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Vicinity Motor Corporation

Vicinity Motor Corporation (VEV)

0.121
-0.0022
(-1.79%)
At close: September 19 4:00PM
0.13
0.009
( 7.44% )
After Hours: 6:47PM

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Key stats and details

Current Price
0.13
Bid
0.13
Ask
0.131
Volume
542,170
0.1189 Day's Range 0.1279
0.0915 52 Week Range 1.09
Market Cap
Previous Close
0.1232
Open
0.123
Last Trade Time
18:47:17
Financial Volume
$ 67,484
VWAP
0.12447
Average Volume (3m)
9,103,100
Shares Outstanding
50,480,000
Dividend Yield
-
PE Ratio
-0.49
Earnings Per Share (EPS)
-0.33
Revenue
19.54M
Net Profit
-16.63M

About Vicinity Motor Corporation

Vicinity Motor Corp. is a Canada-based supplier of commercial electric vehicles for both public and commercial enterprise use. The Company is engaged in the production and sale of buses and spare parts in North America. It leverages a dealer network and close relationships with manufacturing partner... Vicinity Motor Corp. is a Canada-based supplier of commercial electric vehicles for both public and commercial enterprise use. The Company is engaged in the production and sale of buses and spare parts in North America. It leverages a dealer network and close relationships with manufacturing partners to supply its flagship electric, compressed natural gas (CNG) and clean-diesel vicinity buses, the VMC 1200 electric truck and a VMC Optimal-EV shuttle bus. In addition, the Company sells its electric chassis alongside J.B. Poindexter business unit EAVX, which is the Company's partner, for upfitting into delivery vehicles. The Company's various buses and truck models include Vicinity Lightning EV, Vicinity Classic, VMC 1200, VMC Optimal S1LF and VMC Optimal E1. Its geographic segments include United Stated and Canada. The Company¿s subsidiaries include Vicinity Motor (Bus) USA Corp. and Vicinity Motor (Bus) Corp. Show more

Sector
Transportation Equipment,nec
Industry
Transportation Equipment,nec
Headquarters
Langley, British Columbia, Can
Founded
-
Vicinity Motor Corporation is listed in the Transportation Equipment sector of the NASDAQ with ticker VEV. The last closing price for Vicinity Motor was $0.12. Over the last year, Vicinity Motor shares have traded in a share price range of $ 0.0915 to $ 1.09.

Vicinity Motor currently has 50,480,000 shares outstanding. The market capitalization of Vicinity Motor is $6.22 million. Vicinity Motor has a price to earnings ratio (PE ratio) of -0.49.

VEV Latest News

Micro Cap Runs Following Restructuring Plan Announcement

A Canadian vehicle company has been finding pretty substantial success so far during Wednesday’s session after the company announced that it has reached an agreement with To read the full...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.000785-0.6002217379670.1307850.13690.09152540810.12648992CS
4-0.0295-18.49529780560.15950.1740.09156254790.14402555CS
12-0.423-76.49186256780.5530.909990.091591031000.31762408CS
26-0.63-82.89473684210.760.950.091541696070.31879224CS
52-0.89-87.25490196081.021.090.091521128850.32170397CS
156-4.12-96.94117647064.256.92650.09158301280.51565865CS
260-7.87-98.375880.09157784530.52777216CS

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VEV Discussion

View Posts
glenn1919 glenn1919 4 weeks ago
VEV............................https://stockcharts.com/h-sc/ui?s=VEV&p=W&b=5&g=0&id=p86431144783
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Invest-in-America Invest-in-America 1 month ago
VEV: If so, then there must be some kind of BAILOUT of their money problems, which has not yet hit the news wires.
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webprods webprods 1 month ago
Ok. In with 78,000 shared at 0.19
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webprods webprods 1 month ago
Bro, tomorrow will be flying above 2 bucks
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webprods webprods 1 month ago
Is this spike just only pump or not. I like to know before getting in
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Triple nickle Triple nickle 1 month ago
Holding up pretty good
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Invest-in-America Invest-in-America 1 month ago
VEV: Breaking news that all of their LENDERS want their money back NOW --- you deadbeat company!!! (And that kind of dismal "news" sends this stupid puppy to dah MOON????????)
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Monksdream Monksdream 1 month ago
Hilarious company is worth more dead than alive
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Monksdream Monksdream 1 month ago
Shows over folks back in the bus
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Disquisition Disquisition 1 month ago
youโ€™ve had the premarket PUMP

