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Volcon ePowersports Obtains Floor Plan Program with Dealer Direct Financing
Globenewswire· 2025-05-28 12:30
Core Insights - Volcon ePowersports has launched a new floor plan financing and retail financing program through Dealer Direct Financial to enhance dealer inventory financing and access to electric off-road vehicles [1][2][3] Company Overview - Volcon is the first all-electric powersports company, focusing on sustainable electric vehicles for the outdoor community, emphasizing environmental benefits and near-silent operation [4][5] - The company’s product lineup includes motorcycles and UTVs, with notable products like the Grunt, Grunt EVO, and the Brat, which cater to both on-road and off-road markets [5] Financing Program Details - The new floor plan program aims to provide flexible financial solutions to support inventory acquisition and drive sales of Volcon's products, thereby expanding market presence [2][3] - The program is designed to empower dealers to grow their businesses and meet increasing customer demand for electric off-road vehicles [3][4] Strategic Goals - The initiative reflects Volcon's commitment to strengthening dealer relationships and accelerating the adoption of all-electric off-road vehicles [3] - The program is a significant step in Volcon's strategy to scale operations and support its growing dealer network [3]
Volcon ePowersports Reports Operational Highlights and First Quarter 2025 Financial Results
Globenewswire· 2025-05-09 20:15
AUSTIN, Texas, May 09, 2025 (GLOBE NEWSWIRE) -- 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 March 31, 2025. Company Highlights: ● Sold all remaining Grunt EVO motorcycles in Q1● Signed amended and restated golf cart supply agreement with Venom-EV● Evaluating impact of tariffs on products In the first quarter of 2025, Volcon successfully sold all re ...