Company: Vicinity Motor Corp
\nListings :TSXV\u00a0,\u00a0NASDAQ
\nTicker: VMC.V & VEV
\nMarket cap at time of publication: $107 MCAD
\nStock price at time of publication: $ 2.68\u00a0 CAD
\nTarget price: 15-32 CAD by external analysts
\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 :\u00a0Lion Electric\u00a0Market cap 2 billion USD
\nWebsite:\u00a0https:\/\/vicinitymotorcorp.com\/<\/p>\n
ESGFIRE comment: Vicinity Motors will be showcasing the North America\u2019s largest advanced transportation technology and clean fleet event on May 9th -12th with their VMC 1200 class 3 electric truck with a ProStake Platform Body by Morgan Truck Body, a sister business unit to EAVX. The unit will also be upfitted by EAVX with its latest VX Control multiplexed technology system, including a 360-degree camera system, digital rear view and side view mirrors, advanced driver assistance systems and load sensing technology. The VMC 1200 will be available at the Ride and Drive portion of the event. This event will give Vicinity Motors eyes on their products from some of the most important decision makers in the public transportation industry in North America.
\nFull Press release below:<\/p>\n
VANCOUVER, BC \u2013 April 25, 2022 – Vicinity Motor Corp. (NASDAQ:VEV) (TSXV:VMC) (FRA:6LGA) (“Vicinity” or the “Company”), a North American supplier of commercial electric vehicles, today announced that it will showcase its vehicles in a joint exhibit with its strategic partner EAVX, a JB Poindexter & Co business unit, at the Advanced Clean Transportation Expo (\u201cACT Expo\u201d) taking place May 9-12, 2022 in Long Beach, California.
\nThe Advanced Clean Transportation Expo is North America\u2019s largest advanced transportation technology and clean fleet event. For more than a decade, ACT Expo has united the transportation industry in its mission to reduce emissions and build a cleaner, more sustainable tomorrow. Last year\u2019s 10th anniversary event offered more than 5,000 industry stakeholders and 1,000 fleet operators access to the latest fuels, technologies, and vehicles driving the future of transportation.
\nVicinity will jointly exhibit its VMC 1200 Class 3 electric truck with a ProStake Platform Body by Morgan Truck Body, a sister business unit to EAVX. The unit will also be upfitted by EAVX with its latest VX Control multiplexed technology system, including a 360-degree camera system, digital rear view and side view mirrors, advanced driver assistance systems and load sensing technology. The VMC 1200 will be available at the Ride and Drive portion of the event.
\n\u201cThe ACT Expo brings together potential customers and fleet operators from around the world, presenting an incredible opportunity for us to showcase our newest vehicle to a highly targeted audience,\u201d said William Trainer, Founder and CEO of Vicinity Motor Corp. \u201cThis demo in particular will showcase the work we have done alongside our partner EAVX, who integrates chassis, technology and body (Morgan) to envision next-generation electric work truck bodies on our VMC 1200 base, highlighting the potential that our easily configurable VMC 1200 truck offers.\u201d
\n\u201cWe will also be meeting with a variety of stakeholders in the industry to introduce our full portfolio of products, such as the Vicinity Lightning EV as well as VMC Optimal EV product line. With the highest level of representatives in attendance being from California, we will be highlighting our 2021 MBTA authorization for California state transit agencies to purchase vehicles from our diverse portfolio through our tier-1 distribution partner ABC Companies,\u201d concluded Trainer.
\nAbout Vicinity Motor Corp.
\nVicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)(FRA:6LGA) is a North American supplier of electric vehicles for both public and commercial enterprise use. The Company leverages a dealer network and close relationships with world-class manufacturing partners to supply its flagship electric, CNG and clean-diesel Vicinity buses, the VMC 1200 electric truck and a VMC Optimal-EV shuttle bus. In addition, the Company sells its proprietary electric chassis alongside J.B. Poindexter business unit EAVX, the Company’s strategic partner, for upfitting into next-generation delivery vehicles.\u00a0For more information, please visit\u00a0www.vicinitymotorcorp.com.<\/p>\n
<\/p>\n
Legal Disclaimer
\nWe own shares of this company personally.
\nInvesting 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.
\nCompanies may or may not be paying us for content posted on this website.<\/p>","protected":false},"excerpt":{"rendered":"
Company: Vicinity Motor Corp Listings :TSXV\u00a0,\u00a0NASDAQ Ticker: VMC.V & VEV Market cap at time of publication: $107 MCAD Stock price at time of publication: $ 2.68\u00a0 CAD Target price: 15-32 CAD by external analysts Business: Leading supplier of electric, CNG, gas and clean-diesel buses for both public and commercial enterprise use in the U.S and […]<\/p>\n","protected":false},"author":1,"featured_media":2462,"comment_status":"closed","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-2672","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-posts","category-reports-news-interviews","category-vicinity-motor-corp"],"yoast_head":"\n