The State of Washington and New Mexico selected Vicinity buses in a statewide purchasing contract that gives State transit agencies the right to purchase directly from the Company’s diverse bus portfolio.distribution agreement with ABC Companies, a leading provider of motorcoach and transit equipment in North America, to distribute the manufacturer’s Vicinity™ heavy-duty vehicles throughout United States. Received orders for another ten Vicinity Lightning™ EV buses with expected delivery in 2021.Delivered 67 buses for the three months ended March 31, 2021, as compared to 6 buses for the three months ended March 31, 2020.Revenue grew 588% to $27.3 million in the first quarter of 2021, as compared to $4.0 million in the same year-ago quarter.Vicinity Motors corp yesterday (17/5 2021) reported their results for Q1 2021 and the numbers are IMPRESSIVE to say the least. *Assuming sales of 70 MCAD for 2021 which is equal to 200 buses sold for 2021. Stock price at time of publication: $6.35 CAD ( reverse split price 2.11 CAD)īusiness: Leading supplier of electric, CNG, gas and clean-diesel busesĬomparable peer : Greenpower Motor , Market cap $378 MCAD Market cap at time of publication: $187 MCAD Ticker: VMC.V (previously BUS , ) BUSXF at US OTC Listings : TSXV , US OTC SOON to be up listed at Nasdaq Company: Vicinity Motor Corp(formerly Grande West Transportation )
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