WALL STREET RESEARCHER

                                                 BREAKOUT STOCKS

VICINITY MOTORS CORP 

VEV – NASDAQ – VMC TSXV – 6LGA FRA

 Vicinity Motor Corp. Announces Strategic Distribution Partnership with DATTCO

Receives Order For 50 Electric Trucks

With a 50 day M/A of $3.47 and an average 50 day M/A volume of 68,746 shares , these shares should be watched closely . A breakout above $3.47 would signify a strong turn around and a retesting of the next resistance  level of the 200 day M/A of $4.81
The yearly high was $8.31 and given additional electric vehicle orders we could see a major uptrend in these shares.
WEBSITE   TEAM  DIRECTORS  PRESENTATION  SEC FILINGS  SEDAR

Vicinity Motor Corp. Announces Strategic Distribution Partnership with DATTCO

Partnership to Enhance Reach in Northeastern United States; DATTCO Places Initial Order for Several Vehicles Spanning the Company’s Growing Vehicle Portfolio
VANCOUVER, BC / ACCESSWIRE / March 17, 2022 / Vicinity Motor Corp. (NASDAQ:VEV) (TSXV:VMC) (FRA:6LGA) (“Vicinity” or the “Company”), a North American supplier of commercial electric vehicles, today announced that it has entered into a strategic U.S. distribution agreement with DATTCO, Inc. a U.S. full-service passenger transportation company, to distribute Vicinity vehicles within the Northeastern United States.
Headquartered in New Britain, Connecticut, DATTCO operates facilities throughout New England and employs over 2,000 people in Massachusetts, New Hampshire, Maine, Rhode Island and Vermont. The distributorship supports Vicinity’s focus on U.S. distribution expansion for its growing portfolio of electric vehicles and conventionally powered buses. In addition to operating a fleet of over 1,200 buses, DATTCO provides sales, parts, warranty and service support for transportation providers in the region.
Under the new agreement, DATTCO will distribute Vicinity vehicles throughout New England. The Vicinity line fills in key transit, EV and shuttle opportunities within the DATTCO portfolio of vehicles, further enhancing its offering to current customers while expanding to new sectors. In conjunction with the agreement, DATTCO has placed an initial order valued at over $2 million for Vicinity Lightning™ EV and Classic transit buses and Optimal-EV S1 paratransit electric low-floor shuttle busses.
“Our distribution partnership with DATTCO will add to our reach in the Northeastern United States with a well-established company that has served the area since 1924,” said William Trainer, Founder and CEO of Vicinity Motor Corp. “DATTCO’s large customer base – with over 1,800 customers including corporations, schools, tour operators and local organizations – are increasingly looking for sustainable solutions for their transportation needs. We are excited to provide their first EV options for customers and believe they will be quickly impressed with our range of heavy-duty, light-duty and special purpose electric vehicles. We look forward to working closely with the DATTCO team going forward.”
“As one of the region’s largest operators of buses, we are deeply committed to expanding our product portfolio to better serve our customers with a focus on dependability, quality service, comfort and safety,” said Don DeVivo, President & CEO of DATTCO. “Our customers’ priorities continue to evolve, and we’re convinced Vicinity’s product line has the best range of options covering traditional vehicles, as well as a widely-respected position in the expanding EV market. Both the innovative Vicinity Lightning™ EV and the VMC Optimal-EVs will be exciting new options that we believe will be an excellent choice for operators seeking electrified vehicles, designed from the ground up to be flexible, cost-effective and user friendly.”
About Vicinity Motor Corp.
Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)(FRA:6LGA) is a North American supplier of electric vehicles for both public and commercial enterprise use. The Company leverages a dealer network and close relationships with world-class manufacturing partners to supply its flagship electric, CNG and clean-diesel Vicinity buses, the VMC 1200 electric truck and a VMC Optimal-EV shuttle bus. In addition, the Company sells its proprietary electric chassis alongside J.B. Poindexter business unit EAVX, the Company’s strategic partner, for upfitting into next-generation delivery vehicles. For more information, please visit www.vicinitymotorcorp.com.

