Vicinity Motor Corp (TSE:VMC) has released an update.
Vicinity Motor Corp., a supplier of commercial electric vehicles, has entered into a distribution agreement with RJames Management Group Ltd. to launch a new dealership, RJames Vicinity Truck, in British Columbia, Canada. This partnership will allow RJames Vicinity Truck to distribute Vicinity’s VMC 1200 electric trucks in Kamloops and Kelowna, aiming to capture the growing market for electric commercial vehicles. Company executives express optimism for the market’s response to the VMC 1200, citing its potential to meet the needs of commercial fleet buyers transitioning to electric truck operations.
For further insights into TSE:VMC stock, check out TipRanks’ Stock Analysis page.
