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Vicinity Motor Corp V.VMC

Alternate Symbol(s):  VEV

Vicinity Motor Corp. is a Canada-based supplier of electric vehicles for both public and commercial enterprise use. The Company leverages a dealer network and close relationships with manufacturing partners to supply its flagship electric, compressed natural gas (CNG) and clean-diesel vicinity buses, as well as the VMC 1200 electric truck to the transit and industrial markets. Its geographic segments include United Stated, and Canada. The Company's various buses and truck models include Vicinity Lightning EV, Vicinity Classic and VMC 1200. The Company’s subsidiaries include Vicinity Motor (Bus) USA Corp., and Vicinity Motor (Bus) Corp.


TSXV:VMC - Post by User

Bullboard Posts
Post by broacheron Jan 11, 2017 9:09am
52 Views
Post# 25692800

News

News
Login Investors Contact Grande West Transportation Home Company Vehicles Advantages Parts & Service News CNG CLEAN BURNING FUEL OPTION FOR VICINITY Wednesday, January 11, 2017 Vancouver, British Columbia Grande West Transportation Group Inc. (TSXV: BUS; OTC PINK: GWTNF) January 11, 2017: (Grande West or the Company), a Canadian bus manufacturer of heavy-duty mid-sized transit buses for sale in Canada and the United States is pleased to announce a major addition to clean air propulsion options for its Vicinity bus line. Grande West is now offering clean burning, low emission Cummins ISB G engines for delivery on 2017 orders. The ISB G Engine, powered by compressed natural gas (CNG) has the lowest North American Emissions standards and is approved from both the US Environmental Protection Agency (EPA) and Air Resources Board (ARB) in California. This certification represents major emissions reduction well below current EPA nitrogen oxide (NOx) emissions standards - providing the cleanest engine in the bus industry. The engine also greatly reduces Particulate Matter (PM) providing major greenhouse gas benefits. Grande West has worked to engineer its CNG-powered Vicinity using components and systems that are of the highest quality and reliability. These buses will deliver the performance demanded by our customers as well as offer the best maintenance and serviceability available in the market. Most importantly, our CNG bus will retain the high level of content that will satisfy Canadian requirements, as well as US Buy America. Jean-Marc Landry, Executive VP of Sales and Marketing stated, We are seeing a growing demand for natural gas powered buses. CNG has helped transit customers meet stringent clean air requirements and is now being requested on many tenders in Canada and the US. The CNG option has been a requirement in many of our tenders as transit agencies move towards lower operating costs associated with CNG. About Grande West Transportation Group Grande West Transportation Group is a Canadian bus manufacturer which designs, engineers and manufactures mid-size buses for transit authorities and commercial enterprises. Grande Wests Best-in-Class Vicinity bus is available in 30 and 35 foot models designed with affordability, accessibility and global responsibility in mind. It costs significantly less than a regular 40 foot transit bus, burns less fuel and emits less harmful emissions. The Company has been successful in supplying Canadian municipal transportation agencies and private operators with new buses and is receiving follow-on orders in many Canadian transit agencies. Grande West is Buy America certified, and along with ABG, its exclusive US distributor, is actively pursuing opportunities to sell Vicinity into public and private transit fleet operations. For further information please contact: Grande West Transportation John LaGourgue Ph: 1-604-607-4000 jlagourgue@grandewest.com www.grandewest.com Paradox Public Relations Karl Mansour Ph: 1-866-460-0408 karlmansour@paradox-pr.ca www.paradox-pr.ca Neither the TSX-V nor its Regulation Service Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release. Cautionary Note Regarding Forward-Looking Statements This press release includes certain "forward-looking information and "forward-looking statements (collectively "forward-looking statements) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding the use of proceeds from the Private Placement, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects, "anticipates, "believes, "intends, "estimates, "potential, "possible, and similar expressions, or statements that events, conditions, or results "will, "may, "could, or "should occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Grande Wests expectations include uncertainties relating to the receipt of final approval from the TSX-V; and other risk and uncertainties disclosed in Grande Wests reports and documents filed with applicable securities regulatory authorities from time to time. Grande Wests forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. Grande West assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law. < back="" latest="" grande="" west="" news="" january="" 11,="" 2017="" cng="" clean="" burning="" fuel="" option="" for="" vicinity="" more=""> December 22, 2016 Echelon Increases Price Target to $2.00/Share more> Home Company Vehicles Advantages Service & Parts News Site Map | Contact Us | Privacy Policy 2017 Grande West Transportation | Site design by ROMD Grande West TwitterGrande West LinkedIn
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