PRESS RELEASE
News
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PRESS RELEASE
Vicinity Motor Corp. Secures VMC 1200 Distribution Agreement with VMC Laval in Laval, Canada
Montreal-based electric vehicle dealership, Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC), expands into the commercial EV market with the launch of VMC Laval, a new dealership in partnership with Groupe Taddeo Auto. With a focus on fleet solutions for businesses and government, the dealership will distribute Vicinity VMC 1200 electric trucks throughout Montreal-Laval, aiming to capitalize on government incentives and the growing demand for commercial EVs. -
PRESS RELEASE
Vicinity Motor Corp. Issues Shareholder Letter and Provides Corporate Update
Vicinity Motor Corp., a leading North American supplier of commercial electric vehicles, issued a letter to shareholders highlighting their success and growth in the electric vehicle market. The company has commenced operations at a new U.S. Manufacturing Campus in Ferndale, Washington, and has been building a North American dealer network for their VMC 1200 electric truck. They have also announced several key distribution agreements and partnerships, as well as showcased their next-generation EVs at industry conferences. Vicinity Motor Corp. looks forward to a strong 2024 with a focus on operational execution and addressing the significant demand in the marketplace. -
PRESS RELEASE
Vicinity Motor Corp. Signs VMC 1200 Distribution Agreement for Peninsula VMC Truck Centre in South Toronto, Canada
Vicinity Motor Corp. has announced a new distribution agreement with automotive industry executive Kelly Jennings to launch Peninsula VMC Truck Centre, a new VMC specific dealership for the territory located in the southern Toronto, Canada region. The dealership will distribute Vicinity VMC 1200 trucks throughout several cities, offering all-electric options to fleet operators in the area. -
PRESS RELEASE
Vicinity Motor Corp. Announces VMC 1200 Distribution Agreement with Shift EV Trucks in West Toronto, Canada
Vicinity Motor Corp. has signed a new distribution agreement with Shift EV Trucks to open Vicinity Trucks West Toronto, expanding into the commercial EV market. The new VMC specific dealership will provide fleet solutions for businesses and government with its inventory of Vicinity vehicles. Vicinity is a North American supplier of commercial electric vehicles, offering a range of EV cars, trucks, and motorcycles. The expansion into the commercial and fleet EV space is a significant opportunity driven by the declining total cost of ownership of EVs as compared to internal combustion vehicles, regulatory developments, infrastructure investments, and government incentives. -
PRESS RELEASE
Vicinity Motor Corp. Issues DSUs
Vicinity Motor Corp. has announced the granting of Deferred Share Units (DSUs) in connection with Directors Remuneration for the fourth quarter of 2023. Certain Eligible Directors have requested that their respective director's remuneration for the calendar year 2023 be paid in DSUs. Vicinity Motor Corp. is a North American supplier of electric vehicles for both public and commercial enterprise use, leveraging a dealer network and close relationships with world-class manufacturing partners to supply its flagship electric, CNG and clean-diesel Vicinity buses, as well as the VMC 1200 electric truck to the transit and industrial markets. -
PRESS RELEASE
Vicinity Motor Corp. Announces VMC 1200 Distribution Agreement with Jack Carter VMC Trucks in Southern Alberta, Canada
Vicinity Motor Corp. has announced a new distribution agreement with Jack Carter Commercial Vehicles to open Jack Carter VMC Trucks, a dealership for VMC 1200 electric trucks in Southern Alberta. This partnership aims to address the growing commercial electric vehicle market in the region and provide fleet solutions for businesses and government. The VMC 1200 class 3 all-electric truck is positioned as a versatile and compelling option, offering benefits such as environmental considerations, lower operational expenses, reduced maintenance, and attractive incentives and rebates. -
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PRESS RELEASE
Vicinity Motor Corp. Announces Inclusion of VMC 1200 in Quebec Transportation Ministry's Incentive Program for Electric Vehicles
Vicinity Motor Corp. announced the approval of the VMC 1200 for the Écocamionnage Program in Quebec, offering an CAD$85,000 rebate to buyers and aiming to promote electrification of commercial heavy vehicle transportation -
PRESS RELEASE
Vicinity Motor Corp. Grants Stock Options