now prepare for the market DUMP
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TheFinalCD TheFinalCD 1 month ago
.222 $VEV .1111 wen bottom>?— THE FINAL COUNTDOWN (@READY_2_PROFIT) August 9, 2024
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Monksdream Monksdream 1 month ago
VEV 10 day hourly new low at the close nothing material has caused the moomoo session wash bot
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ErnieBilco ErnieBilco 1 month ago
Without the lenders support this is road kill. The green new deal has subsidized non-viable green wet dreams that will never payoff for the actual taxpayers funding this crap both in Canada and the USA. BK within 2 weeks
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Disquisition Disquisition 1 month ago
CANADIAN DUMPING
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Awl416 Awl416 1 month ago
Night night
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TheFinalCD TheFinalCD 2 months ago
nice GAP & TRAP

Cash Position

The company has -5.5👿 months of cash left based on quarterly cash burn of -$6.17M and estimated current cash of $-11.3M.👹

June 2023 Shelf😳
EDGAR
Registered

Current Raisable Amount
$11,225,056
Total Shelf Capacity
$150,000,000
Baby Shelf Restriction
Yes
Total Amount Raised
$0
Total Amt. Raised Last 12 Mo. under IB6
$0.00
Outstanding Shares
45,667,706
Float
41,067,278
Highest 60 Day Close
$0.82
Price To Exceed Baby Shelf
$1.83
IB6 Float Value
$33,675,168
Last Banker
B Riley
Effect Date
2023-07-05
Expiration Date
2026-07-05
Last Update Date
2024-07-12


August 2021 Shelf😲
EDGAR
Registered

Current Raisable Amount
$11,225,056
Total Shelf Capacity
$119,340,000
Baby Shelf Restriction
Yes
Total Amount Raised
$44,323,000
Total Amt. Raised Last 12 Mo. under IB6
$0.00
Outstanding Shares
45,667,706
Float
41,067,278
Highest 60 Day Close
$0.82
Price To Exceed Baby Shelf
$1.83
IB6 Float Value
$33,675,168
Last Banker
AGP
Effect Date
2021-08-19
Expiration Date
2023-09-19
Last Update Date
2024-07-12
Completed Offerings
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stressfreeliving stressfreeliving 2 months ago
Looks to be reversing
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subslover subslover 2 months ago
Vicinity Motor Corp. Announces CARB Certification for VMC 1200 Class 3 Electric Truck
https://www.stocktitan.net/news/VEV/vicinity-motor-corp-announces-carb-certification-for-vmc-1200-class-tes3n9fv1jo8.html
๐Ÿ‘๏ธ0
Awl416 Awl416 2 months ago
Wonder whose broker covered their margin call at $1.5
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Awl416 Awl416 2 months ago
LOL
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Awl416 Awl416 2 months ago
Behave yourself
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Monksdream Monksdream 3 months ago
VEV new 52 week low
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Monksdream Monksdream 6 months ago
VEV new 52 lo

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wile.e.coyote wile.e.coyote 2 years ago
rodney dangerfield of ev market, etc ....... getting no respect. ???
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wile.e.coyote wile.e.coyote 2 years ago
.... existing orders $ is almost 4x current market value. + ..... go figure. .......
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Coreton Coreton 2 years ago
News: update on Ferndale, Washington plant

https://www.accesswire.com/743043/Vicinity-Motor-Corp-to-Commence-Operations-in-Ferndale-Washington
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wile.e.coyote wile.e.coyote 2 years ago
and yes, i'm invested ....... give me $$$$$$$$...... thank you .......
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wile.e.coyote wile.e.coyote 2 years ago
nomb ....could be wrong ...... usually am ...... but i'm betting this puppy is going to roar soon ...... don't care what anyone else does ..... just happy hour comment ...... cheers ........
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wile.e.coyote wile.e.coyote 2 years ago
DSU's are a bullish signal. We'll see ...........
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wile.e.coyote wile.e.coyote 2 years ago
not fully filled, but back in for a starter at .82 ......
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Coreton Coreton 2 years ago
From their earnings call last night 11/15/2022, $190m in back orders, $100m in new order, supply chain issues resolved, delivery of back ordered vehicles started shipping this month already.

