VICINITY MOTORS CORP WINS INITIAL ORDER FROM CALGARY TRANSIT WORTH $6 MILLION

Company: Vicinity Motor Corp(formerly Grande West Transportation )
Listings :TSXV , US OTC SOON to be up listed at Nasdaq
Ticker: VMC.V (previously BUS ,BUSXF at US OTC
Market cap at time of publication: $194 MCAD
Stock price at time of publication: $6,6 CAD ( reverse split price 2,2 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 : Greenpower Motor , Market cap $500 MCAD
Website: https://www.grandewest.com/

Hard work has paid off for Vicinity Motors which today proudly announced an initial order of 14 Vicinity Lightning™ EV buses worth $6 million from Calgary transit.

CEO William Trainer provided a comment with the announcement:

“Calgary Transit is one of Canada’s leading transit authorities, with a strong commitment to reducing vehicle emissions and environmental impact,” said William Trainer, Founder and CEO of Vicinity Motor Corp. “This first order marks the beginning of a valuable partnership with Calgary Transit as they diversify their fleet and mitigate exposure to energy and carbon costs.

“As cities around the world seek to meet climate goals, the demand for sustainable, zero emission transit options like our breakthrough Vicinity Lightning™ EV will continue to grow. We look forward to introducing our electric vehicles to the people of Calgary in the short-term and continuing to build value for our shareholders with the continued momentum in our next-generation Vicinity Lightning™ EV line.”


ESG Comment: Calgary Transit has the potential to become avery big customer for Vicinity Motors since they have a fleet of over 1000 buses. The contract that was signed runs over 5 years with an option to buy additional vehicles. The order is expected to be delivered in 2022.
Vicinity Motors most likely won this bid over other several actors since this was a public bid process. We see it as a very strong sign of the customer adaption and customer service orientated focus that Vicinity Motors has displayed to win this bid. Their Vicinity Lightning™ EV buses seems to constitute the best value for money in the public transit market judging by this recent order.
This order is also most likely the first of many as a result of winning public bidding processes.

We own shares of this company personally.

Investing in stocks is combined with certain risks and it is possible to lose your entire investment. My posts are made for Educational purposes only and are not to be interpreted as tips , financial advise or recommendations of any kind to either buy or sell any stocks.

Companies may or may not be paying us for content posted on this blog.

Vicinity Motor Affirms State of Washington Support for Transit Electrification with State Grant

Company: Vicinity Motor Corp(formerly Grande West Transportation )
Listings :TSXV , US OTC SOON to be up listed at Nasdaq
Ticker: VMC.V (previously BUS ,BUSXF at US OTC
Market cap at time of publication: $191 MCAD
Stock price at time of publication: $6,52 CAD ( reverse split price 2,16 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 : Greenpower Motor , Market cap $500 MCAD
Website: https://www.grandewest.com/

Vicinity Motors corp has today announced that they have received over $300 000 worth of grants for the development of their new facility in the state of Washington. The economic development grant from the Washington State Department of Commerce is part of a larger group of state grants focused on high impact investments in the areas of innovation, sustainability and resilience.

ESG comment:
We welcome the news of this grant as a sign that Vicinity Motors corp is building a strong relationship with the state of Washington and that their new establishment has been well recieved! This is a step in the right direction towards more grants and cooperations with the local authorities.

We own shares of this company personally.

Investing in stocks is combined with certain risks and it is possible to lose your entire investment. My posts are made for Educational purposes only and are not to be interpreted as tips , financial advise or recommendations of any kind to either buy or sell any stocks.

Companies may or may not be paying us for content posted on this blog.

Vicinity Motor Corp Announces Entry into Medium-Duty Electric Truck Market

Company: Vicinity Motor Corp(formerly Grande West Transportation )
Listings :TSXV , US OTC SOON to be up listed at Nasdaq
Ticker: VMC.V (previously BUS ,BUSXF at US OTC
Market cap at time of publication: $191 MCAD
Stock price at time of publication: $6,5 CAD ( reverse split price 2,16 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 : Greenpower Motor , Market cap $500 MCAD
Website: https://www.grandewest.com/

Vicinity Motors , the top pick for ESGFIRE in the electric vehicles sector, today announced the news that they are launch a medium-duty electric bus which targets the urban delivery market. The EV truck is expected to appeal to customers in urban delivery applications with daily usage under 150 miles. Vehicles will be sold through a robust network of existing dealerships throughout North America. Full production and commercial deliveries of the VMC trucks is scheduled to begin in the fourth quarter of 2021.

William Trainer CEO of VMC commented :
“The premiere of the VMC electric truck is an incredible milestone for not only Vicinity, but for the industry as it transitions towards true zero-emissions,” said William Trainer, Founder and CEO of Vicinity Motor Corp. “The VMC truck will be an environmentally friendly alternative for diesel vehicles more commonly used in this segment. We designed our electric truck to be a cost-effective, user-friendly vehicle with the ability to charge using standardized solutions, requiring no major infrastructure upgrades on the part of our customers. We’ve leveraged our world class technology to engineer this one-of-a-kind vehicle with our customer in mind – and the result is another industry first.

ESG comment: Vicinity motors expects to sell over 5000 units of this new electric vehicles type in a market that annually sells over 400 000 trucks. The company also states that they have locked in production levels for orders of up to 200 units in 2021 alone.
The company undoubtedly looks to be moving towards a major market penetration breakthrough!

We own shares of this company personally.

Investing in stocks is combined with certain risks and it is possible to lose your entire investment. My posts are made for Educational purposes only and are not to be interpreted as tips , financial advise or recommendations of any kind to either buy or sell any stocks.

Companies may or may not be paying us for content posted on this blog.

Vicinity Motor Corp to Present at LD Micro Invitational XI

Company: Vicinity Motor Corp(formerly Grande West Transportation )
Listings :TSXV , US OTC SOON to be up listed at Nasdaq
Ticker: VMC.V (previously BUS ,BUSXF at US OTC
Market cap at time of publication: $189 MCAD
Stock price at time of publication: $6,43 CAD ( reverse split price 2,14 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 : Greenpower Motor , Market cap $500 MCAD
Website: https://www.grandewest.com/

We want to inform our subscribers that our top pick in the electric vehicles sector, Vicinity Motors corp, will be presenting at the LD
Micro Invitational XI investor conference which is taking place virtually between June 8-10, 2021.

CEO of Vicinity Motors corp , William trainer, is schedualed to host a presentation at the following time:

2021 LD Micro Invitational XI
Date: Thursday, June 10, 2021
Time: 1:30 p.m. EDT – Track 2
Webcast: http://www.ldmicrojune2021.mysequire.com

We hope you will be listening to hear the latest from the company !

We own shares of this company personally.

Investing in stocks is combined with certain risks and it is possible to lose your entire investment. My posts are made for Educational purposes only and are not to be interpreted as tips , financial advise or recommendations of any kind to either buy or sell any stocks.

Companies may or may not be paying us for content posted on this blog.