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Volcon Delivers First HF1 to Off-Grid Pioneer in Colorado

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Volcon ePowersports (NASDAQ: VLCN) announced the delivery of its first HF1 to Hal Calvert, a pioneer in off-grid living in Colorado. Hal, who lives on an 80-acre property surrounded by Bureau of Land Management territory and uses sustainable energy sources, chose the electric-powered HF1 for his land navigation and various tasks.

The Volcon team attended the delivery, providing Hal with a personalized walkthrough and recognizing him as the first official HF1 owner in the state. Volcon's Chief Sales Officer, Josh Rasmussen, highlighted the company's hybrid sales model, which captures sales from UTV and Golf Cart consumers and directs purchases made on Volcon.com to the nearest dealer for seamless customer experience and support.

Volcon plans to continue delivering more HF1 units across the U.S. through its network of over 100 dealers in 2025. The company has additional HF1 units being prepared for delivery from their Texas headquarters and expects to ramp up deliveries following the HF1's launch.

Volcon ePowersports (NASDAQ: VLCN) ha annunciato la consegna del suo primo HF1 a Hal Calvert, un pioniere della vita off-grid in Colorado. Hal, che vive su un terreno di 80 acri circondato da territori gestiti dal Bureau of Land Management e utilizza fonti di energia sostenibile, ha scelto l'HF1 elettrico per la navigazione della sua terra e per vari compiti.

Il team di Volcon ha partecipato alla consegna, fornendo a Hal una visita guidata personalizzata e riconoscendolo come il primo proprietario ufficiale dell'HF1 nello stato. Josh Rasmussen, Chief Sales Officer di Volcon, ha sottolineato il modello di vendita ibrido dell'azienda, che cattura le vendite dai consumatori di UTV e Golf Cart e indirizza gli acquisti effettuati su Volcon.com al concessionario più vicino per un'esperienza e supporto al cliente senza soluzione di continuità.

Volcon prevede di continuare a consegnare più unità HF1 negli Stati Uniti attraverso la sua rete di oltre 100 concessionari nel 2025. L'azienda ha ulteriori unità HF1 in preparazione per la consegna dalla sua sede in Texas e si aspetta di aumentare le consegne dopo il lancio dell'HF1.

Volcon ePowersports (NASDAQ: VLCN) anunció la entrega de su primer HF1 a Hal Calvert, un pionero en la vida fuera de la red en Colorado. Hal, que vive en una propiedad de 80 acres rodeada de territorio del Bureau of Land Management y utiliza fuentes de energía sostenibles, eligió el HF1 eléctrico para la navegación en su terreno y diversas tareas.

El equipo de Volcon asistió a la entrega, proporcionando a Hal un recorrido personalizado y reconociéndolo como el primer propietario oficial del HF1 en el estado. Josh Rasmussen, director de ventas de Volcon, destacó el modelo de ventas híbrido de la empresa, que capta ventas de consumidores de UTV y carros de golf y dirige las compras realizadas en Volcon.com al concesionario más cercano para una experiencia y soporte al cliente sin problemas.

Volcon planea continuar entregando más unidades HF1 en los Estados Unidos a través de su red de más de 100 concesionarios en 2025. La compañía tiene unidades HF1 adicionales preparándose para la entrega desde su sede en Texas y espera aumentar las entregas tras el lanzamiento del HF1.

볼콘 e파워스포츠 (NASDAQ: VLCN)는 콜로라도에서 오프그리드 생활을 선도하는 개척자 할 칼버트에게 첫 번째 HF1을 배송했다고 발표했습니다. 할은 Bureau of Land Management 지역에 둘러싸인 80에이커의 땅에서 지속 가능한 에너지원을 사용하여 생활하며, 자신의 땅의 내비게이션 및 다양한 작업을 위해 전기 동력 HF1을 선택했습니다.

볼콘 팀은 배송에 참석하여 할에게 개인화된 안내를 제공하며 그를 주에서 첫 번째 공식 HF1 소유자로 인정했습니다. 볼콘의 영업 최고 책임자 조쉬 라스무센은 회사의 하이브리드 판매 모델을 강조했으며, 이 모델은 UTV 및 골프 카트 소비자들로부터의 판매를 포착하고 Volcon.com에서 이루어진 구매를 가장 가까운 대리점으로 안내하여 원활한 고객 경험과 지원을 제공합니다.

