- Volcon is an interesting electric UTV company, buoyed by COVID-19 recreation trends, that is approaching an IPO.
- While they have two cool products and are planning more, we foresee a potential issue for them as they plan for the coming IPO season.
- With all the inflation news lately, we've become aware that there could be a rubber shortage, which UTVs feature a lot of.
- As a smaller company, this will likely sting them more due to worse supply arrangements, and it could hamper their market push.
- Moreover, the whole inflation issue puts the green push more into question, further adding to Volcon's risks and leading us to pass on them.
For further details see:
Volcon: An Interesting IPO, But Enters Automotive Manufacturing At A Potentially Difficult Juncture