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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.
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TSXV:VMC - Post by User

Post by WillmaImhomeon Mar 29, 2021 4:47pm
160 Views
Post# 32900335

Poor bashers πŸ’ŽπŸ’ŽπŸ’ŽπŸ’Ž

Poor bashers πŸ’ŽπŸ’ŽπŸ’ŽπŸ’ŽGrande West receives order for 17 Vicinity buses 2021-03-25 11:49 ET - News Release Mr. William Trainer reports GRANDE WEST RECEIVES $5 MILLION USD ORDER FOR VICINITY(TM) CNG BUSES Grande West Transportation Group Inc. has received a new order for 17 Vicinity compressed natural gas (CNG) buses totalling more than $5-million (U.S.). These buses are expected to be delivered in Q4 2021. "As cities across North America transition their public transportation fleets to vehicles fueled by clean energy alternatives like electric and CNG, we expect to see additional strong demand for our CNG Vicinity bus line," said William Trainer, founder and chief executive officer of Grande West. "Government regulations are mandating a reduction in nitrogen oxide and greenhouse gas emissions -- a natural tailwind for our CNG product line given compressed natural gas is the cleanest burning transportation fuel on the market today. "In the coming years, stricter mandates will propel the transition to zero-emission electric vehicles, where our Vicinity Lightning EV bus is rapidly gaining attention as the natural progression of a more sustainable public transportation system. We look forward to working closely with customers as we continue to tailor the next generation of electric vehicles to their exacting needs," concluded Mr. Trainer. About Grande West Transportation Group Inc. Grande West Transportation Group is a leading supplier of electric, CNG, gas and clean-diesel buses for both public and commercial enterprise use in the United States and Canada. The company's flagship line of Vicinity buses, which maintain a dominant market share in Canada, are produced by the company's world-class manufacturing partners or at the company's Buy America Act compliant assembly facility in Washington State. Grand West's innovative Vicinity Lightning EV bus, enabled through a Tier 1 strategic supply agreement with BMW batteries and components, seeks to lead the global transition to more sustainable transit vehicles in the private and public markets. We seek Safe Harbor. 2021 Canjex Publishing Ltd. All
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