볼콘은 2025년까지 100개 이상의 대리점 네트워크를 통해 미국 전역에 더 많은 HF1 유닛을 지속적으로 배송할 계획입니다. 이 회사는 텍사스 본사에서 배송을 준비 중인 추가적인 HF1 유닛이 있으며, HF1 런칭 이후 배송을 증가시킬 것으로 기대하고 있습니다.

Volcon ePowersports (NASDAQ: VLCN) a annoncé la livraison de son premier HF1 à Hal Calvert, un pionnier de la vie hors réseau dans le Colorado. Hal, qui vit sur une propriété de 80 acres entourée de terrains gérés par le Bureau of Land Management et utilise des sources d'énergie durables, a choisi le HF1 électrique pour sa navigation sur ses terres et diverses tâches.

L'équipe de Volcon a assisté à la livraison, offrant à Hal une visite guidée personnalisée et le reconnaissant comme le premier propriétaire officiel de l'HF1 dans l'état. Josh Rasmussen, directeur commercial de Volcon, a souligné le modèle de vente hybride de l'entreprise, qui capte les ventes des consommateurs de UTV et de voitures de golf et dirige les achats effectués sur Volcon.com vers le concessionnaire le plus proche pour une expérience et un support client sans faille.

Volcon prévoit de continuer à livrer davantage d'unités HF1 aux États-Unis grâce à son réseau de plus de 100 concessionnaires en 2025. L'entreprise a d'autres unités HF1 en préparation pour livraison depuis son siège au Texas et prévoit d'augmenter les livraisons après le lancement de l'HF1.

Volcon ePowersports (NASDAQ: VLCN) gab die Lieferung seines ersten HF1 an Hal Calvert bekannt, einen Pionier im Off-Grid-Leben in Colorado. Hal, der auf einem 80 Hektar großen Grundstück lebt, das von Land des Bureau of Land Management umgeben ist und nachhaltige Energiequellen nutzt, wählte den elektrisch betriebenen HF1 für die Navigation auf seinem Land und für verschiedene Aufgaben.

Das Volcon-Team nahm an der Lieferung teil und bot Hal eine personalisierte Einweisung an, wobei er als erster offizieller HF1-Besitzer im Bundesstaat anerkannt wurde. Josh Rasmussen, Chief Sales Officer von Volcon, hob das hybride Verkaufsmodell des Unternehmens hervor, das Verkäufe von UTV- und Golf Cart-Konsumenten erfasst und Käufe, die auf Volcon.com getätigt wurden, nahtlos an den nächstgelegenen Händler weiterleitet, um ein reibungsloses Kundenerlebnis und Support zu gewährleisten.

Volcon plant, 2025 weiterhin mehr HF1-Einheiten in den USA über sein Netzwerk von über 100 Händlern auszuliefern. Das Unternehmen bereitet weitere HF1-Einheiten in seinem Hauptquartier in Texas auf die Lieferung vor und rechnet damit, nach dem Launch des HF1 die Lieferungen zu steigern.

Positive
  • First HF1 delivery in Colorado, enhancing Volcon's market presence.
  • Hybrid sales model improves customer experience and dealer support.
  • Expansion plans through a network of over 100 dealers in 2025.
Negative
  • None.

Insights

The delivery of a single HF1 unit to a customer in Colorado represents a minor milestone that has minimal material impact on Volcon's financial performance. While it demonstrates the company's ability to execute on its direct-to-consumer sales model through dealer networks, a single unit delivery is not significant enough to move the needle for a company with a $2.16M market cap.

The dealer network of over 100 locations provides potential distribution channels, but without specific sales targets, production capacity details, or pricing information, the news lacks substantive metrics to evaluate business impact. The hybrid sales model mentioned could streamline operations, but more data on order backlog, production rates and dealer commitments would be needed to assess meaningful revenue potential.

AUSTIN, Texas, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Volcon ePowersports (NASDAQ: VLCN) proudly celebrated the delivery of a HF1 to Hal Calvert, the first HF1 customer in Colorado.

