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VEV - Vicinity Motor stock gains on new bus distribution deal
Vicinity Motor Corp.
Vicinity Motor (NASDAQ:VEV) shares climbed ~5% Monday morning after the EV supplier announced a new distribution deal with Central States Bus Sales. Central States, a regional bus distributor, will distribute Vicinity vehicles throughout the entire central U.S. region. The deal covers seven states, extending from Kentucky to Nebraska, and an initial commitment for 18 stock and demonstration vehicles.