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Vicinity Motor Corp. (VEV)

NASDAQ: VEV · IEX Real-Time Price · USD
4.08
-0.05 (-1.21%)
After-hours:Oct 26, 2021 7:20 PM EDT
4.13
0.02 (0.49%)
At close: Oct 26, 4:00 PM
Market Cap125.96M
Revenue (ttm)59.79M
Net Income (ttm)n/a
Shares Out30.81M
EPS (ttm)-0.01
PE Ration/a
Forward PE6.14
Dividendn/a
Ex-Dividend Daten/a
Volume175,623
Open4.13
Previous Close4.11
Day's Range4.04 - 4.15
52-Week Range3.90 - 8.10
Beta0.74
Analystsn/a
Price Targetn/a
Earnings Daten/a

About VEV

Vicinity Motor Corp. designs, engineers, manufactures, and sells Vicinity branded mid-size multi-purpose transit vehicles for public and commercial enterprises in the United States and Canada. It offers buses in clean diesel, gas, and CNG drive systems; and also produces and sells spare parts. The company was formerly known as Grande West Transportation Group Inc. and changed its name to Vicinity Motor Corp. in March 2021. Vicinity Motor Corp. founded in 2008 and is headquartered in Aldergrove, Canada.

IndustryAuto Manufacturers
Founded2008
CEOJean-Marc Landry
Employees53
Stock ExchangeNASDAQ
Ticker SymbolVEV
Full Company Profile

Financial Performance

In 2020, Vicinity Motor's revenue was 26.07 million, an increase of 5.77% compared to the previous year's 24.65 million. Losses were -4.40 million, -11.70% less than in 2019.

Financial numbers in millions CADFinancial Statements

News

Vicinity Motor Corp. Announces Closing of US$17 Million Underwritten Public Offering

VANCOUVER, BC / ACCESSWIRE / October 25, 2021 / Vicinity Motor Corp. (TSXV:VMC)(NASDAQ:VEV)(FRA:6LGA) ("Vicinity Motor" or the "Company"), a leading North American supplier of commercial electric vehicl...

1 day ago - Accesswire

Vicinity Motor Corp. To Attend CALACT 2021 Autumn Conference & Expo

All California State Transit Agencies Attending are Authorized to Purchase Vicinity Buses through Distribution Partner ABC Companies VANCOUVER, BC / ACCESSWIRE / October 22, 2021 / Vicinity Motor Corp. ...

4 days ago - Accesswire

Vicinity Motor Shares Plunge After Raising $17M Via Equity Offering

Vicinity Motor Corp (NASDAQ: VEV) reported a public offering of 3.99 million units at $4.26 per Unit. Each Unit consists of one common share and one-half of one Common Share purchase warrant.

5 days ago - Benzinga

Vicinity Motor Corp. Announces US$17 Million Underwritten Public Offering of Common Shares and Warrants

VANCOUVER, BC / ACCESSWIRE / October 21, 2021 / Vicinity Motor Corp. (TSXV:VMC) (NASDAQ:VEV) (FRA:6LGA) ("Vicinity Motor" or the "Company"), a leading North American supplier of commercial electric vehi...

5 days ago - Accesswire

Vicinity Motor Inks Supply Agreement With Electrovaya For Lithium-Ion Battery Systems

Vicinity Motor Corp (NASDAQ: VEV) has entered a supply agreement with Electrovaya Inc (OTC: EFLVF) to provide battery systems for its line of Vicinity Lightning EV buses and fully electric VMC 1200 Clas...

1 week ago - Benzinga

Vicinity Motor Corp. Announces Strategic Supply Agreement with Electrovaya for Lithium Battery Systems

Electrovaya to provide Lithium-ion battery systems for Vicinity electric vehicles VANCOUVER, BC / ACCESSWIRE / October 13, 2021 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)(FRA:6LGA) ("Vicinity Motor,"...

1 week ago - Accesswire

Electrovaya Announces Strategic Supply Agreement with Vicinity Motor Corp. for Lithium Battery Systems

Electrovaya to provide lithium ion battery systems for Vicinity electric buses and trucks TORONTO, ON / ACCESSWIRE / October 13, 2021 / Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a lithium ion battery man...

1 week ago - Accesswire

Vicinity Motor Corp. Provides Corporate Update and 2022 Financial Guidance

Company Expects FY 2022 Revenues of over $140 Million Driven by Strong North American Sales Momentum VANCOUVER, BC / ACCESSWIRE / October 12, 2021 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)(FRA:6LGA)...

2 weeks ago - Accesswire

Vicinity Motor Signs Licensing Agreement With Optimal-EV

Vicinity Motor Corp (NASDAQ: VEV) has signed a licensing and marketing agreement partnering with Optimal Electric Vehicles, LLC to serve as the exclusive North American distributor of the all-electric p...

2 weeks ago - Benzinga

Vicinity Motor Corp. Enters EV Cutaway Market in Strategic Partnership with Optimal-EV

Vicinity Continues to Expand All-Electric Product Offering within its North American Dealer Network; To Host Conference Call at 4:30 p.m. Eastern time Today VANCOUVER, BC / ACCESSWIRE / October 6, 2021 ...

2 weeks ago - Accesswire

Vicinity Motor Corp. Announces Closing of $10M Financing

VANCOUVER, BC / ACCESSWIRE / October 5, 2021 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)(FRA:6LGA) ("Vicinity Motor" or the "Company"), a leading supplier of electric, CNG, and clean diesel vehicles, ...

