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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 VicVegason Mar 06, 2021 7:43pm
167 Views
Post# 32737414

RE:RE:RE:RE:RE:RE:Funny

RE:RE:RE:RE:RE:RE:FunnyDoes the market care about previous/ongoing orders absolutely.  As far as 3/4 size buses,  yes there's ones in my city on smaller and suburbia routes.  I've been on one in Chicago and LaGuardia airports as well.  Plus the revenue that they have from replacement parts is pretty substantial.  My understanding of their product is that A-it's very good  B-substantially cheaper than the competition which makes it a lot more attractive  C-they're certified to sell in both countries especially the American market which makes municipalities eligible for Biden grants D-they've set up a good partnership recently sales wise E-their product line does include 35ft CNG buses which I personally see alot more demand for being as RNG is probably hot for the next 10 years as a lower carbon alternative than diesel which is falling out of favour in fleet sales in the US and being as the grid won't be able to handle the draw from everybody running EV.  As evidenced by Texas recently and F-Best in class fuel efficiency which.   And furthermore you are still using words phrases like "sure of it" without any hard numbers or facts.  Like I said before most people who buy this are looking at risk/reward here and there is some risk although they've been in business for 12 years or so and the reward is certainly better than an Enbridge and most likely wouldn't be setting up in the states unless they are confident that they have stuff coming in the pipeline and who knows about the EV bus, it could be the best in class.   I'll definitely keep my Divi stocks and ETF's but I'd be crazy not to have a per cent here that's why you balance your portfolio out.   
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