Santa brought a mixed bag to the Volcon family according to the December Operational Update. The good news was an increase in sales for its EVO and Volcon Youth Motorcycle lines as well as Brat e-bikes, with Volcon attributing much of this success to effective holiday promotions and steady production advancements. The bad news was the Stag UTV has encountered some challenges, particularly with supply chain related issues. The company is working closely with vendors to ensure these issues are comprehensively addressed. Volcon is committed to releasing a product that meets the highest standards of quality, safety, and performance. Volcon will provide further updates once a final release date is determined.
"While we previously announced challenges related to supply chain issues, we wish to clarify that these challenges are specifically limited to two components," notes CEO Jordan Davis in the latest episode of Electric Corner Volcon's video series. "The focus of our attention is on two modules that require minor software and hardware updates. Following completion of the applicable updates, we will enter into a short term testing phase to ensure proper operation. Our team is diligently updating and verifying the software associated with these components to ensure they meet our uncompromising standards for quality and performance."
In the meantime, frames and the bulk of the heavy lifting is done and production units have been pre-assembled pending the final two module updates. "We are pleased to report that the remaining componentry of the Stag is in order, with componentry either on site or in route for production," confirms Davis. "Our manufacturer’s facility is primed and ready to commence the manufacturing of the vehicles for commerce as soon as the EPM and APM are functioning optimally."
However, the first production units to roll off the line are already spoken for. "In line with our commitment to excellence and national service, the initial shipments of the Stag will be dedicated to fulfilling our orders with the U.S. Army Corps. We believe this underscores our product's robustness and suitability for demanding applications. Following the fulfillment of this contract, we will begin distribution to dealers for the broader public."
Even with the supply chain SNAFUs and military obligations, Stags are coming in Q1 according to Davis. "We are confident in our timeline and anticipate initiating shipments in the first quarter of 2024. This schedule is informed by the estimated timeline for testing and validation of the EPM and APM, and reflects our commitment to deliver a product that not only meets but exceeds expectations in the evolving landscape of electric powersports."
He concludes, "Volcon remains steadfast in its mission to revolutionize electric off road mobility, and we appreciate the patience and support of our customers and stakeholders as we approach this exciting milestone."