- Volcon Inc VLCN has signed an exclusive agreement to distribute Torrot Electric Europa SA's line of electric off-road motorcycle products. The financial terms of the arrangement were not disclosed.
- Volcon will distribute Torrot's products throughout Latin America, South America, and the Caribbean Region.
- Torrot manufactures electric motorcycles focused exclusively on young riders aged 3 to 11. The lineup consists of six options for young riders, including motocross, trial, and supermotard versions.
- The agreement is expected to provide Volcon with an opportunity to improve revenue and profitability.
- Price Action: VLCN shares are trading lower by 3.76% at $1.19 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
