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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 TimeBuilderon Feb 23, 2021 9:17am
157 Views
Post# 32635148

State Wide Contract ( New Mexico) PR = copy

State Wide Contract ( New Mexico) PR = copy

Vicinity(TM) Buses Selected For New Mexico Statewide Contract

ACCESSWIRE - 39 minutes ago
 

VANCOUVER, BC / ACCESSWIRE / February 23, 2021 / Grande West Transportation Group Inc. (TSXV:BUS.VN)(OTCQX:BUSXF) (FRA:6LG) ("Grande West" or the "Company"), a leading supplier of electric, CNG, gas and clean diesel buses, today announced the State of New Mexico has selected Vicinity buses in a statewide purchasing contract that gives State transit agencies the right to purchase directly from the Company's diverse bus portfolio.

Vehicles for selection will be produced from Grande West's "Buy American Act" compliant assembly facility in Washington state, which will be capable of producing 1,000 electric, CNG, gas and clean-diesel units annually across all sizes and powertrains.

"We are privileged to have our Vicinity buses included in this contract allowing New Mexico transit agencies the ability to choose Grande West as an OEM supplier for their growing fleets," said William Trainer, President and Chief Executive Officer of Grande West. "This marks a significant milestone in our expansion into the large U.S. market, where we are leveraging our solid industry reputation to continue to capture market share nationwide - as evidenced by our 2021 deliveries, which currently stands in excess of 100 Vicinity™ buses to be delivered in the first half of 2021.

"We believe we can offer competitive bids to New Mexico for our innovative line of buses. We look forward to working with New Mexico officials to match our vehicles with their requirements, creating long-term value for both our customers and shareholders," concluded Trainer.


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