The Electric Boat Revolution Is Here
Electric boating is having its Tesla moment, and few people understand that shift better than Alexandre Mongeon, CEO and co-founder of Vision Marine Technologies. Andrew sits down with Alexandre to trace his path from importing speed boats in Montreal to building the electric outboard systems now powering boats across North America. Along the way, Alexandre shares how a chance meeting with Olympic sailor and boat designer Ian Bruce set him on the road to electric propulsion, and how a rental-to-sale showroom model in Newport Beach, California, turned a small hobby business into a NASDAQ-listed company.
The conversation covers the real tradeoffs of owning an electric boat, from quieter rides and instant torque to range anxiety that Alexandre says almost never becomes a real problem on the water. He also breaks down why big outboard manufacturers have been slow to go electric, what it took to validate the technology with McLaren Engineering, and how Vision Marine used a record-breaking electric race boat to prove the technology could outperform gas power head to head. The episode closes on a topic close to the podcast's heart: Vision Marine's partnership with ocean conservation organization 4ocean, and why quieter boats matter for the marine mammals sharing the water with us.
Whether you are a lifelong boater curious about going electric or just interested in how a niche technology scales into a real industry, this conversation offers a grounded look at where boating is headed next.
Takeaways
- Electric boats trade gas fumes and engine noise for instant torque and quiet, social rides on the water
- Range anxiety is rarely an issue in practice, since most boaters travel under nine nautical miles per outing
- Vision Marine's acquisition of Nautical Ventures gave it its own dealership and service network across the US
- A specially built electric race boat has outpaced its gas-powered Mercury counterpart on the same hull
- Quieter electric motors mean less underwater noise pollution, which matters for marine mammal communication
- Big outboard manufacturers have been slow to go electric because switching from combustion engine production is costly and complex
- Vision Marine's partnership with 4ocean has funded ocean cleanup work tied directly to boat sales and rentals
Website: https://visionmarinetechnologies.com/
Support Independent Podcasts: https://www.speakupforblue.com/patreon
Need help with your ocean non-profit, company, or project? Get the help you need with Pisces Oceans Inc.: https://www.piscesoceans.ca
Connect with Speak Up For Blue
Website: https://bit.ly/3fOF3Wf
Instagram: https://bit.ly/3rIaJSG
TikTok: https://www.tiktok.com/@speakupforblue
Twitter: https://bit.ly/3rHZxpc
YouTube: www.speakupforblue.com/youtube
00:00:00,166 --> 00:00:01,375
Today on the podcast, we're going to be
2
00:00:01,375 --> 00:00:02,708
talking to Alexandra
3
00:00:02,708 --> 00:00:06,416
Mangiau, who leads the Vision Marine
4
00:00:06,500 --> 00:00:09,375
Technologies Boating Company, sells
5
00:00:09,375 --> 00:00:12,291
boats, so sells gas powered boats, also
6
00:00:12,291 --> 00:00:13,375
electric boats. We're here
7
00:00:13,375 --> 00:00:16,583
to talk about the new era of electric
8
00:00:16,583 --> 00:00:18,458
boating. We've talked a
9
00:00:18,458 --> 00:00:19,875
little bit about electric boating
10
00:00:19,875 --> 00:00:21,500
earlier this week when we talked about
11
00:00:21,500 --> 00:00:24,208
sort of the rent to use type
12
00:00:24,208 --> 00:00:25,833
of boating model. And today,
13
00:00:25,833 --> 00:00:27,000
we're going to be talking to Alexandra
14
00:00:27,000 --> 00:00:29,875
about how this new industry
15
00:00:29,875 --> 00:00:31,500
or you part of the boating
16
00:00:31,500 --> 00:00:35,000
industry has kind of taken people, you
17
00:00:35,000 --> 00:00:36,166
know, by surprise, I
18
00:00:36,166 --> 00:00:37,666
guess, I think a lot of times,
19
00:00:37,916 --> 00:00:39,500
and where people are like, "Hey, this is
20
00:00:39,500 --> 00:00:40,666
actually really cool. We're
21
00:00:40,666 --> 00:00:43,041
really going for this. And this
22
00:00:43,041 --> 00:00:44,125
is something that we really want." We're
23
00:00:44,125 --> 00:00:44,583
going to talk about
24
00:00:44,583 --> 00:00:46,041
electric boating, electric motors,
25
00:00:46,041 --> 00:00:49,291
how it differs from like, from gas
26
00:00:49,291 --> 00:00:50,625
powered motors, all on
27
00:00:50,625 --> 00:00:51,500
today's episode of the How to
28
00:00:51,500 --> 00:00:52,833
Protect the Ocean podcast. Because this
29
00:00:52,833 --> 00:00:53,750
is the podcast where you
30
00:00:53,750 --> 00:00:55,416
find out all about ocean news,
31
00:00:55,458 --> 00:00:57,250
all about new technologies that can help
32
00:00:57,250 --> 00:01:00,375
the ocean here Monday to Friday, every
33
00:01:00,375 --> 00:01:02,166
week. If you want to know more, if you
34
00:01:02,166 --> 00:01:03,291
want to find out this is the type of
35
00:01:03,291 --> 00:01:04,916
information that you like, hit that
36
00:01:04,916 --> 00:01:06,833
follow button right now on your favorite
37
00:01:06,833 --> 00:01:08,000
podcast app so you can
38
00:01:08,000 --> 00:01:10,250
listen to the next episode.
39
00:01:10,666 --> 00:01:12,125
Okay, so today we're going to be talking
40
00:01:12,125 --> 00:01:13,916
to Alexandra Mangiau, which is great
41
00:01:13,916 --> 00:01:14,916
because he's Canadian, he's from
42
00:01:14,916 --> 00:01:18,333
Montreal. He has a business where he's
43
00:01:18,333 --> 00:01:20,125
actually recently expanded the business
44
00:01:20,125 --> 00:01:22,541
for Vision Marine Technology.
45
00:01:22,541 --> 00:01:25,625
And his vision of the future is electric
46
00:01:25,625 --> 00:01:27,916
boating. And I think what we get to talk
47
00:01:27,916 --> 00:01:30,083
about on today's episode is really
48
00:01:30,083 --> 00:01:32,500
special because it's a new way of boating
49
00:01:32,500 --> 00:01:34,791
that actually provides a benefit not only
50
00:01:34,791 --> 00:01:36,791
to the environment, but also to the
51
00:01:36,791 --> 00:01:38,250
people who use it. And you're going to
52
00:01:38,250 --> 00:01:40,666
hear why that's happening in this
53
00:01:40,666 --> 00:01:42,583
interview. Before we get into that,
54
00:01:42,583 --> 00:01:43,666
though, if you want to support the show,
55
00:01:43,666 --> 00:01:44,333
all you have to do is go to
56
00:01:44,333 --> 00:01:46,500
speakupforblue.com forward slash Patreon,
57
00:01:46,500 --> 00:01:48,458
join our Patreon community. I would love
58
00:01:48,458 --> 00:01:50,541
to see you there. I would love to hear from you. It supports the show.
59
00:01:50,541 --> 00:01:54,583
We have editors and all that kind of
60
00:01:54,583 --> 00:01:56,791
stuff and it just helps get more
61
00:01:56,791 --> 00:01:58,833
information out there. We do stuff on
62
00:01:58,833 --> 00:02:01,958
YouTube. We're just stuff on on on TikTok
63
00:02:01,958 --> 00:02:04,291
and on Instagram and on Facebook and we'd
64
00:02:04,291 --> 00:02:06,791
love to get your support to help us do
65
00:02:06,791 --> 00:02:09,791
that as well. So speakupforblue.com
66
00:02:09,791 --> 00:02:11,916
forward slash Patreon. And of course,
67
00:02:11,916 --> 00:02:13,625
here is the interview with Alexandra
68
00:02:13,625 --> 00:02:15,750
Mangiau. Enjoy and I'll talk to you
69
00:02:15,750 --> 00:02:18,666
after. Hey, Alexandra, welcome to the How
70
00:02:18,666 --> 00:02:19,291
to Protect the Ocean
71
00:02:19,291 --> 00:02:20,541
podcast. Are you ready to do that?
72
00:02:20,583 --> 00:02:23,416
I'm ready to talk about electric boats. I
73
00:02:23,416 --> 00:02:25,291
was born ready, Andrew. So let's start.
74
00:02:26,666 --> 00:02:28,666
All right. I'm super excited. There's a
75
00:02:28,666 --> 00:02:29,875
couple of reasons why I'm saying one.
76
00:02:30,208 --> 00:02:32,541
We're talking about boats over the last
77
00:02:32,541 --> 00:02:35,000
month or so. I had an itch that I want to
78
00:02:35,000 --> 00:02:36,791
buy a boat at some point in the next five
79
00:02:36,791 --> 00:02:40,000
years or so. But also I get to talk about
80
00:02:40,000 --> 00:02:41,750
electric boats today, which is which is a
81
00:02:41,750 --> 00:02:43,916
lot of fun. And I get to talk to a fellow
82
00:02:43,916 --> 00:02:46,250
Canadian fellow Quebecer, which is a lot
83
00:02:46,250 --> 00:02:47,625
of fun. My family's from Quebec. So it's
84
00:02:47,625 --> 00:02:49,250
always great to be able to talk to people
85
00:02:49,250 --> 00:02:50,541
that, you know, we've got some
86
00:02:50,583 --> 00:02:52,625
some things in common and we love boats
87
00:02:52,625 --> 00:02:54,375
and we're going to talk all about being
88
00:02:54,375 --> 00:02:56,166
on the ocean, being on lakes and what
89
00:02:56,166 --> 00:02:59,000
it's like to have an electric vehicle on
90
00:02:59,000 --> 00:03:01,333
the water. So I'm super excited for this.
91
00:03:01,708 --> 00:03:03,041
Before we get into all that, though,
92
00:03:03,083 --> 00:03:04,291
Alexandra, why don't you just let us know
93
00:03:04,291 --> 00:03:05,541
who you are and what you do.
94
00:03:06,541 --> 00:03:10,833
So my name is Alex. CEO and co-founder of
95
00:03:10,833 --> 00:03:13,250
Visionary Technology. I was born and
96
00:03:13,250 --> 00:03:16,875
raised in Montreal, Canada, and I'm an
97
00:03:16,875 --> 00:03:20,000
avid boat racer and an electrician by
98
00:03:20,000 --> 00:03:22,500
trade. And I've been boating for the past
99
00:03:22,500 --> 00:03:25,458
30 years and I've been living on the
100
00:03:25,458 --> 00:03:27,541
water for the past 25 years.
101
00:03:28,541 --> 00:03:30,666
So I know how cool boat could be. And
102
00:03:30,666 --> 00:03:33,958
also I was enjoying every second I could.
103
00:03:34,208 --> 00:03:36,000
So to be on the water when I was living
104
00:03:36,000 --> 00:03:38,291
in Montreal. So I would say eight weeks
105
00:03:38,291 --> 00:03:41,958
out of the 52. I was able to go boating.
106
00:03:42,375 --> 00:03:44,291
But I can tell you crazy stories. I was
107
00:03:44,291 --> 00:03:46,958
cutting ice to get my boat out on the
108
00:03:46,958 --> 00:03:48,166
water to test them because
109
00:03:48,166 --> 00:03:49,541
we got icy water starting.
110
00:03:49,583 --> 00:03:52,125
I would say November till April. So I
111
00:03:52,125 --> 00:03:54,291
could not wait. And I was. But we'll
112
00:03:54,291 --> 00:03:56,250
discuss about that. But that's where I
113
00:03:56,250 --> 00:03:58,708
am. And I've created along the way an
114
00:03:58,708 --> 00:04:00,833
electric outboard system that could fit
115
00:04:00,833 --> 00:04:03,583
almost any boats between 18 to 30 feet
116
00:04:03,583 --> 00:04:05,541
single motors or twin motors.
117
00:04:06,125 --> 00:04:07,416
And we've built different types of boat
118
00:04:07,416 --> 00:04:09,958
for rentals operation a bit like the golf
119
00:04:09,958 --> 00:04:12,333
cart. They were very popular back then.
120
00:04:12,333 --> 00:04:14,083
And today we are actually providing a
121
00:04:14,083 --> 00:04:16,583
technology that could be installed on any
122
00:04:16,583 --> 00:04:18,250
manufacturer that wants to use an
123
00:04:18,250 --> 00:04:18,541
outboard motor from the
124
00:04:18,541 --> 00:04:23,375
20 doors power to 400 hours. So I will be
125
00:04:23,375 --> 00:04:24,541
pleased to give you more information
126
00:04:24,541 --> 00:04:27,375
today. Yeah absolutely. I'm super excited
127
00:04:27,375 --> 00:04:29,166
about this because we've seen the advent
128
00:04:29,166 --> 00:04:31,041
of the electric vehicle like the electric
129
00:04:31,041 --> 00:04:33,875
car or an SUV or something on the road.
130
00:04:34,666 --> 00:04:36,541
That's a hit popularity. No matter what
131
00:04:36,541 --> 00:04:39,250
people are saying in the mainstream when
132
00:04:39,250 --> 00:04:41,500
people are like oh forget EVs or forget
133
00:04:41,500 --> 00:04:43,125
this or forget that. A lot of people are
134
00:04:43,125 --> 00:04:45,000
buying electric vehicles or hybrid
135
00:04:45,000 --> 00:04:47,458
vehicles. And we're seeing that sort of
136
00:04:47,458 --> 00:04:48,541
increase. A couple of years ago, I was working with the
137
00:04:48,541 --> 00:04:50,916
electric vehicle. I did an interview with
138
00:04:50,916 --> 00:04:52,666
somebody from a flex Marine who talked
139
00:04:52,666 --> 00:04:54,541
about electric vehicle electric boats and
140
00:04:54,541 --> 00:04:56,208
I was like, oh, this is a really cool
141
00:04:56,208 --> 00:04:57,958
concept. I'm like, I wonder how this all
142
00:04:57,958 --> 00:05:01,291
works. I haven't seen a lot of talk about
143
00:05:01,291 --> 00:05:04,541
electric boats before. Especially on the
144
00:05:04,541 --> 00:05:06,666
ocean. Especially on like larger lakes or
145
00:05:06,666 --> 00:05:09,208
even like cottage lakes and so forth. So
146
00:05:09,208 --> 00:05:10,708
I'm super excited to talk about the
147
00:05:10,708 --> 00:05:12,791
system that you built and how you got
148
00:05:12,791 --> 00:05:14,541
into that. So I want to talk a little bit
149
00:05:14,541 --> 00:05:16,208
about your origin story. You mentioned a
150
00:05:16,208 --> 00:05:17,583
little bit. You've always been involved
151
00:05:17,583 --> 00:05:18,541
in boats. You've always been involved in boats. It's just a little bit about the nature of the ocean. It's a little bit about the nature of the ocean. It's a little bit about the nature of the ocean. It's a little bit about the nature of the ocean.
152
00:05:18,541 --> 00:05:18,833
So I want to know what you think about this, the ways that you're working in the industry,
how you started your career and how you started your career in the boats
153
00:05:18,833 --> 00:05:20,583
and racing and with your electrician
154
00:05:20,583 --> 00:05:22,500
background. I imagine that is something
155
00:05:22,500 --> 00:05:24,791
that always interested you. When did you
156
00:05:24,791 --> 00:05:27,375
start working in the industry? Like, in
157
00:05:27,375 --> 00:05:28,291
the boating industry.
158
00:05:28,291 --> 00:05:29,625
Were you always out of
159
00:05:49,166 --> 00:05:51,041
out of the blue, a small business with
160
00:05:51,041 --> 00:05:52,625
the co-founder with me,
161
00:05:53,000 --> 00:05:54,416
my prior partner, Patrick
162
00:05:54,458 --> 00:05:56,750
Bobby, we started a
163
00:05:56,750 --> 00:05:58,666
currency traded office.
164
00:05:58,916 --> 00:06:01,458
So we were trading currency and we were
165
00:06:01,458 --> 00:06:02,375
ritual fitting and
166
00:06:02,375 --> 00:06:05,083
importing boats as early as 1980,
167
00:06:05,458 --> 00:06:08,958
98 and 99 were importing both from US.
168
00:06:09,833 --> 00:06:11,458
And most of those boats were speed boats
169
00:06:11,458 --> 00:06:13,125
because they're not, they
170
00:06:13,125 --> 00:06:14,500
don't build them in Canada.
171
00:06:14,791 --> 00:06:16,250
So most of those boats were built in
172
00:06:16,250 --> 00:06:17,333
Florida, started
173
00:06:17,333 --> 00:06:19,375
importing them smaller and bigger
174
00:06:19,375 --> 00:06:21,333
and bigger and was pretty good.
175
00:06:21,875 --> 00:06:23,500
And we learned about the market and we
176
00:06:23,500 --> 00:06:24,583
also, we were also very
177
00:06:24,583 --> 00:06:26,750
successful during the crash
178
00:06:27,291 --> 00:06:28,166
of 2008.
179
00:06:29,041 --> 00:06:30,750
There were no crash in Canada and we were
180
00:06:30,750 --> 00:06:32,125
successful by importing that.
181
00:06:32,708 --> 00:06:33,666
It was a hobby during the
182
00:06:33,666 --> 00:06:35,166
weekends and we're racing boats.
