21st Century Entrepreneurship

← 21st Century Entrepreneurship26 sept. · 19 min

#550 Alexandre Mongeon: Can $5 Replace $350 in Boat Fuel?

#550 Alexandre Mongeon: Can $5 Replace $350 in Boat Fuel?26 sept.19 min

Alexandre Mongeon is a CEO and co-founder of Vision Marine Technologies. Alex has been building electric boats since 2013, and we spoke about what it takes to turn a technology people doubt into something they can actually trust and use. Electric boats spent generations associated with slow trolling speeds, but Alexandre says his team reached 116 mph in 2023, while cutting maintenance by about 90%. On operating cost, his comparison is even sharper: roughly $5 of electricity for a full day ver...