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Vicinity Motor Corp. Receives Follow on Orders for Three Vicinity Classic Clean Diesel Buses from Leading Quebec Transit Operators
Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) has secured follow-on orders for three Vicinity Classic Clean Diesel buses from two Quebec transit operators. Robert Paquette Autobus et Fils Inc. ordered one bus, while Les Autobus Transcobec (1987) Inc. ordered two. These buses, set for delivery in 2025, will serve the communities of Mirabel and Saint-Jérôme under the Canadian public transit agency EXO.
The Vicinity Classic is noted for its 90% market penetration in the Canadian mid-sized heavy-duty segment, offering low upfront costs, durability, and fuel savings. This order reinforces the bus's status as a reliable choice for transit operators and provides a foundation for Vicinity's expanding product line, including electric vehicles.
The Vicinity Classic is noted for its 90% market penetration in the Canadian mid-sized heavy-duty segment, offering low upfront costs, durability, and fuel savings. This order reinforces the bus's status as a reliable choice for transit operators and provides a foundation for Vicinity's expanding product line, including electric vehicles.
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