Vicinity Motor Corp. (VEV)
| Market Cap | 34.71M |
| Revenue (ttm) | 21.79M |
| Net Income (ttm) | -13.18M |
| Shares Out | 45.67M |
| EPS (ttm) | -0.29 |
| PE Ratio | n/a |
| Forward PE | 8.95 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 22,344 |
| Open | 0.795 |
| Previous Close | 0.787 |
| Day's Range | 0.753 - 0.804 |
| 52-Week Range | 0.605 - 1.380 |
| Beta | 0.51 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 14, 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]
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 StatementsNews
Vicinity Motor Corp. to Exhibit VMC 1200 Electric Truck at Advanced Clean Transportation Expo on May 20-23, 2024
Company to Showcase VMC 1200 Class 3 Electric Truck at Booth 1501 VANCOUVER, BC / ACCESSWIRE / May 20, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North America...
Vicinity Motor Corp. Reports First Quarter 2024 Financial Results
Company Achieves Positive Cash Flow from Operations in the First Quarter, Driven by 400% Revenue Growth on Deliveries of 44 VMC 1200 All-Electric Trucks and 22 Vicinity™ Classic Transit Buses VANCOUVE...
Vicinity Motor Corp. Announces Amendment to Repayment Schedule on CAD$12.0 Million Debenture to Support Near-Term Liquidity Goals
Amendment Defers CAD$5.8 Million in Repayments from April and July of 2024 until Maturity VANCOUVER, BC / ACCESSWIRE / May 10, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)(FRA:6LGA) ("Vicinity" ...
Vicinity Motor Corp. to Report First Quarter 2024 Financial Results on Tuesday, May 14 at 4:30 p.m. Eastern Time
VANCOUVER, BC / ACCESSWIRE / May 7, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced that it...
Vicinity Motor Corp. Secures VMC 1200 Distribution Agreement with RJames Vicinity Truck in British Columbia, Canada
Well-Respected Commercial Vehicle Dealership to Address the Cities of Kamloops and Kelowna in British Columbia, Canada VANCOUVER, BC / ACCESSWIRE / May 2, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV...
Vicinity Motor Corp. Receives Additional 180 Day Extension by Nasdaq to Regain Compliance with Minimum Bid Price Rule
VANCOUVER, BC / ACCESSWIRE / April 24, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)(FRA:6LGA) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today anno...
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...
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...
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"...
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 ...
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...
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...
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...
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) (...
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...
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...
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...
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,...
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...
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"),...
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...
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"),...
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...
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...
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...