Hal, who is surrounded by Bureau of Land Management territory on his 80-acre property, uses exclusively sustainable energy sources. Hal chose the Volcon HF1 to maintain his commitment to electric-powered solutions. He reports that he will primarily use the Volcon HF1 to navigate his land and perform various tasks around his property.

The Volcon team was pleased to attend the delivery, providing Hal with a personalized walkthrough of the vehicle and recognizing him as the first official HF1 owner in Colorado.

With a network of over 100 dealers, Volcon will continue to deliver more HF1 units around the United States in 2025 to the growing dealer network. “Our hybrid sales model allows Volcon to capture sales from UTV and Golf Cart consumers and deliver the sale directly to Volcon dealers,“ said Josh Rasmussen, Volcon’s Chief Sales Officer, “all four-wheel units purchased on Volcon.com will be allocated to the nearest dealer in the network for a seamless customer experience and support,” he continued.

Volcon currently has more HF1 units being prepared for delivery from their Texas headquarters and expects to increase unit deliveries now that the HF1 has been launched.

Media inquiries, please contact: media@volcon.com

_____________________________________________________

About Volcon

Based in the Austin, Texas area, Volcon was founded as the first all-electric power sports company producing high-quality and sustainable electric vehicles for the outdoor community. Volcon electric vehicles are the future of off-roading, not only because of their environmental benefits but also because of their near-silent operation, which allows for a more immersive outdoor experience.

Volcon's vehicle roadmap includes both motorcycles and UTVs. Its first product, the innovative Grunt, began shipping to customers in late 2021 and combines a fat-tired physique with high-torque electric power and a near-silent drive train. The Volcon Grunt EVO, an evolution of the original Grunt with a belt drive, an improved suspension, and seat, began shipping to customers in October 2023. The Brat is Volcon's first foray into the wildly popular eBike market for both on-road and off-road riding and is currently being delivered to dealers across North America. In 2024, Volcon entered the rapidly expanding LUV and UTV market and shipped its first production MN1 unit in October 2024. The new MN1 and HF1 products empower the driver to explore the outdoors in a new and unique way that gas-powered units cannot. They offer the same thrilling performance of a standard LUV / UTV without the noise (or pollution), allowing the driver to explore the outdoors with all their senses.

Volcon Contacts

For Media: media@volcon.com
For Dealers: dealers@volcon.com
For Investors: investors@volcon.com
For Marketing: marketing@volcon.com

For more information on Volcon or to learn more about its complete eBike, motorcycle and side-by-side line-up, visit: www.volcon.com

Forward-Looking Statements

Some of the statements in this release referenced in this release are forward-looking statements, which involve risks and uncertainties. Forward-looking statements in this press release include, without limitation, whether we will be able to increase delivery of the HF1 units and how quickly the units will be delivered to new owners. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ''believes,'' ''estimates,'' ''anticipates,'' ''expects,'' ''plans,'' ''projects,'' ''intends,'' ''potential,'' ''may,'' ''could,'' ''might,'' ''will,'' ''should,'' ''approximately'' or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading "Risk Factors" in the Company's Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC, which are available on the SEC's website, www.sec.gov.

SOURCE: Volcon, Inc.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/88b3476a-44b0-4e6e-a2c3-41980c0fc084

https://www.globenewswire.com/NewsRoom/AttachmentNg/497999e4-55cb-4cae-b753-46f4c42ddf66


FAQ

What is the significance of the first HF1 delivery for VLCN?

The first HF1 delivery marks Volcon's entry into the Colorado market and demonstrates their commitment to expanding their electric-powered solutions.

How does Volcon's hybrid sales model benefit customers?

Volcon's hybrid sales model captures sales from UTV and Golf Cart consumers and allocates purchases made on Volcon.com to the nearest dealer for a seamless customer experience and support.

What are Volcon's plans for HF1 deliveries in 2025?

Volcon plans to deliver more HF1 units across the U.S. through its network of over 100 dealers in 2025 and is preparing additional units for delivery from their Texas headquarters.

Who was the first HF1 customer in Colorado?

Hal Calvert, a pioneer in off-grid living, was the first HF1 customer in Colorado.

Volcon, Inc.

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