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Volcon HF1 Arrives at Lithium Powersports in Jacksonville FL
Newsfilter· 2025-01-15 13:00
Core Insights - Volcon ePowersports has launched the Volcon HF1, which is now available for display and purchase at Lithium Powersports in Jacksonville, FL [1] - The company focuses on producing high-quality, sustainable electric vehicles for the outdoor community, emphasizing environmental benefits and near-silent operation [2] Company Overview - Volcon is based in Austin, Texas, and is recognized as the first all-electric power sports company [2] - The company aims to revolutionize off-roading experiences through its electric vehicles, which provide a more immersive outdoor experience [2] Product Roadmap - Volcon's product lineup includes motorcycles and UTVs, with the Grunt being the first product shipped in late 2021 [3] - The Grunt EVO, an upgraded version of the original Grunt, began shipping in October 2023 [3] - The Brat, Volcon's entry into the eBike market, is currently being delivered to dealers across North America [3] - In 2024, Volcon expanded into the LUV and UTV market, with the first production MN1 unit shipped in October 2024 [3] - The new MN1 and HF1 products offer performance comparable to gas-powered units but without noise or pollution, enhancing outdoor exploration [3]
Volcon Delivers First HF1 to Off-Grid Pioneer in Colorado
GlobeNewswire· 2025-01-14 13:00
Core Insights - Volcon ePowersports has successfully delivered its first HF1 unit to Hal Calvert in Colorado, marking a significant milestone for the company as it expands its electric vehicle offerings [1][2]. Company Overview - Volcon is based in Austin, Texas, and is recognized as the first all-electric power sports company, focusing on high-quality and sustainable electric vehicles for outdoor enthusiasts [6]. - The company aims to provide environmentally friendly off-roading solutions that offer near-silent operation, enhancing the outdoor experience [6]. Product Launch and Sales Strategy - The HF1 is part of Volcon's broader product roadmap, which includes motorcycles and UTVs, with the first product, the Grunt, launched in late 2021 [7]. - Volcon's hybrid sales model allows it to capture sales from UTV and golf cart consumers, facilitating direct sales to a network of over 100 dealers across the United States [3]. - The company is preparing additional HF1 units for delivery and anticipates an increase in unit deliveries following the product launch [4]. Market Position and Future Plans - Volcon's product lineup includes the Grunt EVO, which began shipping in October 2023, and the MN1, which entered production in October 2024 [7]. - The HF1 and MN1 products are designed to provide a unique outdoor exploration experience, offering performance comparable to gas-powered units without the associated noise and pollution [7].
Velcan Holdings: Share Buyback Program
GlobeNewswire· 2025-01-13 07:35
Share Buyback Program Overview - The company launched a share buyback program on 15 January 2024, aiming to repurchase 300,000 shares, which concluded on 31 December 2024 [2] - Under this program, the company repurchased 92,892 shares for a total amount of €1,281,544 [2] - The program was authorized by the Shareholders' General Meeting on 29 June 2021 [2][6] New Share Buyback Program - The Board of Directors initiated a new share buyback program on 8 January 2025, with the aim of repurchasing shares for cancellation or to cover new grants of free shares [6][9] - The program is authorized under the same resolution from the Shareholders' General Meeting on 29 June 2021 [6] - The program will run until 31 December 2025 [12] Shareholding Details - As of 13 January 2025, the company held 777,709 of its own shares, representing 14.41% of the share capital [11] - The breakdown of these shares includes 557,709 for cancellation, 20,000 for delivery towards the exercise of securities, and 200,000 for employee and management option or free share plans [11] Program Execution Details - The company may acquire up to 300,000 shares, representing 5.56% of the current share capital, with a maximum allocation of €4,500,000 excluding acquisition costs [13] - Purchases will be made in the market or through block transactions over the counter, executed by an independent investment services provider [13] - The shares to be acquired are ordinary shares of the same class (ISIN FR0010245803) [13] Company Background - Velcan Holdings is an investment holding company founded in 2005, managing a global portfolio of participations and investments [13] - The company is listed on the unregulated Euro MTF Stock Market in Luxembourg (Ticker VLCN/ISIN FR0010245803) and has never performed a public offer under Directive 2003/71/CE [14]
Volcon MN1 Unit Arrives at Cycle Plaza Corpus Christi, Ready to Sell
GlobeNewswire· 2025-01-10 13:00
