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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 Alphaseeker1984on Nov 26, 2020 10:33am
848 Views
Post# 31978200

Stock going much higher in 2021

Stock going much higher in 2021BUS has passed through its worst period (2018-2019).  They have a great product line and the market dynamics for the next few years will be very supportive of its business.  The EV has the potential to rock the market value significantly higher.    They have the infrastructure in place to benefit from government supported initiatives Canada and the US (i) renewal of mass transit fleet, and (ii) shift to electric vehicle fleets.   They have good partnerships (BMW, Spartan) and established sales channels   The balance sheet is in decent shape as is the income statement (EBITDA positive).  2021 will be a great year for this company.  Some catalysts that will propel the market value of BUS:

1) Q1 deliveries meeting expectations
2) EV sales announcements
3) TSX uplisting 
4) NASDAQ lisiting


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