Volcon (VLCN) said Wednesday that Electric Wheels agreed to distribute the Volcon HF1 utility terrain vehicle in the United Kingdom.
Electric Wheels is the official European distributor of HF1 manufacturer, who holds licensing rights to sell the vehicle outside of North America as part of a manufacturing agreement with Volcon, according to the company.
Volcon said that Electric Wheels will manage the network of dealers in the UK and Europe.
Shares of Volcon were down 1.3% in recent trading.
Price: 4.23, Change: -0.06, Percent Change: -1.29
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