183
00:06:35,875 --> 00:06:39,083
And after racing and racing boats, we
184
00:06:39,083 --> 00:06:39,750
sold the business,
185
00:06:39,750 --> 00:06:41,166
bought ourself, got two kids
186
00:06:41,208 --> 00:06:42,875
with our wife and we had started enjoying
187
00:06:42,875 --> 00:06:43,791
life and racing more.
188
00:06:44,666 --> 00:06:47,416
And in 2013, after a
189
00:06:47,416 --> 00:06:49,041
boat race in Toronto,
190
00:06:50,333 --> 00:06:54,000
Thousand Island, I rent into a gentleman
191
00:06:54,000 --> 00:06:57,875
named Ian Bruce, Olympic sailor and very
192
00:06:57,875 --> 00:06:59,083
well-known architect,
193
00:07:00,291 --> 00:07:02,833
boat designer who actually designed and
194
00:07:02,833 --> 00:07:04,333
owned laser sailboats.
195
00:07:04,666 --> 00:07:06,791
He sold over 200,000
196
00:07:06,791 --> 00:07:08,833
sailboats in 141 countries.
197
00:07:09,375 --> 00:07:11,708
So I was pulling out from the boat ramp
198
00:07:11,708 --> 00:07:13,750
with a 46 footer outer limit.
199
00:07:14,375 --> 00:07:15,916
And I saw Ian Bruce polishing.
200
00:07:16,166 --> 00:07:18,000
He was probably 75 years old back then or
201
00:07:18,000 --> 00:07:19,875
70 years old polishing small sailboats.
202
00:07:20,708 --> 00:07:22,750
And I look at the sailboat and it looked
203
00:07:22,750 --> 00:07:26,541
like a boat that that we had in storage
204
00:07:26,541 --> 00:07:28,250
in a building that me and Patrick had
205
00:07:28,250 --> 00:07:29,916
purchased earlier with tooling.
206
00:07:29,916 --> 00:07:30,916
So we bought a building and
207
00:07:30,916 --> 00:07:32,000
they were tooling of boats.
208
00:07:32,291 --> 00:07:34,791
And long story short, I've parked a big
209
00:07:34,791 --> 00:07:37,000
raceboats after a boat race and Ian Bruce
210
00:07:37,000 --> 00:07:37,750
looked at me and
211
00:07:37,750 --> 00:07:38,833
started talking and asking me
212
00:07:38,875 --> 00:07:40,375
how much fuel we've burned during the
213
00:07:40,375 --> 00:07:43,166
race with that big boat and that one at
214
00:07:43,166 --> 00:07:44,916
over close to 3000 horsepower.
215
00:07:45,500 --> 00:07:46,875
And I was ashamed to give him the right
216
00:07:46,875 --> 00:07:48,500
number and I will never give you the
217
00:07:48,500 --> 00:07:50,625
number of how much it was expensive to
218
00:07:50,625 --> 00:07:51,541
race one of those boats.
219
00:07:51,750 --> 00:07:52,833
But that's the place to
220
00:07:52,833 --> 00:07:54,916
drive at 140, 50 miles per hour.
221
00:07:55,458 --> 00:07:56,208
It's very competitive.
222
00:07:57,375 --> 00:07:59,458
And he looked at me, gave me his business
223
00:07:59,458 --> 00:08:01,416
card and says pass by my office in St.
224
00:08:01,541 --> 00:08:03,416
Catherine close to the St.
225
00:08:03,416 --> 00:08:05,250
Lawrence Yacht Club on Monday.
226
00:08:05,250 --> 00:08:05,708
And I want to show
227
00:08:05,708 --> 00:08:06,583
you something very cool.
228
00:08:07,333 --> 00:08:09,916
So I didn't know Ian Bruce was back then.
229
00:08:10,166 --> 00:08:11,208
So I was excited.
230
00:08:11,875 --> 00:08:13,875
I went to the fact that it's little shop
231
00:08:13,875 --> 00:08:15,666
on the next Monday
232
00:08:15,666 --> 00:08:17,208
with my partner, Patrick.
233
00:08:17,541 --> 00:08:19,916
And Ian Bruce showed us an amazing
234
00:08:19,916 --> 00:08:22,625
classic replica of 1947
235
00:08:22,625 --> 00:08:24,708
Chris Craft back barrel.
236
00:08:25,250 --> 00:08:26,458
But it was used with
237
00:08:26,458 --> 00:08:28,416
mahogany and that thing was a lake.
238
00:08:29,125 --> 00:08:31,291
And you're talking 2000 electric.
239
00:08:32,375 --> 00:08:32,583
Wow.
240
00:08:32,833 --> 00:08:35,666
Tesla was actually using Lotus frame.
241
00:08:35,916 --> 00:08:37,750
So we was in 2008 was
242
00:08:37,750 --> 00:08:38,750
already building those boats.
243
00:08:39,250 --> 00:08:42,208
And we took that boat out for a spin and
244
00:08:42,208 --> 00:08:44,041
the St. Lawrence and run
245
00:08:44,041 --> 00:08:45,875
about 38, 40 miles per hour.
246
00:08:46,541 --> 00:08:48,375
And for me, I was driving the weekend
247
00:08:48,375 --> 00:08:50,458
earlier, 48 hours earlier, I was doing
248
00:08:50,458 --> 00:08:52,458
driving at 2000 horsepower gas boat.
249
00:08:52,458 --> 00:08:53,750
It was impossible.
250
00:08:54,500 --> 00:08:56,333
That guy was a rocket scientist.
251
00:08:56,333 --> 00:08:58,916
He was very talented, smart, kind,
252
00:08:58,916 --> 00:08:59,708
generous of his time.
253
00:08:59,708 --> 00:09:02,125
And he showed us also pictures of boats
254
00:09:02,125 --> 00:09:04,416
that he was yet design in the past.
255
00:09:04,416 --> 00:09:06,000
And he says, we own those tooling.
256
00:09:06,000 --> 00:09:07,166
It's one of in one of our building.
257
00:09:07,583 --> 00:09:08,666
We've been working on those small
258
00:09:08,666 --> 00:09:10,708
electric boats, me and Patrick for like
259
00:09:10,708 --> 00:09:13,416
hobby and the designer of those boats.
260
00:09:13,750 --> 00:09:15,708
And we still produce today those boats
261
00:09:15,708 --> 00:09:16,583
because we started
262
00:09:16,583 --> 00:09:18,000
that business around that.
263
00:09:18,041 --> 00:09:19,083
It's called the Fandale.
264
00:09:19,291 --> 00:09:20,208
I think we sold like five
265
00:09:20,208 --> 00:09:22,083
or 600 of those since 2013.
266
00:09:22,750 --> 00:09:25,125
From a small, you don't, you never know
267
00:09:25,125 --> 00:09:25,666
who you're going to meet.
268
00:09:26,166 --> 00:09:28,583
So Ian Bruce, Ian Bruce started
269
00:09:28,583 --> 00:09:30,750
negotiating with us, helping asking us if
270
00:09:30,750 --> 00:09:32,708
we want to take over his production and
271
00:09:32,708 --> 00:09:34,666
crazy story happened.
272
00:09:34,916 --> 00:09:36,666
He had an accident with
273
00:09:36,666 --> 00:09:37,666
the last boat produced.
274
00:09:37,958 --> 00:09:39,458
It was on the way to do the delivery.
275
00:09:39,458 --> 00:09:42,000
We helped him out, getting out of that
276
00:09:42,000 --> 00:09:43,833
situation by fixing the boat with him
277
00:09:43,833 --> 00:09:46,375
because we use, we have a shop and the
278
00:09:46,375 --> 00:09:48,500
race boats and we have space and we
279
00:09:48,500 --> 00:09:51,000
became friends and we ended up purchasing
280
00:09:51,000 --> 00:09:52,250
the tooling to produce those.
281
00:09:52,958 --> 00:09:55,708
Bruce 22 and he started building the
282
00:09:55,708 --> 00:09:58,750
first electric one with us showing us how
283
00:09:58,750 --> 00:10:00,208
to build it and who were the
284
00:10:00,208 --> 00:10:01,458
suppliers to get those parts.
285
00:10:01,666 --> 00:10:02,250
Most of the suppliers
286
00:10:02,250 --> 00:10:04,166
were car suppliers back then.
287
00:10:05,166 --> 00:10:07,958
And sadly, half in half of the production
288
00:10:07,958 --> 00:10:10,541
of the boat, I didn't told us that, but
289
00:10:10,541 --> 00:10:11,875
he was fighting a cancer.
290
00:10:12,208 --> 00:10:13,166
He passed away.
291
00:10:13,666 --> 00:10:14,416
I'm sorry to hear that.
292
00:10:14,583 --> 00:10:17,000
So we had two, two major last.
293
00:10:17,000 --> 00:10:20,750
We lost a mentor and we also lost the
294
00:10:20,750 --> 00:10:22,500
person that was guiding us along the way
295
00:10:22,500 --> 00:10:23,833
of the assembly of that boat.
296
00:10:25,958 --> 00:10:28,416
Once it happened a few times in my life,
297
00:10:28,708 --> 00:10:30,958
we had to complete half
298
00:10:30,958 --> 00:10:32,375
of the work by ourselves.
299
00:10:33,000 --> 00:10:34,541
But it's prices because you're learning a
300
00:10:34,541 --> 00:10:36,541
lot when you're stuck with an I like
301
00:10:36,541 --> 00:10:37,458
resolving challenge.
302
00:10:37,458 --> 00:10:39,791
I resolve challenge 10 times a day.
303
00:10:40,291 --> 00:10:43,500
And I started resolving challenge and the
304
00:10:43,500 --> 00:10:45,583
boating space with with that first
305
00:10:45,583 --> 00:10:47,125
project and others
306
00:10:47,125 --> 00:10:48,958
following following that project.
307
00:10:49,583 --> 00:10:50,916
And we started working on that and we
308
00:10:50,916 --> 00:10:51,958
became very passionate.
309
00:10:51,958 --> 00:10:54,875
Me and Patrick and we said, this is
310
00:10:54,875 --> 00:10:55,916
pretty, pretty awesome.
311
00:10:56,291 --> 00:10:58,666
But people, the technology was not there.
312
00:10:58,958 --> 00:11:00,541
The price of parts were very expensive.
313
00:11:00,958 --> 00:11:03,500
So we were building smaller golf cart
314
00:11:03,500 --> 00:11:04,666
type of boat with the
315
00:11:04,666 --> 00:11:06,291
trolling motor that everyone knows.
316
00:11:07,208 --> 00:11:09,541
They're very fishing boats as a small 48
317
00:11:09,541 --> 00:11:10,291
rolling motor that
318
00:11:10,291 --> 00:11:11,333
the six miles per hour.
319
00:11:11,583 --> 00:11:12,708
So we're building small
320
00:11:12,708 --> 00:11:14,208
gondolas and selling them.
321
00:11:14,708 --> 00:11:18,916
And in 2014, I started doing boat shows
322
00:11:18,916 --> 00:11:21,375
and I ended up in
323
00:11:21,375 --> 00:11:22,375
Newport Beach, California.
324
00:11:23,000 --> 00:11:25,208
And we flew in.
325
00:11:25,208 --> 00:11:26,750
We shipped two boats for the first boat
326
00:11:26,750 --> 00:11:28,750
show in California and Newport Beach.
327
00:11:29,291 --> 00:11:33,291
And I landed at the airport, walked by
328
00:11:33,291 --> 00:11:34,791
the restaurant at night to have a
329
00:11:34,791 --> 00:11:35,916
cocktail and a meal.
330
00:11:36,333 --> 00:11:37,250
And I started seeing
331
00:11:37,250 --> 00:11:39,666
electric boats couldn't eat.
332
00:11:40,333 --> 00:11:42,708
I've seen at least that night 100, 150
333
00:11:42,708 --> 00:11:45,250
boats driving around in Newport Beach.
334
00:11:45,791 --> 00:11:47,250
And I've learned the next morning because
335
00:11:47,250 --> 00:11:48,416
we had received our boat
336
00:11:48,416 --> 00:11:50,291
the morning the next morning.
337
00:11:50,291 --> 00:11:51,583
And we had to launch the boat to bring
338
00:11:51,583 --> 00:11:52,916
them to the boat show because the boat,
339
00:11:52,916 --> 00:11:53,583
the boat was on the
340
00:11:53,583 --> 00:11:54,375
water in Newport Beach.
341
00:11:54,375 --> 00:11:54,875
Of course.
342
00:11:55,333 --> 00:11:57,458
And I've discovered that there were 8000
343
00:11:57,458 --> 00:11:58,875
electric boats in the
344
00:11:58,875 --> 00:12:00,333
Newport Beach Harbor back then.
345
00:12:00,625 --> 00:12:01,125
In 2014?
346
00:12:02,250 --> 00:12:05,375
Yeah, he's Duffy, the mayor and the
347
00:12:05,375 --> 00:12:08,291
founder of the Duffy boats was he opened
348
00:12:08,291 --> 00:12:10,791
that thing in 1967 or 60.
349
00:12:11,500 --> 00:12:14,041
So this guy was a genius back then.
350
00:12:14,041 --> 00:12:16,666
He took golf cart motor with Trojan
351
00:12:16,666 --> 00:12:17,791
batteries and he started
352
00:12:17,791 --> 00:12:18,916
building and selling boats.
353
00:12:19,208 --> 00:12:21,750
And everyone or everyone around Newport
354
00:12:21,750 --> 00:12:23,000
Beach and Huntington Beach
355
00:12:23,000 --> 00:12:24,541
were the beach boys were.
356
00:12:24,541 --> 00:12:25,833
And Duffy looked like a beach boy.
357
00:12:26,333 --> 00:12:27,125
And he started.
358
00:12:27,500 --> 00:12:30,083
He built over 14,000 of them and he
359
00:12:30,083 --> 00:12:32,250
changed the rules and regulation in the
360
00:12:32,250 --> 00:12:33,250
harbors in California.
361
00:12:33,833 --> 00:12:35,333
So you're limited at six miles per hour.
362
00:12:35,875 --> 00:12:38,166
So we are in 2015 me and Patrick were
363
00:12:38,166 --> 00:12:39,625
freaking out because we don't know what
364
00:12:39,625 --> 00:12:41,708
how to sell those boats from Montreal.
365
00:12:42,416 --> 00:12:44,333
And we were building 25, 30 boats a year
366
00:12:44,333 --> 00:12:47,125
shipping them in Italy, UK and one year
367
00:12:47,125 --> 00:12:48,541
and sending them on eBay.
368
00:12:48,833 --> 00:12:51,375
And when we came here, wow, this is the
369
00:12:51,375 --> 00:12:52,083
place we want to be.
370
00:12:52,708 --> 00:12:54,083
And Patrick told me it's not happening.
371
00:12:54,125 --> 00:12:56,208
We're too poor to live in California.
372
00:12:56,458 --> 00:12:58,541
We're too poor to it's impossible to find
373
00:12:58,541 --> 00:13:01,291
a lease, find a place, become successful.
374
00:13:01,625 --> 00:13:02,083
You're dreaming.
375
00:13:03,166 --> 00:13:04,208
Yeah, the worst thing in life
376
00:13:04,208 --> 00:13:05,916
with me, you say you cannot.
377
00:13:06,291 --> 00:13:07,083
Don't ever do it.
378
00:13:07,083 --> 00:13:07,875
You can't.
379
00:13:07,875 --> 00:13:09,416
Yeah, it's it's fuel.
380
00:13:10,041 --> 00:13:14,416
So in 17 with so that the boat show left
381
00:13:14,416 --> 00:13:16,416
it and I saw myself living here and
382
00:13:16,416 --> 00:13:18,958
having him Newport Beach as we speak
383
00:13:18,958 --> 00:13:22,125
today and right over 85 over 85,000
384
00:13:22,125 --> 00:13:24,083
rentals from that location.
385
00:13:24,291 --> 00:13:25,791
That I did my first boat show.
386
00:13:25,791 --> 00:13:27,333
So the location where I am, it's the
387
00:13:27,333 --> 00:13:29,458
location that the boat show is being host
388
00:13:29,458 --> 00:13:30,666
the day that I came.
389
00:13:31,500 --> 00:13:34,166
So I fight my way through because if he
390
00:13:34,166 --> 00:13:36,625
was the mayor, so permit city permits and
391
00:13:36,625 --> 00:13:38,416
he's the manufacturer and the biggest
392
00:13:38,416 --> 00:13:39,541
electric boat builder as we
393
00:13:39,541 --> 00:13:40,708
speak again today in the world.
394
00:13:41,458 --> 00:13:42,833
So it was challenging.
395
00:13:43,500 --> 00:13:45,333
So he didn't eat like somebody up and
396
00:13:45,333 --> 00:13:47,500
coming, you know, having something like a
397
00:13:47,500 --> 00:13:49,541
competitor essentially coming in.
398
00:13:49,833 --> 00:13:52,375
It makes it a little difficult to to like
399
00:13:52,375 --> 00:13:53,958
kind of get get headway, right?
400
00:13:55,208 --> 00:13:57,125
It was nasty, but oh, really?
401
00:13:57,375 --> 00:13:58,500
I told you earlier.
402
00:13:59,041 --> 00:14:01,333
I like I like I like when people say no.
403
00:14:01,916 --> 00:14:03,416
Yeah, this is fuel.
404
00:14:03,916 --> 00:14:04,500
So love it.
