Vicinity Motor Corp Reports First Quarter 2021 Financial Results theusnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theusnews.com Daily Mail and Mail on Sunday newspapers.
Vicinity Motor Corp. Reports First Quarter 2021 Financial Results
ACCESSWIRE
VANCOUVER, BC / ACCESSWIRE /
May 17, 2021 / Vicinity Motor Corp. (TSXV:VMC) (OTCQX:BUSXF) (FRA:6LG)
( Vicinity Motor or the Company ) (formerly Grande West Transportation Group Inc.), a leading supplier of electric, CNG, gas and clean diesel buses, today reported its financial and operational results for the first quarter of 2021.
First Quarter 2021 and Subsequent Operational Highlights
Revenue grew 588% to $27.3 million in the first quarter of 2021, as compared to $4.0 million in the same year-ago quarter.
Delivered 67 buses for the three months ended March 31, 2021, as compared to 6 buses for the three months ended March 31, 2020.
Received orders for another ten Vicinity Lightning™ EV buses with expected delivery in 2021.
VANCOUVER, BC / ACCESSWIRE / May 17, 2021 / Vicinity Motor Corp. (TSXV:VMC) (OTCQX:BUSXF) (FRA:6LG) ("Vicinity Motor" or the "Company") (formerly Grande West Transportation Group Inc.), a leading supplier
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