The Minnesota-based company says it will offer an electric vehicle in each of its core product segments by 2025.
The company's CEO expressed hope that the situation will improve soon.
Boat Holdings is the owner of brands including Bennington and Hurricane.
Oh – and it's just recalled another 1,000 vehicles.
ATVs, motorcycles and snowmobiles were selling briskly for Polaris Industries Inc., leading a strong third quarter, company officials said Thursday, the Star Tribune reports. Demand was high for Polaris' all-terrain vehicles and Victory motorcycles in North America, and early demand for snowmobile sales surged where there's always plenty of snow – in Russia and Scandinavia.
Boosted by double-digit sales growth across all of its product lines, Polaris Industries Inc. posted a net income of $94.3 million, a 40 percent jump from $67.6 million in the third quarter a year-ago, the Associated Press reports. The Medina-based all-terrain vehicles maker also lifted its full-year outlook for the third time.