New Horizons: Volcon Signs Distribution Agreement in Japan, Introducing the Brat Café Racer Configuration
17 September 2024 - 2:00PM
Volcon Inc. (NASDAQ:VLCN), ("Volcon" or the "Company"), the first
all-electric, off-road powersports company, is pleased to announce
a new distribution agreement with a prominent Japanese vehicle
distributor. This relationship will see the introduction of
Volcon’s popular Brat electric bike with unique café racer options.
The Brat is expected to be available for sale just in time for
the 2024 holiday season after its certification with the Japanese
government. Volcon recognizes that Pista Enterprises, G.K. is a
well-established distributor with extensive experience in the
automotive industry. “Volcon’s selection of Pista Enterprises
provides a strategic advantage for introducing Volcon’s vehicles to
Japan’s rapidly evolving market,” said Paul Capodanno, CEO of Pista
Enterprises.
“We are thrilled to bring the Brat to Japan, especially with the
new café racer styling,” said John Kim, CEO of Volcon. “This
collaboration marks a major milestone in our expansion, and we look
forward to seeing the response from customers in one of the world’s
most forward-thinking markets for electric vehicles.”
The Brat, a versatile and stylish electric bike, has gained
significant popularity for its performance, sustainability, and
unique design. The café racer configuration will offer Japanese
consumers a blend of vintage aesthetics and modern technology,
making it an ideal fit for urban commuters and adventure-seekers
alike.
For inquiries, please
contact investors@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 electric vehicles for the outdoor community. Volcon
electric vehicles 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
experience.
Volcon's vehicle roadmap includes both motorcycles and UTVs. Its
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. The 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.
The Brat is Volcon's 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. Volcon debuted the Stag
in July 2022 and entered the rapidly expanding UTV market and
shipped its first production unit in February 2024. The Stag
empowers the driver to explore the outdoors in a new and unique way
that gas-powered UTVs cannot. The Stag offers the same thrilling
performance of a standard UTV without the noise (or pollution),
allowing the driver to explore the outdoors with all their
senses.
Volcon Contacts
For Media: media@volcon.comFor Dealers: dealers@volcon.comFor
Investors: investors@volcon.comFor Marketing:
marketing@volcon.com
For more information on Volcon or to learn more about its
complete motorcycle and side-by-side line-up, visit:
www.volcon.com
Forward-Looking Statements
Some of the statements in this release are forward-looking
statements, which involve risks and uncertainties. Forward-looking
statements in this press release include, without limitation,
whether the Brat can or will meet the certification requirements
with the Japanese government. Although the Company believes that
the expectations reflected in such forward-looking statements are
reasonable as of the date made, expectations may prove to have been
materially different from the results expressed or implied by such
forward-looking statements. The Company has attempted to identify
forward-looking statements by terminology including "believes,"
"estimates," "anticipates," "expects," "plans," "projects,"
"intends," "potential," "may," "could," "might," "will," "should,"
"approximately" or other words that convey uncertainty of future
events or outcomes to identify these forward-looking statements.
These statements are only predictions and involve known and unknown
risks, uncertainties, and other factors. Any forward-looking
statements contained in this release speak only as of its date. The
Company undertakes no obligation to update any forward-looking
statements contained in this release to reflect events or
circumstances occurring after its date or to reflect the occurrence
of unanticipated events. More detailed information about the risks
and uncertainties affecting the Company is contained under the
heading "Risk Factors" in the Company's Annual Report on Form 10-K
and subsequently filed Quarterly Reports on Form 10-Q and Current
Reports on Form 8-K filed with the SEC, which are available on the
SEC's website, www.sec.gov.
SOURCE: Volcon, Inc.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/0435d778-cf04-43a4-90bc-dcad2f552ffb
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