AUSTIN, TX | August 12, 2022 | Volcon Inc. (NASDAQ: VLCN),
(“Volcon” or the “Company”), the first all-electric, off-road
powersports company, announced today that it will power all of its
off-road utility terrain vehicles (“UTV”) with General Motors’
(“GM”) proven and tested electric propulsion systems, including the
Company’s flagship UTV, the Volcon Stag, which was revealed to the
public on July 1, 2022. Future models, including future versions of
the Stag, as well as the Company's planned “Project X” vehicle,
will be designed and developed to utilize GM’s electric propulsion
systems. Volcon will be the first, and currently only off-road
powersports company to offer their full line of vehicles with GM’s
electric propulsion.
In pursuit of a world with zero crashes, zero emissions and zero
congestion, GM aspires to eliminate tailpipe emissions from its
light-duty vehicles by 2035 on the way to carbon neutrality in its
global products and operations by 2040. Volcon is dedicated to
improving off-road vehicle performance and sustainability and this
agreement will help bring the fun and strong performance of EVs to
more people, faster.
“General Motors has transformed from an automaker to a platform
innovator, with scalable architectures designed to accelerate EV
adoption across different industries and product types,” said
Travis Hester, GM Vice President of EV Growth Operations. “Our work
with Volcon is indicative of our plans and demonstrates the
flexibility of the platform as well as potential applications well
beyond traditional vehicles.”
Since inception, Volcon’s mission has been to electrify the
off-road powersports industry by pioneering EV products that enable
people to connect with the outdoors like never before. Volcon
vehicles allow for the adventurer to experience nature in its
natural state by eliminating the noise and emissions that are
commonplace with off-road vehicles today.
Although the Volcon Stag hasn’t been kept a secret, Volcon
recently began sharing more finalized details of the
much-anticipated all-electric UTV, which will come to market in
2023. The Stag, which is expected to be the first of many trim
levels available, is expected to be a category-leading,
high-performance off-road vehicle. The Stag will feature new
technologies which the Company believes will provide a unique and
thrilling off-road experience that isn’t currently available in the
market today.
In addition to battery cell modules, the Stag will use a number
of supporting components from GM.
The Stag will deliver a unique driving experience, combining
performance and excitement that only an EV can provide, innovative
connectivity and flexible utility that make the vehicle perfect for
adventure and work.
The GM propulsion system will provide instant high power and
torque, with AWD capabilities, enabling the Stag to have
exceptional acceleration and speed recovery in a variety of
terrains. Variable driving modes will allow the driver to adjust
the power delivery to optimize performance or range according to
the needs, while the innovative cockpit will provide a class
leading human-machine interface (HMI), including multiple displays,
and the capability to generate content and connectivity via the
Volcon App. All of which will increase the driver’s interaction
with friends and community.
“Bringing GM’s electric vehicle expertise and systems to the
Stag will produce an off-road experience that could set the
standard for the entire industry. Having access to immediate power
and torque along with the customizable digital integrations that
the Stag will offer, creates the perfect balance for a class
leading UTV,” expressed Christian Okonsky, CTO of Volcon
ePowersports. “Everyone at Volcon has worked so hard to bring the
best possible UTV to market and our alignment with GM could not be
a better fit for making this project become a reality. We save an
enormous amount of R&D expense and gain years of drivetrain
testing and validation by joining forces with GM. In essence, we
significantly reduce our time and cost to get to
market.”
Volcon also continues to explore and develop racing
opportunities with the Stag. Volcon Technology Innovation Group
(VTIG) has invested substantial efforts toward developing a highly
competitive off-road race UTV which is expected to raise the bar in
off-road racing with the help of GM EV technology.
To learn more about the Stag, visit: www.volcon.com/stag
About Volcon
Volcon Inc. is the first all-electric, powersports company
producing high-quality off-road vehicles. Based in Round Rock,
Texas, Volcon joins many major electric vehicle manufacturers near
Austin, Texas, an area that is poised to become the electric
vehicle capital of the world.
Volcon was founded with the mission to enhance the outdoor
experience while reducing the industry’s environmental footprint so
that adventurers and workers alike can enjoy the outdoors and
preserve it for generations to come. Volcon produces all-electric,
off-road vehicles that are designed to elevate the adventure
experience and help people get things done at work and on the home
front.
Volcon’s first product, the innovative Grunt, combines a fat
tire physique with high-torque electric power and a near-silent
drive train which started shipping in September of 2021. Future
models include the Runt, which is a youth-sized version of the
groundbreaking Grunt. The Stag and Project X will be Volcon’s
venture into the rapidly expanding world of UTVs and coming in
future years as the company continues to expand.
Volcon Contacts
For Media: media@volcon.com
For Dealers: dealers@volcon.com
For Investors: investors@volcon.com
For 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. 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, which are
available on the SEC’s website, www.sec.gov.
- Volcon Stag to be Powered by General Motors’ Electric
Propulsion Systems
- Volcon vehicles allow for the adventurer to experience nature
in its natural state by eliminating the noise and emissions that
are commonplace with off-road vehicles today.
Gina D'Ambrosio
Volcon ePowersports
media@volcon.com
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