Vicinity Motor Corp V.VMC

Good News?

[Pandora]

A sale of 14 electric buses to Honolulu Airport should be construed as good news and hopefully will stop the bleeding.

[sorrenson]

Unfortunately   these guys have pumped alot of orders that dont materialize and I am sure the market will roll their eyes and ignore the pump.    Might stop  or at least pause the bleed   

[subaru1]

Yes, that is the problem they don't deliver and when they deliver they don't want to tell how many they deliver ????They mention in the release that they will be deliver in 2024. When i read between the line i got the feeling that they don't sell many VMC1200 to be able to build these extra 14 bus so quickly.

[sorrenson]

You can rest assured that they wont be delivering 18 in 2024 I will be shocked it they deliver the four due last year,    Of course they have 14 going to Calgary in 2022 ,   Oakville has 4 vicinity diesels and is replacing 1/2 the fleet with electric.   They bought some tiny turkish things instead of Vicinity .  Not warm and fuzzy feeling 

[subaru1]

Yes these bus are built by KARSAN an european company ans our government are throwing our money overthere, meanwhile KARSAN as a dealer in Missisauga ont. for VMC i can not find a list of their bus dealer, may be it is because they don't have any dealer.?????

[sorrenson]

The Karsan are built in Turkey which is 40% coal power,   Canada is under 5    So much for a green bus All ev's should be dutied based on how clean the country is ,   

[subaru1]

For now it pause the bleed, until we got a news that they deliver something we are stock in that $0,50 range, i hope.

[slipdan]

Very surprised to see such a strong descent in the last few days with no news