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, Inc. (OTC PINK:VAPR) has achieved the 'Current Information' Pink tier designation from OTC Markets Group after submitting required financial disclosures and an attorney letter. This tier reflects the company's compliance with OTC reporting standards. VAPR also submitted a Change of Control application. The company plans to change its name and stock symbol to better align with its business focus. E-Cite Motors, a recent acquisition, is set to launch electric vehicles under the Low Volume Vehicle Manufacturers Act, significantly reducing the time needed to market new production vehicles.
VaporBrands International, Inc. (OTC PINK:VAPR) has completed development of its modular chassis for electric vehicles, marking a significant advancement in its manufacturing capabilities. The chassis, designed for various vehicle configurations, allows for speeds exceeding 250 mph. COO Gene Langmesser stated that this transition from design to physical assembly enables the company to aim for production vehicles by the 2023 model year, leveraging the Low Volume Vehicle Manufacturers Act of 2015 for regulatory advantages. The fully modular design positions E-Cite Motors for diverse market offerings.
VaporBrands International (OTC PINK: VAPR) has commenced construction on its first electric vehicle chassis, Chassis No. 001, in Bothell, WA. This modular chassis allows for various configurations, supporting speeds over 250 mph and featuring advanced mechanical systems. COO Gene Langmesser highlighted the shift from design to production, aiming to deliver vehicles by the 2023 model year, significantly faster than traditional auto manufacturers. E-Cite Motors benefits from the Low Volume Vehicle Manufacturers Act, easing regulatory burdens, which could enable rapid market entry for new electric vehicles.
VaporBrands International, Inc. (OTC PINK:VAPR) dba E-Cite Motors Group has released a video interview featuring COO Gene Langmesser, addressing shareholder inquiries. The interview discusses E-Cite's competitive edge in the electric vehicle market, upcoming vehicle types, and potential name/symbol changes. Langmesser emphasized that E-Cite vehicles are fully engineered and state-of-the-art, distinct from 'Kit Cars.' E-Cite's modular design leverages the Low Volume Vehicle Manufacturers Act, allowing faster vehicle production timelines, with initial deliveries aimed for the 2023 model year—less than 12 months after inception.
VaporBrands International, Inc. (OTC PINK: VAPR) has released a shareholder letter addressing key inquiries not covered in a recent video interview with COO Gene Langmesser. The letter discusses important topics concerning the company’s capital structure, potential name and trading symbol changes, and other financial matters. This content aims to enhance shareholder transparency and engagement. The company, based in Bothell, is focused on manufacturing innovative electric vehicles and has recently acquired full ownership of several automotive brands.
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VaporBrands International, Inc. (OTC PINK:VAPR) announced that Gene Langmesser, COO and renowned designer, will participate in a video interview with analyst Mark Schaftlein on March 6, 2022. The discussion will cover the company's competitive edge, vehicle rollouts, and potential rebranding. Langmesser brings vast experience from both auto and aerospace industries, having previously designed vehicles for companies like Porsche and Nikola Motors. With a focus on low-volume manufacturing under the Low Volume Vehicle Manufacturers Act, E-Cite expects to deliver its first vehicles by 2023.
VaporBrands International, Inc. (OTC PINK:VAPR), now operating as E-Cite Motors, has received approval from OTC Markets for its change of control application. This allows E-Cite to disclose current information and financials to investors via the OTCIQ portal. The company plans to apply for a new name and ticker symbol.
E-Cite aims to launch its first production vehicles for the 2023 model year, underpinned by the Low Volume Vehicle Manufacturers Act of 2015. Their modular design will enable a range of vehicle configurations, enhancing production flexibility.
VaporBrands International, Inc. (OTC PINK:VAPR), operating as E-Cite Motors, has acquired N2A Motors, a custom auto manufacturer based in California. This acquisition includes key assets such as design patents, CAD data, and social media accounts. Gene Langmesser, N2A's founder, has been appointed as COO and joins the Board of Directors. E-Cite plans to leverage this acquisition to expedite the production of electric vehicles, expected to hit the market within a year, utilizing unique regulatory advantages under the Low Volume Vehicle Manufacturers Act of 2015.
VaporBrands International, Inc. (OTC PINK:VAPR), under the name E-Cite Motors, announced a significant milestone by securing a $2.2 million facility and acquiring 100% of Acclaimed Auto Repair. The new 4,000 sq ft facility, located in Bothell, WA, enhances E-Cite's capabilities for R&D, prototyping, and vehicle assembly. This strategic acquisition positions E-Cite to expedite vehicle production under the Low Volume Vehicle Manufacturers Act of 2015, aiming to deliver its first production vehicles within 12 months.