Core Insights - Volcon ePowersports has signed a Supply Agreement with Venom-EV to supply golf carts, with an initial order of 500 units from Venom [1] - The partnership is expected to enhance Volcon's market presence in the golf cart sector, leveraging Venom's established brand and dealer network [1][2] - Volcon's recent funding will support its entry into the golf cart market and expansion plans, particularly in light of U.S. tariffs on Chinese-made golf carts [1] Company Overview - Volcon is based in Austin, Texas, and is recognized as the first all-electric power sports company, focusing on high-quality electric vehicles for outdoor activities [2] - The company aims to provide environmentally friendly and nearly silent vehicles, enhancing the outdoor experience for users [2] Product Development - Volcon's product lineup includes motorcycles, UTVs, and eBikes, with the Grunt being its first product launched in late 2021 [3] - The Grunt EVO, an upgraded version, began shipping in October 2023, while the Brat targets the eBike market [3] - In 2024, Volcon entered the LUV and UTV market, with the first production unit, MN1, shipped in October 2024 [3]
Volcon Receives 500 Unit Golf Cart Order From Venom-EV