Core Viewpoint - Volcon Inc. has formed a strategic alliance with Super Sonic Company Limited to become the sole distributor of AODES-branded golf carts in the U.S., positioning the company to benefit from rising tariffs on Chinese imports [1][3]. Group 1: Strategic Alliance and Market Position - The partnership with Super Sonic allows Volcon to distribute golf carts at a significantly lower tariff rate of 2.5%, compared to tariffs ranging from 149% to 500% on Chinese imports [3][4]. - This strategic move is expected to enable Volcon to increase sales to dealers and large retailers, capitalizing on the favorable market conditions created by the tariffs [3][4]. Group 2: Market Context and Regulatory Environment - The American Personal Transportation Vehicle Manufacturer Coalition has raised concerns about unfair competition from Chinese manufacturers, leading to a review by the Department of Commerce [2]. - The U.S. Census Bureau reported that 114,000 golf carts valued at $450 million were imported from China in 2023, which are now facing increased scrutiny due to government subsidies in China [4]. Group 3: Stock Performance - Following the announcement of the strategic alliance, Volcon's shares increased by 37.7%, reaching $4.60 [5].

Core Insights - Volcon ePowersports has signed an exclusive distribution agreement with Super Sonic Company Limited for golf carts in the US, leveraging Super Sonic's manufacturing capabilities in Vietnam to gain a competitive edge in the market [1][2][3] Company Overview - Volcon is based in Austin, Texas, and is recognized as the first all-electric power sports company, focusing on sustainable electric vehicles for outdoor activities [5] - The company has a diverse vehicle roadmap that includes motorcycles, UTVs, and eBikes, with products like the Grunt and MN1 already in the market [6] Industry Context - The golf cart industry is currently experiencing favorable conditions for buyers, particularly due to recent tariffs imposed on Chinese imports, which can reach up to 500% [2][3] - In 2023, the US imported 114,000 golf carts valued at $450 million from China, highlighting the significant market size and the impact of tariffs on competitive dynamics [2] Competitive Advantage - Volcon's partnership with Super Sonic allows for a lower import tax of 2.5% on golf carts manufactured in Vietnam, compared to the high tariffs on Chinese imports, positioning Volcon to capture market share from competitors [3] - Super Sonic is also working on innovative designs for new golf cart models that could enhance performance and comfort, potentially revolutionizing the market [4]

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]

Core Insights - Volcon ePowersports has officially launched the Volcon HF1 at Lithium Powersports in Jacksonville, FL, making it available for purchase [1] - The company focuses on producing high-quality, sustainable electric vehicles for the outdoor community, emphasizing environmental benefits and near-silent operation [2] Product Development - Volcon's vehicle lineup includes motorcycles and UTVs, with the Grunt being the first product shipped in late 2021, featuring a fat-tired design and high-torque electric power [3] - The Grunt EVO, an upgraded version of the original Grunt, began shipping in October 2023, offering improved features [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 MN1 unit shipped in October 2024 [3] - The new MN1 and HF1 products provide a unique outdoor exploration experience without the noise and pollution associated with gas-powered units [3]

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].

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]

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]

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 ...

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 ...

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]