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Octillion Expands Supplier Agreement with Vision Marine to Power Next-Gen Electric Boats from its Nevada, USA Facility

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Vision Marine Technologies (NASDAQ: VMAR) has expanded its partnership with Octillion Power Systems to manufacture high-voltage lithium-ion battery packs for their E-Motion™ 180E electric outboard system at Octillion's Reno, Nevada facility. The battery packs are specifically designed for marine propulsion and will be exclusively distributed in the U.S. market.

The partnership leverages Octillion's expertise in battery technology and manufacturing, with the new Vision-branded battery systems offering increased power, extended range, and improved overall performance. The collaboration builds on previous successes, including setting multiple electric world speed boat records.

Manufacturing in Nevada will provide Vision with a secure U.S. battery supply chain and faster scaling capabilities through centralized production and simplified OEM integration.

Vision Marine Technologies (NASDAQ: VMAR) ha ampliato la sua collaborazione con Octillion Power Systems per la produzione di batterie agli ioni di litio ad alta tensione destinate al sistema fuoribordo elettrico E-Motion™ 180E, presso lo stabilimento di Octillion a Reno, Nevada. Le batterie sono progettate specificamente per la propulsione marina e saranno distribuite esclusivamente nel mercato statunitense.

La partnership sfrutta l'esperienza di Octillion nella tecnologia e produzione di batterie, con i nuovi sistemi a marchio Vision che offrono maggiore potenza, autonomia estesa e prestazioni complessive migliorate. La collaborazione si basa sui successi precedenti, tra cui il record mondiale di velocità per barche elettriche.

La produzione in Nevada garantirà a Vision una catena di approvvigionamento di batterie sicura negli Stati Uniti e una capacità di scalabilità più rapida grazie alla produzione centralizzata e all'integrazione OEM semplificata.

Vision Marine Technologies (NASDAQ: VMAR) ha ampliado su asociación con Octillion Power Systems para fabricar paquetes de baterías de iones de litio de alto voltaje para su sistema fuera de borda eléctrico E-Motion™ 180E en la instalación de Octillion en Reno, Nevada. Los paquetes de baterías están diseñados específicamente para la propulsión marina y se distribuirán exclusivamente en el mercado de EE. UU.

La alianza aprovecha la experiencia de Octillion en tecnología y fabricación de baterías, con los nuevos sistemas de baterías de marca Vision que ofrecen mayor potencia, mayor alcance y un rendimiento general mejorado. La colaboración se basa en éxitos previos, incluyendo la consecución de múltiples récords mundiales de velocidad para botes eléctricos.

La fabricación en Nevada proporcionará a Vision una cadena de suministro de baterías segura en EE. UU. y una capacidad de escalado más rápida mediante la producción centralizada y una integración OEM simplificada.

Vision Marine Technologies (NASDAQ: VMAR)는 Octillion Power Systems와의 파트너십을 확대하여 네바다주 리노에 위치한 Octillion 시설에서 E-Motion™ 180E 전기 외부 엔진 시스템용 고전압 리튬 이온 배터리 팩을 제조합니다. 이 배터리 팩은 해양 추진용으로 특별히 설계되었으며 미국 시장에서 독점적으로 유통될 예정입니다.

이번 파트너십은 배터리 기술 및 제조 분야에서 Octillion의 전문성을 활용하며, 새롭게 선보이는 Vision 브랜드 배터리 시스템은 향상된 출력, 연장된 주행 거리 및 전반적인 성능 개선을 제공합니다. 이 협력은 여러 전기 속도 보트 세계 기록을 세운 이전 성공을 기반으로 합니다.

네바다에서의 제조는 Vision에 안전한 미국 내 배터리 공급망과 중앙집중식 생산 및 간소화된 OEM 통합을 통한 빠른 확장 능력을 제공할 것입니다.

