Volcon Becomes Exclusive U.S. Distributor of Super Sonic (AODES) Golf Carts

AUSTIN, TX – February 4, 2025 – (Motor Sports NewsWire) – On January 31, 2025, Volcon ePowersports (“Volcon”) (NASDAQ: VLCN) signed an agreement to be the exclusive distributor of Super Sonic Company Limited (“Super Sonic”), a wholly owned subsidiary of ODES Industry (aka AODES), golf carts sold to original equipment manufacturers (“OEMs”) in the United States. Super Sonic (AODES) manufactures their golf carts in Vietnam under their own brand, AODES. They are responsible for manufacturing the Volcon MN1 Adventurer and MN1 Tradesman as well as golf carts for other OEMs.

John Kim, Volcon’s CEO, notes “We are excited for the opportunity to be the exclusive distributor of Super Sonic golf carts in the US. Super Sonic (AODES) has a strong history of golf cart sales in the US, which is why Volcon selected Super Sonic (AODES) to manufacture our golf carts. Their Vietnam manufacturing facility provides a competitive advantage due to lower tariffs for importing units compared to units coming from other Asian countries.”

The Golf Cart industry is in a unique state that could be favorable to buyers. According to the US Census Bureau 114,000 golf carts valued at $450 million, were imported from China to the US in 2023*. Recently, the American Personal Transportation Vehicle Manufacturer Coalition filed a petition against certain low-speed personal transportation vehicles imported from China. The petition asserted that manufacturers who received foreign government subsidies were able to import vehicles from China at a lower cost than manufacturing in their home countries. This created unfair trade practices. The Department of Commerce reviewed Chinese manufacturers who sold such vehicles and determined that they were unfairly competing due to such government subsidies. As a result, countervailing duties and antidumping tariffs were assigned to Chinese manufacturers, which cumulatively range from 149% to 500% (depending on the manufacturer).

Volcon’s secure relationship with Super Sonic (AODES) in Vietnam translates to golf carts being taxed at 2.5% as opposed to up to 500% for units from China. This leaves a potentially large opportunity to sell more units to dealers and big box retailers such as Lowes, Home Depot, Tractor Supply, and Bass Pro Shop–all of which source their golf carts from Chinese manufacturers. A more detailed summary can be found in Volcon’s Golf Cart Tariff overview below.

Further, Mr. Kim states “Super Sonic (AODES)…