Community
  • Impact Wealth Magazine
  • Issue Winter 2021 – Tim Draper
  • Issues
  • Members
  • Messages
  • My account
  • Press
  • Reset Password
  • Shop
  • Signup
  • Special Issue Steelpointe Yacht Show – 2021
  • Spring 2022 – The Trailblazers Issue
  • Spring 2023 Issue
  • Spring Special 2021 Issue
  • Summer 2021 Issue
  • Summer 2022
  • ttest
  • User Profile
  • Wealth with Impact – Podcast
  • Winter 2021 Issue
  • Winter 2023 Issue
  • You are about to be redirected
Thursday, June 8, 2023
  • Login
  • Register
Sign up for Newsletter
Impact Wealth
  • Lifestyle
    • Health & Wellness
    • Fine Dining & Beverage
    • Fashion
    • Event Coverage
    • The Arts
  • Investing
    • Wealth
    • Retirement
    • Real Estate
    • Philanthropy
    • Family Office Trends
  • Impact Interviews
  • Subscribe Now
  • About Us
    • Press
  • Join Our Community
  • Sign up for Newsletter
No Result
View All Result
  • Lifestyle
    • Health & Wellness
    • Fine Dining & Beverage
    • Fashion
    • Event Coverage
    • The Arts
  • Investing
    • Wealth
    • Retirement
    • Real Estate
    • Philanthropy
    • Family Office Trends
  • Impact Interviews
  • Subscribe Now
  • About Us
    • Press
  • Join Our Community
  • Sign up for Newsletter
No Result
View All Result
Impact Wealth
No Result
View All Result
How Vision Marine’s Alex Mongeon is Cleaning the World’s Waterways with Electric Boats

How To Get Your Kids Into Elite Colleges—Without Scandals

Marc Faber Shares His Playbook for Hedging Against Inflation and Investing in Emerging Markets

How Vision Marine’s Alex Mongeon is Cleaning the World’s Waterways with Electric Boats

by Davis Richardson
June 15, 2021
in Interviews

Vision Marine Technologies is not just the hottest thing in boating right now. The company is also offering the coolest technology in terms of protecting our feeble waterways.

And with summer on the horizon, CEO and director Alexandre Mongeon is busier than ever, getting boats outfitted for the warm weather.

“Things are moving very fast,” Mr. Mongeon said, having just returned to his home in Montreal, Canada, after a whirlwind winter between Florida and California. “There has been an overload of enquiries.”

It comes as no surprise. Vision Marine (NASDAQ: VMAR) – which went public in November 2020 – has developed the world’s first fully electric outboard motor, amalgamating an advanced battery pack, inverter, and high-efficiency motor. It is hailed as a pioneer in giving the boating industry a much-needed overhaul, with a sleek and classic aesthetic that renders easy on the eye.

Essentially, Vision Marine’s signature outboard powertrain (E-Motion) possesses a proprietary union assembly between the transmission, electric motor design and comprehensive control software, thus dramatically expanding the range, performance, speed, and endurance.

The logistical challenges of COVID-19 restrictions have scuttled boat shows and international travel, meaning that most of the marketing, for now, happens virtually. Yet Mr. Mongeon and his team are still ahead of the curve when it comes to meeting their ultimate goal: saving the world’s waterways by producing zero pollution, zero emission, marginal cost maintenance, and a noiseless environment.

“And it’s a smoother ride than a traditional ICE motorboat,” Mr. Mongeon boasted with a smile.

If it sounds too good to be true, it is not.

We have all borne witness to that unnerving oily shimmer streaming behind a boat into the crystal-clear seas. According to Vision Marine’s studies, the number of pollutants has been increasing exponentially in recent years, and in 2019 alone, some 750,000 tons of hydrocarbons from motorboats seeped into our precious waters.

However, the company is determined to turn the tide – offering a viable electric solution to eliminate the need for gas or diesel-fueled outboard motors. Vision Marine’s engines can be re-charged with the standard electrical connector at boating marinas for ease of access. In addition to their wide variety of ready-made inventory and five e-boat models, they offer tailor-made solutions built to any boat’s specifications.

