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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 subaru1on Jun 27, 2024 4:14pm
29 Views
Post# 36109606

RE:Great for skiing , Not great for a chart

RE:Great for skiing , Not great for a chartThis kind of slope is for professional only and it can be very funny, but for a stock chart this is a desaster for all of us who has put his money in VMC, based on this Us125 millions BACKLOG and their capacity to build as much as 1 milliard of revenue per year actually.
Management is doing a lot of SLALOM with their numbers, capacity, delivery etc. If they keep doing that kind of CC in which they say a lot and nothing at the same time the stock will keep going down for sure, 2 qrt resultwill come out in mid august we will find out if they are able to be clear in their numbers and give us the reality of what is going on.
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