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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
Post by ConfidentDDon Dec 01, 2017 4:20pm
190 Views
Post# 27075212

Never thought NFI would be an NFI target.

Never thought NFI would be an NFI target. In our DD, NFI didn't rank high as an acquirer of BUS. I abandoned the BUS core segment and this small acquisition of ARBOC is a rather timid conservative play in the cutaway market. And the buses are still fugly cutaways. I think this is good for BUS. Any other larger acquirers and big players in cutaways will now have to look to other targets, and BUS is one. I agree with all that the backlog has to regain higher focus at BUS, but by our DD, the bids in the pipe are at all time highs, and the orders are/will come. At least this news from NFI should demonstrate to investors here that the bus market is dynamic and growing and developments for BUS are plenty. Good luck all. DD
Bullboard Posts