Vicinity Motor Corp. (TSX-V:VMC) announced that it has signed a new distribution agreement with Hoekstra Transportation, Inc, Michigan's largest school bus, commercial bus, cargo and custom van dealer, to offer its Vicinity Lightning, Vicinity Classic and VMC-Optimal vehicles.
Under the terms of the agreement, Hoekstra will distribute Vicinity vehicles throughout Michigan, Indiana and Ohio, adding to its portfolio of traditional and electric vehicles. The agreement includes a commitment to eight vehicles, including Vicinity Classic, Vicinity Lightning and VMC Optimal vehicles.
"We are excited that Hoekstra has chosen to represent Vicinity vehicles in Michigan, Indiana and Ohio - providing us with additional opportunities in this important transportation region," Vicinity founder and CEO William Trainer said in a statement. "And, with nearly 100 years' experience in sales and support of mass passenger transportation, Hoekstra is truly an expert in the field. We believe our vehicles will perfectly compliment Hoekstra's portfolio, especially with their increasing focus on electric vehicle solutions.”
READ: Vicinity Motor secures initial commitment for 18 VMC Optimal S1 buses in distribution agreement with Central States Bus Sales
Vicinity noted that Hoekstra Transportation has been family-owned and operated since 1928, and is part of the Hoekstra family of companies. The company is a dealership for school buses, commercial shuttle buses, and mobility vehicles with locations in Grand Rapids and Troy, Michigan.
"Our family's automotive legacy has always focused on innovation and meeting the demands of our customers. VMC will help to expand our full range of vehicles with purpose-built, modern, cost-saving options including electrified buses and shuttles that complement our commitment to building a brighter, cleaner future for our customer's communities,” Hoekstra Transportation president and CEO Mark Hoekstra added. “Having seriously considered the options available in the market, VMC was a clear partner for Hoekstra's future."
Vicinity also announced that Manuel Achadinha is no longer employed as an officer of the company as of April 13, 2022. Management wishes him the best in his future endeavors, it added.
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