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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 Select11on Mar 25, 2019 3:31pm
166 Views
Post# 29533040

A Threshold Order

A Threshold OrderVery nice to see this order come in, especially from BC, and in numbers that are material. 

Price per bus looks good, pending more detail, but have to expect these can be delivered with better margins.  For example, this order should not have had much SG&A cost, 

Expect this should turn heads back to BUS, and of course that it turns SP bias upward, or at least out of drift.  

For those tnat have been patient, this deal does speak positively to the pre-qualified arrangements that Bus has and is building.  They have one too under Metrolynx in the GTA, and three now in the States.  

Hoping the communication folks at BUS turn the corner on their sleepyness and begin putting oit some more regular profiling of the Vicinity in the communities they are operating in.  

Overall, a plus.  

GL

 
Bullboard Posts