Vicinity Motor Corp. (TSX-V:VMC) has announced the expansion of its strategic US distribution agreement with ABC Companies, a leading provider of motorcoach and transit equipment in North America.
The Vancouver-based supplier of electric vehicles (EVs) noted that the ABC distributorship supports its focus on US 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.
"ABC's proven track record of customer sales, service and support in the US has enabled us to rapidly increase interest for both our traditional and EV product lines with key transit agencies and private companies alike,” Vicinity founder and CEO William Trainer said in a statement.
"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,” he added.
READ: Vicinity Motor wins order for five VMC Optimal E1 Chassis through Olathe Fleet Solutions
Under the expanded agreement, Vicinity said ABC will distribute its product portfolio to 18 states covering key population centers across the country important to its 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, the company added.
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.
“Our expanded partnership with VMC is important as ABC continues to be a market leader in adoption and deployment of electric vehicles,” ABC president and chief commercial officer Roman Cornell added. “Vicinity's innovative and environmentally friendly vehicle solutions support our focus on delivering excellence and performance.”
Vicinity is a North American supplier of electric vehicles for both public and commercial enterprise use. It supplies its flagship electric, CNG and clean-diesel Vicinity buses, the VMC 1200 electric truck and a VMC Optimal-EV shuttle bus.
Contact the author at stephen.gunnion@proactiveinvestors.com