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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 CdnMicroCapson Aug 22, 2019 11:09am
87 Views
Post# 30054813

42% of US FTA money in 2018 awarded to rural + small urban

42% of US FTA money in 2018 awarded to rural + small urbanThe most interesting thing I’ve learned from the FY2019 US FTA Bus and Bus Facilities Program presentation transcript (see link below) is that in 2018 a total of 42% of all FTA funds went to rural + small urban.  Cities with small populations are where the Vicinity is most needed.

Rural = population below 50,000 (received 23% of FTA funds)

Small Urban = population between 50,000 and 199,999 (received 19% of FTA funds)

Here’s a link to the transcript:

https://www.transit.dot.gov/sites/fta.dot.gov/files/docs/funding/grants/grant-programs/132751/fy2019-bus-and-bus-facilities-program-notice-funding-webinar-transcript.pdf

Bullboard Posts