VEV - Vicinity Motor expands U.S. distribution partnership with ABC Companies

Vicinity Motor (NASDAQ:VEV) announced the expansion of its strategic U.S. distribution agreement with ABC Companies, provider of motorcoach and transit equipment in North America. The ABC distributorship supports Vicinity's focus on U.S. expansion to market the Vicinity heavy duty mid-size bus, the Vicinity Lightning EV and the VMC Optimal EV S1 low floor shuttle bus to new and existing customers. Under the agreement, ABC will distribute Vicinity's product portfolio to 18 states covering key population centers across the country important to VMC's growth markets. Related to the new agreement, ABC has contracted to order 18 VMC Optimal S1 shuttle buses and 3 Vicinity Classic buses - in addition to the earlier announced order for 10 Vicinity Lightning EV buses slated for delivery in 2022.

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Vicinity Motor expands U.S. distribution partnership with ABC Companies