405
00:14:04,916 --> 00:14:07,458
We've built we scaled up production
406
00:14:07,458 --> 00:14:10,416
starting to use the rental operation as a
407
00:14:10,416 --> 00:14:11,500
showroom on the water.
408
00:14:11,500 --> 00:14:14,375
We started with a personal lease with a
409
00:14:14,375 --> 00:14:16,416
million dollars in guaranteed in 2016
410
00:14:16,416 --> 00:14:18,416
where Duffy wanted it to be.
411
00:14:18,458 --> 00:14:20,833
So we took the spot, the new spot that
412
00:14:20,833 --> 00:14:21,708
was becoming very
413
00:14:21,708 --> 00:14:22,666
popular in Newport Beach.
414
00:14:22,666 --> 00:14:23,708
It's called the Little Village Marina
415
00:14:23,708 --> 00:14:26,916
took that space, uh, sign up personally
416
00:14:26,916 --> 00:14:28,166
for a million dollar lease.
417
00:14:28,375 --> 00:14:30,375
Patrick was building boats in Montreal
418
00:14:30,375 --> 00:14:32,583
shipping them to me and I started renting
419
00:14:32,583 --> 00:14:35,125
and operating that place in 2017.
420
00:14:36,125 --> 00:14:39,291
10 boats and we grew up up to 30 boats in
421
00:14:39,291 --> 00:14:41,458
that location, but it was stuff.
422
00:14:41,625 --> 00:14:42,708
There's one boat ramp.
423
00:14:43,000 --> 00:14:43,875
It's a city boat ramp.
424
00:14:44,291 --> 00:14:45,375
So you need the city approval.
425
00:14:45,708 --> 00:14:46,625
You need to be a citizen.
426
00:14:46,916 --> 00:14:47,625
And I was Canadian.
427
00:14:48,000 --> 00:14:49,041
I was a foreign.
428
00:14:49,041 --> 00:14:50,916
It was challenging.
429
00:14:51,500 --> 00:14:52,041
It was challenging.
430
00:14:52,541 --> 00:14:55,000
Yeah, I can imagine while we were
431
00:14:55,000 --> 00:14:56,416
successful doing that.
432
00:14:56,666 --> 00:14:58,250
We were also working on the development
433
00:14:58,250 --> 00:15:00,250
of the technology that became the emotion
434
00:15:00,250 --> 00:15:01,708
because now we were successful.
435
00:15:01,916 --> 00:15:03,166
We were small building smaller boats,
436
00:15:03,583 --> 00:15:04,458
putting them in rentals,
437
00:15:04,791 --> 00:15:05,958
exposing them on the water.
438
00:15:05,958 --> 00:15:07,333
People could rent them, test them.
439
00:15:07,333 --> 00:15:08,500
And if they loved it, they can write a
440
00:15:08,500 --> 00:15:09,666
check and leave with them.
441
00:15:10,083 --> 00:15:11,916
So it was like a rent.
442
00:15:11,916 --> 00:15:13,125
They could they could try it out.
443
00:15:13,583 --> 00:15:14,333
Get on the boat that you
444
00:15:14,333 --> 00:15:15,500
have the new technology.
445
00:15:15,708 --> 00:15:16,416
You're like, okay, let's
446
00:15:16,416 --> 00:15:17,291
just give this for a spin.
447
00:15:17,333 --> 00:15:19,333
We'll come on the boat with you to show
448
00:15:19,333 --> 00:15:20,375
you all the ins and outs.
449
00:15:20,875 --> 00:15:21,833
And then you're like, oh, I really like
450
00:15:21,833 --> 00:15:23,250
they basically fall in love with it.
451
00:15:23,875 --> 00:15:25,416
And then and then you just
452
00:15:25,416 --> 00:15:26,291
be like, all right, cool.
453
00:15:26,333 --> 00:15:26,833
Do you want it?
454
00:15:27,250 --> 00:15:27,750
You could buy it.
455
00:15:27,750 --> 00:15:29,000
So like they're renting it, but they're
456
00:15:29,000 --> 00:15:30,041
kind of in the back of their head.
457
00:15:30,041 --> 00:15:30,541
They're looking at
458
00:15:30,541 --> 00:15:31,666
purchasing a boat as well.
459
00:15:32,125 --> 00:15:34,166
And I'm still using that same technique
460
00:15:34,166 --> 00:15:35,208
today because I'm sold out.
461
00:15:35,500 --> 00:15:37,333
So today, Andrew, his wife once is
462
00:15:37,333 --> 00:15:38,250
calling one of my salesman.
463
00:15:38,458 --> 00:15:39,250
I want to buy one of those.
464
00:15:40,125 --> 00:15:41,000
Can I come to your dealership?
465
00:15:41,000 --> 00:15:42,125
We're sold out as we speak.
466
00:15:42,416 --> 00:15:43,625
So I'll make you and your
467
00:15:43,625 --> 00:15:45,000
family fly to Newport Beach.
468
00:15:45,000 --> 00:15:45,666
Now we have different
469
00:15:45,666 --> 00:15:47,208
locations in Florida as well.
470
00:15:47,500 --> 00:15:49,125
So I would make you fly in.
471
00:15:49,250 --> 00:15:50,083
You'll test the boat.
472
00:15:50,083 --> 00:15:50,583
It's free.
473
00:15:50,583 --> 00:15:52,000
It's on the house for the next two hours.
474
00:15:52,708 --> 00:15:54,000
And if you're buying the boat, we'll pay
475
00:15:54,000 --> 00:15:55,500
the travel because you've moved with your
476
00:15:55,500 --> 00:15:55,833
family.
477
00:15:55,833 --> 00:15:57,541
So it's been a very nice travel
478
00:15:57,541 --> 00:15:59,458
experience and you're
479
00:15:59,458 --> 00:16:00,416
going to be driving that thing.
480
00:16:00,416 --> 00:16:02,500
And you're going to be seeing about seven
481
00:16:02,500 --> 00:16:03,916
or eight thousand electric boats around.
482
00:16:04,500 --> 00:16:06,125
So it's the standard.
483
00:16:06,416 --> 00:16:08,208
This is where because California is
484
00:16:08,208 --> 00:16:10,375
between 10 to 15 years ahead of everyone.
485
00:16:10,666 --> 00:16:11,291
If you should see how
486
00:16:11,291 --> 00:16:12,250
many electric cars around.
487
00:16:12,791 --> 00:16:13,958
So you're not crazy.
488
00:16:13,958 --> 00:16:15,541
If you live upstate New York that you
489
00:16:15,541 --> 00:16:16,208
want to buy an electric
490
00:16:16,208 --> 00:16:16,833
boat and you want that
491
00:16:16,833 --> 00:16:18,791
thing to be delivered to you because you
492
00:16:18,791 --> 00:16:20,541
see where the market is
493
00:16:20,541 --> 00:16:21,750
going and all things are.
494
00:16:21,750 --> 00:16:22,000
This is the future.
495
00:16:22,916 --> 00:16:23,208
Correct.
496
00:16:23,541 --> 00:16:26,041
So I'm still using that same technique
497
00:16:26,041 --> 00:16:28,708
that I start using back then.
498
00:16:28,916 --> 00:16:30,166
Having a small rental
499
00:16:30,166 --> 00:16:32,625
operation and using it as a showroom.
500
00:16:32,625 --> 00:16:34,041
And I was scaling production and the
501
00:16:34,041 --> 00:16:35,250
cash, the money that
502
00:16:35,250 --> 00:16:36,333
Patrick and I were making
503
00:16:36,500 --> 00:16:38,416
were reinvested in developing the high
504
00:16:38,416 --> 00:16:39,375
power technology with
505
00:16:39,375 --> 00:16:40,666
the Bruce 22 electric.
506
00:16:41,250 --> 00:16:46,291
And two years after stop stopping, stop
507
00:16:46,291 --> 00:16:48,541
stopping to race on the with the big
508
00:16:48,666 --> 00:16:49,500
outer limit boat.
509
00:16:49,750 --> 00:16:54,333
So in 2015, if I'm right or 16, we
510
00:16:54,333 --> 00:16:55,708
brought three electric
511
00:16:55,708 --> 00:16:59,333
Bruce to be the official pace
512
00:16:59,333 --> 00:17:01,250
boat for those gas race boats.
513
00:17:01,250 --> 00:17:03,500
So when you're racing, you've got a line
514
00:17:03,500 --> 00:17:07,375
of 15 big powerful boats and you got a
515
00:17:07,416 --> 00:17:07,791
A
516
00:17:09,166 --> 00:17:11,666
pays boat that leaves with the flag and
517
00:17:11,666 --> 00:17:12,541
then it gets away and
518
00:17:12,541 --> 00:17:15,625
and you need a pretty fast
519
00:17:16,458 --> 00:17:18,041
boat to be the pace.
520
00:17:18,041 --> 00:17:19,791
Yeah, you're going to need and people
521
00:17:19,791 --> 00:17:22,541
were looking at us because you got
522
00:17:22,541 --> 00:17:24,041
thousands of people looking
523
00:17:24,041 --> 00:17:24,708
at those races.
524
00:17:24,916 --> 00:17:26,750
So they were looking at us like you but
525
00:17:26,750 --> 00:17:27,750
the attention we got
526
00:17:27,750 --> 00:17:29,583
back then and I felt I felt
527
00:17:29,583 --> 00:17:30,166
the energy system.
528
00:17:30,500 --> 00:17:32,208
If they're looking at us and I get more
529
00:17:32,208 --> 00:17:33,750
attention on my 22
530
00:17:33,750 --> 00:17:36,333
foot criss craft replica,
531
00:17:36,916 --> 00:17:38,375
it means that I'm not crazy.
532
00:17:38,875 --> 00:17:40,791
Those guys on million dollars boat and
533
00:17:40,791 --> 00:17:42,291
they know that there's
534
00:17:42,291 --> 00:17:43,625
an I seen the interest.
535
00:17:44,291 --> 00:17:45,916
So from that it was the
536
00:17:45,916 --> 00:17:48,333
push and never raised boats.
537
00:17:48,541 --> 00:17:50,333
I got a lot of friends, throw a
538
00:17:50,333 --> 00:17:51,083
professional world
539
00:17:51,083 --> 00:17:52,416
champion in the boating space.
540
00:17:52,416 --> 00:17:53,416
I'm still friend with them.
541
00:17:53,416 --> 00:17:57,083
I've been racing electric boat now, but
542
00:17:57,083 --> 00:17:59,375
long story short, it's
543
00:17:59,375 --> 00:18:01,333
small boats brought us into
544
00:18:01,333 --> 00:18:02,416
the real space of having
545
00:18:02,416 --> 00:18:03,375
vision marine technology.
546
00:18:03,500 --> 00:18:05,666
So back then company was called Canadian
547
00:18:05,666 --> 00:18:08,500
electric boat from the
548
00:18:08,500 --> 00:18:10,708
operation in California in 2019.
549
00:18:11,500 --> 00:18:14,958
I've met some bankers 24th of December.
550
00:18:15,416 --> 00:18:17,041
They came and look at they heard about
551
00:18:17,041 --> 00:18:18,083
the company that we
552
00:18:18,083 --> 00:18:19,166
could probably scale up.
553
00:18:19,166 --> 00:18:20,750
And if I had the funding, I could
554
00:18:20,750 --> 00:18:21,666
probably develop the
555
00:18:21,666 --> 00:18:23,041
emotional board because
556
00:18:23,500 --> 00:18:25,666
you have spent millions of dollars from
557
00:18:25,666 --> 00:18:27,083
the profit we made over the past.
558
00:18:27,333 --> 00:18:29,958
We see from 17 to 2013 to
559
00:18:29,958 --> 00:18:31,958
2018, 19 million Patrick.
560
00:18:31,958 --> 00:18:33,125
Everything was invested.
561
00:18:33,833 --> 00:18:35,291
But now we could add fuel
562
00:18:35,291 --> 00:18:38,291
to bring it to another level.
563
00:18:38,666 --> 00:18:40,750
And the space was getting very hot with
564
00:18:40,750 --> 00:18:42,083
NASDAQ and tech companies.
565
00:18:42,708 --> 00:18:43,750
So those two gentlemen met
566
00:18:43,750 --> 00:18:45,166
me on a Saturday morning.
567
00:18:45,416 --> 00:18:47,375
I think it was December 24th.
568
00:18:47,375 --> 00:18:48,166
Long story short,
569
00:18:48,166 --> 00:18:49,125
they love what they saw.
570
00:18:49,375 --> 00:18:50,500
They were, they never drove any boat.
571
00:18:50,500 --> 00:18:51,458
So I put them on the rental
572
00:18:51,458 --> 00:18:52,750
operation on a small boat.
573
00:18:52,833 --> 00:18:55,625
They never drove a boat of their life and
574
00:18:55,625 --> 00:18:56,791
they were bankers from New York.
575
00:18:57,708 --> 00:18:58,375
They loved it.
576
00:18:58,375 --> 00:18:58,916
It's just wow.
577
00:18:59,166 --> 00:19:01,500
This and I tell imagine driving that
578
00:19:01,500 --> 00:19:02,791
thing at 40, 50 miles per
579
00:19:02,791 --> 00:19:04,125
hour in a space that you
580
00:19:04,125 --> 00:19:05,375
have the right to drive them around
581
00:19:05,375 --> 00:19:06,000
because in Newport
582
00:19:06,000 --> 00:19:06,958
Beach, you cannot go fast.
583
00:19:07,125 --> 00:19:08,291
It's limited because stuff.
584
00:19:08,291 --> 00:19:08,500
Yeah.
585
00:19:08,750 --> 00:19:10,625
I put restriction a bit like everywhere
586
00:19:10,625 --> 00:19:11,625
in Florida, as we speak
587
00:19:11,625 --> 00:19:13,125
today, most of the waterways.
588
00:19:13,125 --> 00:19:13,333
Yeah.
589
00:19:13,875 --> 00:19:15,875
Ocean wise, you're good, but but in their
590
00:19:15,875 --> 00:19:17,041
coastal, it's you got to
591
00:19:17,041 --> 00:19:17,875
watch your speed, right?
592
00:19:18,708 --> 00:19:18,916
Correct.
593
00:19:19,416 --> 00:19:22,791
So certain sign a term sheet and we went
594
00:19:22,791 --> 00:19:24,458
public in 2020 and
595
00:19:24,458 --> 00:19:25,916
November did the IPO myself
596
00:19:26,833 --> 00:19:29,875
with my assistant straight IPO and from
597
00:19:29,875 --> 00:19:31,958
there we never stopped.
598
00:19:32,416 --> 00:19:33,500
And this is where we started out
599
00:19:33,500 --> 00:19:36,541
developing great relationship with both
600
00:19:36,541 --> 00:19:38,250
manufacturers taking their
601
00:19:38,250 --> 00:19:41,333
boats, removing the fuel tank, putting
602
00:19:41,333 --> 00:19:42,958
the batteries developed to
603
00:19:42,958 --> 00:19:44,958
replace or mimic the size
604
00:19:44,958 --> 00:19:47,125
of a fuel tank, develop the great
605
00:19:47,125 --> 00:19:48,458
relationship with McLaren
606
00:19:48,458 --> 00:19:50,250
engineering, because we've been
607
00:19:50,250 --> 00:19:52,500
testing our system for since 2015.
608
00:19:53,250 --> 00:19:53,458
Yeah.
609
00:19:53,708 --> 00:19:55,041
I need someone that will validate that.
610
00:19:55,083 --> 00:19:57,916
So we did the McLaren engineering dino
611
00:19:57,916 --> 00:20:00,333
testing about for 24 months, they
612
00:20:00,333 --> 00:20:02,833
validate the power at the
613
00:20:02,833 --> 00:20:05,500
propeller. If it was not overheating and
614
00:20:05,500 --> 00:20:06,708
they were swapping engine
615
00:20:06,708 --> 00:20:09,500
every 30 days and learning
616
00:20:09,500 --> 00:20:11,875
how to do the commercialization and doing
617
00:20:11,875 --> 00:20:13,625
the mass assembly with Lenimar, the
618
00:20:13,625 --> 00:20:14,583
motherhead companies,
619
00:20:15,333 --> 00:20:16,625
the building market cap company.
620
00:20:16,916 --> 00:20:18,708
So we think it's for
621
00:20:18,708 --> 00:20:19,958
making me even more than that.
622
00:20:20,666 --> 00:20:24,666
Um, build the team to improve and
623
00:20:24,666 --> 00:20:26,500
increase the volume of
624
00:20:26,500 --> 00:20:30,125
production and get also the system
625
00:20:30,125 --> 00:20:31,375
protected with patent.
626
00:20:32,541 --> 00:20:34,250
So these are all they were all new things
627
00:20:34,250 --> 00:20:35,500
that we've put in
628
00:20:35,500 --> 00:20:39,250
place and slowly from one
629
00:20:39,250 --> 00:20:41,583
integration to a second to another one
630
00:20:41,583 --> 00:20:42,541
doing boat shows with
631
00:20:42,541 --> 00:20:44,166
manufacturers because back then
632
00:20:44,166 --> 00:20:45,958
we couldn't have the right to sell boats.
633
00:20:45,958 --> 00:20:47,625
We were taking a boat from a
634
00:20:47,625 --> 00:20:48,666
Winnebago that owns Barletta.
635
00:20:49,333 --> 00:20:52,208
So we get a boat for free.
636
00:20:52,458 --> 00:20:53,708
We put the system on.
