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. trades under VAPR and is described in company announcements through its E-Cite Motors Group electric-vehicle business. News coverage centers on E-Cite’s low-volume EV manufacturing model, modular vehicle platform, lightweight aluminum chassis, and planned vehicles such as electric sportscars and the RJ9 truck.
Recurring updates include vehicle-design rights, driveline and battery-system developments, manufacturing-site planning, and the company’s use of low-volume manufacturer exemptions. Company announcements also cover capital-structure actions, including convertible-note paydowns and stock lockup agreements intended to reduce potential common-stock dilution.
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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.