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Vicinity Motor Corp VEV


Primary Symbol: 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 wwmeincon Mar 05, 2021 12:23pm
208 Views
Post# 32728861

Volvo Heavy duty buses....What are we...Medium duty?

Volvo Heavy duty buses....What are we...Medium duty?About time for somebody,anybody with connections to this show...drop some news.

https://www.cbc.ca/news/canada/british-columbia/translink-battery-electric-bus-1.5887957

The first fully battery-electric bus line in Metro Vancouver will be up and running in 2022, according to TransLink, thanks to a $16 million investment from Canada's gas tax fund.

In a joint announcement, the federal government and TransLink said the money will be used to purchase 15 battery-electric buses from Canadian manufacturer Nova Bus. The vehicles will run on the No. 100 route through New Westminster, Burnaby and Vancouver.

 

Outgoing TransLink CEO Kevin Desmond said the acquisition of the buses will more than quadruple the company's current fleet of four battery-electric buses.

"Our plan is to continue to replace diesel buses being retired… with all zero-emission battery-electric buses," he said. 

Martin LaRose, general manager of Nova Bus, said the vehicles being sold to TransLink will have a battery range of around 350 to 450 kilometres. 

The buses can be charged in approximately five minutes at charging stations while picking up passengers.

Nova Bus is based in St. Eustache, Que., and is a division of Swedish-owned Volvo Buses.

Almost a third of all greenhouse gas emissions come from transportation, said Desmond.


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