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. (VAPR), doing business as E-Cite Motors Group and Innovative EV Technologies, Inc. dba E-Cite Motors, generates news primarily around its activities as a low-volume electric vehicle manufacturer. Company press releases focus on product development for its EV sports cars and trucks, regulatory milestones, capital structure decisions, and U.S.-based manufacturing plans. Readers following VAPR news can see how the company describes its strategy in the electric vehicle segment and how it communicates progress to investors.
News coverage includes detailed announcements about vehicle platforms and technology, such as the introduction of a next-generation Zero Emissions electric driveline for its American EV sports car lineup, with stated high-RPM motors, substantial torque figures, and upgraded dual battery packs. The company also issues updates on specific vehicle concepts, including the EV-GT and EV-C3 sports cars, the EV-DT "Dutch Touch" based on the Kaiser-Darrin design, and the RJ9 extended-range electric pickup truck that E-Cite describes as targeting long range and premium interior features.
Another recurring theme in VAPR news is regulatory and market positioning. The company highlights its low-volume vehicle manufacturing exemptions under U.S. regulations, its upgrade from the Pink Current tier to the OTCID tier on OTC Markets, and its emphasis on modular chassis architecture. News items also cover capital structure initiatives, including repayment of convertible notes and a Stock Lockup Agreement with a major noteholder, which the company frames as efforts to limit dilution and support shareholder interests.
In addition, E-Cite issues updates on its U.S. manufacturing and sourcing strategy, such as narrowing its EV final assembly plant site search to Michigan, Ohio, Florida, and Nevada and describing plans to increase domestic sourcing of key components. For investors and observers, the VAPR news feed offers a consolidated view of how the company presents its vehicle concepts, regulatory status, financing actions, and expansion plans over time.
VaporBrands International, dba E-Cite Motors Group (OTC PINK: VAPR), has appointed Alberto Hernandez Mendoza as Chief Studio Designer and Engineer. Mendoza is an esteemed automotive designer with a rich history in prototype design and engineering. His notable accomplishments include the 'Most Beautiful Roadster Award' in 2012 and contributions to award-winning vehicles. E-Cite Motors plans to introduce its first production vehicles for the 2023 model year, leveraging the 'Low Volume Vehicle Manufacturers Act of 2015' to expedite market entry without the traditional certification barriers.
VaporBrands International (OTC PINK: VAPR) announced that renowned automotive designer Alberto Hernandez Mendoza has joined as the Chief Studio Designer and Engineer. Known for his elite design work, Mendoza has received multiple awards, including the Most Beautiful Roadster Award. E-Cite Motors, under Mendoza's guidance, aims to deliver production vehicles for the 2023 model year, benefiting from the Low Volume Vehicle Manufacturers Act. This allows quicker market entry and less stringent safety requirements compared to traditional manufacturers, competitive with industry giants like Tesla.
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VaporBrands International, dba E-Cite Motors Group (OTC PINK:VAPR), has announced a partnership with Ford to supply Eluminator M-9000-MACHE motors for its new affordable electric sportscar, the "E-CGT." The motors feature peak power of 281hp and torque of 317 lb.-ft, with a max speed of 13,800 rpm. E-Cite aims to deliver its first vehicles within 12 months, benefiting from the Low Volume Vehicle Manufacturers Act, allowing it to bypass traditional certification costs. The E-CGT will be produced in two versions, one fiberglass and the other carbon fiber, catering to different performance needs.
VaporBrands International, Inc. (OTC PINK:VAPR) has partnered with Ford to supply its Eluminator M-9000-MACHE motors at a discount for the new E-CGT electric sports car. The motor, shared with the Mustang Mach E GT, offers 281hp and 317 lb-ft of torque. E-Cite aims to deliver its first production vehicles by the 2023 model year, leveraging the Low Volume Vehicle Manufacturers Act of 2015 to bypass traditional auto manufacturing regulations. This partnership is crucial as E-Cite tackles supply chain challenges and establishes itself in the EV market.
VaporBrands International (OTC PINK:VAPR) has announced its new electric sportscar, the E-CGT, currently in development. This two-seat vehicle features a modern design reminiscent of classic cars from the late 60s and early 70s, with an innovative removable hardtop. The E-CGT will have both an entry-level fiberglass model and a higher-performance variant with a carbon fiber body. E-Cite aims to deliver production vehicles in less than 12 months, leveraging the Low Volume Vehicle Manufacturers Act of 2015, enabling faster market entry without traditional safety certification costs.
VaporBrands International, operating as E-Cite Motors Group (OTC PINK:VAPR), has applied for a World Manufacturers Identifier from SAE International. This identifier is crucial for obtaining a Vehicle Identification Number (VIN) for their new electric vehicles. E-Cite plans to deliver its first production vehicles for the 2023 model year, significantly faster than traditional manufacturers due to exemptions under the Low Volume Vehicle Manufacturers Act of 2015. The company aims to produce a range of vehicles, including high-performance models.
VaporBrands International, Inc. (OTC PINK:VAPR) announced a buyback of 5,000,000 shares related to the acquisition of the Oasis Spectrum Brand. The CEO returned an equivalent number of shares without compensation, leading to a reduction in outstanding shares from 337,182,654 to 327,182,654. This move aims to minimize dilution and enhance shareholder value. E-Cite Motors, a subsidiary, plans to deliver production vehicles for the 2023 model year, benefiting from the Low Volume Vehicle Manufacturers Act that facilitates faster market entry and reduced regulatory burdens.
VaporBrands International, Inc. (OTC PINK:VAPR) was featured in an article by EV Auto Insider, recognized as an AMAZING EV investment. The article contrasts its offerings with those of Tesla, highlighting investment pitfalls. E-Cite Motors, a subsidiary of VAPR, is noted for its innovative electric vehicles, distancing itself from categorization as 'Kit Cars'. The company has made significant moves, including acquiring 100% of E-Cite Motors, Acclaimed Automotive, and N2A Motors, enhancing its manufacturing capabilities in the electric vehicle sector.