E-Cite Expected 2023 Production Sells Out for All Vehicles Following SEMA Show 2022
VaporBrands International, operating as E-Cite Motors Group (OTC PINK:VAPR), reported selling out its anticipated 2023 production of the EV-GT and RamboTruck, driven by strong consumer and dealer demand from SEMA 2022.
Sentiment and the balance of points
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Rhea-AI Summary
VaporBrands International, operating as E-Cite Motors Group (OTC PINK:VAPR), reported selling out its anticipated 2023 production of the EV-GT and RamboTruck, driven by strong consumer and dealer demand from SEMA 2022. Reservations for the E-Cite EV-222 Hypercar, set for 2024 delivery, have also been initiated. COO Gene Langmesser noted the overwhelming interest and is working to ramp up production. The EV-GT starts at $89,999, while the RamboTruck starts at $149,999, with refundable deposits of $100 for reservations still being accepted.
Positive
- Sold out expected 2023 production of EV-GT and RamboTruck.
- Strong reservations for E-Cite EV-222 Hypercar for 2024 delivery.
- Overwhelming consumer and dealer response indicating high demand.
- Plans to ramp up production to meet increasing demand.
Negative
- None.
Details
News Market Reaction – VAPR
The recorded move for VAPR in the trading session of this news was +11.11%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BOTHELL, WA, Nov. 15, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- VaporBrands International, Inc. dba E-Cite Motors Group, (OTC PINK:VAPR) announced that it believes that it has sold out of all expected 2023 production of both the EV-GT and the RamboTruck as a result of reservations and dealer purchases allocated from SEMA 2022.
E-Cite also took reservations and dealer allocations for the E-Cite EV- 222 its Hypercar expected for 2024 delivery.
E-Cite Motors COO Gene Langmesser commented: "The response from consumers and dealers regarding E-Cite’s vehicles was overwhelming, far exceeding our initial production capabilities. We are working towards ramping up production to meet the demand and are looking forward to delivering our first vehicles."
The EV-GT is a RWD sportscar with a Targa top that is available with a variety of motors and a base price of
Reservations for the EV-GT, RamboTruck, and 222 are still being accepted for a
Note* E-Cite's vehicles are in no way categorized as "Kit Cars" as they are manufactured new vehicles.
About VaporBrands International, dba E-Cite Motors
www.ecitemotors.com (OTC PINK:VAPR) is a publicly traded company based in Bothell that is developing for manufacturing, state of the art electric vehicles utilizing the latest in technologies with a flare of some of the iconic autos of the past. VAPR recently acquired
CONTACT:
VaporBrands International, Inc. dba E-Cite Motors
ceo@vaporbrandsint.com
www.ecitemotors.com
FAQ
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