Volcon Hires Industry Veteran, Stephanie Davis, Former Director of Operations for Billion Dollar EV Company

Rhea-AI Summary

Volcon Inc. (NASDAQ: VLCN) has appointed Stephanie Davis as Chief Operating Officer, effective January 11, 2022. With 25 years of experience in manufacturing and production from companies like Ingersoll-Rand and Bosch, Davis aims to enhance logistics and quality while implementing lean manufacturing principles. The company is ramping up production of its Grunt motorcycle, expecting to initiate direct-to-consumer shipments by Q1 2022. Volcon plans to expand its Liberty Hill, Texas facility to meet growing demand for its electric side-by-side vehicle, Stag.

Positive

• Appointment of an experienced COO with 25 years in manufacturing to enhance operational efficiency.
• Expected initiation of direct-to-consumer shipments of the Grunt motorcycle by Q1 2022.
• Expansion plans for the Liberty Hill facility to accommodate increasing demand.

Negative

• None.

Davis Brings Strong Electric Powersports Background to Growing EV Company

AUSTIN, TX / ACCESSWIRE / January 11, 2022 / Volcon Inc. (NASDAQ:VLCN), the first all-electric, off-road powersports company today announced that Stephanie Davis has been appointed Chief Operating Officer of the company. In her new role, she will oversee logistics, supply chain, quality, and lead the company's undertaking to become a lean manufacturer with an eye to continuous improvement.

View Volcon Video Here => http://volcon-investors.com

Stephanie has 25 years of manufacturing and production experience with companies like the Ingersoll-Rand Company, Bosch, Textron, and most recently, Horton Automatics. Having spent time in key roles at both E-Z-Go (Textron) and Club Car (Ingersoll-Rand), her background in electric powersports coupled with a strong lean manufacturing focus brings world-class capabilities to Volcon. Stephanie holds a BS in Electrical Engineering from Clemson and an MS and MBA from Southern New Hampshire University.

"We are excited for Stephanie to take on this major role at Volcon," said Volcon's Chief Executive Officer, Jordan Davis - no relation to Stephanie Davis. "Stephanie has already demonstrated leadership capabilities in executing strategies that are key to the success of a growing business, specifically in the area of increasing the capacity and quality of production line operations. Stephanie's skill, expertise and approach to business will be a major asset to Volcon moving forward. As our campus continues to grow and production lines increase, having someone with Stephanie's background will be key in keeping our operations running at full capacity."

As 2022 ramps up, the Volcon team continues to build the category-defining motorcycle the Grunt in anticipation of completing direct-to-consumer shipments by Q1 of 2022. As the business transitions into a dealer-driven model, which now totals 33 dealers within two months of launch, the planned expansion into its Liberty Hill, Texas location will be necessary to accommodate the influx of demand for the Volcon Stag, the company's planned first all-electric side-by-side and for future models to follow.

The current campus layout includes:

Building 1: Production, Assembly and Service
Building 2: Marketing, Sales, and Engineering
Building 3: Warehousing and Accounting
Building 4: Liberty Hill (Future Expansion)

Volcon's Liberty Hill factory location will be situated on 70 acres in Northwest Austin, Texas, consisting of a vast trail network through a dense mix of cedar and oak trees that will soon become the company's proving grounds. Along with a dry creek bed and running river, the property will serve as the perfect location to continually test and refine Volcon's two and four-wheeled vehicles, while allowing the Company to incorporate production feedback rapidly.

For more information on the Volcon Grunt: https://www.volcon.com/grunt-explore

About Volcon

Volcon Inc. is the first all-electric, powersports company producing high quality off-road vehicles. Based in Round Rock, Texas, Volcon joins many major electric vehicle manufacturers near Austin, Texas, an area that is poised to become the electric vehicle capital of the world.

Volcon was founded with the mission to enhance the outdoor experience while reducing the industry's environmental footprint so that adventurers and workers alike can enjoy the outdoors and preserve it for generations to come. Volcon produces all-electric, off-road vehicles that are designed to elevate the adventure experience and help people get things done at work and on the home front.

Volcon's first product, the innovative Grunt combines a fat tire physique with high-torque electric power and a near-silent drive train which started shipping in September of 2021. Future models include the Runt, which is a youth-sized version of the groundbreaking Grunt. The Stag and Beast will be Volcon's venture into the rapidly expanding world of UTVs and coming in future years as the company continues to expand.

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 motorcycle and side-by-side line-up, visit: www.volcon.com

Forward-Looking Statements

Some of the statements in this release are forward-looking statements, which involve risks and uncertainties. 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 Registration Statement on Form S-1 filed with the SEC, which is available on the SEC's website, www.sec.gov.

SOURCE: Volcon ePowersports, Inc.

View source version on accesswire.com:
https://www.accesswire.com/681989/Volcon-Hires-Industry-Veteran-Stephanie-Davis-Former-Director-of-Operations-for-Billion-Dollar-EV-Company

FAQ

Who is the new COO of Volcon and what is her background?

Stephanie Davis has been appointed COO of Volcon and has 25 years of experience in manufacturing with companies like Ingersoll-Rand and Bosch.

What are Stephanie Davis's responsibilities at Volcon?

She will oversee logistics, supply chain, and quality while focusing on the company's lean manufacturing initiatives.

When will Volcon start direct-to-consumer shipments of the Grunt motorcycle?

Direct-to-consumer shipments of the Grunt motorcycle are expected to begin by Q1 2022.

What is Volcon's expansion plan in Liberty Hill, Texas?

Volcon plans to expand its Liberty Hill facility to meet the growing demand for its electric vehicles, including the Stag.

What impact will Stephanie Davis's appointment have on Volcon's operations?

Her appointment is expected to enhance production capacity and quality, vital for Volcon as it grows.