Things are turning around here

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Coreton Coreton 2 years ago
According to an article in The Globe and Mail, โ€œover the past six months, as the stock lost momentum, Director James White has spent just over $200,000 buying sharesโ€ฆ..โ€
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wile.e.coyote wile.e.coyote 2 years ago
.... don't know, but watch this one ........
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Coreton Coreton 2 years ago
Whatโ€™s up here? $100m revenue over 14 months at 40m OS. Thatโ€™s like a PE of $2.25, How is this at $1.10?
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wile.e.coyote wile.e.coyote 2 years ago
..... close hi of day ??? Hello, hello ...........
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jump1 jump1 2 years ago
1.07 next buy
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jump1 jump1 2 years ago
Get ready 1.17

https://stockcharts.com/c-sc/sc?s=VEV&p=5&b=5&g=1&i=t8425170602c&m=o&r=1664977684969
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subslover subslover 2 years ago
The company announced that it began delivering its first Class 3 truck in Canada. According to the company, distribution of its VMC 1200 truck starts this month.
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makinezmoney makinezmoney 3 years ago
$VEV: Theres the corporate UPDATe.... now $5.90


$140Milly in Revs Expected in 2022 ??????????


https://vicinitymotorcorp.com/







GO $VEV






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) ("Vicinity Motor" or
the "Company"), a leading North American supplier of commercialelectric vehicles, today provided a corporate update and financial guidance for
2022.
Through the year ending December 31, 2022, Vicinity Motor expects to complete deliveries of over 95 Vicinityโ„ข Classic buses, 75 Vicinity
Lightningโ„ข EV buses and chassis, 200 VMC 1200 EV trucks, and 300 Vicinity Optimal EVs to drive year end revenues of over $140 million. FY
2022 Adjusted EBITDA is expected to be over $10 million with significant potential upside.
The Company expects to deliver over 130 Vicinityโ„ข Classic buses during 2021. Consistent with other manufacturing and transportation
companies, Vicinity Motor continues to experience temporary delays from some suppliers and shipping companies which has delayed over 20
buses now expected to be delivered in 2022 rather than 2021.
"Ongoing sales activities across our vehicle lines have positioned us for a strong 2022," said William Trainer, Chief Executive Officer of Vicinity
Motor Corp. "Based on our existing backlog and large pipeline, we expect a strong cadence of sales growth into 2022 with additional near-term
customer orders. To support this significant demand, our Washington State assembly facility is expected to begin operations by mid-2022 -
beginning the ramp of U.S.-made vehicles.
"Our recent exclusive reseller agreement with Optimal EV, and collaboration agreement with the JB Poindexter business unit, EAVX, willalso begin
to drive revenue growth in the new year. We look forward to continuing to deliver record-breaking financial results and sales of both our classic
and new lines of breakthrough electric buses and trucks. I have never been more confident about the future and potential for long-term shareholder
value creation at Vicinity Motor Corp.,"concluded Mr. Trainer.
About Vicinity Motor Corp.
Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)(FRA:6LGA) is a leading North American supplier of electric vehicles for both public and
commercialenterprise use. The Company leverages a continent-wide dealer network and close relationships with world-class manufacturing
partners to supply its market-leading flagship electric, CNG and clean-diesel Vicinityโ„ข buses, the VMC 1200 electric truck and a Vicinity OptimalEV shuttle bus. In addition, the Company sells its proprietary electric chassis to J.B. Poindexter subsidiary EAVX, the Company's strategic partner,
for upfitting into next-generation delivery vehicles. For more information, please visit www.vicinitymotorcorp.com.
Company Contact:
John LaGourgue
VP Corporate Development
604-288-8043
IR@vicinitymotor.com
Investor Relations Contact:
Lucas Zimmerman or Mark Schwalenberg, CFA
MZ Group - MZ North America
949-259-4987
VMC@mzgroup.us
www.mzgroup.us
๐Ÿ‘๏ธ0
Renee Renee 3 years ago
BUSXF changed to VEV. Moved to the Nasdaq from the OTC:

https://otce.finra.org/otce/dailyList?viewType=Deletions

https://www.sec.gov/Archives/edgar/data/1834975/000173112221001121/e2884_40-fa.htm
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SilverKnightLV SilverKnightLV 3 years ago
Anyone also in NGA/Lion?
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Renee Renee 3 years ago
BUSXF: Effective March 29,2021 Grande West Transportation Group Inc. will change to Vicinity Motor Corp. and a one for 3 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
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sky7777 sky7777 3 years ago
This is just now the time to start buying this stock. It already has a revenue stream. lots of great contacts and a future in the EV industry with lots of contracts in Canada and the U.S. What am I missing? Big factory in Seattle, great work force and a customer base. I live here-there is alot of green Microsoft money here and the Companies partnerships are game changing. This is the home of Microsoft...I bet there will not be a "chip" shortage for our EV PRODUCTION...Bo JMO
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mikeonmicrocaps mikeonmicrocaps 4 years ago
I'm done with this. Good Bye
๐Ÿ‘๏ธ0
barnyarddog barnyarddog 4 years ago

Price History
Date
Open Day Low Day High Close Volume
2/1/2021 2.42 2.42 2.54 2.50 ....138,983
1/29/2021 2.47 2.38 2.64 2.46 ....369,934
1/28/2021 2.51 2.24 2.51 2.38 ....651,174
1/27/2021 2.71 2.52 2.76 2.52 ....657,447
1/26/2021 2.78 2.47 2.92 2.85 ....1,162,179
1/25/2021 3.23 2.63 3.26 2.83 ....2,219,351
1/22/2021 3.36 3.12 3.44 3.29 ....723,684
1/21/2021 3.42 3.20 3.64 3.41 ....1,699,134
1/20/2021 2.80 2.77 3.25 3.24 ....893,528
1/19/2021 2.81 2.50 2.81 2.75 ....1,248,550
1/15/2021 2.72 2.39 2.72 2.47 ....882,585
1/14/2021 2.80 2.35 2.92 2.61 ....2,104,189
1/13/2021 2.59 2.47 2.74 2.70 ....1,607,081
1/12/2021 2.06 1.93 2.36 2.35 ....1,993,908
1/11/2021 1.70 1.60 2.05 1.96 ....2,376,919
1/8/2021 1.55 1.43 1.58 1.58 ....723
1/7/2021 1.52 1.48 1.56 1.51 ....312,916


MOVING ON LITTLE VOLUME 50.00 NASDAQ IN FUTURE??
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barnyarddog barnyarddog 4 years ago
2.50 https://www.grandewest.com/index.php/investors/press-releases

Mon Feb 1st, 2021
ACCESSWIRE7:00 AM
Grande West Engages MZ Group To Lead Strategic Investor Relations And Shareholder Communications Program

Tue Jan 19th, 2021
Motley Fool Canada8:30 AM
18 Top TSX Stocks to Buy for 2021 and Beyond

Thu Jan 14th, 2021
Motley Fool Canada8:09 AM
Buy Alert: 1 EV Stock Flying Under the Radar


https://www.otcmarkets.com/stock/BUSXF/profile
๐Ÿ‘๏ธ0
Jm3b1689 Jm3b1689 4 years ago
Letโ€™s get some money ... SOON
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SilverKnightLV SilverKnightLV 4 years ago
Not a Penny Stock.

I told an investment friend that I was going to sell all my SBE warrants (I'll get back in after the PIPE and current shareholder lockup 6 months after merger) and take 1/3rd and go into BUSXF.

He said "It's a penny stock," only because it's OTC. I just said, well, if you think that, then don't put your money in it. Or do some DD and then see what you think.

Haven't filled the entire order yet, but over half way there.
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TraderInvictus TraderInvictus 4 years ago
$BUSXF
3 trade channels have developed based on yesterdays action. With this being in the EV sector now and growing public awareness, I have a hard time believing that we will follow in the horizontal channel for much longer.

Only 3 factors that I have found could potentially explain yesterdays horizontal trading.
1. PR firm is paid in shares
2. Execs are paid in shares
3. Profit taking from being up 90% since the new channel began.

For those that bought shares yesterday in the first hour of trading, such as myself, I am still seeing a bullish pattern based on yesterdays action with plenty of upside potential near future to get us back into the previous trading zones. High probability of a gap up near term putting us into the +3$ range



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Jm3b1689 Jm3b1689 4 years ago
Letโ€™s goooooo!!!!
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