637
00:20:53,708 --> 00:20:55,208
We do the testing together with their
638
00:20:55,208 --> 00:20:56,500
engineering teams, the CG.
639
00:20:57,208 --> 00:20:58,333
It can still be certified
640
00:20:58,333 --> 00:20:59,541
with the US Coast Guard.
641
00:21:00,041 --> 00:21:00,166
Okay.
642
00:21:00,166 --> 00:21:01,333
Let's now let's go.
643
00:21:01,333 --> 00:21:02,625
You're going to go out there at our
644
00:21:02,625 --> 00:21:03,916
dealer meeting and you're going to
645
00:21:03,916 --> 00:21:05,166
present in front of 400 dealers.
646
00:21:05,625 --> 00:21:07,166
And if you're getting 10
647
00:21:07,166 --> 00:21:08,625
thumbs up, we're going to move for.
648
00:21:09,000 --> 00:21:10,583
And then if we get a hundred thumbs up,
649
00:21:10,583 --> 00:21:11,125
what are we going to do?
650
00:21:11,375 --> 00:21:12,041
And you get a hundred
651
00:21:12,041 --> 00:21:13,208
thumbs up because the deuces.
652
00:21:13,208 --> 00:21:14,333
Wow, it's good.
653
00:21:14,666 --> 00:21:16,291
But this is 2021, 22,
654
00:21:16,291 --> 00:21:18,291
23 and things are moving.
655
00:21:18,375 --> 00:21:20,500
And we cannot actually do
656
00:21:20,500 --> 00:21:23,208
integration as fast as we can.
657
00:21:23,208 --> 00:21:24,250
There's it's too heavy.
658
00:21:24,500 --> 00:21:25,333
So we said we're going
659
00:21:25,333 --> 00:21:26,291
to choose the right one.
660
00:21:26,291 --> 00:21:28,583
So we choose most of the manufacturers we
661
00:21:28,583 --> 00:21:32,333
choose were NASDAQ listed companies or
662
00:21:32,333 --> 00:21:33,791
big boat manufacturers.
663
00:21:34,125 --> 00:21:36,208
Yeah, it was, it was probably a mistake
664
00:21:36,208 --> 00:21:38,083
as, as I see it today, it
665
00:21:38,083 --> 00:21:39,291
was giving a lot of credibility
666
00:21:39,416 --> 00:21:40,041
to the product.
667
00:21:40,458 --> 00:21:42,916
But when the market slows down, those big
668
00:21:42,916 --> 00:21:44,208
guys are putting the
669
00:21:44,208 --> 00:21:46,000
handbrake and it did happen in 24.
670
00:21:46,916 --> 00:21:51,208
So EV space market too much boat produce
671
00:21:51,208 --> 00:21:52,541
after COVID because
672
00:21:52,541 --> 00:21:54,458
during COVID it was insane.
673
00:21:54,750 --> 00:21:55,833
But in the small carbon glass
674
00:21:55,833 --> 00:21:56,875
boat, you couldn't get them.
675
00:21:58,208 --> 00:22:00,000
And this is where the market start.
676
00:22:00,250 --> 00:22:02,333
The EV space start cooling down for us.
677
00:22:02,583 --> 00:22:04,291
So end of 2024.
678
00:22:05,125 --> 00:22:08,750
So 2025 was challenging, but I'm
679
00:22:08,750 --> 00:22:10,708
forgetting a big part of the story.
680
00:22:11,250 --> 00:22:14,250
In 2016, after the
681
00:22:14,250 --> 00:22:15,958
Fort Lauderdale boat show,
682
00:22:17,875 --> 00:22:20,166
as it was September, I said, I need to
683
00:22:20,166 --> 00:22:21,083
expose boats in Florida.
684
00:22:21,375 --> 00:22:24,041
It's about 25 hours of driving.
685
00:22:24,041 --> 00:22:24,958
It's closer to California.
686
00:22:25,500 --> 00:22:26,875
So I started advertising and putting
687
00:22:26,875 --> 00:22:28,375
boats in malls close to
688
00:22:28,375 --> 00:22:29,625
the Christmas tree during
689
00:22:30,375 --> 00:22:32,333
Christmas time and putting them in
690
00:22:32,333 --> 00:22:34,833
fountains in malls, Galleria
691
00:22:34,833 --> 00:22:36,000
malls and places like that in
692
00:22:36,041 --> 00:22:37,333
Florida and putting one
693
00:22:37,333 --> 00:22:38,166
in the water in the canal.
694
00:22:38,416 --> 00:22:39,583
So people could go in to
695
00:22:39,583 --> 00:22:40,958
do the Christmas shopping.
696
00:22:40,958 --> 00:22:41,750
They see the boat at the mall.
697
00:22:42,250 --> 00:22:44,416
They want to, they want to see trial it
698
00:22:44,416 --> 00:22:46,375
putting them on a, on a
699
00:22:46,375 --> 00:22:47,541
golf cart, bringing them right
700
00:22:47,541 --> 00:22:49,625
away on the water and full experience.
701
00:22:49,791 --> 00:22:52,000
And I met a gentleman, correct.
702
00:22:53,041 --> 00:22:56,083
And people, 99.9% of the boats we sell
703
00:22:56,083 --> 00:22:57,416
electric, they don't get financed.
704
00:22:57,750 --> 00:23:00,083
The consumer of an electric boat or an
705
00:23:00,083 --> 00:23:01,750
electric car is a different
706
00:23:01,750 --> 00:23:03,125
buyer than your regular gas
707
00:23:03,125 --> 00:23:04,916
car or interesting.
708
00:23:05,791 --> 00:23:07,458
Yes. It's interesting.
709
00:23:08,833 --> 00:23:11,500
And, uh, met a man called Roger Moore.
710
00:23:11,958 --> 00:23:14,375
Uh, his nickname is, uh, double seven.
711
00:23:15,000 --> 00:23:16,458
And he had a huge dealership
712
00:23:16,458 --> 00:23:17,500
group that it was building.
713
00:23:17,500 --> 00:23:18,708
It was called nautical venture.
714
00:23:18,750 --> 00:23:20,750
They were all orange dealerships and they
715
00:23:20,750 --> 00:23:21,708
were all wearing shirts,
716
00:23:22,250 --> 00:23:23,166
became friends with him.
717
00:23:23,625 --> 00:23:25,500
And I love what he said the story.
718
00:23:25,500 --> 00:23:27,791
He owns both dealership and we became
719
00:23:27,791 --> 00:23:29,125
friends and he became a mentor.
720
00:23:29,166 --> 00:23:33,750
So he was the one along the past 10 years
721
00:23:33,750 --> 00:23:35,166
presenting me to
722
00:23:35,166 --> 00:23:38,250
Benito CEO Starcraft, uh,
723
00:23:38,708 --> 00:23:39,291
actual part.
724
00:23:39,291 --> 00:23:41,041
So he had those connections because he
725
00:23:41,041 --> 00:23:42,750
was one of the best dealerships in the U
726
00:23:42,750 --> 00:23:43,791
S selling their product.
727
00:23:44,250 --> 00:23:46,708
So it was, it was easy for him to present
728
00:23:46,708 --> 00:23:48,791
Alex as the new guy
729
00:23:48,791 --> 00:23:50,625
with the tech and the,
730
00:23:50,625 --> 00:23:52,625
the, the, the electric outboards to be
731
00:23:52,625 --> 00:23:53,500
installed in a Benito
732
00:23:53,500 --> 00:23:55,000
boat into a Starcraft boat.
733
00:23:55,000 --> 00:23:57,625
So when I was arriving with Roger, the
734
00:23:57,625 --> 00:24:00,666
relationship with manufacturers were, and
735
00:24:00,666 --> 00:24:01,875
Roger was very successful
736
00:24:01,875 --> 00:24:05,375
building a number one dealer in 2024 over
737
00:24:05,375 --> 00:24:07,166
the U S top 100 dealers in
738
00:24:07,166 --> 00:24:08,708
the U S building nautical
739
00:24:08,750 --> 00:24:13,125
venture, but Roger was, uh, selling big
740
00:24:13,125 --> 00:24:15,083
brands and, uh, he was
741
00:24:15,083 --> 00:24:17,416
stuck after COVID because during
742
00:24:17,416 --> 00:24:18,625
COVID, he was running out of boats,
743
00:24:18,875 --> 00:24:19,875
started ordering more
744
00:24:19,875 --> 00:24:21,125
boats, more boats, more boats.
745
00:24:21,708 --> 00:24:22,833
And then COVID crashed.
746
00:24:23,625 --> 00:24:25,625
Yes. Yeah. Everything stopped selling.
747
00:24:26,666 --> 00:24:28,625
He had about a hundred million dollars
748
00:24:28,625 --> 00:24:32,375
worth of boat in 13 of his dealership,
749
00:24:33,000 --> 00:24:34,041
uh, all across Florida
750
00:24:34,583 --> 00:24:36,000
and couldn't actually,
751
00:24:36,000 --> 00:24:37,916
uh, survive like that.
752
00:24:37,916 --> 00:24:40,541
He needed plan B. So he was looking at
753
00:24:40,541 --> 00:24:42,375
for an equity for company to come and
754
00:24:42,375 --> 00:24:44,041
rescue him or buy him out.
755
00:24:44,583 --> 00:24:46,875
But it came with a lot of, uh, challenges
756
00:24:46,875 --> 00:24:49,458
because he owes those boats to the bank.
757
00:24:49,958 --> 00:24:52,166
So, but for me, I was seeing it in a
758
00:24:52,166 --> 00:24:54,250
different way that I would use those
759
00:24:54,250 --> 00:24:56,166
dealerships for distribution,
760
00:24:56,416 --> 00:25:00,750
uh, marketing and actually, uh, recon for
761
00:25:00,750 --> 00:25:01,500
the market. You want
762
00:25:01,500 --> 00:25:02,458
to buy an electric boat,
763
00:25:02,458 --> 00:25:03,750
come in one of our dealerships, and I
764
00:25:03,750 --> 00:25:04,416
could use the legacy
765
00:25:04,416 --> 00:25:07,041
business to still keep selling gas
766
00:25:07,041 --> 00:25:09,916
boat. So, uh, we did a, about eight
767
00:25:09,916 --> 00:25:13,250
months due deal on the acquisition, uh,
768
00:25:13,250 --> 00:25:14,375
sign up the deal and
769
00:25:14,458 --> 00:25:17,375
finally closed the deal in June 20th,
770
00:25:17,375 --> 00:25:20,500
2025. So about a year ago
771
00:25:20,500 --> 00:25:22,500
from now, with a lot of debt,
772
00:25:22,500 --> 00:25:25,000
a lot of debt, a lot of boat. And we
773
00:25:25,000 --> 00:25:29,166
cleaned the house. We sold a 94, 90 over
774
00:25:29,166 --> 00:25:30,250
90% of the inventory
775
00:25:30,250 --> 00:25:32,583
on real reduce almost all debt to close
776
00:25:32,583 --> 00:25:34,208
to $5 million. So from
777
00:25:34,208 --> 00:25:35,458
what they had in floor plan,
778
00:25:35,458 --> 00:25:38,958
now it's, yeah, but we were able to push
779
00:25:38,958 --> 00:25:40,916
the same time. The inventory
780
00:25:40,916 --> 00:25:42,166
we had built in Montreal on
781
00:25:42,208 --> 00:25:44,875
the EV boats sold out, sold everything in
782
00:25:44,875 --> 00:25:46,541
during that period and built
783
00:25:46,541 --> 00:25:48,708
a book of orders because now
784
00:25:48,708 --> 00:25:51,333
people have a place to go to talk to
785
00:25:51,333 --> 00:25:54,375
discuss. And we have a lot of footprint
786
00:25:54,375 --> 00:25:56,250
in boat shows and the
787
00:25:56,833 --> 00:25:58,791
presence of nautical ventures in this
788
00:25:58,791 --> 00:26:00,166
space is very well
789
00:26:00,166 --> 00:26:01,958
respected in its big Roger built
790
00:26:01,958 --> 00:26:04,375
something very strong. Uh, he built a
791
00:26:04,375 --> 00:26:06,416
very nice empire, uh, but he
792
00:26:06,416 --> 00:26:08,166
got stuck by the market. It's
793
00:26:08,291 --> 00:26:10,208
not because of bad decisions. It was
794
00:26:10,208 --> 00:26:12,291
just, yeah, it was just the way I mean,
795
00:26:12,291 --> 00:26:13,916
COVID screwed a lot of people over in
796
00:26:13,916 --> 00:26:15,916
terms of what happened. Businesses going
797
00:26:15,916 --> 00:26:17,875
up and down and yeah, I can see that.
798
00:26:19,000 --> 00:26:21,166
95% of the dealer in the US were in the
799
00:26:21,166 --> 00:26:23,333
same position as Roger were, but they
800
00:26:23,333 --> 00:26:25,625
were not as proactive as we were during
801
00:26:25,625 --> 00:26:28,166
the past 12 months of, uh, the stocking,
802
00:26:28,375 --> 00:26:29,500
the inventory, some of them
803
00:26:29,500 --> 00:26:31,291
were very stiff on pricing.
804
00:26:31,958 --> 00:26:34,750
Yeah, it was time more change. We reduced
805
00:26:34,750 --> 00:26:37,458
the inventory, reduced the operation. And
806
00:26:37,458 --> 00:26:39,208
instead of having in one country four
807
00:26:39,208 --> 00:26:41,541
dealerships, we ended up having one and
808
00:26:41,541 --> 00:26:43,833
we are actually improving services and
809
00:26:43,833 --> 00:26:45,875
parts and having different types of
810
00:26:45,875 --> 00:26:48,041
revenue with the EV space adding on top
811
00:26:48,041 --> 00:26:49,750
of that. So we ended up
812
00:26:50,416 --> 00:26:52,500
having our own distribution. So if you do
813
00:26:52,500 --> 00:26:54,583
a quick recap, so we do build boats in
814
00:26:54,583 --> 00:26:56,333
Montreal, we built also outboards.
815
00:26:57,000 --> 00:26:59,000
Yeah, we have the dealerships that sells
816
00:26:59,000 --> 00:27:01,875
gas boats, but also electric boats and we
817
00:27:01,875 --> 00:27:04,166
do maintenance for any electric boats,
818
00:27:04,166 --> 00:27:06,166
but also, and no one does that in the US.
819
00:27:06,166 --> 00:27:07,375
No one has the knowledge to do high
820
00:27:07,375 --> 00:27:08,625
voltage because we've
821
00:27:08,625 --> 00:27:10,125
created a system with my team.
822
00:27:10,583 --> 00:27:12,750
Yeah, with an architecture of 800 volts.
823
00:27:13,166 --> 00:27:14,291
So you cannot find a guy that
824
00:27:14,291 --> 00:27:15,333
will fix your electric boat.
825
00:27:16,208 --> 00:27:19,208
Right. And but the guys in Europe were 10
826
00:27:19,208 --> 00:27:20,708
years ahead of us are building those
827
00:27:20,708 --> 00:27:22,041
system and they don't have anyone in the
828
00:27:22,041 --> 00:27:24,500
US. So we came a very
829
00:27:24,500 --> 00:27:25,791
knowledgeable source for them.
830
00:27:26,250 --> 00:27:28,583
Yes. Yeah. Yeah. I'm talking a lot here.
831
00:27:28,583 --> 00:27:30,500
So I'm going to let you know, it's it's
832
00:27:30,500 --> 00:27:32,708
it's perfect. It's perfect. Because like
833
00:27:32,708 --> 00:27:34,375
I kind of want to get into that
834
00:27:34,375 --> 00:27:36,958
technology in terms of because, you know,
835
00:27:37,208 --> 00:27:38,416
you kind of mentioned earlier
836
00:27:39,083 --> 00:27:40,958
that, you know, the gas market, the
837
00:27:40,958 --> 00:27:42,916
market for gas boats, gas powered boats
838
00:27:42,916 --> 00:27:45,208
is kind of going down and the EV boats
839
00:27:45,208 --> 00:27:46,458
are coming up. You mentioned obviously
840
00:27:46,458 --> 00:27:48,541
Newport Beach, California, usually ahead
841
00:27:48,541 --> 00:27:51,083
of time in terms of this type of
842
00:27:51,083 --> 00:27:51,833
technology, like
843
00:27:51,833 --> 00:27:53,375
environmentally friendly technology.
844
00:27:53,708 --> 00:27:57,125
Can you just talk about let's start off
845
00:27:57,125 --> 00:27:59,875
with just the benefits of having an EV
846
00:27:59,875 --> 00:28:02,000
boat, you know, from a, from an
847
00:28:02,000 --> 00:28:04,083
environmental perspective and then a cost
848
00:28:04,083 --> 00:28:05,875
perspective as well for the boater
849
00:28:05,875 --> 00:28:07,708
because that always kind of comes in
850
00:28:07,708 --> 00:28:10,041
hand. Both you and I, we drive electric
851
00:28:10,041 --> 00:28:10,791
vehicles on the road.
852
00:28:10,833 --> 00:28:13,666
You obviously drive electric vehicles on
853
00:28:13,666 --> 00:28:15,083
the water to when you when you get the
854
00:28:15,083 --> 00:28:16,875
chance. We'll talk about some of the some
855
00:28:16,875 --> 00:28:19,291
of the accolades around that in a second.
856
00:28:19,291 --> 00:28:20,416
But can you just talk about like the
857
00:28:20,416 --> 00:28:22,625
environmental and the financial benefits
858
00:28:22,625 --> 00:28:24,000
of having an EV boat?
