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Financing is Intended to Accelerate the Near-Term Monetization of the Company's US$150 Million Backlog; Includes New Strategic Investor Focus Asset Management, Insiders, and Influential Industry Stakeholders Not for distribution to U.S. news wire services or dissemination in the United State...
VANCOUVER, BC / ACCESSWIRE / March 27, 2023 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced that it will release financial results for the fourth quarter and full year ended December 31, 2022,...
2023-03-22 07:16:52 ET Vicinity Motor ( NASDAQ: VEV ) has secured a C$3.6M convertible debenture financing to accelerate vehicle deliveries. The convertible debentures are issued in denominations of C$1,000, bear interest at 15% per annum, and mature 18 months from the clo...
CAD$3.6 Million Financing Comprised of New Strategic Investors to Support Near-Term Monetization of the Company's US$150 Million Backlog Not for distribution to U.S. news wire services or dissemination in the United States VANCOUVER, BC / ACCESSWIRE / March 22, 2023 / Vicinity Motor Cor...
Final Electrical Components Have Been Installed and the Company has Received its Certificate of Occupancy from the City of Ferndale Management Anticipates Initial Corporate Activities to Begin in Ferndale Immediately, with U.S. Vehicle Assembly to Commence in the First Half of 2023 VANCO...
Summary Company remains in the early innings of its intended transition to BEVs. Ongoing supply chain issues have caused management to suspend guidance. Company recently announced a $100+ million BEV truck purchase order from its exclusive dealer in British Columbia. While produ...
Nasdaq Stock Market notified Vicinity Motor ( NASDAQ: VEV ) that due to its closing bid price being below $1/share for 30 consecutive days, it is not in compliance with the minimum bid price requirement. The company has been granted 180 calendar days, or until Aug.28, 2023 to...
VANCOUVER, BC / ACCESSWIRE / March 1, 2023 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced that it has received a notification letter from the Nasdaq Stock Market LLC (the "NASDAQ") dated Fe...
This leading supplier of commercial %ElectricVehicles just signed a dealer agreement for its all %ElectricTrucks - and defining new market opportunities in the North American market. North American electric vehicle suppler %VicinityMotor ($VEV) ($VMC ) announced in its press r...
Vicinity Motor ( NASDAQ: VEV ) signed a dealer network development services agreement with Dealer Solutions Mergers and Acquisitions (DSMA) for enhancing North American market penetration for its industry-leading, Class 3 VMC 1200 all-electric trucks. DSMA is the pr...
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Vicinity Autonomous Electric Transit Bus to See First Deployment with National Park Service in August 2024; New Capability Enabled by Partnership with Automated Driving Software Platform Provider ADASTEC VANCOUVER, BC / ACCESSWIRE / July 30, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)...
Tax Credits include up to $7,500 for VMC 1200 and up to $40,000 for Lightning Electric Transit Bus Purchases VANCOUVER, BC / ACCESSWIRE / July 25, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, tod...
VANCOUVER, BC / ACCESSWIRE / July 17, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, announces that, further to its press release dated July 16, 2024, it has today closed the US$2.5 million financing of...