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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 Mar 01, 2021 4:37pm
178 Views
Post# 32688070

RE:Grande West Ranked Top Performer in The TSX Venture 50

RE:Grande West Ranked Top Performer in The TSX Venture 50The market capitalization Trainer speaks of has nothing to do with fundamentals. They are only the best performing stock in the TSX Venture 50 due to the run-up in the stock price. You do realize that, right? This title has nothing to do with fundamentals. 

Let's say I won the lottery (I wish, but then again I don't spend money on lottery tickets so..) but, for sake of the analogy, I win lottery, and now I'm the wealtiest person on my street. I may have the nicest car, the greenest lawn, and a new pool, but none of that amounts to any result that was due to my labour or ingenuity. 

Right now BUS is the guy who had the winning lottery ticket. Unless they get a considerable number of orders that window-dressing will quickly evaporate, as it did before. 

Why they never came out with a full-sized model is beyond me. I cannot see any reason why you would want to limit your sales opportunities to a much smaller segment of the market. 

Take the TTC for example. They have 2400 buses, but only 139 of which are minibuses (26'). The most used buses are full length. So, if you're going to replace buses, which do you think will be replaced first? Those which are more likely to need to be replaced, b/c of the heavy use, or the light-route buses? 

As other companies also produce mini-buses, this is not a given that GWT will receive these contracts. 
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