Welcome to our dedicated page for VAPORBRANDS INTL news (Ticker: VAPR), a resource for investors and traders seeking the latest updates and insights on VAPORBRANDS INTL stock.
VaporBrands International, Inc. (OTC: VAPR), doing business as E-Cite Motors Group, is a publicly traded company based in Bothell, Washington. The company is at the forefront of developing and manufacturing state-of-the-art electric vehicles (EVs), blending cutting-edge technology with a nod to the iconic automobiles of the past. VaporBrands acquired 100% ownership in E-Cite Motors, Acclaimed Automotive, and N2A Motors, a California-based custom auto manufacturer and car factory renowned for designing, engineering, and building prototypes, concept cars, and limited production vehicles for OEMs, corporations, movies, and private owners.
E-Cite Motors is recognized for several pioneering achievements in the electric vehicle industry. The company recently announced it had exceeded the target amount of its Regulation CF offering, as filed with the SEC. This capital will be directed towards financing the manufacturing of its production vehicles and other general business purposes. E-Cite Motors has made history by being the first vehicle manufacturer under the Low Volume Manufacturers Act to receive approval from the California Air Resources Board (CARB) to proceed with the certification process for new EV vehicles. Additionally, E-Cite was the first to get any vehicle approved by the National Highway Traffic Safety Administration (NHTSA), allowing it to produce its own Vehicle Identification Numbers (VINs) and sell vehicles worldwide.
Recent developments include the launch of new EV models, such as the EV-C3, which resembles a modernized version of a classic sportscar from the late '60s to '70s. E-Cite has also announced plans to offer gasoline-powered versions of its mid-engine sports car models, catering to both EV and ICE enthusiasts. The company is actively working towards reducing its debt and strengthening its balance sheet by canceling old notes and paying off convertible notes.
E-Cite's vehicles are meticulously engineered, featuring aerospace aluminum chassis, mid-engine configurations, proprietary composite bodies, and advanced suspension systems. The company continues to work closely with CARB to pave the way for future certifications, ensuring its vehicles meet stringent regulatory standards. Under the leadership of CEO Barry Henthorn and COO Gene Langmesser, E-Cite Motors is poised to make a significant impact in the automotive industry.
For more information, visit www.ecitemotors.com.
VaporBrands International (OTC PINK:VAPR) has launched its first exactCar E-Cite electric vehicle dealership in Cerritos, CA, marking a significant step in its nationwide expansion. Located at a high-traffic area within the Cerritos Auto Square, the dealership aims to enhance visibility to over 300,000 commuters daily. This initiative follows a partnership with ClearMarket to establish a network of dealerships across the U.S., with the goal of reaching 100% of the population by 2025. The hybrid model combines e-commerce with traditional dealership services, catering to evolving consumer preferences for car buying.
VaporBrands International, operating as E-Cite Motors Group (OTC PINK:VAPR), has opened its first exactCar E-Cite EV dealership in Cerritos, CA. This location is strategically positioned in the Cerritos Auto Square, attracting over 300,000 commuters daily. The dealership marks the beginning of a nationwide rollout to reach all 48 states by 2025 through a partnership with ClearMarket. ClearMarket’s CEO emphasized the potential for E-Cite’s custom electric vehicles to capture market share in underserved segments. E-Cite plans to enhance customer experience with a hybrid digital-physical sales model.
VaporBrands International, dba E-Cite Motors Group (OTC PINK:VAPR), announced EPA approval for its manufacturing code, allowing its electric vehicles to be licensed for public road use. COO Gene Langmesser emphasized the significance of this approval, stating that without it, vehicles cannot be registered. Previously, E-Cite received clearance from the National Highway Traffic Safety Administration for manufacturing under specific regulations. The company's innovative modular chassis design accommodates a range of electric vehicle configurations, including high-performance options exceeding 1000 horsepower.
E-Cite Motors Group (OTC PINK:VAPR) has received approval from the Environmental Protection Agency (EPA) for its Manufacturing code, essential for licensing its vehicles for public roads. This milestone follows previous authorization from the National Highway Traffic Safety Administration for the manufacture of three vehicles under specific regulations.
The company focuses on electric vehicle production, featuring a modular chassis that accommodates a range of power configurations. E-Cite Motors emphasizes that its vehicles are newly manufactured and not classified as 'Kit Cars'. This approval is crucial for the company's manufacturing capabilities and market entry.
VaporBrands International, operating as E-Cite Motors Group (OTC PINK: VAPR), announced the addition of Vin Di Bona to its Advisory Board. Di Bona, a veteran television producer known for shows like America's Funniest Home Videos, has extensive experience in entertainment and a passion for automobiles. In 2023, he sold a major stake in his production companies to an investor group while remaining their CEO. His expertise is expected to enhance E-Cite's capabilities in producing innovative electric vehicles. Gene Langmesser, COO of E-Cite, expressed optimism about Di Bona’s involvement and insights in the automotive sector.
VaporBrands International, operating as E-Cite Motors Group (OTC PINK: VAPR), announced the addition of Vin Di Bona to its Advisory Board. Di Bona is a seasoned television producer, known for shows like America's Funniest Home Videos. His extensive production expertise is expected to enhance E-Cite's capabilities in automotive development. With a history of producing successful entertainment, Di Bona aims to blend his skills with E-Cite's automotive ambitions. Gene Langmesser, COO of E-Cite, expressed enthusiasm about Di Bona's involvement. E-Cite Motors is focused on manufacturing state-of-the-art electric vehicles that combine innovative technologies with classic automotive design.
FAQ
What is the current stock price of VAPORBRANDS INTL (VAPR)?
What is the market cap of VAPORBRANDS INTL (VAPR)?
What is VaporBrands International, Inc.?
What recent achievements has E-Cite Motors made?
What types of vehicles does E-Cite Motors manufacture?
Who are the key leaders at E-Cite Motors?
How does E-Cite Motors ensure its vehicles meet regulatory standards?
What is the significance of E-Cite Motors' VIN production capability?
What financial steps has E-Cite Motors taken recently?
Where can I find more information about E-Cite Motors' vehicles?
What is the EV-C3?
Can the public invest in E-Cite Motors?
