Vicinity Motor Corp. (TSXV:VMC)

Canada flag Canada · Delayed Price · Currency is CAD
0.0700
0.00 (0.00%)
Inactive · Last trade price on Oct 21, 2024
-94.02%
Market Cap 3.53M
Revenue (ttm) 40.13M
Net Income (ttm) -24.26M
Shares Out 50.48M
EPS (ttm) -0.53
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,256,662
Average Volume n/a
Open 0.0650
Previous Close 0.0700
Day's Range 0.0650 - 0.0700
52-Week Range 0.0550 - 1.2700
Beta 0.31
RSI 26.06
Earnings Date Mar 28, 2025

About Vicinity Motor

Vicinity Motor Corp. designs, builds, and distributes a suite of transit buses for public and commercial use under the Vicinity brand in the United States and Canada. It offers electric, CNG, and clean diesel buses, as well as electric trucks and spare parts. The company was formerly known as Grande West Transportation Group Inc. and changed its name to Vicinity Motor Corp. in March 2021. The company was founded in 2008 and is headquartered in Aldergrove, Canada. [Read more]

Founded 2008
Employees 57
Stock Exchange TSX Venture Exchange
Ticker Symbol VMC
Full Company Profile

Financial Performance

In 2023, Vicinity Motor's revenue was $19.05 million, an increase of 3.11% compared to the previous year's $18.48 million. Losses were -$16.63 million, -7.33% less than in 2022.

Financial numbers in USD Financial Statements

News

Vicinity Motor Corp. Announces Board Resignations

VANCOUVER, BC / ACCESSWIRE / October 25, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company") today announced that all members of the Board of Directors have resigned from ...

6 months ago - Accesswire

Vicinity Motor gets delisting notice from Nasdaq

Vicinity Motor (VEV) receives Nasdaq delisting notice for failure to meet bid price requirement and entry into receivership.

6 months ago - Seeking Alpha

Vicinity Motor Corp. Receives Nasdaq Delisting Notice

VANCOUVER, BC / ACCESSWIRE / October 23, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company") today announced that it has received a letter from the Nasdaq Listing Qualific...

6 months ago - Accesswire

Vicinity Motor Corp. Receives Notice from RBC of Intent to File Receivership Order on Monday, October 21, 2024

PricewaterhouseCoopers LLP Resigns as Auditor; BC Securities Commission Expected to Cease Trading by Monday, October 21, 2024 VANCOUVER, BC / ACCESSWIRE / October 18, 2024 / Vicinity Motor Corp. (NASD...

6 months ago - Accesswire

Vicinity Motor Corp. Notification of Workout Plan Conclusion Without Successful Financial Restructuring

VANCOUVER, BC / ACCESSWIRE / October 11, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced th...

6 months ago - Accesswire

Why Phoenix Motor Shares Are Trading Higher By 150%; Here Are 20 Stocks Moving Premarket

Shares of Phoenix Motor Inc . (NASDAQ: PEV) rose sharply in today's pre-market trading after the company reported a year-over-year increase in first-quarter financial results . Phoenix Motor reported...

7 months ago - Benzinga

Vicinity Motor Corp. Provides Update on Filing of Quarterly Financial Statements

VANCOUVER, BC / ACCESSWIRE / September 25, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles today provides an...

7 months ago - Accesswire

Vicinity Motor Corp. Provides Update on Filing of Quarterly Financial Statements

VANCOUVER, BC / ACCESSWIRE / September 11, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles today provides an...

8 months ago - Accesswire

Vicinity Motor Corp. to Exhibit VMC 1200 Electric Truck at the Everything Electric Canada Show

Company to Showcase VMC 1200 Class 3 Electric Truck at Booth #CV50 September 6-8, 2024 VANCOUVER, BC / ACCESSWIRE / September 6, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "...

8 months ago - Accesswire

Vicinity Motor Corp. Provides Update on Filing of Quarterly Financial Statements

VANCOUVER, BC / ACCESSWIRE / August 28, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles today provides an up...

8 months ago - Accesswire

Vicinity Motor Corp. Enters Into Workout Agreement to Develop a Restructuring Plan With Creditors

Vicinity Seeks to Forge Clear Path Forward in Ongoing Discussions with Creditors VANCOUVER, BC / ACCESSWIRE / August 21, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"...

8 months ago - Accesswire

Vicinity Motor Corp. Applies for Management Cease Trade Order

VANCOUVER, BC / ACCESSWIRE / August 14, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles today announces that...

9 months ago - Accesswire

Nasdaq Surges 200 Points; US Producer Prices Increase 0.1% In July

U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 200 points on Tuesday. The Dow traded up 0.47% to 39,542.44 while the NASDAQ rose 1.24% to 16,989.15. The S&P 500 al...

9 months ago - Benzinga

Why Rumble Shares Are Trading Higher By Around 7%; Here Are 20 Stocks Moving Premarket

Shares of Rumble Inc. (NASDAQ: RUM) rose sharply in today's pre-market trading following better-than-expected second-quarter financial results. Rumble reported second-quarter revenue of $22.5 million...

9 months ago - Benzinga

Royal Bank of Canada & EDC Issue Demand Letters and Notice of Enforcement of Security to Vicinity Motor Corp, a North American Supplier of Commercial Electric Vehicles

Vicinity Intends to Pursue All Available Options Afforded by Law to Resolve These Matters While Continuing to Support its Customer Base VANCOUVER, BC / ACCESSWIRE / August 9, 2024 / Vicinity Motor Cor...

9 months ago - Accesswire

Vicinity Motor Corp. to Report Second Quarter 2024 Financial Results on Wednesday, August 14 at 4:30 p.m. Eastern Time

VANCOUVER, BC / ACCESSWIRE / August 1, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced that...

9 months ago - Accesswire

Vicinity Motor Corp. Announces First Public Deployment of its Automated Transit Bus at Sleeping Bear Dunes National Lakeshore

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 ADAS...

9 months ago - Accesswire

Vicinity Motor Corp. Customers Eligible for U.S. IRS Commercial Clean Vehicle Tax Credit of Up to $40,000 per Vehicle

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) ("...

9 months ago - Accesswire

Vicinity Motor Corp. Announces Closing of the US$2.5 Million Registered Direct Offering

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, furth...

10 months ago - Accesswire

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) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced the r...

10 months ago - Accesswire

Vicinity Motor Corp. Announces Pricing of US$2.5 Million Registered Direct Offering

VANCOUVER, BC / ACCESSWIRE / July 16, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced that ...

10 months ago - Accesswire

Vicinity Motor Corp. Announces CARB Certification for VMC 1200 Class 3 Electric Truck

CARB Certification Enables Sale of VMC 1200 in Every U.S. State; Concurrently Qualifies VMC 1200 for Various Incentive Programs Nationally VANCOUVER, BC / ACCESSWIRE / July 12, 2024 / Vicinity Motor C...

10 months ago - Accesswire