Vicinity Motor Corp. (VEV)

NASDAQ: VEV · IEX Real-Time Price · USD
0.653
+0.022 (3.49%)
At close: Apr 19, 2024, 4:00 PM
0.669
+0.016 (2.48%)
After-hours: Apr 19, 2024, 5:49 PM EDT
3.49%
Market Cap 30.60M
Revenue (ttm) 14.32M
Net Income (ttm) -12.51M
Shares Out 45.67M
EPS (ttm) -0.26
PE Ratio n/a
Forward PE 3.28
Dividend n/a
Ex-Dividend Date n/a
Volume 13,400
Open 0.622
Previous Close 0.631
Day's Range 0.622 - 0.673
52-Week Range 0.605 - 1.380
Beta 0.49
Analysts n/a
Price Target n/a
Earnings Date May 13, 2024

About VEV

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 NASDAQ
Ticker Symbol VEV
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 CAD Financial Statements

News

Brent Phillips to Lead Next Phase of Growth at Vicinity Motor Corp.

Phillips is promoted to the newly created role of President Working alongside William Trainer, Founder and CEO, Phillips will drive strategic and operational initiatives to streamline production and i...

1 day ago - Accesswire

Vicinity Motor Corp. Announces CAD$2 Million Loan

VANCOUVER, BC / ACCESSWIRE / April 18, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)(FRA:6LGA) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today anno...

1 day ago - Accesswire

Vicinity Motor Corp. Reports Fourth Quarter and Full Year 2023 Financial Results

Q4 2023 Deliveries of 11 Vicinity™ Classic Transit Buses Generate $5.1M in Revenue VANCOUVER, BC / ACCESSWIRE / April 2, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"...

17 days ago - Accesswire

Vicinity Motor Corp. Issues DSUs

VANCOUVER, BC / ACCESSWIRE / March 29, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announces the ...

21 days ago - Accesswire

Vicinity Motor Corp. Reschedules Fourth Quarter and Full Year 2023 Financial Results Conference Call to Tuesday, April 2 at 4:30 p.m. Eastern Time

VANCOUVER, BC / ACCESSWIRE / March 27, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced that...

23 days ago - Accesswire

Vicinity Motor Corp. to Report Fourth Quarter and Full Year 2023 Financial Results on Thursday, March 28 at 4:30 p.m. Eastern Time

VANCOUVER, BC / ACCESSWIRE / March 19, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced that...

4 weeks ago - Accesswire

Vicinity Motor Corp. Secures Follow-On Order for 12 Vicinity(TM) Classic Buses from La Québécoise

VANCOUVER, BC / ACCESSWIRE / February 12, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced t...

2 months ago - Accesswire

Vicinity Motor Corp. Secures VMC 1200 Distribution Agreement with VMC Laval in Laval, Canada

Established Montreal-Area Passenger EV Dealership Moves into Commercial EV Market with Launch of VMC Laval VANCOUVER, BC / ACCESSWIRE / January 23, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) (...

3 months ago - Accesswire

Vicinity Motor Corp. Issues Shareholder Letter and Provides Corporate Update

VANCOUVER, BC / ACCESSWIRE / January 18, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today issued a let...

3 months ago - Accesswire

Vicinity Motor Corp. Signs VMC 1200 Distribution Agreement for Peninsula VMC Truck Centre in South Toronto, Canada

Peninsula VMC Truck Centre to Serve South Toronto Market with VMC 1200 Sales & Service VANCOUVER, BC / ACCESSWIRE / January 17, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "C...

3 months ago - Accesswire

Vicinity Motor Corp. Announces VMC 1200 Distribution Agreement with Shift EV Trucks in West Toronto, Canada

Established Toronto-Area EV Dealership Establishes Vicinity Trucks West Toronto, Expanding into the Commercial EV Market VANCOUVER, BC / ACCESSWIRE / January 8, 2024 / Vicinity Motor Corp. (NASDAQ:VEV...

