Consortium of Quebec investors to purchase Lion Electric
The rear door of the Lion C electric bus, manufactured in Quebec, is seen in the Lion Electric Company assembly plant in St-Jerome, Que., Monday, Aug. 21, 2023. (THE CANADIAN PRESS/Christinne Muschi)
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National Post
2 hours ago
- National Post
ACEL Power Partners With Vector Náutico to Launch MOLA-e Electric Boat Line in Spain
Article content VANCOUVER, British Columbia & MADRID — ACEL Power, a leader in intelligent electric propulsion systems, is pleased to announce a strategic partnership with Vector Náutico, a respected boat builder based in Madrid. The collaboration introduces MOLA-e powered by ACEL, a new line of eco-conscious electric boats designed for coastal and inland cruising. Article content This partnership marks ACEL Power's official entry into the Spanish market—an important step in its European expansion strategy. As demand for sustainable marine solutions grows across the EU, this alliance underscores both companies' shared commitment to innovation and environmental responsibility. Article content 'We are excited to partner with Vector Náutico, an innovative builder committed to sustainability,' said Natasha Chawla, VP of Sales and Marketing at ACEL Power. 'The MOLA line aligns perfectly with our 50HP and 75HP Intelligent Electric Series, powered by 32 kWh and 43 kWh LFP battery packs. These systems deliver high energy density, extended lifecycle, and enhanced thermal stability—offering zero-emission propulsion without compromising performance.' Article content 'Working with ACEL Power brings our vision for the next generation of electric boats to life,' said Rus Kochman, CEO of Vector Náutico. 'The MOLA-e is elegant, efficient, and built for modern boaters who value reliability and sustainability.' Article content The 5.99-meter MOLA blends the design of a luxury yacht with the accessibility of a day cruiser. Its optimized hull geometry maximizes range and handling, while wide swim platforms offer easy water access—ideal for lake cruising, coastal exploration, and eco-tourism. Article content Available Configurations: Article content Both setups are fully integrated and engineered for quiet, efficient, zero-emission cruising. Article content The first MOLA units will debut in mid-2025, with sea trials and showcase events scheduled throughout Spain. Pricing and customization options will be announced soon. Article content This partnership further accelerates ACEL Power's mission to lead the marine industry's transition to clean, intelligent propulsion—region by region, boat by boat. Article content For more information, visit: About ACEL Power ACEL Power, headquartered in Vancouver, Canada, is a pioneering manufacturer of electric outboard propulsion systems, leading the marine industry in innovation and sustainability. Noted for introducing the world's first mass-produced 50 and 75HP electric motors, ACEL Power is committed to shaping a sustainable future through the creation of a smart electric eco-system. With a forward-looking vision, ACEL aims to offer a comprehensive range from 1HP to 650HP, establishing new benchmarks for marine propulsion in performance, safety, and longevity. Leveraging patented technology and integrated software solutions, ACEL Power is driving change towards a cleaner, more efficient boating experience. Article content About Vector Náutico Article content Article content Article content Article content Article content Contacts Article content Media Inquiries: Article content ACEL Power Inc. Natasha Chawla, VP Sales & Marketing Email: natasha@ Article content
CTV News
3 hours ago
- CTV News
SAAQclic ‘bumpy' as early as 2018, witness tells Gallant commission
The Gallant Commission, tasked with investigating the failures of the Société de l'assurance automobile du Québec (SAAQ) IT transition, on May 15, 2025, in Quebec City. (The Canadian Press/Jacques Boissinot) The digital transition at Quebec's automobile insurance board (SAAQ) was already 'bumpy' in 2018, the commission investigating the SAAQclic fiasco heard Monday. Sylvain Cloutier, director of the project office, testified before the Gallant commission, which travelled to Quebec City to begin its sixth week of hearings. He spoke about the coloured indicators used by his team to track progress — markers that, without clear explanation, often shifted from red to green. 'When things become increasingly chaotic, doesn't accountability matter?' asked Justice Denis Gallant, pressing Cloutier on his apparent lack of control over how the colours were assigned. Cloutier said the indicators 'on their own weren't enough' to give a full picture of the project's status. The board's vice-president of information technology, Karl Malenfant, would regularly step in to offer 'explanations.' Malenfant's name has surfaced repeatedly over the past six weeks at the Gallant commission. 'There were problems, but Mr. Malenfant didn't try to hide them,' said Cloutier. 'He's an experienced man. He's led major projects at Hydro-Québec, at Rio Tinto. He knows what he's talking about. He came in to explain things and reassure the team — not reassure as in spinning stories,' Cloutier added. 'Was everyone aware?' commission lawyer Vincent Ranger asked. 'Was Mr. Malenfant transparent about how difficult the rollout was?' 'Yes,' Cloutier replied. 'Would it be fair to say Mr. Malenfant is naturally optimistic?' Ranger followed up. 'Yes, that's true,' Cloutier said. 'But not in a head-in-the-clouds way. He likes a challenge.' 'I didn't take bribes' Cloutier also admitted Monday to manipulating a public tender worth over $1 million so it would be awarded to external consultant Stéphane Mercier. 'That was my mistake,' Cloutier acknowledged under questioning from Justice Gallant. 'I'm not saying what I did was right. But I take responsibility — it was me.' In 2017, Cloutier urgently requested the bidding threshold be lowered to $990,000 after Mercier informed him he couldn't qualify for the contract because he didn't have authorization from Quebec's financial markets authority. That authorization is required for contracts valued at more than $1 million. 'I was in a panic,' Cloutier said, recalling thinking, 'If I don't have this guy to keep going, we're in deep trouble (…) I'm losing expertise.' 'I did it with the intention of not delaying the project,' he said. 'I didn't take any bribes. I'm not going on fishing trips. I'm not sailing around on a yacht. That's not what this is.' This report by The Canadian Press was first published in French June 9, 2025.
CTV News
4 hours ago
- CTV News
CTV National News: Cruise industry hoping to capitalize on travellers avoiding the U.S.
Paul Hollingsworth explains how Canada's cruise industry in eastern Canada is hoping to benefit from a growing reluctance to travel to the U.S. this season.
