{"id":2363,"date":"2022-01-19T16:43:24","date_gmt":"2022-01-19T15:43:24","guid":{"rendered":"https:\/\/esgfireat40.frontender.se\/uncategorized\/newlox-appoints-un-renowned-gold-recovery-specialist-as-vp-of-operations-2\/"},"modified":"2022-02-07T13:01:11","modified_gmt":"2022-02-07T12:01:11","slug":"vicinity-motor-corp-receives-14-million-order-for-vmc-1200-ev-trucks-from-pioneer-auto-group","status":"publish","type":"post","link":"https:\/\/esgfire.com\/sv\/all-posts\/vicinity-motor-corp-receives-14-million-order-for-vmc-1200-ev-trucks-from-pioneer-auto-group\/","title":{"rendered":"Vicinity motor corp. receives $14 million order for VMC 1200 ev trucks from Pioneer auto group"},"content":{"rendered":"

Company: Vicinity Motor Corp(formerly Grande West Transportation )
\nListings :TSXV<\/a>\u00a0,\u00a0NASDAQ<\/a>
\nTicker: VMC.V & VEV
\nMarket cap at time of publication: $138 MCAD
\nStock price at time of publication: $3.96 CAD
\nBusiness: Leading supplier of electric, CNG, gas and clean-diesel buses for
\nboth public and commercial enterprise use in the U.S and Canada
\nComparable peer :\u00a0Greenpower Motor\u00a0<\/a>, Market cap $204 MCAD
\nWebsite:\u00a0https:\/\/vicinitymotorcorp.com\/<\/a><\/p>\n

ESG comment: Today (19\/1 2022) came yet another order large order announced from Vicinity Motors! The orders are flowing and we are very happy about the development for the company\u2019s order intake!<\/strong>\u00a0News in full below!<\/strong><\/p>\n

 <\/p>\n

Pioneer Auto Group to Act as Vicinity\u2019s Exclusive Dealer in British Columbia<\/em><\/p>\n

VANCOUVER, BC \u2013 January 19, 2022 \u2013\u00a0<\/strong>Vicinity Motor Corp. (NASDAQ:VEV) (TSXV:VMC) (FRA:6LGA) (\u201cVicinity\u201d or the \u201cCompany\u201d), a North American supplier of commercial electric vehicles,\u00a0today announced that it has secured a CAD $14 million order from Pioneer Auto Group (\u201cPioneer\u201d), a leading retail automotive dealer in British Columbia, for 100 VMC 1200 Class 3 electric trucks. The Pioneer Group has been appointed to act as VMC\u2019s exclusive dealer in the province of British Columbia \u2013 this follows a previous letter of intent.<\/p>\n

Pioneer is a well-respected Canadian dealership group with 17 locations located chiefly throughout British Columbia, Canada. The company retails over 6,000 vehicles per year and carries over 1,500 vehicles in its network including Mitsubishi, Honda, Chrysler, Dodge, Jeep and RAM models.\u00a0The VMC 1200 trucks should start arriving to Pioneer in the second quarter of 2022.<\/p>\n

\u201cWe are pleased to announce this order with Pioneer Auto Group, our exclusive dealer in the province,\u201d said William Trainer, Founder and CEO of Vicinity Motor Corp. \u201cGiven their significant presence across British Columbia and strong brand recognition in the region, we believe they are an ideal retailer for a practical vehicle such as our all-electric VMC 1200.<\/p>\n

\u201cThe VMC 1200 has proven extremely popular \u2013 I have seen significant preliminary interest for hundreds of additional VMC 1200 vehicles. This impressive indicative demand from our continent-wide dealer network positions us well to continue an exciting sales cadence throughout 2022. The first VMC 1200 trucks will be delivered from our Canadian operations and then manufacturing will shift to our new Washington state facility that is scheduled to come online late in the second quarter of 2022,\u201d\u00a0concluded Trainer.<\/p>\n

Ray Van Empel, President and CEO of Pioneer Auto Group, added: \u201cAs a leader in British Columbia, we eagerly await the first shipment of VMC 1200 vehicles in the\u00a0early second\u00a0quarter\u00a0of 2022. I believe that VMC\u2019s brand reputation positions this product line for success across our portfolio of dealerships province-wide.\u201d<\/p>\n

Legal Disclaimer<\/strong><\/p>\n

We own shares of these companies personally.<\/strong><\/p>\n

Investing in stocks is combined with certain risks and it is possible to lose your entire investment. Our posts are made for Educational purposes only and are not to be interpreted as tips , financial advice or recommendations of any kind to either buy or sell any stocks.<\/strong><\/p>\n

Companies may or may not be paying us for content posted on this website.<\/p>","protected":false},"excerpt":{"rendered":"

Company: Vicinity Motor Corp(formerly Grande West Transportation ) Listings :TSXV\u00a0,\u00a0NASDAQ Ticker: VMC.V & VEV Market cap at time of publication: $138 MCAD Stock price at time of publication: $3.96 CAD Business: Leading supplier of electric, CNG, gas and clean-diesel buses for both public and commercial enterprise use in the U.S and Canada Comparable peer :\u00a0Greenpower […]<\/p>\n","protected":false},"author":1,"featured_media":2365,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[148,128,9],"tags":[],"class_list":["post-2363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-posts","category-reports-news-interviews","category-vicinity-motor-corp"],"yoast_head":"\nVicinity motor corp. receives $14 million order for VMC 1200 ev trucks from Pioneer auto group - 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