VICINITY MOTOR CORP. ANNOUNCES $6+ MILLION CONTRACT FOR 15 VICINITY(TM) BUSES – RICH TV LIVE – April 19, 2021 – Vicinity Motor Corp. (TSXV:VMC)(OTCQX:BUSXF)(FRA:6LG) (“Vicinity Motor”, “VMC” or the “Company”) (Formerly Grande West Transportation Group), a leading supplier of electric, CNG, gas and clean diesel buses, today announced the receipt of a new purchase order with a leading Canadian provincial public transportation provider, for 15 Vicinity™ buses for a total value of over $6.0 million.
Rich picks daily is an online community for traders to exchange smart straightforward and profitable investment ideas and join us today at richpixdaily.com subscribe to us on youtube to learn useful stock trading secrets and discover the next 10 bagger hey guys how you doing this is rich from rich tv live and i told you guys last week that i felt like vicinity
Motor corp was finding a bottom and that there was a lot of room to go and i was clearly right you can see here that right here i’m gonna make a little line when i told you guys it was at the bottom it made a nice move up all the way up to 777 did finish at 767 but nice little move and i believe this is just the beginning and i’m going to explain to you why
This is vmc in canada and in america it’s bus xd motor corp and you can see very similar went from 582 when i was telling you it was at a bottom ran up to 622 and actually finished at 622 up 5 in america now if you guys want to follow vicinity motor corp on instagram it’s vicinity underscore bus i’m currently following them you can follow them on linkedin
Grand west transportation i’m currently following on linkedin you can follow on vimeo i’m following them on vimeo and this is their website vicinitybus.com and they’re actually working on the new website at grandwest.com as you can see his says our new corporate website is coming soon so there’s some big news today for vicinity motor corp and of course here
At rich tv live we’d love to bring you the winners we love to bring them to you first and we’d love to bring in the news first let’s talk about this news because this news for vicinity motor corp keeps getting better they just keep bringing big news better news every single day here’s the news today vicinity motor corp which is vmc in canada bus xd in america
And 6lg in frankfurt germany used to be formerly grand west transportation group a leading supplier of electric cng gas and clean diesel buses today announced the receipt of a new purchase order with a leading canadian provincial public transportation provider for 15 vicinity buses for a total value of approximately six million dollar contract for 15 vicinity
Buses it seems like these orders are coming in now on a regular per the terms of the supply agreement the transit authority will order transit authority the transit authority is ordering wow this big 15 of the company’s 30-foot vicinity-powered buses these buses that look like this wow 15 of the company’s 30-foot vicinity buses powered by compressed natural
Gas otherwise known as cng vmc expects delivery of the buses in the first half of 2022. let’s hear what they had to say about this we are pleased to have secured this substantial supply agreement with one of our long-term transit customers we continue to leverage our strong brand reputation throughout the canadian market to sell cng buses and position ourselves
For wider adoption of cleantech vehicle offerings in the future you can see there is a few different buses here’s the different buses so this is the 30 foot it looks like this and when i went to the oh that’s the diesel this is the cng so this is what the cngs look like when i went to the facility and did a tour of the facility these were some of the buses
I was looking at the cng buses so very excited to see that they are now selling like hotcakes pretty exciting we continue to leverage our strong brand reputation throughout the canadian market to sell cng buses and position ourselves for wider adoption of cleantech vehicle offerings in the future said ceo william traynor president and chief executive officer
Of emc we will continue to strive towards expanding market adoption of our clean burning cng and fully electric bus lines driving forward the transition to a more sustainable public transportation system i look forward to continued operational execution in the months ahead helping to create long-term value to our shareholders and let me remind you this is
A company whose goal is to grow to 1 billion dollars in annual sales and this is just the beginning now let me tell you a little bit about vicinity motor corp vicinity motor corp vmc in canada bus xd in america 6 lg in frankfurt germany is a leading supplier of electric cng gas and clean diesel buses for both public and commercial enterprise use in the us and
Canada the company’s flagship line of vicinity buses which maintain a dominant market share in canada are produced by the company’s world-class manufacturing partners or at the company’s buy america act compliant assembly facility in washington state the company’s innovative vicinity lightning ev buses and guys there’s so many different here’s the 35 footer
Cng this is the 30 foot cng the 35 foot diesel the 30 foot diesel the 26 to 28 foot medium duty and the 28 foot electric ev the company’s flagship line of vicinity buses which maintain a dominant market share in canada are produced by the company’s world-class manufacturing partners or at the company’s buy america at compliant assembly facility in washington
State the company’s innovative vicinity lightning ev buses enabled that look like this enabled through a tier one strategic supply agreement with bmw batteries and components seeks to lead the global transition to more sustainable transit vehicles in the private and public markets what do you guys think of this video if you like it please smash the like button
Comment down below share the video everywhere and subscribe remember rich tv live is strictly for education and information purposes always do your due diligence always do your research before you invest anything that we talk about here in rich tv live if you like the video please comment down below let me know what you think about this news seems like every
Single day or every single week i’m talking about bus and they’ve got some new news and this is big another six million dollar contract for 15 vicinity buses keep up all the great work guys at vicinity motor corp we brought it to you first if you’re not winning you’re not watching we bring you the winners and we bring them to you first we brought you vicinity
Motor corps first and this is just the first inning for this rocket this is your boy rich from rich tv live and i’m oh you
Transcribed from video
VICINITY MOTOR CORP. ANNOUNCES $6+ MILLION CONTRACT (VMC, BUSXD, 6LG) By RICH TV LIVE