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Vicinity Motor Corp V.VMC

Alternate Symbol(s):  VEVMQ

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
Comment by 31Floorson Apr 17, 2017 11:08am
184 Views
Post# 26127561

RE:Very good commentaries

RE:Very good commentariesYeah I agree that market share would be the driving force behind a takeover attempt. Also agree that this would allow margins to increase.  If I'm NFI, I'll know that it's going to be a LOT CHEAPER if I can take out BUS right now than a year from now, when they are doing say, $80m in revenues, are profitable and has a book of 2018 that contains US orders.  

They and the other potential suitors are the guys living with having their lunch eaten by BUS over and over in Canada and are probably Sick of reading about and trying to explain why they didn't have any interest in BUS when BUS came knocking on their doors, lol.  The market in the US is what 10 times bigger than Canada?   I just think a takeout attempt would have to be one that BUS can't turn down to be successful; the reasons for trying one are obvious. 
Bullboard Posts