AUSTIN, TX – December 21, 2023 – (Motor Sports NewsWire) — Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, shared operational updates today, including sales growth and an expansion of its distribution network during the holiday shopping season. The company has seen an increase in sales for its EVO and Volcon Youth Motorcycle lines as well as Brat e-bikes, attributing much of this success to effective holiday promotions and steady production advancements.
Stag Model Update: The development of the Stag model has encountered some challenges, particularly with supply chain related issues. The company is working closely with vendors to ensure these issues are comprehensively addressed. Volcon is committed to releasing a product that meets the highest standards of quality, safety, and performance. Volcon will provide further updates once a final release date is determined.
Holiday Sales: The EVO and Volcon Youth Motorcycles and Brat e-bikes have experienced growth in sales, buoyed by the season’s promotional activities. This period has proven to be a critical time for Volcon ePowersports, showcasing the increasing popularity and demand for electric off-road vehicles.
Promotional Success: The company’s targeted holiday promotions for the Brat and Youth products have resulted in an increase in sales volume. These promotions have not only bolstered sales but also enhanced the brand’s visibility and appeal among a broader range of consumers.
Steady EVO Production and Americas Distribution: In a major operational milestone, the EVO model has achieved steady production and is now being shipped to a wide network of dealers and distributors across the Americas. This marks a pivotal step in Volcon ePowersports’ commitment to providing accessible and innovative off-road electric vehicles.
New Zealand Market Expansion: Expanding its global footprint, Volcon ePowersports has successfully introduced the Grunt EVO and Brat series into New Zealand. This expansion is a testament to the brand’s growing international appeal and its capability to meet diverse market needs.
Customer Purchase Advisory: With the holiday promotions nearing their end, Volcon encourages customers to promptly reach out to their local dealers to purchase these in-demand products. For assistance in locating or contacting a dealer, customers can directly contact Volcon for support.
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