Vicinity Motor Corp. Expands Strategic U.S. Distribution Partnership with ABC Companies

Expanded Partnership to Further Enhance Vicinity’s Presence in the United States; Includes New Orders for 18 VMC Optimal S1 Shuttle Buses & 3 Vicinity Classic Buses
VANCOUVER, BC / ACCESSWIRE / March 15, 2022 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)(FRA:6LGA) (“Vicinity” or the “Company”), a North American supplier of commercial electric vehicles, today announced the expansion of its strategic U.S. distribution agreement with ABC Companies (“ABC”), a leading provider of motorcoach and transit equipment in North America.
The ABC distributorship supports Vicinity’s focus on U.S. expansion to market the Vicinity™ heavy duty mid-size bus, the Vicinity Lightning™ EV and the VMC Optimal EV S1 low floor shuttle bus to new and existing customers.
Under the expanded agreement, ABC will distribute Vicinity’s product portfolio to 18 states covering key population centers across the country important to VMC’s growth markets. The Vicinity line fills in key transit and private shuttle markets within the ABC portfolio of new vehicles for these locations, enhancing the offering to current customers while expanding to other sectors.
In conjunction with the new agreement, ABC has contracted to order 18 VMC Optimal S1 shuttle buses and 3 Vicinity™ Classic buses – in addition to the previously announced order for 10 Vicinity Lightning™ EV buses slated for delivery in 2022.
Roman Cornell, President and CCO of ABC Companies stated, “Our expanded partnership with VMC is important as ABC continues to be a market leader in adoption and deployment of electric vehicles. Vicinity’s innovative and environmentally friendly vehicle solutions support our focus on delivering excellence and performance.”
“Our partnership with ABC continues to evolve as we expand our already robust North American footprint and broad product portfolio,” said William Trainer, Founder and Chief Executive Officer of Vicinity Motor Corp. “ABC’s proven track record of customer sales, service and support in the U.S. has enabled us to rapidly increase interest for both our traditional and EV product lines with key transit agencies and private companies alike.
“This new agreement will allow them to now market the VMC Optimal EV S1, a fully-electric low floor chassis built on the E450 frame that enables zero-emission operation for an extensive range of market segments including commercial trucks and buses, ambulances, recreational vehicles and fleet trucks. We look forward to continuing our sales momentum with ABC in the coming months as we strive to generate sustainable value for our shareholders,” concluded Trainer.
About Vicinity Motor Corp.
Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)(FRA:6LGA) is a North American supplier of electric vehicles for both public and commercial enterprise use. The Company leverages a dealer network and close relationships with world-class manufacturing partners to supply its flagship electric, CNG and clean-diesel Vicinity buses, the VMC 1200 electric truck and a VMC Optimal-EV shuttle bus. In addition, the Company sells its proprietary electric chassis alongside J.B. Poindexter business unit EAVX, the Company’s strategic partner, for upfitting into next-generation delivery vehicles. For more information, please visit www.vicinitymotorcorp.com.

Vicinity Motor Corp. Receives Order for 50 VMC 1200 EV Trucks from Skydome Auto and Truck Centre

Skydome to Act as Vicinity’s Exclusive Dealer in Brampton, Ontario

VANCOUVER, BC / ACCESSWIRE / February 1, 2022 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)(FRA:6LGA) (“Vicinity” or the “Company”), a North American supplier of commercial electric vehicles, today announced that it has signed a sales and marketing agreement with Skydome Auto and Truck Centre Inc. (“Skydome”), an automotive dealer and service center in the Greater Toronto Area of Ontario, Canada, including an initial order for 50 VMC 1200 Class 3 electric trucks. Skydome has also been appointed to act as Vicinity’s exclusive dealer in the City of Brampton, a part of the Greater Toronto region in Ontario, Canada.

