on Vicinity Motor Corp. (NASDAQ:VEV)
Vicinity Motor Corp. Receives Follow-on Orders for Three Vicinity Classic Clean Diesel Buses from Leading Quebec Transit Operators
Vancouver, BC / ACCESSWIRE / July 17, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC), a North American supplier of commercial electric vehicles, announced new follow-on purchase orders from two Québec transit operators for three Vicinity™ Classic buses.
Robert Paquette Autobus et Fils Inc. ordered one and Les Autobus Transcobec (1987) Inc. ordered two Vicinity Classic Clean Diesel buses. These buses, set for delivery in 2025, will service the communities of Mirabel and Saint-Jérôme under the public transit agency EXO.
"The Vicinity Classic transit bus serves as a reliable workhorse, generating steady revenue for our autonomous-ready bus segment," stated Brent Phillips, President of Vicinity Motor Corp. Phillips added that the low cost, proven durability, and fuel efficiency of the Vicinity Classic make it a preferred choice for many transit operators.
The Vicinity Classic's strong position supports the company's growing product range, including the Vicinity Lightning electric bus and the VMC 1200 Class 3 electric truck. Phillips emphasized the importance of collaboration with Transcobec and Paquette for upcoming deliveries.
R. P.
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