859
00:28:25,541 --> 00:28:27,750
The first thing that people notice, as I
860
00:28:27,750 --> 00:28:29,375
mentioned earlier, if you're coming to
861
00:28:29,375 --> 00:28:31,250
buy a gas pontoon, I will let you drive
862
00:28:31,250 --> 00:28:32,708
it and then I will make you drive the
863
00:28:32,708 --> 00:28:35,041
same boat with an electric engine. It's
864
00:28:35,041 --> 00:28:38,041
quiet as hell. And then as a captain
865
00:28:38,041 --> 00:28:40,791
perspective, the torque is insane.
866
00:28:41,000 --> 00:28:42,666
So it jumped on plane because that's the
867
00:28:42,666 --> 00:28:44,458
cool part on a boat. It's when it jumps
868
00:28:44,458 --> 00:28:46,041
on plane because if it drags, it takes
869
00:28:46,041 --> 00:28:47,541
forever. Then it jumps on plane very
870
00:28:47,541 --> 00:28:51,041
quickly. You don't feel the vibration of
871
00:28:51,041 --> 00:28:54,833
the engine. It's pretty smooth. And I can
872
00:28:54,833 --> 00:28:57,583
talk to my wife, my kids, my
873
00:28:57,583 --> 00:28:59,708
father-in-law at 20, 22 miles per hour
874
00:28:59,708 --> 00:29:02,833
and having a nice discussion because it's
875
00:29:02,833 --> 00:29:04,166
also social. If you're
876
00:29:04,166 --> 00:29:06,458
boating alone, it's not fast.
877
00:29:06,833 --> 00:29:11,583
So and then the so the noise first, then
878
00:29:11,583 --> 00:29:13,541
the torque, the experience, a bit like an
879
00:29:13,541 --> 00:29:16,125
electric car. But once you know that it's
880
00:29:16,125 --> 00:29:17,875
like having a Tesla, you don't see just
881
00:29:17,875 --> 00:29:19,500
racing every corner because people know
882
00:29:19,500 --> 00:29:20,500
the power they have. They don't have
883
00:29:20,500 --> 00:29:23,541
anything to prove. So on the boat, it
884
00:29:23,541 --> 00:29:25,708
jumps on plane. You like it. But most of
885
00:29:25,708 --> 00:29:27,833
the boat of the boat user do less than
886
00:29:27,833 --> 00:29:29,791
nine nautical miles every time that their
887
00:29:29,791 --> 00:29:31,916
boats out because we did a study before
888
00:29:31,916 --> 00:29:33,958
getting into the market. And that's the
889
00:29:33,958 --> 00:29:34,791
average coming from
890
00:29:34,791 --> 00:29:36,791
the boat club members.
891
00:29:36,833 --> 00:29:40,000
From a carefree boat club, people are
892
00:29:40,000 --> 00:29:41,708
doing nine nautical miles and most of
893
00:29:41,708 --> 00:29:43,333
that they're doing nothing at trolling
894
00:29:43,333 --> 00:29:45,291
and then they push it for four or five
895
00:29:45,291 --> 00:29:47,125
minutes, 25, 30 miles per hour.
896
00:29:47,125 --> 00:29:48,875
Just more enjoyable that way. Like for a
897
00:29:48,875 --> 00:29:50,208
lot of people who are on the boats, it's
898
00:29:50,208 --> 00:29:52,000
the point of being out on the water and
899
00:29:52,000 --> 00:29:54,958
stuff. Yeah. And then something also, it
900
00:29:54,958 --> 00:29:56,500
doesn't smell. I'm going to tell you why,
901
00:29:56,500 --> 00:29:57,583
because when you're driving one of the
902
00:29:57,583 --> 00:29:58,458
electric pontoons and
903
00:29:58,458 --> 00:30:00,458
you cross another gas boat.
904
00:30:01,333 --> 00:30:01,875
You smell it.
905
00:30:02,208 --> 00:30:03,250
But when you're on it and
906
00:30:03,250 --> 00:30:05,375
you have those fumes. Yeah.
907
00:30:06,791 --> 00:30:08,791
It's just so used to it sometimes because
908
00:30:08,791 --> 00:30:10,625
that's what you're used to, right?
909
00:30:11,791 --> 00:30:13,625
And the other thing is when you're done,
910
00:30:14,000 --> 00:30:15,458
your day is done. You're coming back
911
00:30:15,458 --> 00:30:17,208
after seven, eight hours of boating. You
912
00:30:17,208 --> 00:30:18,625
bring that thing back home if you have a
913
00:30:18,625 --> 00:30:21,000
dock, regular shore power, same shore
914
00:30:21,000 --> 00:30:24,208
power that your gas owner would use to
915
00:30:24,208 --> 00:30:25,625
get his boat charged because every boat
916
00:30:25,625 --> 00:30:26,833
needs to be charged at night.
917
00:30:26,833 --> 00:30:28,791
Most of them because they have bilge pump
918
00:30:28,791 --> 00:30:30,916
and they have accessories that needs to
919
00:30:30,916 --> 00:30:32,458
make sure that they work if the rain gets
920
00:30:32,458 --> 00:30:33,500
into it. So we're
921
00:30:33,500 --> 00:30:34,791
using the same power cord.
922
00:30:35,041 --> 00:30:36,958
And if you're so that's a very good point
923
00:30:36,958 --> 00:30:39,041
because as I told you, I've been owning
924
00:30:39,041 --> 00:30:41,416
houses on the water for the past 25 years
925
00:30:41,416 --> 00:30:43,666
and the challenge was Saturday morning.
926
00:30:43,666 --> 00:30:45,041
And when I want to take my boats out on
927
00:30:45,041 --> 00:30:47,458
the water, I need to go buy some gas, but
928
00:30:47,458 --> 00:30:49,750
that thing in the back of my truck. Yeah.
929
00:30:50,125 --> 00:30:50,833
And then I have to walk
930
00:30:50,833 --> 00:30:52,125
with those head. Yeah.
931
00:30:52,791 --> 00:30:54,666
And down the down whichever way you need
932
00:30:54,666 --> 00:30:56,500
to go, like especially I'm thinking
933
00:30:56,500 --> 00:30:59,541
cottages in Northern Ontario down a hill
934
00:30:59,541 --> 00:31:00,791
up a hill downstairs. Yeah, for sure.
935
00:31:00,791 --> 00:31:03,333
Yeah. You have to take your wife range
936
00:31:03,333 --> 00:31:06,875
over and then you spill some gas on the
937
00:31:06,875 --> 00:31:09,375
carpet and you just ruin it or an
938
00:31:09,375 --> 00:31:10,916
escalator Yukon and it's a hundred
939
00:31:10,916 --> 00:31:12,500
thousand dollar car that smells gas.
940
00:31:13,041 --> 00:31:14,708
And for sure. You need a second car
941
00:31:14,708 --> 00:31:16,083
almost to do the maintenance of your boat
942
00:31:16,083 --> 00:31:18,625
and to pull those boats out and and
943
00:31:18,625 --> 00:31:19,791
you're using it so little.
944
00:31:20,791 --> 00:31:25,250
So back home, get that thing on charge.
945
00:31:25,500 --> 00:31:28,541
So the benefit is how easy is it to run
946
00:31:28,541 --> 00:31:31,375
or operate and the system of the tail
947
00:31:31,375 --> 00:31:33,375
trim of the boat adjust by themselves as
948
00:31:33,375 --> 00:31:35,500
well. So the knowledge to drive a boat
949
00:31:35,500 --> 00:31:37,791
around is very, very easy.
950
00:31:37,791 --> 00:31:40,708
It's much easier system has come with a
951
00:31:40,708 --> 00:31:42,958
huge screen as big as twice the size of
952
00:31:42,958 --> 00:31:44,750
your iPad, iPad, like a Tesla screen.
953
00:31:45,250 --> 00:31:47,333
Yeah. Gives you the range with a big
954
00:31:47,333 --> 00:31:49,291
number things that you have with your gas
955
00:31:49,291 --> 00:31:51,000
boats. What's the range of your gas onto?
956
00:31:51,041 --> 00:31:53,000
Good luck when the needle is down.
957
00:31:53,000 --> 00:31:54,333
You screwed. What's the mileage you can
958
00:31:54,333 --> 00:31:56,875
do with a system we have created because
959
00:31:56,875 --> 00:31:58,708
the experience we have made around over
960
00:31:58,708 --> 00:32:02,125
the past 80,000 rental, 88,000, 85,000
961
00:32:02,125 --> 00:32:03,458
rentals. You have a big
962
00:32:03,458 --> 00:32:04,791
number. That's the mileage.
963
00:32:04,791 --> 00:32:07,708
You the range in miles or kilometers,
964
00:32:07,708 --> 00:32:09,041
depending where you are at the speed
965
00:32:09,041 --> 00:32:10,750
you're doing. So at 10, 10 miles per
966
00:32:10,750 --> 00:32:12,541
hour, the number, let's say it's a
967
00:32:12,541 --> 00:32:15,166
hundred miles. If you go 20 miles per
968
00:32:15,166 --> 00:32:17,750
hour, it will decrease. So the numbers is
969
00:32:17,750 --> 00:32:19,458
adapting with the speeds you're doing a
970
00:32:19,458 --> 00:32:21,000
lot like your car today. Your cars have
971
00:32:21,000 --> 00:32:23,083
that. But both don't have that. Right. On
972
00:32:23,083 --> 00:32:25,458
top of that, you have a screen, a map
973
00:32:25,458 --> 00:32:28,291
with a shadow and the shadow is the range
974
00:32:28,291 --> 00:32:30,666
that you can achieve at that speed. Okay.
975
00:32:30,916 --> 00:32:34,333
At 15% we have a limp mode. So if you're
976
00:32:34,333 --> 00:32:34,791
doing 24, 45, 45, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50,
50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50,
977
00:32:34,791 --> 00:32:34,958
50, 50, 50, 50, 50, 50, 50, 50, 50, 50, 50,
50, 50, 50, 50, 50, 50, 50, 50. 50,
978
00:32:34,958 --> 00:32:35,750
50, 50, 50. 50, 50, 1.5 miles per hour.
979
00:32:35,958 --> 00:32:37,958
And you have 20% you're having a good
980
00:32:37,958 --> 00:32:40,041
time when you're going to hit 15% it will
981
00:32:40,041 --> 00:32:43,041
slow down slowly. You won't even feel it.
982
00:32:43,041 --> 00:32:44,375
Yeah, you're going to hit about nine
983
00:32:44,375 --> 00:32:46,458
miles per hour. It will give you range
984
00:32:46,458 --> 00:32:51,458
for about an hour 15 minutes. So there's
985
00:32:51,458 --> 00:32:54,416
no reason for us to see one of our
986
00:32:54,416 --> 00:32:56,250
electric boat running out of gas and we
987
00:32:56,250 --> 00:32:57,583
see a lot of gas boats running
988
00:33:04,833 --> 00:33:07,000
stuck on a boat, a gas boat without gas,
989
00:33:07,291 --> 00:33:08,000
then you need to find
990
00:33:08,000 --> 00:33:09,750
someone that will bring gas
991
00:33:09,750 --> 00:33:13,583
on any of our boats or you bring to
992
00:33:13,583 --> 00:33:14,625
someone else's house and
993
00:33:14,625 --> 00:33:15,416
they don't have fuel, so
994
00:33:15,416 --> 00:33:15,875
you're screwed.
995
00:33:16,125 --> 00:33:18,708
You bring the boat to any places, any
996
00:33:18,708 --> 00:33:20,541
houses can get our boat
997
00:33:20,541 --> 00:33:21,750
charged, as I mentioned earlier,
998
00:33:22,291 --> 00:33:24,583
because they can be charged with, they
999
00:33:24,583 --> 00:33:25,416
don't need any grid
1000
00:33:25,416 --> 00:33:27,375
because the charging system
1001
00:33:27,375 --> 00:33:28,958
is installed in the boat.
1002
00:33:29,500 --> 00:33:35,000
So 120 volt or 240 and if your boat is on
1003
00:33:35,000 --> 00:33:35,916
a trailer and you want
1004
00:33:35,916 --> 00:33:37,166
to use your power wall
1005
00:33:37,333 --> 00:33:39,083
because it's on a trailer, you have a
1006
00:33:39,083 --> 00:33:40,291
power wall at home, you
1007
00:33:40,291 --> 00:33:41,875
use a power wall, we have
1008
00:33:41,875 --> 00:33:43,625
to develop an adapter that goes from the
1009
00:33:43,625 --> 00:33:44,916
power wall adapter or
1010
00:33:44,916 --> 00:33:47,208
the regular fast charging
1011
00:33:47,500 --> 00:33:49,541
to your your shore power charging outlet.
1012
00:33:50,416 --> 00:33:51,500
So it's convenient.
1013
00:33:51,791 --> 00:33:53,083
It's so it's easy.
1014
00:33:53,583 --> 00:33:55,500
It looks crazy when you don't own a boat,
1015
00:33:55,500 --> 00:33:56,625
you don't see them on the water.
1016
00:33:56,708 --> 00:33:57,708
Once you're in one of
1017
00:33:57,708 --> 00:33:59,291
them, you just see everything.
1018
00:34:00,666 --> 00:34:02,416
Yeah, it's like driving an electric car
1019
00:34:02,416 --> 00:34:03,833
for two years, then OK, I'm going to get
1020
00:34:03,833 --> 00:34:06,041
back to a big 6.6 gas liter.
1021
00:34:06,500 --> 00:34:09,125
Yeah, I think what's interesting too is
1022
00:34:09,125 --> 00:34:09,666
like, you know what?
1023
00:34:09,666 --> 00:34:12,625
Before I bought my electric car, I was
1024
00:34:12,625 --> 00:34:17,166
fascinated and very concerned about
1025
00:34:17,166 --> 00:34:18,458
running out of electricity.
1026
00:34:18,958 --> 00:34:20,708
Like, you know, like before you buy an
1027
00:34:20,708 --> 00:34:22,416
electric vehicle, you're like, OK, like,
1028
00:34:22,625 --> 00:34:24,000
are there enough, you know,
1029
00:34:24,000 --> 00:34:25,791
chargers like what do I have to worry
1030
00:34:25,791 --> 00:34:27,208
about, like all this kind of stuff.
1031
00:34:27,875 --> 00:34:30,000
And when you get a car like an electric
1032
00:34:30,000 --> 00:34:32,708
vehicle, you start to drive it and you
1033
00:34:32,708 --> 00:34:34,625
start to realize that there
1034
00:34:34,625 --> 00:34:35,708
are enough charges around.
1035
00:34:35,708 --> 00:34:37,166
You can charge at home, as you mentioned,
1036
00:34:37,166 --> 00:34:38,125
like it's easy to plug
1037
00:34:38,125 --> 00:34:39,791
in at night in Ontario.
1038
00:34:39,791 --> 00:34:41,208
You get like super cheap
1039
00:34:41,208 --> 00:34:42,916
to to plug in overnight.
1040
00:34:43,541 --> 00:34:45,500
And so it's really, really easy to
1041
00:34:45,500 --> 00:34:48,333
navigate around when you're doing this.
1042
00:34:48,333 --> 00:34:49,958
Now, I'm not talking about Saskatchewan
1043
00:34:49,958 --> 00:34:52,583
and minus 40 for three weeks after the
1044
00:34:52,583 --> 00:34:53,666
year or anything like that.
1045
00:34:53,666 --> 00:34:55,875
But I'm talking about southern Ontario
1046
00:34:55,875 --> 00:34:57,000
going to northern Ontario.
1047
00:34:57,000 --> 00:34:59,166
It's really easy to you're not going to
1048
00:34:59,166 --> 00:35:00,833
run out of electricity if you plan
1049
00:35:00,833 --> 00:35:02,375
properly and usually gets
1050
00:35:02,375 --> 00:35:04,500
planned for you on a boat.
1051
00:35:04,500 --> 00:35:06,125
You just mentioned that, like, even when
1052
00:35:06,125 --> 00:35:07,916
you're on in the middle of the water,
1053
00:35:07,916 --> 00:35:09,833
middle of the lake, say, or along the
1054
00:35:09,833 --> 00:35:12,000
coastline of the of the ocean, you know,
1055
00:35:12,000 --> 00:35:13,583
I'd probably be I would imagine that's
1056
00:35:13,583 --> 00:35:14,375
probably one of the
1057
00:35:14,375 --> 00:35:16,333
biggest questions you get.
1058
00:35:16,500 --> 00:35:17,833
Right. The most of the most questions you
1059
00:35:17,833 --> 00:35:20,125
get is like, hey, you know,
1060
00:35:20,125 --> 00:35:21,291
like, am I going to run out?
1061
00:35:21,375 --> 00:35:22,625
But you just mentioned it. It already
1062
00:35:22,625 --> 00:35:24,291
does it automatically where it slows it
1063
00:35:24,291 --> 00:35:25,583
down, you know, to
1064
00:35:25,583 --> 00:35:26,791
like nine miles an hour.
1065
00:35:27,166 --> 00:35:28,708
And then you guys like that you have
1066
00:35:28,708 --> 00:35:30,875
basically have an hour and 15 or whatever
1067
00:35:30,875 --> 00:35:32,666
amount of time to get back
1068
00:35:32,666 --> 00:35:34,041
to wherever you're going.