3 weeks ago - Accesswire

Vicinity Motor Corp. Executes Strategic Collaboration Agreement with JB Poindexter & Co's Business Unit, EAVX, to Exp...

VANCOUVER, BC / ACCESSWIRE / October 4, 2021 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)(FRA:6LG) ("Vicinity Motor," "VMC" or the "Company"), a North American electric vehicle (EV) manufacturer focuse...

3 weeks ago - Accesswire

Vicinity Motor Partners With Aereus To Offer CuVerro Shield Technology

Vicinity Motor Corp (NASDAQ: VEV) has partnered with Aereus Technologies to offer its CuVerro Shield technology, an antimicrobial treatment option for high-touch areas of Vicinity vehicles. CuVerro Shie...

3 weeks ago - Benzinga

Vicinity Motor Corp. Partners with Aereus Technologies to Offer Next-Generation Antimicrobial Treatment for Vehicles

Patented, Antimicrobial Treatment Protects Vehicles from Harmful Bacteria Transmission, Improving Confidence in Rider Safety for Public Transit Operators VANCOUVER, BC / ACCESSWIRE / September 30, 2021 ...

3 weeks ago - Accesswire

Vicinity Motor Corp. to Present at LD Micro Main Event on October 12, 2021

VANCOUVER, BC / ACCESSWIRE / September 29, 2021 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)(FRA:6LG) ("Vicinity Motor" or the "Company"), a leading supplier of electric, CNG, gas and clean diesel vehi...

3 weeks ago - Accesswire

Vicinity Motor Raises C$10M Via Debentures

Vicinity Motor Corp (NASDAQ: VEV) has announced non-brokered financing of unsecured debenture units of C$10 million. The company intends to use the proceeds for general working capital and fund contract...

4 weeks ago - Benzinga

Vicinity Motor Corp. Announces $10 Million Financing

VANCOUVER, BC / ACCESSWIRE / September 27, 2021 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)(FRA:6LG) ("Vicinity Motor" or the "Company"), a leading supplier of electric, CNG, gas and clean diesel vehi...

4 weeks ago - Accesswire

Vicinity Motor Corp. Receives Over $15 Million in Orders for 38 Vicinity(TM) Classic Buses from Leading Quebec Transi...

VANCOUVER, BC / ACCESSWIRE / September 23, 2021 / Vicinity Motor Corp. (NASDAQ:VEV) (TSXV:VMC) (FRA:6LG) ("Vicinity Motor" or the "Company"), a leading supplier of electric, CNG, gas and clean diesel ve...

1 month ago - Accesswire

Vicinity Motor Corp. to Present at H.C. Wainwright 23rd Annual Global Investment Conference on September 13, 2021

VANCOUVER, BC / ACCESSWIRE / August 30, 2021 / Vicinity Motor Corp. (TSXV:VMC)(NASDAQ:VEV)(FRA:6LG)("Vicinity Motor" or the "Company"), a leading supplier of electric, CNG, gas and clean diesel vehicles...

1 month ago - Accesswire

Vicinity Motor Corp. Announces At-the-Market Equity Program

VANCOUVER, BC / ACCESSWIRE / August 27, 2021 / Vicinity Motor Corp. (TSXV:VMC)(NASDAQ:VEV)(FRA:6LG) ("Vicinity Motor" or the "Company"), a leading supplier of electric, CNG and clean diesel vehicles, to...

1 month ago - Accesswire

Vicinity Motor Corp. to Host Virtual Roadshow Webinar on September 8th at 11:30 a.m. Eastern time

VANCOUVER, BC / ACCESSWIRE / August 25, 2021 / Vicinity Motor Corp. (TSXV:VMC)(NASDAQ:VEV)(FRA:6LG)("Vicinity Motor" or the "Company"), a leading supplier of electric, CNG and clean diesel vehicles, wil...

2 months ago - Accesswire

Vicinity Motor Corp. Reports Second Quarter 2021 Financial Results

VANCOUVER, BC / ACCESSWIRE / August 11, 2021 / Vicinity Motor Corp. (TSXV:VMC)(NASDAQ:VEV)(FRA:6LG)("Vicinity Motor" or the "Company"), a leading supplier of electric, CNG, gas and clean diesel buses, t...

2 months ago - Accesswire

Vicinity Motor Corp. to Present at SNN Network Summer Virtual Event

CEO William Trainer to Present Wednesday, August 18 at 3:30pm Eastern time VANCOUVER, BC / ACCESSWIRE / August 10, 2021 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)(FSE:6LG) ("Vicinity Motor," "VMC" or...

2 months ago - Accesswire

Vicinity Motor Corp. to Report Second Quarter 2021 Results on Wednesday, August 11 at 4:30 p.m. Eastern Time

VANCOUVER, BC / ACCESSWIRE / July 30, 2021 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)(FSE:6LG) ("Vicinity Motor," "VMC" or the "Company"), a leading supplier of electric, CNG and clean diesel vehicle...

2 months ago - Accesswire

Vicinity Motor Corp. Selected for California Statewide Contract

Largest State Transit Association in U.S. Authorizes Purchase of Vicinity Buses through Distribution Partner, ABC Companies VANCOUVER, BC / ACCESSWIRE / July 28, 2021 / Vicinity Motor Corp. (NASDAQ:VEV)...

2 months ago - Accesswire