ClearMarket and E-Cite Motors Opening the First All EV Dealership in the Cerritos Auto Square, the World's Largest Automall Launching a Nationwide EV Distribution and Service Network

Rhea-AI Summary

VaporBrands International, operating as E-Cite Motors Group (OTC PINK:VAPR), has opened its first exactCar E-Cite EV dealership in Cerritos, CA. This location is strategically positioned in the Cerritos Auto Square, attracting over 300,000 commuters daily. The dealership marks the beginning of a nationwide rollout to reach all 48 states by 2025 through a partnership with ClearMarket. ClearMarket’s CEO emphasized the potential for E-Cite’s custom electric vehicles to capture market share in underserved segments. E-Cite plans to enhance customer experience with a hybrid digital-physical sales model.

Positive

• Opening of the first exactCar E-Cite EV dealership in Cerritos, CA.
• Strategic location with high visibility to over 300,000 commuters daily.
• Nationwide expansion plan aims to cover all 48 states by 2025.
• Partnership with ClearMarket to enhance sales and service capabilities.
• Launch of ecommerce platform to facilitate nationwide sales.

Negative

• None.

BOTHELL, WA, March 22, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – VaporBrands International, Inc. dba E-Cite Motors Group, (OTC PINK:VAPR) a next generation specialty electric vehicle manufacturer, today announced the rollout of its exactCar E-Cite EV dealerships with the opening of its first dealership in Cerritos, CA.

exactCar E-Cite of Cerritos is located at 18120 Studebaker Road, Cerritos CA, 90703 on a prime corner of the Cerritos Auto Square, the World’s Largest Automall, and sits against the 605 freeway near the 5-freeway interchange, one of the nation’s busiest stretches of road, giving E-Cite’s EV brand visibility to over 300,000 commuters per day.

exactCar E-Cite of Cerritos is the brand’s first location in the U.S. and follows the recent agreement between E-Cite and ClearMarket to expand exactCar E-Cite dealerships into 48 states with a nationwide distribution and service network that is expected to reach 100 percent of the U.S. population by 2025.

ClearMarket’s CEO Kevin Azzouz remarked, “EV platform-based vehicle development will continue to empower high quality, highly specialized market-driven custom vehicle creators to take more market share over the next few years. E-Cite has demonstrated their ability to deliver specialized vehicles that address consumer market segments that are underserved with today’s vehicle offerings. We’re very excited to join E-Cite in pursuing this new automotive market trend.”

Gene Langmesser, E-Cite’s COO, stated, “We are thrilled to announce the opening of our first E-Cite location in Cerritos by ClearMarket. ClearMarket’s exactCar ecommerce platform and dealership hybrid model makes them a perfect partner to spearhead E-Cites sales, service and distribution network. Knowing that the sales and service process will be handled using the most refined and technologically advanced processes allows us to focus on our core competency which is to design and build iconic EV Vehicles.”

The upcoming exactCar E-Cite ecommerce website allows for any car to be sold to anyone, anywhere while brick-and-mortar dealerships allow consumers to take delivery of their new E-Cite EV from a trusted dealership nearby.

E-Cite’s next-generation website and physical EV dealerships are part of E-Cite and ClearMarket’s hybrid digital-physical commerce model following consumer trends showing that most consumers start the car shopping process online but want to buy a car in-person at a dealership.

ClearMarket’s success building automotive marketplaces and dealerships stems from their award-winning technologies and unsurpassed guest experience. 

About VaporBrands International, dba E-Cite Motors

http://www.ecitemotors.com (OTC PINK:VAPR) is a publicly traded company based in Bothell that is developing for manufacturing, state of the art electric vehicles utilizing the latest in technologies with a flare of some of the iconic autos of the past. VAPR recently acquired 100% ownership in E-Cite Motors, Acclaimed Automotive www.acclaimedauto.com, and N2A Motors http://www.n2amotors.com a California-based custom auto manufacturer and car factory specializing in designing, engineering and building prototype, concept, and limited production vehicles for OEMs, corporations, movies, and private owners. N2A was led by legendary designer Gene Langmesser who now serves as the COO of the combined operations.

CONTACT:
VaporBrands International, Inc. dba E-Cite Motors
ceo@ecitemotors.com 
ClearMarket Inc
gil@clearmarket.com

FAQ

What is the significance of the new dealership for VAPR?

The new dealership in Cerritos, CA, is significant as it marks VAPR's expansion into the electric vehicle market with plans for nationwide growth.

What are VAPR's future plans following the dealership opening?

VAPR plans to expand exactCar E-Cite dealerships into 48 states by 2025, enhancing its distribution and service network.

How does the Cerritos location benefit VAPR?

The Cerritos location benefits VAPR by providing high visibility to a large number of commuters, potentially increasing foot traffic and sales.

What is the expected impact of VAPR's partnership with ClearMarket?

The partnership with ClearMarket is expected to enhance VAPR's sales and service capabilities through a hybrid digital-physical commerce model.

What innovations is VAPR bringing to the EV market?

VAPR is focusing on specialized, high-quality electric vehicles that cater to underserved market segments.