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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 Apr 06, 2018 9:25am
214 Views
Post# 27841617

Trade war impact on BUS

Trade war impact on BUSHighly doubtful that anyone beliieved Will Trainer on the conference call when he emphatically stated that US tariffs have no impact on them.  

Well, as an exporter of assembled buses from China to the US, he might want to have is crack team look at the lists issued on April 3rd that includes the following:

87021031 ...........
Motor vehicles w/diesel engine, to transport 16 or more persons, incl driver
87021061 ...........
Motor vehicles w/diesel engine, to transport 10 to 15 persons, incl driver
87022031 ...........
Motor vehicles w/diesel engine & electric motor, to transport 16 or more persons, incl driver
87022061 ...........
Motor vehicles w/diesel engine & electric motor, to transport 10 to 15 persons, incl driver
50
HTS subheading
Product Description
87023031 ...........
Motor vehicles w/spark-ign. IC recip. piston engine & electric motor, to transport 16 or more persons, incl driver
87023061 ...........
Motor vehicles w/spark-ign. IC recip. piston engine & electric motor, to transport 10 to 15 persons, incl driver
87024031 ...........
Motor vehicles w/electric motor, to transport 16 or more persons, incl driver
87024061 ...........
Motor vehicles w/electric motor, to transport 10 to 15 persons, incl driver
87029031 ...........
Motor vehicles nesoi, to transport 16 or more persons, incl driver
87029061 ...........
Motor vehicles nesoi, to transport 10 to 15 persons, incl driver

Maybe this trade war will all go away, maybe not, but the main point is, this management team has a lot more to do to regain the trust of the market and investors.  Trainer's comment was glib.  Hope they keep him out of future confernce calls.  

Landry did ok - he was the only one.  Still, he'll be judged on bringing in sales and getting things delivered.  We'll see if he does it.  

Damn hope the CFO has Q1 pretty much done so that we dont have to wait until July to see the numbers. GL  DD
Bullboard Posts