Volcon Expands In Latin America With New Distribution Agreements

by Shivani Kumaresan, Benzinga Staff Writer

November 1, 2021 2:20 PM | 1 min read |

Powersports company Volcon Inc VLCN has announced an expansion with distribution agreements for Guatemala, Belize, and Panama.
Volcon vehicles and accessories will be sold globally in a planned three-phase rollout to include Latin America in 2021, Canada, Europe, and Africa in 2022, Southeast Asia, and Australia in 2023.
"Electrification is sweeping the globe, and the demand that we've seen from around the world has really been evident in Latin America," said CEO Jordan Davis.
The Grunt, Volcon's first two-wheeled, fat tire all-electric, off-road motorcycle, is currently shipping to customers worldwide.
Price Action: VLCN shares are trading lower by 0.47% at $12.38 on the last check Monday.

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