AUSTIN, TX – December 23, 2023 – (Motor Sports NewsWire) – Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, today provided an important update and clarification regarding the development of its eagerly anticipated Stag model.
While we previously announced challenges related to supply chain issues, we wish to clarify that these challenges are specifically limited to two components. The focus of our attention is on two modules that require minor software and hardware updates. Following completion of the applicable updates, we will enter into a short term testing phase to ensure proper operation. Our team is diligently updating and verifying the software associated with these components to ensure they meet our uncompromising standards for quality and performance.
We are pleased to report that the remaining componentry of the Stag is in order, with componentry either on site or in route for production. Our manufacturer’s facility is primed and ready to commence the manufacturing of the vehicles for commerce as soon as the EPM and APM are functioning optimally.
In line with our commitment to excellence and national service, the initial shipments of the Stag will be dedicated to fulfilling our orders with the U.S. Army Corps. We believe this underscores our product’s robustness and suitability for demanding applications. Following the fulfillment of this contract, we will begin distribution to the broader public.
We are confident in our timeline and anticipate initiating shipments in the first quarter of 2024. This schedule is informed by the estimated timeline for testing and validation of the EPM and APM, and reflects our commitment to deliver a product that not only meets but exceeds expectations in the evolving landscape of electric powersports.
Volcon remains steadfast in its mission to revolutionize electric off road mobility, and we appreciate the patience and support of our customers and stakeholders as we approach this exciting milestone.
About Volcon, Inc.
Based in the Austin, Texas area, Volcon was founded as the first all-electric power sports 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.
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