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Stock impact report

Vicinity Motor Corp. Secures VMC 1200 Distribution Agreement with RJames Vicinity Truck in British Columbia, Canada [Yahoo! Finance]

Vicinity Motor Corp. (VEV) 
Company Research Source: Yahoo! Finance
VANCOUVER, BC / ACCESSWIRE / May 2, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced that it has signed a new distribution agreement with RJames Management Group Ltd to launch RJames Vicinity Truck, a new Vicinity dealership in British Columbia. RJames Management spun off from a family dealership selling heavy trucks to form a leading, full-service commercial truck dealer group. RJames Management also represents Western Star, Freightliner and AutoCar through its six locations across Western Canada. With the opening of RJames Vicinity Truck, RJames Management will expand its well-established commercial truck business into the critical last-mile class 3 electric truck segment. Per the terms of the agreement, RJames Vicinity Truck will distribute Vicinity VMC 1200 vehicles throughout the regions of Kamloops and Kelowna in British Columbia, Canada. Brent Phillips, President o Show less Read more
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