![]() ![]() Last September, right out of the gate, VMAR received and initial purchase order from the North America’s Limestone Boat Company for $2 million worth (25 units) of E-Motion 180E outboard motors and Powertrain systems. Instead, it’s marketing E-Motion to OEMs (original equipment manufacturers), and they’ve already received an impressive volume of orders. VMAR isn’t trying to manufacturer its own boats, which would mean burning through cash at an untenable rate (just like all the smaller EV companies right now). How they plan to market the E-Motion Powertrain is the part that should sound more attractive to investors who may or may not have been taken for a wild ride with EV investments.
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