VMC:CC - Dealer Network Services Agreement Secured

This leading supplier of commercial %ElectricVehicles just signed a dealer agreement for its all %ElectricTrucks - and defining new market opportunities in the North American market.

North American electric vehicle suppler %VicinityMotor () ( ) announced in its press release signed a dealer network development services agreement with Dealer Solutions Mergers and Acquisitions to enhance North American market penetration for its industry-leading, Class 3 VMC 1200 all-electric trucks. DSMA is North America's leading automotive intelligence and M&A advisory service.

The agreement calls for DSMA to assist Vicinity in identifying and establishing dealer performance criteria, metrics, and guidelines for selecting and prioritizing dealership opportunities, setting the strategy for "early adopters", prioritizing geographic focus and helping define opportunities to enter different markets or introduce new vehicle offerings.

Canadian shares were trading up at $1.26 in morning trade.