Vicinity Motor Corp (CVE:VMC) (OTCQX:BUSXF) (FRA:6LG), formerly known as Grande West Transportation Group, has announced the receipt of a new purchase order with a leading Canadian provincial public transportation provider for 15 buses for a total value of over $6 million.
Per the terms of the supply agreement, the company said the transit authority has ordered its 30-foot Vicinity buses powered by compressed natural gas (CNG).
Vicinity added that it expects delivery of the buses in the first half of 2022.
READ: Vicinity Motor says its buses selected by Washington State in state-wide purchasing contract
"We are pleased to have secured this substantial supply agreement with one of our long term transit customers. We continue to leverage our strong brand reputation throughout the Canadian market to sell CNG buses and position ourselves for wider adoption of cleantech vehicle offerings in the future," said CEO William Trainer in a statement.
"We will continue to strive towards expanding market adoption of our clean-burning CNG and fully electric bus lines, driving forward the transition to a more sustainable public transportation system. I look forward to continued operational execution in the months ahead, helping to create long-term value for our shareholders."
Vicinity is currently developing an assembly facility in Washington State that will be capable of producing 1,000 electric, CNG, gas, and clean-diesel units annually across all sizes and powertrains.
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