logo-loader

Vicinity Motor reports triple digit revenue jump for the second quarter as bus sales accelerate

Published: 12:37 12 Aug 2021 EDT

Vicinity Motor Corp CEO William Trainer joined Proactive's Stephen Gunnion with news that second-quarter revenue more than doubled after the company delivered 46 buses for the quarter, twice as many as the same period a year earlier.

Trainer telling Proactive that other highlights of the quarter included the commencement of trading on the Nasdaq and a stronger balance sheet after it banked $7.5 million in proceeds from accelerated warrant exercises.

Vicinity Motor forms distribution agreement with US bus dealer, appoints VP...

Vicinity Motor Corp's newly appointed vice president of engineering Dennis Gore joined Proactive to discuss his background in the startup and established automotive manufacturer space and how he'll look to advance Vicinity's goals. CEO William Trainer spoke about the reasons why the group...

on 4/4/22