VANCOUVER - Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC), a supplier of commercial electric vehicles in North America, announced today the expansion of its dealership network by partnering with Shift EV Trucks to establish Vicinity Trucks West Toronto. The new dealership, managed by the team behind Shift Electric Vehicles, will focus on distributing Vicinity's VMC 1200 trucks in the Western Toronto region.
Shift Electric Vehicles, operational since 2013 in Oakville, Ontario, is known for a diverse range of premium electric cars, trucks, and motorcycles, as well as a service department catering to various EV brands. Paul Repar, the owner with over three decades of experience in the automotive sector, will lead Vicinity Trucks West Toronto, aiming to serve commercial and fleet customers in the area.
William Trainer, CEO of Vicinity Motor Corp., highlighted the importance of partnering with established dealers to capitalize on the growing commercial EV market. He pointed out the market opportunity driven by factors such as lower ownership costs for EVs compared to internal combustion vehicles, supportive regulations, infrastructure investments, and government incentives.
Paul Repar expressed enthusiasm for the partnership and the potential of the VMC 1200 class 3 all-electric truck, emphasizing Vicinity's strong position in the commercial EV market.
The information in this article is based on a press release statement.
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