The Skydome family of companies have over 25 years of professional auto and truck sales and service experience, currently operating from three locations in Brampton. Skydome’s Truck & Fleet and Truck & Coach Centers provide a variety of repair services for fleets, including transit, coaches, trucks, ambulances, school buses and commercial vehicles. The VMC 1200 deliveries are expected to begin with five in the second quarter of 2022.

“We are excited to begin offering the VMC 1200 in the Toronto market alongside our new sales partner, Skydome,” said William Trainer, Founder and CEO of Vicinity Motor Corp. “Skydome has decades of experience serving and maintaining fleets in the region across a wide variety of vehicle types, and we believe the VMC 1200 as well as our expanding line of all-electric vehicles will be of strong interest to their large base of customers.”

“The VMC 1200 continues to attract early attention from dealers and customers seeking a fully electric class 3 truck for ultra-quiet operation in urban environments while aligning with clean fleet goals. In Toronto alone, the city is undertaking a major expansion of its EV charging infrastructure to enable and support accelerated transition of city fleets to electric vehicles, and to further spur adoption of EVs in the greater Toronto region. We believe our ongoing dealer agreement will position us to be the premier providers in this segment,” concluded Trainer.

Daljit Singh Gaidhu, President of Skydome Group, added: “As a trusted one-stop-shop in the Toronto region, we look forward to showcasing our first VMC 1200 vehicles to our customers later this year. We expect the VMC 1200 and the Vicinity brand’s well-known performance, versatility and affordability – combined with their growing EV reputation – will advance sales and success for the VMC 1200 line.”

About Vicinity Motor Corp.

Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)(FRA:6LGA) is a North American supplier of electric vehicles for both public and commercial enterprise use. The Company leverages a dealer network and close relationships with world-class manufacturing partners to supply its flagship electric, CNG and clean-diesel Vicinity buses, the VMC 1200 electric truck and a VMC Optimal-EV shuttle bus. In addition, the Company sells its proprietary electric chassis alongside J.B. Poindexter business unit EAVX, the

Cautionary Note Regarding Forward-Looking Statements

This press release includes certain “forward-looking information” and “forward-looking statements” (collectively “forward-looking statements”) within the meaning of applicable securities laws. All statements, other than statements of historical fact, included herein are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and similar expressions, or statements that events, conditions, or results “will”, “may”, “could”, or “should” occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.

Important factors that could cause actual results to differ materially from Vicinity’s expectations include uncertainties relating to the anticipated timing for the delivery of Vicinity’s trucks, Skydome’s success as Vicinity’s exclusive dealer in the City of Brampton, the economic conditions in the markets in which Vicinity operates, vehicle sales volume, anticipated future sales growth, the success of Vicinity’s operational strategies, the timing of the completion of the vehicle assembly facility in the State of Washington, the effect of the COVID-19 pandemic, related government-imposed restrictions on operations, the success of Vicinity’s strategic partnerships; and other risk and uncertainties disclosed in Vicinity’s reports and documents filed with applicable securities regulatory authorities from time to time. Vicinity’s forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. Vicinity assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law.

Neither PSN nor its owners, members, officers, directors, partners, consultants, nor anyone involved in the publication of this website, is a registered investment adviser or broker-dealer or associated person with a registered investment adviser or broker-dealer and none of the foregoing make any recommendation that the purchase or sale of securities of any company profiled in the PSN website is suitable or advisable for any person or that an investment or transaction in such securities will be profitable. The information contained in the PSN website is not intended to be, and shall not constitute, an offer to sell nor the solicitation of any offer to buy any security. The information presented in the PSN website is provided for informational purposes only and is not to be treated as advice or a recommendation to make any specific investment. Please consult with an independent investment adviser and qualified investment professional before making an investment decision. . Writer on this date owns no shares. Writer has sold these shares due to dangerous market conditions and the raising of cash