Motorsport News

Volcon ePowersports Reports 2021 Financial Results and Provides Corporate Review

Volcon Tops 36 Dealers with Close to 350 Dealership Applications Now in the Queue

Volcon reports financial results for 2021 and provides
a corporate update on its business

AUSTIN, TX – March 24, 2022 – (Motor Sports NewsWire) – Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), an all-electric, off-road powersports company, today reported its financial results for 2021. The Company also provided a corporate update on its business from the past calendar year.

Company Highlights:

Launched development of our two and four-wheeled vehicles in October 2020, less than one year after the formation of the Company.
Began taking direct-to-consumer (DTC) orders for the Grunt, our first motorcycle, in late 2020.
Shipped our first Grunt in September 2021, less than a year from the start of vehicle development.
 Completed our initial public offering (IPO) and listing on the NASDAQ under the ticker symbol VLCN in October 2021 and a follow-on public offering in February 2022.
 Signed distribution agreements for Mexico, Costa Rica, Paraguay, Guatemala,…

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