1069
00:35:34,541 --> 00:35:36,166
And you're pretty much good or even get
1070
00:35:36,166 --> 00:35:39,333
to a charging station or a cord just to
1071
00:35:39,333 --> 00:35:40,125
get you that charge.
1072
00:35:40,625 --> 00:35:43,291
I feel like that would like settle a lot
1073
00:35:43,291 --> 00:35:45,666
of people down in terms of getting, you
1074
00:35:45,666 --> 00:35:49,833
know, around the charging aspect of an
1075
00:35:49,833 --> 00:35:51,083
electric electric vehicle.
1076
00:35:51,250 --> 00:35:53,416
On the water or even on the on land.
1077
00:35:54,750 --> 00:35:56,958
Yes. And as I mentioned earlier, we do
1078
00:35:56,958 --> 00:35:59,833
sell a lot of gas boat from our nautical
1079
00:35:59,833 --> 00:36:02,250
venture dealership. And I would say that
1080
00:36:02,250 --> 00:36:04,875
I never hear heard or saw one of our
1081
00:36:04,875 --> 00:36:08,583
electric customer calling us because they
1082
00:36:08,583 --> 00:36:09,333
run out of electricity.
1083
00:36:09,333 --> 00:36:10,958
And they know what to do. But I can tell
1084
00:36:10,958 --> 00:36:14,583
you on the gas site. Yeah. It's going.
1085
00:36:14,583 --> 00:36:16,041
They don't know what's going on, but the
1086
00:36:16,041 --> 00:36:18,000
boat doesn't work anymore. Right.
1087
00:36:18,250 --> 00:36:20,416
Okay, so I think you have gas.
1088
00:36:21,250 --> 00:36:22,875
You've been driving electric cars.
1089
00:36:23,125 --> 00:36:24,750
How many times were you stuck on the
1090
00:36:24,750 --> 00:36:25,875
highway on the street
1091
00:36:25,875 --> 00:36:27,375
without power and the car doesn't
1092
00:36:27,375 --> 00:36:27,583
work?
1093
00:36:28,666 --> 00:36:28,875
Never.
1094
00:36:29,916 --> 00:36:30,083
Never.
1095
00:36:30,666 --> 00:36:36,333
So the biggest challenge we have is to
1096
00:36:36,333 --> 00:36:38,416
actually have people to
1097
00:36:38,416 --> 00:36:39,375
look at the product because
1098
00:36:39,375 --> 00:36:40,166
they don't think it exists.
1099
00:36:40,833 --> 00:36:42,916
So once they see it, it's the visibility.
1100
00:36:43,458 --> 00:36:45,958
So what I've been asking God to bring in
1101
00:36:45,958 --> 00:36:47,375
my life is Mercury or
1102
00:36:47,375 --> 00:36:49,000
Honda to start working
1103
00:36:49,125 --> 00:36:51,458
on something close to what they've been
1104
00:36:51,458 --> 00:36:52,958
building for decades,
1105
00:36:53,750 --> 00:36:55,125
200 horsepower gas motor.
1106
00:36:55,333 --> 00:36:57,083
So I wanted 200 gas, 200
1107
00:36:57,083 --> 00:36:58,208
horsepower electric motor.
1108
00:36:58,750 --> 00:37:00,166
So people say would say, you
1109
00:37:00,166 --> 00:37:01,541
know what if Honda is doing it?
1110
00:37:01,541 --> 00:37:01,958
It makes sense.
1111
00:37:02,458 --> 00:37:04,958
Keep in mind in 2010, 12, 13, the only
1112
00:37:04,958 --> 00:37:05,666
guy that was doing
1113
00:37:05,666 --> 00:37:07,458
really electric cars was Tesla
1114
00:37:07,750 --> 00:37:09,333
and people were betting against him.
1115
00:37:09,750 --> 00:37:11,250
And today you're buying electric car.
1116
00:37:11,250 --> 00:37:13,208
People will say, no, no, no, no, no, no.
1117
00:37:13,208 --> 00:37:15,041
It could be an RBMW, but
1118
00:37:15,041 --> 00:37:17,000
yeah, it's, this is where we are.
1119
00:37:17,000 --> 00:37:18,208
We are in 2010, 11.
1120
00:37:18,500 --> 00:37:21,166
So it's very, very new and we need a big
1121
00:37:21,166 --> 00:37:22,583
player to come on board
1122
00:37:22,583 --> 00:37:24,375
after Tesla, then Ford came
1123
00:37:24,375 --> 00:37:28,208
on board and GM and BMW and everyone's
1124
00:37:28,208 --> 00:37:29,333
doing something electric.
1125
00:37:30,791 --> 00:37:31,916
And it's not for everyone.
1126
00:37:31,916 --> 00:37:33,291
And I'm not trying to change the world.
1127
00:37:33,291 --> 00:37:35,125
I'm just giving the options.
1128
00:37:35,791 --> 00:37:38,000
And if we can get 1% of the market per
1129
00:37:38,000 --> 00:37:39,125
year, that would be
1130
00:37:39,125 --> 00:37:41,000
awesome because it's huge in
1131
00:37:41,000 --> 00:37:41,416
the US.
1132
00:37:42,125 --> 00:37:44,541
Well, I feel like it can get big in
1133
00:37:44,541 --> 00:37:46,208
Canada too, you know, in
1134
00:37:46,208 --> 00:37:47,166
terms of how many people
1135
00:37:47,166 --> 00:37:47,833
buy boats.
1136
00:37:48,125 --> 00:37:48,833
You've got the Great Lakes.
1137
00:37:48,833 --> 00:37:50,375
You've got so many lakes in and around
1138
00:37:50,375 --> 00:37:51,083
and you've got the
1139
00:37:51,083 --> 00:37:52,291
coastlines, of course, you
1140
00:37:52,291 --> 00:37:54,416
know, Vancouver, like on the BC side on
1141
00:37:54,416 --> 00:37:56,583
the East coast, you've
1142
00:37:56,583 --> 00:37:59,166
got all those Atlantic
1143
00:37:59,166 --> 00:38:01,750
provinces and anything within Quebec and
1144
00:38:01,750 --> 00:38:02,625
more and more people
1145
00:38:02,625 --> 00:38:03,416
are getting out on the
1146
00:38:03,416 --> 00:38:05,041
water there, you know, and with climate
1147
00:38:05,041 --> 00:38:05,875
change, it actually
1148
00:38:05,875 --> 00:38:07,500
benefits people because it'll
1149
00:38:07,500 --> 00:38:08,625
probably be warmer longer.
1150
00:38:08,625 --> 00:38:10,791
You can probably be on the water longer.
1151
00:38:11,958 --> 00:38:14,666
You know, there's it seems to be like a
1152
00:38:14,666 --> 00:38:17,916
really easy sell from a
1153
00:38:17,916 --> 00:38:19,041
lot of different perspectives
1154
00:38:19,458 --> 00:38:20,958
because, you know, not only from an
1155
00:38:20,958 --> 00:38:21,541
environment, so
1156
00:38:21,541 --> 00:38:23,583
environmental it is, you know, it's not
1157
00:38:23,583 --> 00:38:24,875
you're not using gasoline,
1158
00:38:24,875 --> 00:38:25,833
you're not using fossil fuels.
1159
00:38:25,833 --> 00:38:26,333
So right there,
1160
00:38:26,333 --> 00:38:27,958
you're you're reducing it.
1161
00:38:28,375 --> 00:38:31,291
There's no leakage of oil or gas because
1162
00:38:31,291 --> 00:38:32,833
you're not using oil or gas.
1163
00:38:34,375 --> 00:38:35,541
And then the noise is down.
1164
00:38:35,541 --> 00:38:37,458
So if you think about a lot of boats that
1165
00:38:37,458 --> 00:38:38,791
are on the ocean and
1166
00:38:38,791 --> 00:38:39,625
you worry about marine
1167
00:38:39,708 --> 00:38:42,250
mammals that have to worry about noise
1168
00:38:42,250 --> 00:38:43,833
and communication, you
1169
00:38:43,833 --> 00:38:45,375
know, you're pretty good,
1170
00:38:45,666 --> 00:38:47,250
you know, other than getting out of their
1171
00:38:47,250 --> 00:38:48,333
way so you don't hit them.
1172
00:38:48,333 --> 00:38:50,291
But in terms of noise, they're not going
1173
00:38:50,291 --> 00:38:51,041
to hear you coming
1174
00:38:51,041 --> 00:38:52,791
because, you know, you're
1175
00:38:52,791 --> 00:38:53,041
quiet.
1176
00:38:53,333 --> 00:38:54,500
So that's that's always nice.
1177
00:38:55,041 --> 00:38:56,583
But then from a from an actual user
1178
00:38:56,583 --> 00:38:58,791
perspective, you know, which is what
1179
00:38:58,791 --> 00:38:59,666
probably most people
1180
00:38:59,666 --> 00:39:00,458
will focus on.
1181
00:39:00,958 --> 00:39:02,458
Like you mentioned, it's quiet so you can
1182
00:39:02,458 --> 00:39:03,458
be social on the boat
1183
00:39:03,458 --> 00:39:04,708
while you're in motion.
1184
00:39:05,958 --> 00:39:09,583
It's easy, like it's less, less cost to
1185
00:39:09,583 --> 00:39:11,625
charge and to, you
1186
00:39:11,625 --> 00:39:12,083
know, you don't have to
1187
00:39:12,333 --> 00:39:13,500
focus on gasoline and
1188
00:39:13,500 --> 00:39:14,333
all that kind of stuff.
1189
00:39:14,750 --> 00:39:15,791
You don't have to buy it
1190
00:39:15,791 --> 00:39:16,541
and everything like that.
1191
00:39:17,083 --> 00:39:19,666
And then, you know, it's just it's like
1192
00:39:19,666 --> 00:39:20,916
less maintenance
1193
00:39:20,916 --> 00:39:22,500
because there's less parts to
1194
00:39:22,625 --> 00:39:23,166
maintain.
1195
00:39:23,166 --> 00:39:25,916
So it seems like a pretty easy sell.
1196
00:39:27,458 --> 00:39:29,916
Why don't we see is it just because it's
1197
00:39:29,916 --> 00:39:31,000
just limited and the
1198
00:39:31,000 --> 00:39:33,250
technology is kind of
1199
00:39:33,291 --> 00:39:34,791
coming onto the market now where people
1200
00:39:34,791 --> 00:39:36,500
are starting to realize why don't we see
1201
00:39:36,500 --> 00:39:38,583
it in more markets other
1202
00:39:38,583 --> 00:39:39,750
than like California and
1203
00:39:39,750 --> 00:39:40,625
Florida? Like why don't we
1204
00:39:40,625 --> 00:39:43,041
see it up in Canada as much?
1205
00:39:43,333 --> 00:39:45,583
We see we see it much.
1206
00:39:45,583 --> 00:39:47,250
We see them much more
1207
00:39:47,250 --> 00:39:49,000
on the across the ocean.
1208
00:39:49,333 --> 00:39:51,375
So I would say in Europe, I would say
1209
00:39:51,375 --> 00:39:53,291
it's about 10 to 15 percent of
1210
00:39:53,291 --> 00:39:54,708
the market is going that way.
1211
00:39:56,291 --> 00:39:58,000
And there are there are
1212
00:39:58,000 --> 00:39:59,291
a few years ahead of us.
1213
00:40:00,291 --> 00:40:02,416
We see them here without
1214
00:40:02,416 --> 00:40:03,833
knowing that they are electric.
1215
00:40:03,833 --> 00:40:05,333
As I mentioned, Duffy had
1216
00:40:05,333 --> 00:40:07,916
built 14 or 50 thousand of them.
1217
00:40:08,041 --> 00:40:10,541
And we did build the fan tails and the
1218
00:40:10,541 --> 00:40:13,333
vault, probably three, twenty five
1219
00:40:13,333 --> 00:40:13,916
hundred or three
1220
00:40:13,916 --> 00:40:15,041
thousand bolts like that.
1221
00:40:15,291 --> 00:40:16,333
So it's not a lot.
1222
00:40:16,333 --> 00:40:17,375
It's still 17000.
1223
00:40:17,583 --> 00:40:19,500
There's flux and other smaller guys.
1224
00:40:20,041 --> 00:40:21,458
It's not a big segment of the market
1225
00:40:21,458 --> 00:40:23,541
because keep in mind there's about three
1226
00:40:23,541 --> 00:40:25,666
hundred and thirty thousand outboard sold
1227
00:40:25,666 --> 00:40:26,375
per year only in the
1228
00:40:26,708 --> 00:40:28,416
U.S. And it's a very small market
1229
00:40:28,416 --> 00:40:29,666
compared to the European market.
1230
00:40:30,291 --> 00:40:32,875
The problem that we have is there's no
1231
00:40:32,875 --> 00:40:35,333
big players going that direction because
1232
00:40:35,333 --> 00:40:36,500
they have built an
1233
00:40:36,500 --> 00:40:38,500
infrastructure and a product chain
1234
00:40:38,541 --> 00:40:40,500
assembly for ice engine.
1235
00:40:41,125 --> 00:40:42,708
And if you start changing that and
1236
00:40:42,708 --> 00:40:44,000
because it's much it's
1237
00:40:44,000 --> 00:40:45,500
a much different animal.
1238
00:40:45,500 --> 00:40:46,750
The only thing you have is the calling.
1239
00:40:47,250 --> 00:40:47,833
That's the same.
1240
00:40:47,833 --> 00:40:50,291
I'm using I won't lie to what's who
1241
00:40:50,291 --> 00:40:52,083
calling and to what's who are actually
1242
00:40:52,083 --> 00:40:53,125
doing mercury and under
1243
00:40:53,125 --> 00:40:54,166
depending the size of it.
1244
00:40:54,500 --> 00:40:55,416
So we're using what's
1245
00:40:55,416 --> 00:40:56,583
been used by the industry.
1246
00:40:56,875 --> 00:40:59,458
So it's well, it's it's it's saltwater
1247
00:40:59,458 --> 00:41:01,041
tested and it's a very
1248
00:41:01,041 --> 00:41:02,250
solid Japanese product.
1249
00:41:02,333 --> 00:41:04,125
Yeah, the calling, the
1250
00:41:04,125 --> 00:41:05,416
engineering around it, it's amazing.
1251
00:41:05,708 --> 00:41:07,875
The core is another design.
1252
00:41:08,333 --> 00:41:11,791
But if you're building 50 or $100,000 gas
1253
00:41:11,791 --> 00:41:14,708
outboards and some of them, not some, all
1254
00:41:14,708 --> 00:41:16,666
of them, let's say, I
1255
00:41:16,666 --> 00:41:18,250
mean, makes troubling here.
1256
00:41:18,708 --> 00:41:20,916
From the 90 horsepower to the 140, it's
1257
00:41:20,916 --> 00:41:22,583
the same base, but they change the
1258
00:41:22,583 --> 00:41:23,791
exhaust and they change the mapping.
1259
00:41:24,500 --> 00:41:26,083
If you need to change everything and go
1260
00:41:26,083 --> 00:41:29,000
back to a new technology by the time that
1261
00:41:29,000 --> 00:41:31,291
you're up and running, you're dead.
1262
00:41:31,291 --> 00:41:31,958
They're too big.
1263
00:41:32,541 --> 00:41:35,000
So what they will do once they're ready
1264
00:41:35,000 --> 00:41:37,166
and they feel that they can get a big
1265
00:41:37,166 --> 00:41:39,500
segment, I think they will buy a company
1266
00:41:39,500 --> 00:41:40,458
that's already exist.
1267
00:41:40,833 --> 00:41:41,666
It's going to be interesting here.
1268
00:41:42,291 --> 00:41:44,458
Then starting from scratch, I've been
1269
00:41:44,458 --> 00:41:46,666
investing a lot of millions of dollars,
1270
00:41:46,666 --> 00:41:48,416
but it's not only about the money.
1271
00:41:48,666 --> 00:41:51,541
It's about the time invested to create
1272
00:41:51,541 --> 00:41:54,208
what we add and fighting the patterns and
1273
00:41:54,208 --> 00:41:55,875
having the right chains of suppliers
1274
00:41:55,875 --> 00:41:58,708
because 95 percent of the parts that we
1275
00:41:58,708 --> 00:42:01,916
are using, except the calling, are parts
1276
00:42:01,916 --> 00:42:03,416
built by our own tooling.
1277
00:42:03,416 --> 00:42:05,250
So the battery pack, we own the tooling,
1278
00:42:05,500 --> 00:42:06,500
but we have a pack maker.
1279
00:42:07,166 --> 00:42:09,833
So we're using Octillion is one of the
1280
00:42:09,833 --> 00:42:12,000
10th biggest pack maker in the world.
1281
00:42:12,416 --> 00:42:14,875
So is packaging a battery made for the
1282
00:42:14,875 --> 00:42:16,166
size of the casing we need?
1283
00:42:16,166 --> 00:42:18,166
That certification is on by us.
1284
00:42:18,166 --> 00:42:20,833
The tooling is ours and we have patents
1285
00:42:20,833 --> 00:42:22,500
for the BMS and the information that
1286
00:42:22,500 --> 00:42:23,583
drives around the system.
1287
00:42:24,208 --> 00:42:26,625
So it's same thing with the motor using a
1288
00:42:26,625 --> 00:42:29,458
very large electric motor company after
1289
00:42:29,458 --> 00:42:31,250
using their off the shelf product,
1290
00:42:31,500 --> 00:42:33,583
they've manufacture a motor that will
1291
00:42:33,583 --> 00:42:35,291
cool and be able to
1292
00:42:35,291 --> 00:42:36,916
last on saltwater for us.
