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Volcon, Inc. - VLCN STOCK NEWS

Welcome to our dedicated page for Volcon news (Ticker: VLCN), a resource for investors and traders seeking the latest updates and insights on Volcon stock.

Volcon, Inc. (NASDAQ: VLCN) is pioneering the future of off-road powersports with its all-electric vehicles. Based in Austin, Texas, Volcon designs and manufactures electric two-wheel and four-wheel motorcycles and utility terrain vehicles (UTVs) aimed at revolutionizing off-road adventuring. The company’s innovative product lineup includes the Grunt EVO, an enhanced version of the original Grunt, the Brat e-bike, and the Volcon Youth Motorcycle line, catering to younger riders. The company's flagship UTV, the Stag, offers a unique and silent off-road experience, targeting both the recreational and professional sectors.

Volcon's commitment to sustainability and innovation sets it apart as the first company in its sector to focus exclusively on electric vehicles, thus providing an eco-friendly alternative to traditional gas-powered options. The Grunt EVO, launched in October 2023, boasts a belt drive, improved suspension, and an upgraded seat. Meanwhile, the Brat e-bike, suitable for both on-road and off-road adventures, is making waves across North America.

In recent operational updates, Volcon announced a significant sales growth during the holiday season, attributed to strategic holiday promotions and consistent production improvements. The company also marked a milestone by expanding its product reach into New Zealand, indicating its growing global footprint.

However, Volcon has faced challenges, particularly with the Stag model, encountering supply chain issues. The company remains dedicated to resolving these issues to maintain the highest standards of quality and safety. Despite these hurdles, Volcon continues to deliver, with a recent milestone being the first delivery of the Stag to the United States Army Corp of Engineers for testing under a Cooperative Research and Development Agreement (CRADA).

Financially, Volcon has experienced fluctuations, including stock splits to manage its share count and investor equity. The company recently executed a 1-for-45 reverse stock split and a subsequent 1-for-100 reverse stock split to consolidate shares, aiming to stabilize its market position. Despite these financial adjustments, Volcon's focus remains on expanding its dealership network, now covering 28 states with 105 dealers, and enhancing its product lineup to meet the growing demands of off-road enthusiasts.

Volcon’s leadership, under the helm of CEO John Kim, is strategically aligned with the company's mission to lead in the off-road EV market. Kim brings a personal passion for off-road vehicles, which translates into the company’s robust marketing strategy and product development.

To stay updated on Volcon's latest developments and product offerings, follow them on social media platforms like YouTube, Facebook, Instagram, and LinkedIn, or visit their website at www.volcon.com.

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Volcon Inc. corrects Q2 2023 financial results; expects Grunt EVO delivery in September 2023
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Volcon announces first shipments of the Stag, their all-electric off-road vehicle, expected to begin in October 2023. The Stag has generated widespread anticipation with its cutting-edge technology and sustainable performance. Volcon is ramping up production and remains committed to pushing the boundaries of electric vehicle technology.
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FAQ

What is the current stock price of Volcon (VLCN)?

The current stock price of Volcon (VLCN) is $3.84 as of December 20, 2024.

What is the market cap of Volcon (VLCN)?

The market cap of Volcon (VLCN) is approximately 2.1M.

What does Volcon, Inc. specialize in?

Volcon, Inc. specializes in designing and manufacturing all-electric off-road powersports vehicles, including two-wheel and four-wheel motorcycles and utility terrain vehicles (UTVs).

What are some of Volcon's key products?

Volcon's key products include the Grunt EVO, the Brat e-bike, the Volcon Youth Motorcycle line, and their flagship UTV, the Stag.

Where is Volcon, Inc. based?

Volcon, Inc. is based in Austin, Texas.

How has Volcon, Inc. addressed recent supply chain challenges?

Volcon, Inc. is working closely with vendors to address supply chain challenges, especially concerning the Stag model, to ensure high standards of quality and safety.

What recent financial adjustments has Volcon made?

Volcon recently executed a 1-for-45 and a 1-for-100 reverse stock split to manage its share count and stabilize its market position.

Who is the current CEO of Volcon, Inc.?

The current CEO of Volcon, Inc. is John Kim.

How extensive is Volcon's dealership network?

Volcon's dealership network covers 28 states with 105 dealers.

What are Volcon’s plans for future product development?

Volcon plans to focus on expanding its UTV and motorcycle lines, developing new two-wheel products, and enhancing current offerings like the Grunt EVO and Brat e-bike.

What sets Volcon's products apart from traditional off-road vehicles?

Volcon's products are all-electric, providing an eco-friendly, near-silent operation that enhances the off-road experience without the noise or pollution of gas-powered vehicles.

How can consumers stay updated on Volcon's latest news?

Consumers can follow Volcon on social media platforms like YouTube, Facebook, Instagram, and LinkedIn, or visit their website at www.volcon.com for the latest updates.

Volcon, Inc.

Nasdaq:VLCN

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2.10M
540.59k
3.62%
19.79%
13.31%
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