AwesomeStocks Donât want emails from us anymore? Click [here]( to unsubscribe. Hello! New Alert: Volcon, Inc. (NASDAQ: VLCN) VLCN is our brand new NASDAQ high volatility opportunity. Looking at the chart, VLCN could be positioning for a rebound higher. In addition, yesterday, the company announced breaking news. âBased in the Austin, Texas areaâ, VLCN was âfounded as the first all-electric powersports company producing high-quality and sustainable electric vehicles for the outdoor communityâ. VLCN âvehicles are the future of off-roading, not only because of their environmental benefits but also because of their near-silent operation, which allows for a more immersive outdoor experienceâ. The companyâs âvehicle roadmap includes both motorcycles and UTVsâ. As the company further explains: âIts first product, the innovative Grunt, began shipping to customers in late 2021 and combines a fat-tired physique with high-torque electric power and a near-silent drive train.â Importantly: âThe Volcon Grunt EVO, an evolution of the original Grunt with a belt drive, an improved suspension, and seat, began shipping to customers in October 2023.â VLCN will âalso offer the Runt LT, a fun-sized version of the groundbreaking Grunt, better suited for small-statured riders, more compact properties and trails, or as a pit bike at race events, while still delivering robust off-road capabilitiesâ. As the company further notes: âThe Brat is Volconâs first foray into the wildly popular eBike market for both on road and off-road riding and is currently being delivered to dealers across North America.â VLCN is âalso currently delivering the Volcon Youth Line of dirt bikes for younger riders between the ages of 4 to 11â. VLCN âdebuted the Stag in July 2023 and entered the rapidly expanding UTV market and previously announced that it will begin shipping the Stag to customers in October 2023â. VLCN has announced multiple accomplishments recently that could be growth catalysts. In September, the company announced its âSecond Quarter 2023 Operational and Financial Resultsâ. Here are some of the âCompany Highlightsâ: - âAs of June 30, 2023, we have 142 dealersâ
- âTaken delivery of our first eight Stag validation units in 2023 that include our custom suspension parts in addition to the GM propulsion components and expect to launch the Stag to dealers in the fourth quarter of 2023â
- âHave taken pre-orders for the Stag of more than $115 million of expected revenue if all orders are fulfilledâ
- âGrunt EVO launch expected in the third quarter of 2023 and Runt LT launch expected in the fourth quarter of 2023â Here are some of the comments from this press release: âThe Company has made significant progress on the development of the Stag and has put thousands of miles of testing on the validation units received thus far. Jordan Davis, CEO notes, âOver the past quarter, we have conducted rigorous testing of the Stag and have learned a lot from the results. We have gone through dozens of testing iterations, having identified the weak points so common in off-road vehicle design, and have improved the safety, reliability, and durability of our parts and sub-assemblies. So much so, that to a great extent many of our components and assemblies are automotive grade, as the power and torque the Stag produces via its electric drivetrain has been too much for standard UTV parts. While testing has delayed the expected third quarter launch of the Stag, we remain confident that deliveries of the Stag will begin in the fourth quarter of 2023.â Pre-orders and interest for the Stag from dealers and consumers continues to be strong and we continued to take waitlist orders from interested dealers and end users alike during the second quarter of 2023.â Plus, the company also announced: âVolcon Announces First Shipment of Newly Updated Grunt EVO Electric Motorcycle Unitsâ As the company further explains: âOriginally launched in April, the EVO has generated excitement, promising riders an unparalleled off-road experience with updated features and innovative design. Since the formal launch this spring, customers have been able to customize their EVO motorcycle on Volconâs website, selecting one of three colors, along with an array of accessories, which they can purchase from their preferred dealer. Early adopters can expect to receive their motorcycles within the coming weeks and are encouraged to reach out to their dealer for more information.â In addition, VLCN announced multiple accomplishments in October. Earlier this month, the company announced: âVolcon ePowersports Secures Financial Boost with Prestige Capital Finance Factoring Agreementâ Here are some of the companyâs comments from this press release: âGreg Endo, Chief Financial Officer at Volcon ePowersports, expressed his enthusiasm regarding the arrangement with Prestige Capital Finance: "We are thrilled to enter into this factoring agreement with Prestige. This will provide us with immediate access to capital, allowing us to maintain a healthy flow of inventory of our flagship product, the Stag, and fulfill customer orders promptly. With this financial tool at our disposal, we are better positioned to continue our journey towards becoming an industry leader."â Plus, the company announced: âVolcon ePowersports Announces Cooperative Research and Development Agreement with the United States Army Engineer Research and Development Centerâ Here are some of the companyâs comments from this press release: âWe are very excited to be working with the Army Corps. We believe that their decades of experience in engineering solutions for the battlefield will bear real fruit for Volcon in the commercial markets. This agreement is crafted in a way that mutually benefits the parties by creating real-world solutions and product features that can be monetized in the future,â said Jordan Davis, Volcon CEO. âOn the one hand, we get to play a real role in benefiting the warfighter and humanitarian efforts where our electric vehicles can play a role, all while harvesting technology that may be deployed to commercial segments as well.â Last week, on Wednesday, the company announced: âInitial Units of Volconâs New EVO Electric Motorcycle Now Shipping to US Customersâ Here are some of the companyâs comments from this press release: âThese are exciting times for Volcon. Shipping EVOs to the US market is a meaningful milestone for us to achieve, especially as we close in on our flagship product, the Stag,â stated Jordan Davis, Volconâs Chief Executive Officer. âFor the team at Volcon, delivering the EVO on the heels of Stag production is major in that we are successfully closing substantial development programs in tandem, culminating in the shipment of not one, but two product lines heading into the fourth quarter.â And on Friday, the company announced: âVolcon ePowersports Announces It Has Entered Into Initial Low Volume Production of Its Flagship STAG UTVâ Here are some of the companyâs comments: âWe believe Volcon, unlike several of its peers and early-stage competitors in the EV space, is accomplishing what many could not; the successful design, prototyping, and production of a new fully-electric entrant into a mature market. We are very excited to be nearing the final weeks of a years-long vehicle program, and I couldnât be more proud of the team that has brought us to this point,â said Jordan Davis, Chief Executive Officer of Volcon. âOur move into low volume production marks a historic milestone for us, and we are looking forward to the coming ramp up and scale of our UTV business segment.â In addition, yesterday, the company announced breaking news: - âVolcon ePowersports Strikes Exclusive Distribution Deal with Indi Imports in New Zealandâ VLCN has multiple potential catalysts in its favor to experience high growth. Make sure to do your own due diligence. Sources: [PR1]( [PR2]( [PR3]( [PR4]( [PR5]( [PR6]( [PR7]( [PR8]( [PR9]( [PR10]( [Website]( [Chart]( Happy Trading! AwesomeStocks Note: We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. Always protect your downside and note that we alert extremely volatile short-term opportunities. 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