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Vicinity Motor Corp V.VMC

Alternate Symbol(s):  VEV

Industrials
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

Vicinity Motor Corp > Net loss $7.4 million?
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Comment by Jenseron Nov 16, 2022 12:53pm
287 Views
Post# 35103893

RE:Net loss $7.4 million?

RE:Net loss $7.4 million?
Same here.
1) It looks like with tax loss selling this might make new lows.
2) Low on cash. There might be a financing required. Most likely to very unfaivorable conditions like a shark loan or share issue with warrants on top.
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