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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

Post by NAGGY23on Nov 24, 2020 3:41am
797 Views
Post# 31958656

Another few key points

Another few key points 1) Exisiting sales backlog of $70m due starting next month 2) New low cost EV bus model already generating sales interest by clients who have short commute use-cases like airports etc 3) By setting up new plant in the US they are eligible for any grants from the Biden govt 4) If Pfizer and others do have a working vaccine, I expect travel and tourism numbers to spike owing to pent up demand 5) Very good chance they uplist to an American exchange next year ...
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