Mr. Mongeon also hopes that his green-orientated business model will attract a different type of customer, ones who previously steered clear given the environmental impact can now guiltlessly join the fray.

“We’re talking to boaters who want something cleaner and with less hassle,” he enthused. “This is the future of boating, and there is no going back.”

Mr. Mongeon’s vision is being heralded not only by conscious consumers, but regulators and municipalities are also riding the sea change to move away from traditional internal combustion engines.

“We will be delivering fifteen electric boats to the City of Montreal – they already have eleven or twelve – but are now upgrading their fleet to electric,” he noted. “And there are several cities across the world on the way to doing the same thing.”

For this passionate innovator, a desire for disruption is simply in his DNA. After operating numerous neighborhood businesses in the suburbs of Montreal as a child – a newspaper running service at the age of twelve followed by on-bike ice-deliveries with 30 community employees in the summer he turned fourteen – Mr. Mongeon went on to become an electrician by trade. Eager to resume his early zest for entrepreneurship, he left college after two years.

The core of his mission has always been centered on the betterment of communities, social responsibility – and perhaps most importantly – emphasizing personal pleasure. It is those small moments of service that make the pains of entrepreneurship all the more worth it.

“Nothing beats the moment when you deliver a boat and getting pictures of a family on that boat together for the first time,” Mr. Mongeon added. “That sense of togetherness, that is priceless.”

 

 

Tags: ceo profileselectric boatingvision marine technologies
Previous Post

How To Get Your Kids Into Elite Colleges—Without Scandals

Next Post

Marc Faber Shares His Playbook for Hedging Against Inflation and Investing in Emerging Markets

Related Posts

Fashion

Joanna Krupa: From Model to Animal Rights Activist and TV Personality

May 12, 2023
Maneet Ahuja: Breaking Barriers with Forbes Iconoclast
Interviews

Maneet Ahuja: Breaking Barriers with Forbes Iconoclast

May 5, 2023
Twyn: The AI-Powered Platform Revolutionizing Fan-Celebrity Interactions
Business

Twyn: The AI-Powered Platform Revolutionizing Fan-Celebrity Interactions

May 2, 2023
KZ_K Studio: Embracing Modernism and Multi-Functionality
Fashion

KZ_K Studio: Embracing Modernism and Multi-Functionality

May 3, 2023
How to Handle College Admissions Rejections
Interviews

How to Handle College Admissions Rejections

April 12, 2023
Decrypting Crypto: Author of Crypto Decrypted and CEO of Tradecraft Capital, James Diorio Explains the Role of Blockchain and Dispels the Misinformation About Investing in Crypto
Interviews

Decrypting Crypto: Author of Crypto Decrypted and CEO of Tradecraft Capital, James Diorio Explains the Role of Blockchain and Dispels the Misinformation About Investing in Crypto

April 12, 2023
Next Post
Marc Faber Shares His Playbook for Hedging Against Inflation and Investing in Emerging Markets

Marc Faber Shares His Playbook for Hedging Against Inflation and Investing in Emerging Markets

No Result
View All Result
Facebook Instagram Linkedin

Categories

  • Beauty
  • Business
  • Culture
  • Events
  • Family Office
  • Fashion
  • Feature
  • Fine Dining & Beverage
  • Health & Wellness
  • Impact Investing
  • Interviews
  • Investing
  • Lifestyle
  • Philanthropy
  • Real Estate
  • Retirement
  • The Arts
  • Travel
  • Uncategorized
  • Wealth

© 2020 ImpactWealth

No Result
View All Result
  • Lifestyle
    • Health & Wellness
    • Fine Dining & Beverage
    • Fashion
    • Event Coverage
    • The Arts
  • Investing
    • Wealth
    • Retirement
    • Real Estate
    • Philanthropy
    • Family Office Trends
  • Impact Interviews
  • Subscribe Now
  • About Us
    • Press
  • Join Our Community
  • Sign up for Newsletter

© 2020 ImpactWealth

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
MailJet subscription

Join the IMPACT WEALTH community!

  1. Get the latest news at impact wealth magazine.
  2. Receive offers and VIP invitations exclusive for our Impact Wealth Members!!