3 months ago - Accesswire

Vicinity Motor Corp. Announces VMC 1200 Distribution Agreement with Jack Carter VMC Trucks in Southern Alberta, Canada

Established Commercial & Fleet Vehicle Dealership to Launch Jack Carter VMC Trucks with Initial Order for 19 VMC 1200, Growing Share in the Commercial EV Market VANCOUVER, BC / ACCESSWIRE / January 2,...

3 months ago - Accesswire

Vicinity Motor Corp. Secures Order for 8 Vicinity(TM) Classic Clean Diesel Buses from La Québécoise

VANCOUVER, BC / ACCESSWIRE / December 18, 2023 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced t...

4 months ago - Accesswire

Vicinity Motor Corp. Announces Inclusion of VMC 1200 in Quebec Transportation Ministry's Incentive Program for Electric Vehicles

Écocamionnage Program to Offer CAD$85,000 Rebate to VMC 1200 Buyers in Quebec VANCOUVER, BC / ACCESSWIRE / December 4, 2023 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"),...

4 months ago - Accesswire

Vicinity Motor Corp. Grants Stock Options

VANCOUVER, BC / ACCESSWIRE / November 15, 2023 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, announces the gra...

5 months ago - Accesswire

Vicinity Motor Corp. Reports Third Quarter 2023 Financial Results

New Dealerships Expanding VMC 1200 Distribution Network Across North America VANCOUVER, BC / ACCESSWIRE / November 13, 2023 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"),...

5 months ago - Accesswire

Exro Technologies Announces Third Quarter 2023 Financial Results

At a Glance: Exro generated revenue of $2,032,669 for the three months ended September 30, 2023, and $4,800,730 for the nine months ended September 30, 2023. Exro announced the official start of produ...

5 months ago - PRNewsWire

Vicinity Motor Corp. to Report Third Quarter 2023 Financial Results on Monday, November 13 at 4:30 p.m. Eastern Time

VANCOUVER, BC / ACCESSWIRE / November 7, 2023 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced th...

5 months ago - Accesswire

Vicinity Motor Corp. Receives NASDAQ Notification Letter Regarding Minimum Bid Price Deficiency

VANCOUVER, BC / ACCESSWIRE / October 25, 2023 / 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

Vicinity Motor Corp. and ADASTEC to Deploy Automated Transit Buses at Michigan State University

VANCOUVER, BC / ACCESSWIRE / October 9, 2023 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced tha...

6 months ago - Accesswire

Vicinity Motor Corp. and ADASTEC to Pioneer Automated Transit Buses at Buffalo Niagara Medical Campus

VANCOUVER, BC / ACCESSWIRE / October 5, 2023 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced tha...

7 months ago - Accesswire

Vicinity Motor Corp. to Showcase Vicinity Lightning Electric Transit Bus at APTA's TRANSform Conference & EXPO

Company to Exhibit Electric Transit Bus Offering with Exro Coil Driver Technology at Leading U.S. Transit Industry Event in Orlando VANCOUVER, BC / ACCESSWIRE / October 4, 2023 / Vicinity Motor Corp. ...

7 months ago - Accesswire

Vicinity Motor Corp. Announces Partnership with ADASTEC for Automated Transit Buses

VANCOUVER, BC / ACCESSWIRE / October 3, 2023 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced a n...

7 months ago - Accesswire

Vicinity Motor Corp. Enters Quebec Market with New VMC 1200 Distribution Agreement in Saint-Hyacinthe, Canada

Established Family-Owned Dealership Operators Expand VMC 1200 Sales and Service Coverage into Southern Montreal with Initial Commitment for 25 Vehicles VANCOUVER, BC / ACCESSWIRE / September 29, 2023 ...

7 months ago - Accesswire

Vicinity Motor Corp. Receives Order for Four Vicinity(TM) Classic Clean Diesel Buses from the Village of New Square, New York

VANCOUVER, BC / ACCESSWIRE / September 26, 2023 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced ...

7 months ago - Accesswire