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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 Mongooseon Aug 29, 2021 4:39pm
180 Views
Post# 33779854

RE:RE:RE:More News = COPY

RE:RE:RE:More News = COPYTB - Still keen on this sector but I backed the wrong horse. It didn't feel good when I took a postion as I thought they were getting way ahead of themselves before orders were in place but I felt that the CEO was really putting his reputation on the line with his statements and bold operational steps. But clearly, mgmt got excited with all the inquiries and starting over reaching and over projecting. 

Don't think this will ever be a take over target - as their business model is not proven and there is nothing notable or successful. 

Just have to pray that one day, they will get a significant order and I will breakeven and move along. Hopefully that will be sooner than later.
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