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Vicinity Motor Corp V.VMC

Alternate Symbol(s):  VEV

Vicinity Motor Corp. is a Canada-based supplier of electric vehicles for both public and commercial enterprise use. The Company is engaged in the production and sale of buses and spare parts in North America. It leverages a dealer network and close relationships with manufacturing partners to supply its flagship electric, compressed natural gas (CNG) and clean-diesel vicinity buses, the VMC 1200 electric truck and a VMC Optimal-EV shuttle bus. In addition, the Company sells its electric chassis alongside J.B. Poindexter business unit EAVX, which is the Company's partner, for upfitting into delivery vehicles. The Company's various buses and truck models include Vicinity Lightning EV, Vicinity Classic and VMC 1200. Its geographic segments include United Stated and Canada. The Company’s subsidiaries include Vicinity Motor (Bus) USA Corp. and Vicinity Motor (Bus) Corp.


TSXV:VMC - Post by User

Comment by MrAnswerson Nov 12, 2021 4:27pm
160 Views
Post# 34121608

RE:Third Quarter 2021 Results Conference Call

RE:Third Quarter 2021 Results Conference CallTerrible as expected. Q4 will also be terrible. Actual sales are what will move this stock forward, not comments from management that they are bidding on contracts that they never seem to win, partnerships where they dont disclose the agreements (i.e. whats the impact on the bottom line). I have always said if they spent more time selling their product than selling their stock on Youtube we would all be better off. The upside is it wont take much to move the needle but with the EV bus not even having a track record I wonder how easy it will be to sell that - hopefully they get some big orders for EV's in Canada which will allow them to prove the worth to the U.S. market but by then other manufacturers may already be entrenched.
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