Volcon Announces Additional Trim Levels and Options for Stag Ahead of October Production Launch
13 Setembro 2023 - 10:17AM
Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first
all-electric, off-road powersports company, announced today an
expansion of the Stag UTV lineup to include a Limited Edition (LTD)
trim and three additional trim levels of the Company’s flagship
product. The new trim levels provide a wider array of options and
price points, which the company believes will meet the needs and
budgets of a broader base of customers, including off-road
enthusiasts, fleet managers, government entities, and those looking
for additional outdoor recreation opportunities.
The new trim levels include the Stag GL, Stag GL+, Stag Limited
Edition (LTD) and the Stag XR Performance. The GL and GL+ trim
levels utilize automotive grade battery components that have been
repackaged specifically for the Stag, allowing Volcon to extend the
life of lithium that has already been sourced while retaining a
high level of off-road performance. The GL trim will offer the more
cost conscious, utility-focused customer an affordable option to
electrify their fleet, job site, or outdoor activities. The GL+
provides additional horsepower, upgraded options, and crosses the
boundaries between work and play. The Stag LTD and XR Performance
lean into high performance, including upgrades in battery capacity
and horsepower, taking the Stag to class leading levels of off-road
performance and capability.
“The automotive and powersports industries have gone through
substantial changes over the last few years. A major contributing
factor has been global supply issues as a result of the pandemic,
in addition to the general demand for EV’s increasing as OEMs are
encouraged to produce electric options. This creates very specific
challenges for a mature industry, and for a new OEM like Volcon,
it’s been particularly complex to address,” said Jordan Davis,
Chief Executive Officer of Volcon. “We believe that by offering a
broader range of best-in-class electric UTVs, we are meeting the
challenges head on. Not only are we offering customers a wider
range of price points which offers more affordable solutions to
cost conscious customers, but we are working on diversifying our
supply chain to address the rising costs of EV components,” Davis
continued.
The Company will be launching the Stag Limited Edition this week
at the Sand Sport Super Show in Costa Mesa, California and
encourages those who can to come see the Stag LTD in person from
September 15 through the 17. To view the Stag LTD and all the
latest trim level updates, visit the company website at
www.volcon.com/stag.
About Volcon, Inc
Based in the Austin, Texas area, Volcon was founded as the first
all-electric powersports company producing high-quality and
sustainable electric vehicles for the outdoor community. Volcon
electric vehicles are the future of off-roading, not only because
of their environmental benefits, but also because of their near
silent operation, which allows for a more immersive outdoor
experience.
Volcon's 2023 vehicle roadmap includes both motorcycles and UTVs
hitting the market in North America. Its first product, the
innovative Grunt, has been shipping to customers since late 2021
and combines a fat-tired physique with high-torque electric power
and a near-silent drive train. The Volcon Grunt EVO, an evolution
of the original Grunt with a belt drive, an improved suspension and
seat, is expected to begin shipping to customers in September 2023.
Volcon also announced the launch of the Runt LT in the fourth
quarter of 2023. The Runt LT is a fun-sized version of the
groundbreaking Grunt, is better suited for small statured riders,
more compact properties and trails, or as a pit bike at race
events, while still delivering robust off-road capabilities. The
Brat is Volcon’s first foray into the wildly popular eBike market
for both on road and off-road riding and is currently being
delivered to dealers across North America. Volcon is also currently
delivering the Volcon Youth Line of dirt bikes for younger riders
between the ages of 4 to 11. Volcon debuted the Stag in July 2023
and entered the rapidly expanding UTV market. The Stag empowers the
driver to explore the outdoors in a new and unique way that
gas-powered UTVs cannot. The Stag offers the same thrilling
performance of a standard UTV without the noise (or pollution),
allowing the driver to explore the outdoors with all their
senses.
Volcon Contacts:
For Media: media@volcon.com For Dealers: sales@volcon.com For
Investors: investors@volcon.com
Volcon Products:
Volcon Stag: https://www.volcon.com/stagVolcon
Brat: https://www.volcon.com/bratVolcon Grunt:
https://www.volcon.com/grunt-evoVolcon
Runt: https://www.volcon.com/runt-ltVolcon Youth
Line: https://www.volcon.com/youth
Forward-Looking Statements
Some of the statements in this release are forward-looking
statements, which involve risks and uncertainties. Forward-looking
statements in this press release include, without limitation,
whether the Company can begin production of the Stag to meet
expected deliveries to customers beginning in October 2023, whether
production of the Grunt EVO and delivery to customers will occur in
September 2023 and whether production of the Runt LT will occur in
the fourth quarter of 2023. Although the Company believes that the
expectations reflected in such forward-looking statements are
reasonable as of the date made, expectations may prove to have been
materially different from the results expressed or implied by such
forward-looking statements. The Company has attempted to identify
forward-looking statements by terminology including ''believes,''
''estimates,'' ''anticipates,'' ''expects,'' ''plans,''
''projects,'' ''intends,'' ''potential,'' ''may,'' ''could,''
''might,'' ''will,'' ''should,'' ''approximately'' or other words
that convey uncertainty of future events or outcomes to identify
these forward-looking statements. These statements are only
predictions and involve known and unknown risks, uncertainties, and
other factors. Any forward-looking statements contained in this
release speak only as of its date. The Company undertakes no
obligation to update any forward-looking statements contained in
this release to reflect events or circumstances occurring after its
date or to reflect the occurrence of unanticipated events. More
detailed information about the risks and uncertainties affecting
the Company is contained under the heading “Risk Factors” in the
Company’s Annual Report on Form 10-K and subsequently filed
Quarterly Reports on Form 10-Q and Current Reports on Form 8-K
filed with the SEC, which are available on the SEC’s website,
www.sec.gov.
Volcon (NASDAQ:VLCN)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
Volcon (NASDAQ:VLCN)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024