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Vicinity Motor Corp VEV


Primary Symbol: V.VMC

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 WillmaImhomeon Feb 24, 2021 12:30pm
74 Views
Post# 32647693

RE:RE:RE:RE:So at what price do you intend to

RE:RE:RE:RE:So at what price do you intend to 2 trillion in spending coming and that doesn't include infrastructure. Winner here . One little contract in the USA ..
MrAnswers wrote: Capacity is one thing, the ability to utilize it is different and my beef has always been with managements ability to sell busses as they do not have a good track record of doing this and look back at past years income statements as an indication of their lack of ability to generate growing revenue year over year on a consistent basis. Any manufacturer can have the capacity to produce X amount of product but if they can only actually sell X minus Y then all they have is excess capacity and that is my concern here. This management team seems to spend all their time on youtube and hiring PR firms to promote their stock and my beef has been they would probably make more money for the business if they used that money to hire more salespeople to sell busses instead.


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