Vicinity Motor Corp VEV

Couple points new dealers, etc.

[RealVal]

Couple points people might find interesting: I asked VMC IR rep a couple of questions over past month. 1) Was the two bus placements with the Adastac self driving software in the U.S. revenue generating or not and he said they were! 2) I asked if these 3 new dealer announcements all also involved initial stocking orders and he said they all did but the company chose not to publicly disclose what they are at this time. If you take the 25 units from 1st Quebec dealer announcement that was made in 4qr last year, plus the 19 units for the Jack Carter Alberta dealer PR release and lets spitball with a conservitive average of 10 trucks per each of these 3 new dealer you get an estimated total of 74 or let's say between 70 - 75 model 1200 units. It's a start. Also, I find it interesting that the new dealer strategy is clearly to go with dealers who have commercial fleet and/or ev sales experience but then all of them setting up effectively separate dealership branding and operations as compared to say going with commercial truck sale or uplift type operators. This will involve likely not insignificant capital investments by each of these dealers. But should yield focussed and committed sales efforts by all of them given that. I also think it lends one to believe that they will likely be announcing the introduction of the start of production of the class 5/6 model that they allude to in the corporate presentation in the not to distant future and maybe even some other products (say a low floor smaller airport shuttle style van/unit not unlike what they were trying to accomplish with the Optimal EV deal that fell apart). Hard to believe all these dealers would invest this kind of money and effort to set up stand alone operations for just one class 3 model. Just speculation of course. Would be great if Mr. Trainer or Mr. LaGourgue in the next quarter Investor communication session maybe elaborated more and in some detail on the dealer strategy and there rationales for doing this way. I'm personally positive on it but clear, timely communications like that with shareholders would eliminate (or at least reduce :) ) guys like me speculating. :} Wish best for all.

[subaru1]

Thanks for these info..Very interesting and has you say we should know better at the next qrt investor communication