Twin Vee Q3 revenues jump 114%

> Subscriber-only, By Craig Ritchie2022-11-08T15:33:00

High demand for ICE-powered catamarans helps offset losses in development of electric subsidiary

Florida, US-based fibreglass boat builder Twin Vee PowerCats released its 2022 third-quarter financial results on Tuesday, reporting double-digit increases in revenues that helped offset losses incurred in the development of its Forza X1 electric boat subsidiary.

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