1293
00:42:37,333 --> 00:42:39,958
So by having all those things been put
1294
00:42:39,958 --> 00:42:43,541
together for the past 13 years now and
1295
00:42:43,541 --> 00:42:46,708
got now 20,000 hours of testing.
1296
00:42:47,083 --> 00:42:50,000
Yeah, plus that it was expensive to do
1297
00:42:50,000 --> 00:42:50,750
the McLaren engineering
1298
00:42:50,750 --> 00:42:51,791
testing for two years.
1299
00:42:52,083 --> 00:42:55,541
So just the cabinet to withdraw 700 or
1300
00:42:55,541 --> 00:42:58,375
700 volt, 24 hours a day, because you
1301
00:42:58,375 --> 00:42:59,666
have to mimic the power of a battery
1302
00:42:59,666 --> 00:43:01,208
nonstop for 24 hours a day.
1303
00:43:01,666 --> 00:43:04,500
It's long story short, it's much easier
1304
00:43:04,500 --> 00:43:07,625
to to get something built by someone like
1305
00:43:07,625 --> 00:43:08,791
Vision Marine instead of
1306
00:43:08,791 --> 00:43:09,791
building it from scratch.
1307
00:43:10,208 --> 00:43:10,958
Mercury tried it.
1308
00:43:11,291 --> 00:43:14,000
They've worked on it and they've started
1309
00:43:14,000 --> 00:43:16,333
developing a five horsepower, a 10 horse.
1310
00:43:17,000 --> 00:43:18,625
And then we start pushing out on our end
1311
00:43:18,625 --> 00:43:22,000
and we did build a race boat to show to
1312
00:43:22,000 --> 00:43:23,958
the world that we were better than
1313
00:43:23,958 --> 00:43:25,916
Jaguar, Jaguar, the car company.
1314
00:43:26,625 --> 00:43:28,583
Yeah, you can go on YouTube and check it.
1315
00:43:28,625 --> 00:43:31,250
It's pretty cool what they did. 2020 21.
1316
00:43:31,250 --> 00:43:34,000
They did. They took the e-pace electric
1317
00:43:34,000 --> 00:43:36,958
race car motor and put that thing on a
1318
00:43:36,958 --> 00:43:38,833
small 20 feet boat one seater.
1319
00:43:39,041 --> 00:43:40,708
So we cannot even have your glass of
1320
00:43:40,708 --> 00:43:42,500
water in that boat. It's very small. It's
1321
00:43:42,500 --> 00:43:44,166
a formula one boat. Very, very small.
1322
00:43:44,708 --> 00:43:46,250
They put the technology on it.
1323
00:43:46,750 --> 00:43:49,083
Spend millions of dollars in two years of
1324
00:43:49,083 --> 00:43:51,541
development with a crazy story around it
1325
00:43:51,541 --> 00:43:54,333
and hit 88 miles per hour with maybe
1326
00:43:54,333 --> 00:43:56,041
four, 30 seconds or one second.
1327
00:43:56,250 --> 00:43:59,166
Yeah. One minute. Yeah. And when we saw
1328
00:43:59,166 --> 00:44:02,958
that. It's cool. But I don't think Jaguar
1329
00:44:02,958 --> 00:44:04,333
is going to build motors and I don't
1330
00:44:04,333 --> 00:44:05,041
think Jaguar is going to
1331
00:44:05,041 --> 00:44:06,166
build outboards or both.
1332
00:44:06,500 --> 00:44:08,625
But let's do a team building project. So
1333
00:44:08,625 --> 00:44:10,291
we start working on that.
1334
00:44:11,750 --> 00:44:13,416
Start poking around because I cannot
1335
00:44:13,416 --> 00:44:14,875
drive fast boats anymore because the
1336
00:44:14,875 --> 00:44:16,000
board doesn't allow me that for
1337
00:44:16,000 --> 00:44:19,000
liabilities and other reasons. Of course.
1338
00:44:19,000 --> 00:44:21,958
Yeah. So I reached out to Sean Torente,
1339
00:44:21,958 --> 00:44:23,916
who's actually the world
1340
00:44:23,916 --> 00:44:24,833
number one race boater.
1341
00:44:25,041 --> 00:44:28,333
I raised driver and he's racing for
1342
00:44:28,333 --> 00:44:31,708
Mercury and other big team Abu Dhabi and
1343
00:44:31,708 --> 00:44:35,333
Qatar and he's a former he's the man on
1344
00:44:35,333 --> 00:44:37,291
the planet. He's the man. Yeah.
1345
00:44:37,916 --> 00:44:40,333
And he says, Sean, I want you to we will
1346
00:44:40,333 --> 00:44:43,375
build the boat, the 32 footer boat that
1347
00:44:43,375 --> 00:44:45,750
could be used with twin motors race on
1348
00:44:45,750 --> 00:44:47,708
the gas division. And I want the same
1349
00:44:47,708 --> 00:44:50,750
boat to be pushed by our same motors that
1350
00:44:50,750 --> 00:44:51,958
we sell to consumer.
1351
00:44:52,791 --> 00:44:54,875
Yeah. And show to Jaguar. We're going to
1352
00:44:54,875 --> 00:44:57,041
be better than them. And there's a
1353
00:44:57,041 --> 00:44:59,750
documentary on Amazon Prime and also on
1354
00:44:59,750 --> 00:45:01,416
YouTube. It's a 24 minute documentary
1355
00:45:01,416 --> 00:45:04,208
from it's called Can't Stop Won't Stop.
1356
00:45:04,208 --> 00:45:05,958
So you got the full story. We've built
1357
00:45:05,958 --> 00:45:08,250
that. So when we did the first boat, it
1358
00:45:08,250 --> 00:45:10,000
was a pleasure boat. No top.
1359
00:45:11,583 --> 00:45:14,458
Six passengers, 32 footer race cat. And
1360
00:45:14,458 --> 00:45:18,625
we did 109 miles per hour. Shattering the
1361
00:45:18,625 --> 00:45:20,541
world record by John. Yeah.
1362
00:45:21,083 --> 00:45:22,875
And like almost like a school project.
1363
00:45:23,083 --> 00:45:25,500
It's in a regular boat like in a boat
1364
00:45:25,500 --> 00:45:27,791
that you was a production boat to receive
1365
00:45:27,791 --> 00:45:29,041
gas tanks in it. And we.
1366
00:45:30,000 --> 00:45:33,250
And when we did that, then Sean says, you
1367
00:45:33,250 --> 00:45:34,666
know, we're going to take a real race
1368
00:45:34,666 --> 00:45:37,083
boat now with capsule that could actually
1369
00:45:37,083 --> 00:45:39,833
be racing with Mercury engines on
1370
00:45:39,833 --> 00:45:41,916
weekends. Remove the engine, put electric
1371
00:45:41,916 --> 00:45:44,041
ones on and we can be on the real circuit
1372
00:45:44,041 --> 00:45:45,625
with real professional. No
1373
00:45:45,625 --> 00:45:46,833
one can say you're doing.
1374
00:45:47,166 --> 00:45:50,000
You're taking a and we that's part of the
1375
00:45:50,000 --> 00:45:51,708
documentary. You'll see that. And with
1376
00:45:51,708 --> 00:45:54,750
that one, we did 116 miles per hour. And
1377
00:45:54,750 --> 00:45:56,125
as we speak, we've been challenging
1378
00:45:56,125 --> 00:45:58,625
everyone. And with the same boat, it's
1379
00:45:58,625 --> 00:46:00,833
faster with electric engine than with
1380
00:46:00,833 --> 00:46:04,541
Mercury gas 300. Yes. And I'm challenging
1381
00:46:04,541 --> 00:46:06,541
anyone in the world that say that there's
1382
00:46:06,541 --> 00:46:07,541
something powerful on the electric
1383
00:46:07,541 --> 00:46:09,083
because there's always a news flavor of
1384
00:46:09,083 --> 00:46:10,833
the month. We've got the most powerful
1385
00:46:10,833 --> 00:46:12,750
boats. Yes, please. We want
1386
00:46:12,750 --> 00:46:14,458
that. We want the companies.
1387
00:46:14,958 --> 00:46:18,083
And that it's showing that it's the right
1388
00:46:18,083 --> 00:46:19,541
way. And there's probably some way I want
1389
00:46:19,541 --> 00:46:21,333
someone to shatter that record because
1390
00:46:21,333 --> 00:46:22,708
it's going to show to the industry that
1391
00:46:22,708 --> 00:46:24,916
it's good. Now we see that every car
1392
00:46:24,916 --> 00:46:27,000
manufacturer as a model, that's very
1393
00:46:27,000 --> 00:46:29,583
powerful. And it's for early adapters.
1394
00:46:29,583 --> 00:46:31,000
But on the on the car side, there's no
1395
00:46:31,000 --> 00:46:33,291
more early adapters. It's it's a right.
1396
00:46:33,291 --> 00:46:36,166
It's a community. And yes, on the both
1397
00:46:36,166 --> 00:46:38,916
side, it's still early adapters. And I
1398
00:46:38,916 --> 00:46:40,208
would say that the bike
1399
00:46:40,208 --> 00:46:44,375
2030, it's a 20 billion business.
1400
00:46:44,958 --> 00:46:48,458
It's a growing business. And as we speak,
1401
00:46:49,083 --> 00:46:51,250
I don't see who's bigger than us. I
1402
00:46:51,250 --> 00:46:54,250
don't. There's and we need someone bigger
1403
00:46:54,250 --> 00:46:57,208
than us. And we want that. And the market
1404
00:46:57,208 --> 00:46:59,791
is huge. And we want to be sure that we
1405
00:46:59,791 --> 00:47:01,750
see at least five, six percent of
1406
00:47:01,750 --> 00:47:02,916
electric boats and marinas
1407
00:47:02,916 --> 00:47:04,666
when we're traveling or one.
1408
00:47:05,625 --> 00:47:06,250
That'd be cool.
1409
00:47:07,583 --> 00:47:09,291
I've been driving electric boats in the
1410
00:47:09,291 --> 00:47:11,333
ocean here in California. So I go to
1411
00:47:11,333 --> 00:47:14,500
Huntington Beach or Laguna Beach and and
1412
00:47:14,500 --> 00:47:17,791
I can have a very decent connections with
1413
00:47:17,791 --> 00:47:22,458
dolphins and turtles or and moonfish
1414
00:47:22,458 --> 00:47:25,250
because they're ready. There's no
1415
00:47:25,250 --> 00:47:27,625
vibration. And I don't know why they love
1416
00:47:27,625 --> 00:47:29,625
just the fact that you're moving like a
1417
00:47:29,666 --> 00:47:32,333
little bit. And it's like, yes, yes. And
1418
00:47:32,333 --> 00:47:33,875
the connection you mentioned earlier,
1419
00:47:33,875 --> 00:47:35,375
it's what even in Florida, when you're
1420
00:47:35,375 --> 00:47:36,791
driving that thing in the canal, you see
1421
00:47:36,791 --> 00:47:39,458
manatees very, very because they don't we
1422
00:47:39,458 --> 00:47:41,125
have to be cautious. Yes, of course.
1423
00:47:42,000 --> 00:47:44,583
It's it's it's you're connected to the
1424
00:47:44,583 --> 00:47:46,041
nature and being on the water. That's the
1425
00:47:46,041 --> 00:47:47,291
most beautiful part. That's why people
1426
00:47:47,291 --> 00:47:49,208
have so close because you've got that
1427
00:47:49,208 --> 00:47:52,291
way. And you don't. And the only thing
1428
00:47:52,291 --> 00:47:53,625
you hear on the electric boat is the
1429
00:47:53,625 --> 00:47:54,458
water touching the
1430
00:47:54,458 --> 00:47:56,041
hole. And that's amazing.
1431
00:47:56,958 --> 00:48:00,500
I'm I'm getting excited. This is to be on
1432
00:48:00,500 --> 00:48:02,750
one of them to understand that when
1433
00:48:02,750 --> 00:48:04,833
you're in the market, that's the thing to
1434
00:48:04,833 --> 00:48:06,500
do. And but it's not made for everyone.
1435
00:48:06,500 --> 00:48:08,291
It's not a boat that you will move and do
1436
00:48:08,291 --> 00:48:10,041
four hundred miles on a day. But no
1437
00:48:10,041 --> 00:48:11,958
matter no matter what, no one does four
1438
00:48:11,958 --> 00:48:12,750
hundred miles on a boat.
1439
00:48:12,791 --> 00:48:14,833
Yeah, exactly. And when you're a voter,
1440
00:48:15,166 --> 00:48:16,375
you need when you know when you do three
1441
00:48:16,375 --> 00:48:19,250
hours of voting at 40 miles per hour, the
1442
00:48:19,250 --> 00:48:21,000
only guy who enjoys it, it's the it's the
1443
00:48:21,000 --> 00:48:22,916
captain. People in the boat cannot have a
1444
00:48:22,916 --> 00:48:24,708
drink, a glass of water or something to
1445
00:48:24,708 --> 00:48:27,166
eat. It's yeah, you're still on the
1446
00:48:27,166 --> 00:48:28,708
ocean. You're still on the water. It's
1447
00:48:28,708 --> 00:48:31,291
bumpy. And it's all that. Right. Yeah.
1448
00:48:31,291 --> 00:48:33,625
Yeah. For sure. For sure. It's it's not
1449
00:48:33,625 --> 00:48:36,166
made for that. Like you don't see big 53
1450
00:48:36,166 --> 00:48:37,791
footer trucks on the highway electric.
1451
00:48:37,791 --> 00:48:41,333
It's made to move people for from three
1452
00:48:41,333 --> 00:48:42,750
passengers to seven passengers.
1453
00:48:42,791 --> 00:48:45,000
It's not made now. It's not there yet,
1454
00:48:45,000 --> 00:48:47,708
but it's made for people for family
1455
00:48:47,708 --> 00:48:50,958
boaters boats between 18 to 30 feet and
1456
00:48:50,958 --> 00:48:53,083
enjoying weekends for a full day of
1457
00:48:53,083 --> 00:48:54,833
boating. And after it's overnight, the
1458
00:48:54,833 --> 00:48:56,500
night you have to get that in charge in
1459
00:48:56,500 --> 00:48:57,125
the next morning,
1460
00:48:57,125 --> 00:48:57,750
you're back on the water.
1461
00:48:58,541 --> 00:49:00,541
Love it. I think that's phenomenal. I
1462
00:49:00,541 --> 00:49:02,375
think it's I think it's the future. I
1463
00:49:02,375 --> 00:49:04,000
hope to see more in Canada more and more
1464
00:49:04,000 --> 00:49:06,208
as we as we go along. I hope to be one of
1465
00:49:06,208 --> 00:49:08,666
those owners at some point the next five
1466
00:49:08,666 --> 00:49:11,250
years. And yeah, I think this will be
1467
00:49:11,250 --> 00:49:12,541
it'll be a lot of fun.
1468
00:49:12,791 --> 00:49:14,875
Before we go, you know, we talked about
1469
00:49:14,875 --> 00:49:16,708
breaking the record, but you've also been
1470
00:49:16,708 --> 00:49:18,875
involved, you know, as as we talk about
1471
00:49:18,875 --> 00:49:21,416
EVs and the environmental benefits,
1472
00:49:22,000 --> 00:49:23,541
you've also been involved with a
1473
00:49:23,541 --> 00:49:24,333
conservation organization
1474
00:49:24,333 --> 00:49:25,583
that's a friend of the podcast.
1475
00:49:25,583 --> 00:49:28,500
We've had, you know, four oceans on huge
1476
00:49:28,500 --> 00:49:30,291
talk a lot a little bit about that
1477
00:49:30,291 --> 00:49:31,375
relationship and how
1478
00:49:31,375 --> 00:49:32,458
they used your boats.
1479
00:49:33,958 --> 00:49:37,083
Yes, I was in 2023, the year that we
1480
00:49:37,083 --> 00:49:39,333
decided to build the second boats to do
1481
00:49:39,333 --> 00:49:42,500
160 miles per hour. My father and my
1482
00:49:42,500 --> 00:49:45,041
mother and I used to actually go sailing
1483
00:49:45,041 --> 00:49:46,541
in the wintertime. So they were taking
1484
00:49:46,541 --> 00:49:48,041
their sailboats from like Champlain
1485
00:49:48,041 --> 00:49:50,166
driving down to Florida and then crossing
1486
00:49:50,166 --> 00:49:52,458
to the exuma for the winter. And I did
1487
00:49:52,458 --> 00:49:53,916
that for the past 20 years with them. And
1488
00:49:53,916 --> 00:49:56,583
I love quite I like I like talking with
1489
00:49:56,583 --> 00:49:57,916
people and having a good time on boats.
1490
00:49:58,500 --> 00:50:00,416
So they were a little bit sad because we
1491
00:50:00,416 --> 00:50:01,666
were not close to them and
1492
00:50:01,666 --> 00:50:02,416
they were not close to the kids.
1493
00:50:02,666 --> 00:50:04,416
Because we were working hard on building
1494
00:50:04,416 --> 00:50:06,125
that race boats. And I said to Patrick,
1495
00:50:06,458 --> 00:50:08,875
let's do a crazy challenge while we're
1496
00:50:08,875 --> 00:50:10,750
doing the fastest one. Let's do the one
1497
00:50:10,750 --> 00:50:11,750
that can has the more
1498
00:50:11,750 --> 00:50:13,208
more more range in the world.
