Electric Motor Vehicle Supplier Enters Into Workout Agreement

Vicinity Motor Corp., a key player in the North American commercial bus and electric vehicle industry, has recently announced a significant step towards financial stability by entering into a workout agreement with its secured lenders. Known for its innovative approach to sustainable transportation solutions, Vicinity Motor Corp. (NASDAQ: VEV)(TSXV: VMC) has now embarked on a initiative to restructure its financial obligations and pave the way for continued growth and leadership in the industry. $Vicinity Motor (VEV.US)$