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Bullboard - Stock Discussion Forum 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... see more

TSXV:VMC - Post Discussion

Vicinity Motor Corp > Price
View:
Post by subaru1 on Oct 20, 2023 12:45pm

Price

Anybody here have a good idea of the seling price of the Buses and the Truck VMC1200, knowing that they can build 850 Buses and 6250 truck at their new facility that will give us an idea of the future revenue.
Comment by subaru1 on Oct 21, 2023 4:26pm
I did some calculation based on the 2qrt of 2022 and 2 qrt 2023. 2qrt 2022 sold 34 buses for 11,7 millions = $344,000/buses 2qrt 2023 sold 34 Vmc1200 for 4,8 millions = $141,000/truck if i multiple these numbers by the capacity of the new facility, 850 buses and 6250 truck the possible revenue are incredible. The next qrt will be very interesting.
Comment by subaru1 on Oct 23, 2023 2:20pm
Doing my research i found that 1 analyst is seeing revenue of 239 millions in 2024 for what it worth but if this happen the stock price should move quite a lot. Interesting....
Vicinity Motor Corp