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VaporBrands International, Inc. (OTC: VAPR), doing business as E-Cite Motors Group, is a publicly traded company based in Bothell, Washington. The company is at the forefront of developing and manufacturing state-of-the-art electric vehicles (EVs), blending cutting-edge technology with a nod to the iconic automobiles of the past. VaporBrands acquired 100% ownership in E-Cite Motors, Acclaimed Automotive, and N2A Motors, a California-based custom auto manufacturer and car factory renowned for designing, engineering, and building prototypes, concept cars, and limited production vehicles for OEMs, corporations, movies, and private owners.
E-Cite Motors is recognized for several pioneering achievements in the electric vehicle industry. The company recently announced it had exceeded the target amount of its Regulation CF offering, as filed with the SEC. This capital will be directed towards financing the manufacturing of its production vehicles and other general business purposes. E-Cite Motors has made history by being the first vehicle manufacturer under the Low Volume Manufacturers Act to receive approval from the California Air Resources Board (CARB) to proceed with the certification process for new EV vehicles. Additionally, E-Cite was the first to get any vehicle approved by the National Highway Traffic Safety Administration (NHTSA), allowing it to produce its own Vehicle Identification Numbers (VINs) and sell vehicles worldwide.
Recent developments include the launch of new EV models, such as the EV-C3, which resembles a modernized version of a classic sportscar from the late '60s to '70s. E-Cite has also announced plans to offer gasoline-powered versions of its mid-engine sports car models, catering to both EV and ICE enthusiasts. The company is actively working towards reducing its debt and strengthening its balance sheet by canceling old notes and paying off convertible notes.
E-Cite's vehicles are meticulously engineered, featuring aerospace aluminum chassis, mid-engine configurations, proprietary composite bodies, and advanced suspension systems. The company continues to work closely with CARB to pave the way for future certifications, ensuring its vehicles meet stringent regulatory standards. Under the leadership of CEO Barry Henthorn and COO Gene Langmesser, E-Cite Motors is poised to make a significant impact in the automotive industry.
For more information, visit www.ecitemotors.com.
VaporBrands International, dba E-Cite Motors Group (OTC PINK:VAPR), has announced a partnership with Ford to supply Eluminator M-9000-MACHE motors for its new affordable electric sportscar, the "E-CGT." The motors feature peak power of 281hp and torque of 317 lb.-ft, with a max speed of 13,800 rpm. E-Cite aims to deliver its first vehicles within 12 months, benefiting from the Low Volume Vehicle Manufacturers Act, allowing it to bypass traditional certification costs. The E-CGT will be produced in two versions, one fiberglass and the other carbon fiber, catering to different performance needs.
VaporBrands International, Inc. (OTC PINK:VAPR) has partnered with Ford to supply its Eluminator M-9000-MACHE motors at a discount for the new E-CGT electric sports car. The motor, shared with the Mustang Mach E GT, offers 281hp and 317 lb-ft of torque. E-Cite aims to deliver its first production vehicles by the 2023 model year, leveraging the Low Volume Vehicle Manufacturers Act of 2015 to bypass traditional auto manufacturing regulations. This partnership is crucial as E-Cite tackles supply chain challenges and establishes itself in the EV market.
VaporBrands International (OTC PINK:VAPR) has announced its new electric sportscar, the E-CGT, currently in development. This two-seat vehicle features a modern design reminiscent of classic cars from the late 60s and early 70s, with an innovative removable hardtop. The E-CGT will have both an entry-level fiberglass model and a higher-performance variant with a carbon fiber body. E-Cite aims to deliver production vehicles in less than 12 months, leveraging the Low Volume Vehicle Manufacturers Act of 2015, enabling faster market entry without traditional safety certification costs.
VaporBrands International, operating as E-Cite Motors Group (OTC PINK:VAPR), has applied for a World Manufacturers Identifier from SAE International. This identifier is crucial for obtaining a Vehicle Identification Number (VIN) for their new electric vehicles. E-Cite plans to deliver its first production vehicles for the 2023 model year, significantly faster than traditional manufacturers due to exemptions under the Low Volume Vehicle Manufacturers Act of 2015. The company aims to produce a range of vehicles, including high-performance models.
VaporBrands International, Inc. (OTC PINK:VAPR) announced a buyback of 5,000,000 shares related to the acquisition of the Oasis Spectrum Brand. The CEO returned an equivalent number of shares without compensation, leading to a reduction in outstanding shares from 337,182,654 to 327,182,654. This move aims to minimize dilution and enhance shareholder value. E-Cite Motors, a subsidiary, plans to deliver production vehicles for the 2023 model year, benefiting from the Low Volume Vehicle Manufacturers Act that facilitates faster market entry and reduced regulatory burdens.
VaporBrands International, Inc. (OTC PINK:VAPR) was featured in an article by EV Auto Insider, recognized as an AMAZING EV investment. The article contrasts its offerings with those of Tesla, highlighting investment pitfalls. E-Cite Motors, a subsidiary of VAPR, is noted for its innovative electric vehicles, distancing itself from categorization as 'Kit Cars'. The company has made significant moves, including acquiring 100% of E-Cite Motors, Acclaimed Automotive, and N2A Motors, enhancing its manufacturing capabilities in the electric vehicle sector.
VaporBrands International, Inc. (OTC PINK:VAPR) has achieved the 'Current Information' Pink tier designation from OTC Markets Group after submitting required financial disclosures and an attorney letter. This tier reflects the company's compliance with OTC reporting standards. VAPR also submitted a Change of Control application. The company plans to change its name and stock symbol to better align with its business focus. E-Cite Motors, a recent acquisition, is set to launch electric vehicles under the Low Volume Vehicle Manufacturers Act, significantly reducing the time needed to market new production vehicles.
VaporBrands International, Inc. (OTC PINK:VAPR) has completed development of its modular chassis for electric vehicles, marking a significant advancement in its manufacturing capabilities. The chassis, designed for various vehicle configurations, allows for speeds exceeding 250 mph. COO Gene Langmesser stated that this transition from design to physical assembly enables the company to aim for production vehicles by the 2023 model year, leveraging the Low Volume Vehicle Manufacturers Act of 2015 for regulatory advantages. The fully modular design positions E-Cite Motors for diverse market offerings.
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