Welcome to our dedicated page for VAPORBRANDS INTL news (Ticker: VAPR), a resource for investors and traders seeking the latest updates and insights on VAPORBRANDS INTL stock.
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 (OTC PINK: VAPR) has commenced construction on its first electric vehicle chassis, Chassis No. 001, in Bothell, WA. This modular chassis allows for various configurations, supporting speeds over 250 mph and featuring advanced mechanical systems. COO Gene Langmesser highlighted the shift from design to production, aiming to deliver vehicles by the 2023 model year, significantly faster than traditional auto manufacturers. E-Cite Motors benefits from the Low Volume Vehicle Manufacturers Act, easing regulatory burdens, which could enable rapid market entry for new electric vehicles.
VaporBrands International, Inc. (OTC PINK:VAPR) dba E-Cite Motors Group has released a video interview featuring COO Gene Langmesser, addressing shareholder inquiries. The interview discusses E-Cite's competitive edge in the electric vehicle market, upcoming vehicle types, and potential name/symbol changes. Langmesser emphasized that E-Cite vehicles are fully engineered and state-of-the-art, distinct from 'Kit Cars.' E-Cite's modular design leverages the Low Volume Vehicle Manufacturers Act, allowing faster vehicle production timelines, with initial deliveries aimed for the 2023 model year—less than 12 months after inception.
VaporBrands International, Inc. (OTC PINK: VAPR) has released a shareholder letter addressing key inquiries not covered in a recent video interview with COO Gene Langmesser. The letter discusses important topics concerning the company’s capital structure, potential name and trading symbol changes, and other financial matters. This content aims to enhance shareholder transparency and engagement. The company, based in Bothell, is focused on manufacturing innovative electric vehicles and has recently acquired full ownership of several automotive brands.
VaporBrands International, Inc. (OTC PINK:VAPR) announced that Gene Langmesser, COO and renowned designer, will participate in a video interview with analyst Mark Schaftlein on March 6, 2022. The discussion will cover the company's competitive edge, vehicle rollouts, and potential rebranding. Langmesser brings vast experience from both auto and aerospace industries, having previously designed vehicles for companies like Porsche and Nikola Motors. With a focus on low-volume manufacturing under the Low Volume Vehicle Manufacturers Act, E-Cite expects to deliver its first vehicles by 2023.
VaporBrands International, Inc. (OTC PINK:VAPR), now operating as E-Cite Motors, has received approval from OTC Markets for its change of control application. This allows E-Cite to disclose current information and financials to investors via the OTCIQ portal. The company plans to apply for a new name and ticker symbol.
E-Cite aims to launch its first production vehicles for the 2023 model year, underpinned by the Low Volume Vehicle Manufacturers Act of 2015. Their modular design will enable a range of vehicle configurations, enhancing production flexibility.
VaporBrands International, Inc. (OTC PINK:VAPR), operating as E-Cite Motors, has acquired N2A Motors, a custom auto manufacturer based in California. This acquisition includes key assets such as design patents, CAD data, and social media accounts. Gene Langmesser, N2A's founder, has been appointed as COO and joins the Board of Directors. E-Cite plans to leverage this acquisition to expedite the production of electric vehicles, expected to hit the market within a year, utilizing unique regulatory advantages under the Low Volume Vehicle Manufacturers Act of 2015.
VaporBrands International, Inc. (OTC PINK:VAPR), under the name E-Cite Motors, announced a significant milestone by securing a $2.2 million facility and acquiring 100% of Acclaimed Auto Repair. The new 4,000 sq ft facility, located in Bothell, WA, enhances E-Cite's capabilities for R&D, prototyping, and vehicle assembly. This strategic acquisition positions E-Cite to expedite vehicle production under the Low Volume Vehicle Manufacturers Act of 2015, aiming to deliver its first production vehicles within 12 months.
VaporBrands International, Inc. (OTC PINK:VAPR) has acquired E-Cite Motors, a startup focused on electric vehicle manufacturing. This strategic shift will see VAPR discontinue its vape and CBD activities to focus entirely on E-Cite's offerings. Due to the Low Volume Vehicle Manufacturers Act of 2015, E-Cite can rapidly bring vehicles to market, expecting to deliver its first models in less than 12 months. With a modular design allowing for various configurations, E-Cite aims to produce a range of vehicles from affordable sports cars to high-performance models.
VaporBrands International, Inc. (OTC PINK:VAPR) announced the expansion of its Oasis Spectrum premium oil line, launching two new products following positive feedback on their previous massage oil. The new offerings utilize proprietary formulations featuring high-quality CBD, almond, and apricot oils. Available at Oasis Spectrum and VAPR's website, these products aim to enhance healthy lifestyles. CEO Eleanor Hodge noted the expansion is expected to boost revenues, while ReelTime Media (OTCPK:RLTR) supports product marketing in exchange for commissions and shares.
FAQ
What is the current stock price of VAPORBRANDS INTL (VAPR)?
What is the market cap of VAPORBRANDS INTL (VAPR)?
What is VaporBrands International, Inc.?
What recent achievements has E-Cite Motors made?
What types of vehicles does E-Cite Motors manufacture?
Who are the key leaders at E-Cite Motors?
How does E-Cite Motors ensure its vehicles meet regulatory standards?
What is the significance of E-Cite Motors' VIN production capability?
What financial steps has E-Cite Motors taken recently?
Where can I find more information about E-Cite Motors' vehicles?
What is the EV-C3?