1499
00:50:13,750 --> 00:50:20,333
So Pat took a 26 feet pound to add a huge
1500
00:50:20,333 --> 00:50:23,958
solar panel canopy on its structure with
1501
00:50:23,958 --> 00:50:25,958
enclosures because we're Canadian. So we
1502
00:50:25,958 --> 00:50:27,416
know when it's raining, it's windy.
1503
00:50:27,791 --> 00:50:30,333
So we said to the inlas, you're good to
1504
00:50:30,333 --> 00:50:32,458
do the Hudson River from New York and
1505
00:50:32,458 --> 00:50:34,625
you're able you know the route straight
1506
00:50:34,625 --> 00:50:36,875
to Florida and let's bring it to Florida
1507
00:50:36,875 --> 00:50:39,958
and we'll put Starlink on it, a coffee
1508
00:50:39,958 --> 00:50:41,750
machine on it. And you have to drop the
1509
00:50:41,750 --> 00:50:43,625
anchors and the solar panel will get that
1510
00:50:43,625 --> 00:50:44,250
in charge during the
1511
00:50:44,250 --> 00:50:45,291
day and you can move.
1512
00:50:45,333 --> 00:50:47,708
Well, but you a tracking device people
1513
00:50:47,708 --> 00:50:50,208
could follow you on YouTube and Instagram
1514
00:50:50,208 --> 00:50:52,708
during your trip. You did it in your
1515
00:50:52,708 --> 00:50:54,500
cellboat many times at seven miles per
1516
00:50:54,500 --> 00:50:56,291
hour. Let's do it because most of the
1517
00:50:56,291 --> 00:50:58,375
places you cannot go fast on that river.
1518
00:50:58,375 --> 00:51:02,625
And for challenging purposes and stunt,
1519
00:51:02,625 --> 00:51:05,000
we started from statue of liberty in New
1520
00:51:05,000 --> 00:51:07,916
York. We dropped the pontoon there with a
1521
00:51:07,916 --> 00:51:08,708
friend of mine who
1522
00:51:08,708 --> 00:51:09,833
owns electrified Marina.
1523
00:51:10,125 --> 00:51:13,541
Rick and he's a dealership that sells a
1524
00:51:13,541 --> 00:51:15,583
lot of electric boats and he's a place to
1525
00:51:15,583 --> 00:51:18,083
go in your net in that area electrified
1526
00:51:18,083 --> 00:51:20,875
Marina. So we dropped my father in law,
1527
00:51:20,875 --> 00:51:24,166
65 years old back then retired chief of
1528
00:51:24,166 --> 00:51:25,541
police with my mother in law.
1529
00:51:25,625 --> 00:51:28,500
Drop that thing there. Put our CBO on it.
1530
00:51:28,750 --> 00:51:30,583
Chief vending officer with the GoPro
1531
00:51:30,583 --> 00:51:33,916
drones and we'll see you in Florida and
1532
00:51:33,916 --> 00:51:36,708
they made it and when the boat right. It
1533
00:51:36,708 --> 00:51:38,833
was a sponsor given to for ocean because
1534
00:51:38,833 --> 00:51:42,000
the deal with for ocean is when we were
1535
00:51:42,000 --> 00:51:43,583
building was selling electric boats.
1536
00:51:43,625 --> 00:51:46,416
We were giving X amount of dollar per
1537
00:51:46,416 --> 00:51:49,333
electric boat sold and also for rentals
1538
00:51:49,333 --> 00:51:52,291
and funny fact is as as this morning, my
1539
00:51:52,291 --> 00:51:54,500
kids are distributing bracelet from for
1540
00:51:54,500 --> 00:51:57,750
ocean door to door for and we're giving a
1541
00:51:57,750 --> 00:52:00,208
dollar back to each rentals from our
1542
00:52:00,208 --> 00:52:02,083
location in California for people who are
1543
00:52:02,083 --> 00:52:03,750
coming down with a bracelet to our rental
1544
00:52:03,750 --> 00:52:06,583
operation to sponsor and give more love.
1545
00:52:06,833 --> 00:52:09,458
People don't know all for ocean is being
1546
00:52:09,458 --> 00:52:11,666
proactive. There's like cleaning
1547
00:52:11,666 --> 00:52:14,458
waterways. Alex is a rock star superstar.
1548
00:52:14,458 --> 00:52:16,666
Amazing. And we need we need hundreds of
1549
00:52:16,666 --> 00:52:18,875
those guys. They're doing an amazing job.
1550
00:52:19,791 --> 00:52:22,083
And so it became when we arrived in Boca,
1551
00:52:22,375 --> 00:52:25,791
we gave them the pontoon. It was was a
1552
00:52:25,791 --> 00:52:27,208
very luxurious pontoon. I thought at
1553
00:52:27,208 --> 00:52:30,083
first that I could use it to put, I would
1554
00:52:30,083 --> 00:52:33,250
say remove garbage or floating plastic
1555
00:52:33,250 --> 00:52:34,125
bottles from the ocean.
1556
00:52:36,166 --> 00:52:39,000
I think I think it didn't make sense for
1557
00:52:39,000 --> 00:52:40,500
them to use that. So they use it more
1558
00:52:40,500 --> 00:52:42,000
like an office on the water because
1559
00:52:42,000 --> 00:52:44,458
that's from the back to the front. A huge
1560
00:52:44,458 --> 00:52:48,000
solar panel like very nice in glass with
1561
00:52:48,000 --> 00:52:50,541
windows that you can remove. And then you
1562
00:52:50,541 --> 00:52:51,750
can use that thing if it's raining
1563
00:52:51,750 --> 00:52:53,875
because keep in mind, they may they were
1564
00:52:53,875 --> 00:52:55,041
sleeping and moving from
1565
00:52:55,041 --> 00:52:56,583
that boat with the solar.
1566
00:52:57,625 --> 00:53:00,125
The the for the day that they did that in
1567
00:53:00,125 --> 00:53:03,041
a week and a half or two weeks slowly
1568
00:53:03,041 --> 00:53:07,333
driving down. So they did 13,000 miles on
1569
00:53:07,333 --> 00:53:08,250
that electric boats.
1570
00:53:08,625 --> 00:53:11,166
Along the coastal, like not just in the
1571
00:53:11,166 --> 00:53:13,458
river, but along the coastline, like
1572
00:53:13,458 --> 00:53:15,500
along the eastern US is that like they're
1573
00:53:15,500 --> 00:53:17,000
they were hugging the coast as they go
1574
00:53:17,000 --> 00:53:19,500
through. Yeah, from statue Liberty down
1575
00:53:19,500 --> 00:53:23,125
to Boca and got told a few weeks ago that
1576
00:53:23,125 --> 00:53:26,041
they sold it and they're using the funds
1577
00:53:26,041 --> 00:53:28,958
to actually grow the business because it
1578
00:53:28,958 --> 00:53:31,041
was it was too, too beautiful.
1579
00:53:32,083 --> 00:53:34,125
And it's better for them to have a skier
1580
00:53:34,125 --> 00:53:36,708
for different type of boat for what
1581
00:53:36,708 --> 00:53:38,500
they're using a bar. They needed a barge.
1582
00:53:38,791 --> 00:53:40,666
Yes, that's the thing. It was it was more
1583
00:53:40,666 --> 00:53:42,125
described to them as a barge when they
1584
00:53:42,125 --> 00:53:42,958
saw that thing coming
1585
00:53:42,958 --> 00:53:45,000
to their their places.
1586
00:53:46,375 --> 00:53:47,500
Well, and you're not putting your
1587
00:53:47,500 --> 00:53:49,583
mother-in-law father-in-law on a barge to
1588
00:53:49,583 --> 00:53:55,875
come down. It was and I could use that
1589
00:53:55,875 --> 00:53:57,666
pontoon anytime in the day because it was
1590
00:53:57,666 --> 00:53:59,000
covered. It was nice.
1591
00:53:59,000 --> 00:53:59,583
Beautiful. Beautiful.
1592
00:53:59,625 --> 00:54:02,250
And we have a great relationship with for
1593
00:54:02,250 --> 00:54:05,041
ocean and we need more people like them.
1594
00:54:05,041 --> 00:54:07,750
Yeah, absolutely. I think we had them on
1595
00:54:07,750 --> 00:54:09,083
the pot. We had Alex on the podcast
1596
00:54:09,083 --> 00:54:11,041
couple of years ago, talked about it's
1597
00:54:11,041 --> 00:54:13,791
just how he does everything the way he,
1598
00:54:13,791 --> 00:54:16,541
you know, in powers coastal communities,
1599
00:54:16,541 --> 00:54:18,166
not just in Florida, but all over the
1600
00:54:18,166 --> 00:54:20,375
world and, you know, pays them a living
1601
00:54:20,375 --> 00:54:21,583
wage and they get to you.
1602
00:54:21,625 --> 00:54:24,500
They get to their own management within
1603
00:54:24,500 --> 00:54:26,458
their own area, like in Bali and Haiti
1604
00:54:26,458 --> 00:54:27,958
and all over the place. I just think what
1605
00:54:27,958 --> 00:54:30,208
they're doing is absolutely fantastic. So
1606
00:54:30,208 --> 00:54:33,375
it's no doubt in my mind why it made
1607
00:54:33,375 --> 00:54:35,458
sense for you guys to partner with them
1608
00:54:35,458 --> 00:54:36,625
and to help them out.
1609
00:54:36,625 --> 00:54:38,208
I think it's I think it's fantastic.
1610
00:54:38,708 --> 00:54:40,083
Listen, Alexander, this has been
1611
00:54:40,083 --> 00:54:42,500
phenomenal. Like this has been eye
1612
00:54:42,500 --> 00:54:44,375
opening. It's gotten me very, very
1613
00:54:44,375 --> 00:54:46,000
excited about where
1614
00:54:46,000 --> 00:54:47,583
boating is going in the future.
1615
00:54:47,625 --> 00:54:51,000
And I think it's just it's a very helpful
1616
00:54:51,000 --> 00:54:53,000
thing when you think about people who
1617
00:54:53,000 --> 00:54:54,625
want to be more environmentally friendly
1618
00:54:54,625 --> 00:54:57,875
and they're in the boating community. And
1619
00:54:57,875 --> 00:55:00,541
I just feel like it's a it's a it's the
1620
00:55:00,541 --> 00:55:02,958
most logical next step for people who
1621
00:55:02,958 --> 00:55:05,291
want to who want to do wonderful boat. So
1622
00:55:05,291 --> 00:55:07,083
we're boating with their families and
1623
00:55:07,083 --> 00:55:08,458
stuff. I think it's I think it's great.
1624
00:55:09,083 --> 00:55:10,708
I want to thank you for taking time. I
1625
00:55:10,708 --> 00:55:12,375
know you're very, very busy man. So I
1626
00:55:12,375 --> 00:55:14,125
appreciate you taking the time. Love to
1627
00:55:14,125 --> 00:55:15,791
have you back. Talk more about electric
1628
00:55:15,791 --> 00:55:16,583
boats and where we're going to go in the future with them.
1629
00:55:16,625 --> 00:55:20,083
You know, down the line and it'd be a lot
1630
00:55:20,083 --> 00:55:22,916
of fun. Thank you for having me today.
1631
00:55:22,916 --> 00:55:26,791
But I would like to invite you on a boat
1632
00:55:26,791 --> 00:55:28,125
for the next interview. So you could
1633
00:55:28,125 --> 00:55:30,916
actually and the people could actually
1634
00:55:30,916 --> 00:55:33,333
have the touch and feel of it. So I think
1635
00:55:33,333 --> 00:55:34,208
it would be amazing.
1636
00:55:35,125 --> 00:55:36,666
If you want to do it, they deserve that.
1637
00:55:36,958 --> 00:55:38,000
And they're going to have a better
1638
00:55:38,000 --> 00:55:40,500
understanding. And that's my job. I need
1639
00:55:40,500 --> 00:55:42,000
to educate people. That's what I've been
1640
00:55:42,000 --> 00:55:44,833
doing for the past 15 years now. 14 years
1641
00:55:44,833 --> 00:55:45,583
I've been educating people. And I think the best thing to do is to help them out.
1642
00:55:45,625 --> 00:55:46,416
And I think that's what I've been doing for the past 15 years. I've been doing a lot of work with people and I think the
1643
00:55:46,416 --> 00:55:50,000
best way is using people like Alex or
1644
00:55:50,000 --> 00:55:53,708
yourself. People who have the touch of
1645
00:55:53,708 --> 00:55:55,291
what we're doing because you understand
1646
00:55:55,291 --> 00:55:57,625
it. So if I could put you on a boat with
1647
00:55:57,625 --> 00:56:00,041
your team, it would be a would be honored
1648
00:56:00,041 --> 00:56:02,500
to do that. And you're twisting my arm
1649
00:56:02,500 --> 00:56:03,583
here. This is what I'm doing.
1650
00:56:10,625 --> 00:56:14,416
We're going to be able to chat. It'll be
1651
00:56:14,416 --> 00:56:16,958
a lot of fun. Yeah, that would be
1652
00:56:16,958 --> 00:56:19,541
awesome. Thank you so much Alexander.
1653
00:56:19,791 --> 00:56:21,625
Thank you for joining us on today's
1654
00:56:21,625 --> 00:56:23,333
episode of the How to Protect the Ocean
1655
00:56:23,333 --> 00:56:25,166
podcast. Isn't it great to be able to
1656
00:56:25,166 --> 00:56:27,666
know that when you go out boating that as
1657
00:56:27,666 --> 00:56:29,916
you using your boat, as you're going from
1658
00:56:29,916 --> 00:56:31,291
one place to another, you're not going to
1659
00:56:31,291 --> 00:56:33,166
hear the motor. You can actually speak to
1660
00:56:33,166 --> 00:56:34,541
your family. You can actually speak to
1661
00:56:34,541 --> 00:56:36,208
the people in there and enjoy a quiet
1662
00:56:36,208 --> 00:56:38,708
time on the ocean. Not only that, but
1663
00:56:38,708 --> 00:56:39,583
think about how that reduces the amount of time you're going to be able to do that.
1664
00:56:39,625 --> 00:56:42,125
How that reduces noise underwater, just
1665
00:56:42,125 --> 00:56:45,250
not having that noise of a motor. I think
1666
00:56:45,250 --> 00:56:46,458
that's really important. I think there's
1667
00:56:46,458 --> 00:56:47,791
a lot of benefits that I was on the
1668
00:56:47,791 --> 00:56:51,250
mentioned in this episode and it's just a
1669
00:56:51,250 --> 00:56:52,458
new way of voting. It's going to be
1670
00:56:52,458 --> 00:56:54,291
something that's going to happen more and
1671
00:56:54,291 --> 00:56:55,791
more. And even though it doesn't take up
1672
00:56:55,791 --> 00:56:58,625
a huge amount of the, I guess the
1673
00:56:58,625 --> 00:57:00,750
recreational boating fleet, but it will
1674
00:57:00,750 --> 00:57:02,875
eventually. And I think it'll overtake it
1675
00:57:02,875 --> 00:57:04,708
as we get closer and more understanding
1676
00:57:04,708 --> 00:57:07,041
about electric boating is had by
1677
00:57:07,041 --> 00:57:08,583
everyone. So I want to thank Alexander for his time.
1678
00:57:08,625 --> 00:57:10,250
I want to thank Alexander for joining us.
1679
00:57:10,250 --> 00:57:12,791
You can go to Vision Marine technology.
1680
00:57:13,166 --> 00:57:16,250
So visionmarinetechnologies.com. And of
1681
00:57:16,250 --> 00:57:18,625
course, yeah, we'd love to hear from you
1682
00:57:18,625 --> 00:57:20,625
what you what you think of the of this
1683
00:57:20,625 --> 00:57:22,291
type of boating. Have you do have an
1684
00:57:22,291 --> 00:57:25,250
electric motor on your boat? If not, what
1685
00:57:25,250 --> 00:57:27,500
what entices you to do something in the
1686
00:57:27,500 --> 00:57:30,000
future like that? I get an electric boat
1687
00:57:30,000 --> 00:57:32,041
and what are your concerns? I'd love to
1688
00:57:32,041 --> 00:57:34,666
hear them. Hit me up on the socials with
1689
00:57:34,666 --> 00:57:36,208
links in the show notes. And of course,
1690
00:57:36,666 --> 00:57:37,208
if you want to support the
1691
00:57:37,208 --> 00:57:38,583
show, go to speakupforblue.com.
1692
00:57:38,625 --> 00:57:41,291
For slash patreon will put vision Marines
1693
00:57:41,291 --> 00:57:44,500
and Alexander's connect us connections
1694
00:57:44,500 --> 00:57:46,041
with social media connections in the show
1695
00:57:46,041 --> 00:57:46,958
notes as well. We want to thank
1696
00:57:46,958 --> 00:57:48,208
Alexander. We want to thank you for
1697
00:57:48,208 --> 00:57:50,000
joining us on today's episode of the how
1698
00:57:50,000 --> 00:57:51,583
to protect the ocean podcast. Have a
1699
00:57:51,583 --> 00:57:52,875
great day. We'll talk to you next time
1700
00:57:52,875 --> 00:57:53,875
and happy conservation.