Vicinity will be able to produce more than 1,000 electric vehicle (EV) units annually.
Vicinity Signs Distribution Agreement with Central States Bus Sales
The VMC distribution agreement covers seven states extending from Kentucky to Nebraska.
The VMC distribution agreement covers seven states extending from Kentucky to Nebraska.
INIT was the only company awarded for both the payment acceptance devices and fare processing software.
The new three-year agreement was ratified by members of the coach operators’ union, Teamsters Local 952.
Under a new, multi-year supply agreement, Proterra battery systems will power the Vicinity Lightning 28-foot electric transit bus and Vicinity’s strip chassis platform to support several commercial vehicle configurations such as shuttle buses, utility trucks, and box trucks.
Lightning eMotors has signed a two-year agreement to purchase 175 megawatt-hours (MWh) of CATL battery products.
Fifteen countries agree to work together toward 100% zero-emission new truck and bus sales by 2040.
The contract also includes solutions for driverless automated systems, data transmission, centralized supervision controls, and the overall integration of the transport system.
Optimal-EV will produce the vehicles and chassis for Vicinity Motor and Vicinity Motor will market and sell the vehicles directly in Canada and through a dealer network in the U.S.
Following positive progress on antitrust regulation process, the closing of the transaction is now expected for Q1 2021, subject to regulatory approvals and customary closing conditions, with an extraordinary shareholders’ meeting to be held in October.
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