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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 subaru1on Dec 21, 2023 10:05am
80 Views
Post# 35795566

RE:Under appreciated value in legacy bus business

RE:Under appreciated value in legacy bus businessRealval, i agree with you. I might be wrong but when i look at the backlog of $150 millions et the capacity of both factory whis is over $900 millions a year, 2024 revenue should be of at least $125 millions and the 4qrt 2023 around $20 millions. I would appreciate very much that some others tells me if you see the same thing.

Have a nice holiday everyone.
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