- Volcon has increased its planned lineup in EV powersport vehicles, and in November they have gotten a couple of units into dealerships.
- They have also started their phased plan to begin export, with LatAm being their first new geography outside the US.
- Supply chain problems will be an issue if their products sell like cakes, because they are only getting started with partnering with manufacturers.
- Powersports is very exposed to semiconductor shortages, and BRP has just announced plans to make its own EV motorbike.
- While the markets are big, interest is high, and valuation isn't unreasonable, it's all about execution and the outcome could be bad against forces outside anyone's control.
For further details see:
Volcon Is Getting Product Into Dealerships, Let's See If It Sticks