Core Insights - Volcon ePowersports has launched the Volcon MN1 at Cycle Plaza in Corpus Christi, Texas, marking the second dealership to showcase this electric vehicle [1][2] - The MN1 is part of Volcon's broader strategy to produce high-quality, sustainable electric vehicles for outdoor enthusiasts, emphasizing environmental benefits and a quieter operation compared to gas-powered units [2][3] Company Overview - Volcon, based in Austin, Texas, is recognized as the first all-electric power sports company, focusing on creating sustainable electric vehicles for the outdoor community [2] - The company’s product lineup includes motorcycles, UTVs, and eBikes, with the Grunt being its first product launched in late 2021, followed by the Grunt EVO in October 2023 and the Brat eBike currently being delivered across North America [3] Product Development - The MN1 and HF1 products are designed to provide a unique outdoor exploration experience, offering performance comparable to traditional LUV/UTV vehicles without the associated noise and pollution [3] - The MN1 was first shipped in October 2024, indicating the company's entry into the expanding LUV and UTV market [3]
Volcon Brat Passes Japanese Government Certification and is now available throughout Japan
GlobeNewswire· 2025-01-07 13:00
VLCN Brat Japan 1 VLCN Brat Japanese Certification VLCN Brat Japan 2 VLCN Brat Japanese Certification VLCN Brat Japan 3 VLCN Brat Japanese Certification AUSTIN, Texas, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Volcon ePowersports (NASDAQ: VLCN) is pleased to announce that the 250W Brat model has successfully obtained Japanese government certification, allowing sales to begin immediately across Japan. Certification for the 750W model is currently underway. To watch video, visit this link. For media inqui ...
Velcan Holdings: Share buyback program - weekly statement
GlobeNewswire· 2024-12-16 12:30
Luxembourg, 16 December 2024 SHARES REPURCHASE PROGRAMMEAuthorized by the shareholders’ meeting held on 29th June 2021Implemented upon the decision of the Board of Directors dated 2nd January 2024, DISCLOSURE OF PURCHASES EFFECTED FROM 9 DECEMBER 2024 TO 13 DECEMBER 2024 Market: Euro MTF, LuxembourgType of shares: ordinary shares ISIN FR0010245803 Trading date Number of shares purchasedPurchase price per share Total amount of purchases PurposeMarket09/12/202426514,8657 €<td style="width:115.27px;;border-top ...
Volcon(VLCN) - 2024 Q3 - Quarterly Report
2024-11-12 14:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to__________ Commission file number: 001-40867 Volcon, Inc. (Exact Name of Registrant as Specified in Its Charter) | --- | |--- ...
Volcon CEO John Kim provides a UTV product roadmap update
GlobeNewswire News Room· 2024-10-21 11:30
Company Overview - Volcon ePowersports is the first all-electric power sports company, focusing on high-quality and sustainable electric vehicles for the outdoor community [1] - The company is based in Austin, Texas, and aims to provide environmentally friendly and near-silent operation vehicles for an immersive outdoor experience [1] Product Lineup - Volcon's vehicle roadmap includes motorcycles and UTVs, with the Grunt being the first product shipped in late 2021, featuring a fat-tired physique and high-torque electric power [2] - The Grunt EVO, an upgraded version of the original Grunt, began shipping in October 2023, featuring a belt drive and improved suspension [2] - The Brat is Volcon's entry into the eBike market, currently being delivered to dealers across North America [2] - In 2024, Volcon launched the MN1 unit in the LUV and UTV market, emphasizing a unique outdoor exploration experience without noise or pollution [2] Future Outlook - The company is focused on expanding its product offerings and enhancing the outdoor experience through electric vehicles, which provide thrilling performance comparable to gas-powered units [2]
Volcon CEO John Kim Shares Important Company Update
GlobeNewswire News Room· 2024-09-30 11:35
AUSTIN, Texas, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Volcon ePowersports (NASDAQ: VLCN) is pleased to announce that CEO John Kim has released a video update addressing some developments within the company. To watch the full update, visit this link. For more information, stay tuned for further updates. For 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 electri ...
Volcon(VLCN) - 2024 Q2 - Quarterly Results
2024-08-06 12:46
Exhibit 99.1 Volcon ePowersports Reports Second Quarter 2024 Operational and Financial Results AUSTIN, TX (August 6, 2024) - Volcon Inc. (NASDAQ: VLCN) ("Volcon'', the "Company" or "we"), the first all-electric, off-road powersports company, today reported its operational highlights and financial results for the quarter ended June 30, 2024 Company Highlights: ● Regained Nasdaq compliance July 17, 2024 subject to Nasdaq's Discretionary Panel Monitor ● Raised $12 million in July 2024 from an equity offering ● ...