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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

Comment by graduallygetthron Feb 24, 2021 9:58pm
131 Views
Post# 32654931

RE:My view

RE:My viewThat 50M is already baked into the price, anyone who invests in this company already knows this. As for 3000 capacity, where did you come up with that ridiculous number? 

So, you think that GWT has 90% market share in Canada? Lol You're out to lunch, actually, you're so delusional that it's pathetic. If you're going to make a b.s. statement about something at least make an effort to appear somewhat plausible. GWT may have 1% market share, oh, wait, that was a typo, you meant 0.9%, right?

You're obviously flaming this board in the hopes that your desperate attempt will convince another halfwit to buy this stock. Do you know how many electric busses there are in the U.S.? Fewer than 2000. There are a number of companies with far greater economies of scale that produce electric buses. Oh, and they produce full-sized buses, like the one's that cities are buying. Like the 50 Proterra buses Edmonton bought, or the 1000 BYD buses Colombia bought. I'm sure there's a market for 3/4 buses, but I've never seen one in any city I've visited.
The one likely reason that they never came out with a full sized bus, I believe, is that they can't compete. How could they compete with Proterra, BYD, New Flyer, and others? Several of these competitors also produce short busses. Actually, the ticket symbol really should be ShrtBus. lol

There is potential opportunity, as there are incentives to transition, but this company doesn't possess the ability to produce those numbers. If you're looking out 5 years from now, perhaps, but there are far better places to invest. 
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