Vicinity Motor Corp. Secures Dealer Network Services Agreeme..........
DSMA to Identify and Assist in Securing Dealer Partnerships across North America for Vicinity's Industry-Leading, Class 3 VMC 1200 All-Electric Trucks VANCOUVER, BC / ACCESSWIRE / February 23, 2023 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced it signed a dealer network development services agreement with Dealer Solutions Mergers and Acquisitions ("DSMA") to enhance North American market penetration for its industry-leading, Class 3 VMC 1200 all-electric trucks.
When addressing the light-to-medium duty truck market, which equates to about 500,000 new units a year, it is a natural fit for us to partner with the groups that are already addressing the market with premier dealer services. DSMA can help us identify and execute on these relationships," concluded LaGourgue.