![]() ![]() Leveraging our partnership with ABC Companies, we believe we can offer competitive bids for our innovative line of Vicinity high efficiency buses. “ CALACT forecasts this contract may include up to 8,000 vehicles over 5 years, representing a major opportunity for Vicinity to expand in California. “The California market represents the largest in the United States, and this contract allows all CALACT members the ability to choose Vicinity as an OEM supplier for their growing fleets,” said William Trainer, Founder and CEO of Vicinity Motor Corp. Once constructed, the Washington State based facility will also produce the upcoming Vicinity Lightning 28’ all electric transit bus. Vehicles authorized for purchase will be produced at Vicinity’s recently announced “Buy America” compliant assembly facility in the State of Washington, which will produce environmentally friendly CNG and clean-diesel vehicles between 28 and 35 feet in length. CALACT has over 300 members and is dedicated to promoting professional excellence, stimulating ideas and advocating for effective community transportation. Vicinity Motor Corp today announced that the MBTA has authorized an award on behalf of the California Association for Coordinated Transportation (“CALACT”) consortium members to select Vicinity buses in a statewide purchasing contract that gives State transit agencies authority to purchase “Buy America” compliant buses directly from the Company’s diverse portfolio through its distribution partner ABC Companies.ĬALACT is the largest state transit association in the United States, representing California small, rural and specialized transportation providers statewide. Stock price at time of publication: $6,79 CAD ( reverse split price 2,26 CAD) Market cap at time of publication: $209 MCAD Our 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.Ĭompanies may or may not be paying us for content posted on this blog. Investing in stocks is combined with certain risks and it is possible to lose your entire investment. We own shares of these companies personally. A webcast will also be available by clicking here: Vicinity Q2 2021 Webcast. Please use the replay pin number 10159285. To listen, call 1-84 within the United States and Canada or 1-41 when calling internationally. Please dial in at least 10 minutes before the start of the call to ensure timely participation.Ī playback of the call will be available through Saturday, September 11, 2021. To participate, please use the following information: Eastern time on Augto discuss Vicinity’s second quarter 2021 financial results, provide a corporate update, and conclude with Q&A from telephone participants. Management will host an investor conference call at 4:30 p.m. Vicinity Motor Corp, a leading supplier of electric, CNG and clean diesel vehicles, today announced that it will release financial results for the second quarter ended June 30, 2021, after market close on Wednesday, August 11, 2021. Stock price at time of publication: $7,22 CAD ( reverse split price 2,40 CAD)īusiness: Leading supplier of electric, CNG, gas and clean-diesel buses forīoth public and commercial enterprise use in the U.S and CanadaĬomparable peer : Greenpower Motor , Market cap $485 MCAD Market cap at time of publication: $223 MCAD ![]() Company: Vicinity Motor Corp(formerly Grande West Transportation ) ![]()
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