Volcon revealed its first EV called the Grunt, which is an all-terrain bike that’s supposed to launch in 2021. The four-wheel UTV models will come out after that. Recently, the company has opened up a round of investment to the public, so that means you can own a piece of equity in the company through WeFunder.
“In addition to funding rounds for institutional and accredited investors, we are inviting the powersports community and EV start-up investors to also be part of the industry’s evolution to electric by investing in the only 100-percent electric, outdoor powersports company,” said Andrew Leisner, Chief Executive Officer of Volcon in a statement. “This way, our customers and EV fans can be part of a company they believe in while gaining equity in an industry that is accelerating its move to electrification.”
At the time of this writing, Volcon has already had $1,692,988 come in from 776 investors, so it seems there are plenty of folks who believe in what Volcon is doing.
WeFunder is an SEC-regulated funding platform that allows smaller investment amounts than typical investment means. This makes it easier for everyday folks to invest in projects and companies they believe in. WeFunder calls itself the Kickstarter for investing. While funding startups is risky, this is a good way of getting in on an exciting new company in the powersports space.