Vicinity Motor Corp (VMC)

1.9300
-0.0500(-2.53%)
  • Volume:
    18,615
  • Bid/Ask:
    1.9300/2.0300
  • Day's Range:
    1.9300 - 2.0500

VMC Overview

Prev. Close
1.98
Day's Range
1.93-2.05
Revenue
68.71M
Open
2
52 wk Range
1.54-8.7
EPS
-0.42
Volume
18,615
Market Cap
76.74M
Dividend (Yield)
N/A
(N/A)
Average Vol. (3m)
30,397
P/E Ratio
-3.64
Beta
0.713
1-Year Change
-75.41%
Shares Outstanding
39,760,040
Next Earnings Date
Aug 31, 2022
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Vicinity Motor Corp Company Profile

Vicinity Motor Corp Company Profile

Industry
Machinery
Employees
60
Market
Canada
  • Type:Equity
  • Market:Canada
  • ISIN:CA9256541058
  • CUSIP:925654105

Vicinity Motor Corp. designs, builds, and distributes a suite of transit buses for public and commercial use under the Vicinity brand in the United States and Canada. It offers electric, CNG, and clean diesel buses, as well as electric trucks and spare parts. The company was formerly known as Grande West Transportation Group Inc. and changed its name to Vicinity Motor Corp. in March 2021. Vicinity Motor Corp. founded in 2008 and is headquartered in Aldergrove, Canada.

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  • https://ceo.ca/@accesswire/vicinity-motor-corp-enters-ev-cutaway-market-in-strategic
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    • Vicinity Motor seeks to lead the global transition to more sustainable vehicles by expanding existing product lines and creating solutions for new customer segments.“We have been looking forward to this partnership with EAVX, a new JB Poindexter business unit who is on the forefront of technology innovation,” said William Trainer, Chief Executive Officer of Vicinity Motor Corp. “Vicinity has strong engineering and manufacturing expertise, and we believe that it is a natural transition to modify our proven electric bus chassis to accommodate walk-in van applications. Additionally, we believe there is significant demand through our existing municipal customer base for work truck solutions leveraging our new VMC 1200 Class 3 truck.”The proposed objectives of the collaboration include:1) Development of a next generation class 3 EV truck for municipal fleet applications.2) Development of a next generation class 5/6 truck for walk-in van applications.“We have a long history of creating the best work truck and commercial vehicle bodies and accessories, and we plan to continue to expand our capabilities by providing alternative energy vehicles through this partnership with VMC,” said John Poindexter, CEO and Chairman, JB Poindexter & Co.“As our municipal and commercial customers evaluate the decision to convert fleets from internal combustion engines to alternative fuel, such as EVs, the total cost of ownership is a primary factor,” said EAVX Chief Operating Officer and General Manager, Mark Hope. “Working with Vicinity Motor will enable us to offer vehicle solutions that help lower the cost of fuel and maintenance and expedite the adoption of EVs in the municipal and commercial vehicle markets.”
      0
      • The price will be minimum 50$
        2
        • How
          0
        • why not
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        • of course not only with reddit pump and minimum this is also a joke ))), but 20-30 is realistic price depending on market situation ))
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      • https://www.accesswire.com/653631/Vicinity-Motor-Corp-Announces-Uplisting-to-the-Nasdaq-Capital-Market-Under-New-Trading-Symbol-VEV
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        • if you believe in this company think to buy now and compared to GP its better company.
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      • 🦬✊🚀
        0
        • still best stock to onw and just matter of time it will be on nasdaq and will triple the price at least, good luck
          0
          • So much undervalue Stock
            0
            • Take a look for Tornado Global Hydrovacs
              0
              • -25% in two weeks. This is painful. If we lose support above $5.35, it is going to get ugly.
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                • Nasdaq × (low market cap + signed contracts) = 🚀
                  0