Vision Marine Technologies (NASDAQ : VMAR) a étendu son partenariat avec Octillion Power Systems pour fabriquer des batteries lithium-ion haute tension destinées à leur système hors-bord électrique E-Motion™ 180E, dans l'usine d'Octillion à Reno, Nevada. Ces batteries sont spécialement conçues pour la propulsion marine et seront distribuées exclusivement sur le marché américain.

Ce partenariat s'appuie sur l'expertise d'Octillion en technologie et fabrication de batteries, les nouveaux systèmes de batteries sous la marque Vision offrant plus de puissance, une autonomie étendue et une performance globale améliorée. Cette collaboration fait suite à des succès antérieurs, notamment l'établissement de plusieurs records mondiaux de vitesse pour bateaux électriques.

La production au Nevada assurera à Vision une chaîne d'approvisionnement sécurisée aux États-Unis et une capacité d'expansion plus rapide grâce à une production centralisée et une intégration OEM simplifiée.

Vision Marine Technologies (NASDAQ: VMAR) hat seine Partnerschaft mit Octillion Power Systems ausgeweitet, um Hochvolt-Lithium-Ionen-Batteriepacks für das E-Motion™ 180E Elektromotor-Außensystem in der Einrichtung von Octillion in Reno, Nevada, herzustellen. Die Batteriepacks sind speziell für den marine Antrieb konzipiert und werden exklusiv auf dem US-Markt vertrieben.

Die Partnerschaft nutzt Octillions Expertise in Batterietechnologie und -fertigung, wobei die neuen Vision-Batteriesysteme mehr Leistung, größere Reichweite und verbesserte Gesamtleistung bieten. Die Zusammenarbeit baut auf bisherigen Erfolgen auf, darunter das Aufstellen mehrerer elektrischer Weltrekorde für Schnellboote.

Die Fertigung in Nevada bietet Vision eine sichere US-Batterieversorgungskette und schnellere Skalierungsmöglichkeiten durch zentrale Produktion und vereinfachte OEM-Integration.

Positive
  • Strategic U.S.-based manufacturing location in Nevada enhances supply chain security and distribution efficiency
  • Enhanced battery specifications with increased power and extended range
  • Access to Octillion's proven manufacturing expertise with over 2 million battery systems produced
  • Exclusive U.S. market distribution rights for marine propulsion batteries
Negative
  • None.

Insights

VMAR's expanded battery partnership with Octillion brings U.S.-based manufacturing, improved performance, and supply chain advantages.

Vision Marine's expanded agreement with Octillion represents a strategic supply chain enhancement that addresses several critical business dimensions. By shifting battery production to Octillion's Nevada facility, VMAR gains geographic manufacturing advantages - reducing logistics costs and delivery times while potentially qualifying for domestic content requirements in certain markets.

The partnership delivers three substantial operational benefits: First, a secure and reliable U.S. battery supply chain provides insulation from international shipping disruptions and potential tariffs. Second, the centralized Nevada location offers optimized distribution logistics for the U.S. market. Third, leveraging Octillion's established manufacturing expertise (with over 2 million battery systems deployed) significantly reduces production ramp-up time.

Most significant are the technological improvements in the new battery systems - increased power, extended range, and enhanced integration capabilities directly address key adoption barriers in the marine electric propulsion market. The purpose-built marine design also creates potential competitive advantages, as these batteries are specifically engineered for the harsh conditions of marine environments rather than adapted from other applications.

The exclusive U.S. distribution agreement suggests VMAR is taking a territory-focused approach to market development, potentially allowing for more concentrated marketing efforts and specialized distribution partnerships in their home market.

RICHMOND, Calif., July 21, 2025 /PRNewswire/ -- Octillion Power Systems ("Octillion", or the "Company"), a California-based global-leading supplier of advanced high-density lithium-ion battery packs for electric vehicles of all types—today announced that it has expanded its existing partnership with Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision") to produce high-voltage lithium-ion battery packs for their marine propulsion systems from Octillion's Reno, Nevada manufacturing facility.

Under the terms of the agreement, Octillion will manufacture Vision-branded battery packs for their E-Motion™ 180E electric outboard system, exclusively for U.S. market distribution. These are believed to be the first-known battery packs created from the ground-up for electric marine propulsion, built to withstand harsh marine environments while delivering high energy density, durability, and ease-of-integration—making them well-suited for both commercial and recreational marine use.

"As Vision accelerates its growth in the U.S. market, we're excited to power their next chapter in performance electric boating by providing our battery technology and manufacturing expertise, producing from our Nevada facility," said Paul Beach, Global President of Octillion. "Our past collaborations included setting multiple electric world speed boat records, which demonstrated that high-performance engineering is in our collective DNA."

By accessing Octillion's battery technology leadership, Vision will gain fast and cost-efficient production and distribution, a secure and reliable U.S. battery supply chain, all reinforced by Octillion's trademark quality standards that have fielded over 2 million battery systems in 16 years of operating history. Furthermore, the new Vision-branded battery systems will benefit from important technological gains from their current product line, including: increased power, extended range, ease-of-integration, and total overall performance.

"Octillion is a world-class battery systems partner. From past collaborations, we've seen firsthand their ability to deliver on what matters most: integrity, quality, performance, and cost," said Alexandre Mongeon, CEO of Vision Marine Technologies. "Expanding our partnership provides direct access to Octillion's cutting-edge battery innovations. Manufacturing in Reno, Nevada further enables us to scale faster via a centrally located supply chain, ease of OEM integration, and in bringing our E-Motion™ electric outboard systems to a substantial consumer market in the States."

With 11 manufacturing facilities across the United States, India, and China—and its strong foundation in the Bay Area—Octillion stands at the forefront of the global transition to clean energy in electric transportation and energy storage systems of various types. As a trusted partner in large-scale battery electrification projects, Octillion continues to power the future of electric transportation worldwide with their commitment to providing clients with Purpose Built Power™.

Learn more about Octillion Power Systems and its role in shaping the renewable energy landscape at www.octillion.us.

About Octillion Power Systems

Octillion is a California-based Tier 1 supplier of innovative high-density lithium-ion battery systems and related technology focused on the electrification of major industries such as: Automotive, Off-Highway, Construction, Agriculture, Marine, and ESS. With 11 manufacturing facilities worldwide, in the U.S., India, and China, Octillion has delivered more than 2 million EV battery systems to clients, which have driven over 4.5 billion kilometers on roadways. Octillion's clients gain a turnkey solution from initial custom battery system design, with extensive thermal modeling and fully integrated battery management systems, all the way through to high-volume, standardized manufacturing, with exceptional white glove service.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/octillion-expands-supplier-agreement-with-vision-marine-to-power-next-gen-electric-boats-from-its-nevada-usa-facility-302501410.html

SOURCE Octillion Power Systems

FAQ

What is the new partnership between Vision Marine (NASDAQ: VMAR) and Octillion Power Systems?

Octillion will manufacture Vision-branded high-voltage lithium-ion battery packs for Vision's E-Motion™ 180E electric outboard system at their Reno, Nevada facility, exclusively for U.S. market distribution.

What are the key benefits of Vision Marine's new battery packs manufactured by Octillion?

The battery packs offer increased power, extended range, improved overall performance, and are specifically designed to withstand harsh marine environments while delivering high energy density and durability.

Where will Vision Marine's new battery packs be manufactured?

The battery packs will be manufactured at Octillion's Reno, Nevada manufacturing facility in the United States.

What is Octillion's track record in battery manufacturing?

Octillion has produced over 2 million battery systems in 16 years of operating history and operates 11 manufacturing facilities across the United States, India, and China.

How will the Nevada manufacturing location benefit Vision Marine (VMAR)?

The Nevada location provides Vision with a secure U.S. battery supply chain, centralized production, easier OEM integration, and faster scaling capabilities for the U.S. market.
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