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Vicinity Motor Corp   (NASDAQ: VEV)
Other Ticker:  
 
 
Price: $0.0201 $-0.03 -58.299%
Day's High: $0.0362 Week Perf: -64.3 %
Day's Low: $ 0.02 30 Day Perf: -85.95 %
Volume (M): 25,495 52 Wk High: $ 0.95
Volume (M$): $ 512 52 Wk Avg: $0.43
Open: $0.03 52 Wk Low: $0.02



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) -
 Employees 79
 Revenues (TTM) (Millions $) 19
 Net Income (TTM) (Millions $) -17
 Cash Flow (TTM) (Millions $) 2
 Capital Exp. (TTM) (Millions $) 2

Vicinity Motor Corp
Vicinity Motor Corp is a leading manufacturer of electric vehicles based in Canada. They specialize in the production of medium-duty electric buses and commercial vehicles. Their vehicles are designed with a focus on cost-effectiveness, energy efficiency, and sustainability. With a growing market demand for eco-friendly transportation solutions, Vicinity Motor Corp is poised to become a key player in the electric vehicle industry.


   Company Address: 3168 Aldergrove 0 BC
   Company Phone Number: 607-4000   Stock Exchange / Ticker: NASDAQ VEV


   

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Vicinity Motor Corp

Vicinity Motor Corp Shows Impressive Growth in EV, Auto & Truck Manufacturing Sector

Vicinity Motor Corp's recent financial performance has been nothing short of impressive, with the company achieving zero gain of $0.00 per share for the October to December 31, 2023 period. This marks a significant improvement from a year ago when the company reported a loss of $-0.45 per share. Furthermore, the company's revenue increased by 3.112% to $19.05 million in the same period, showcasing its strong growth trajectory.
What sets Vicinity Motor Corp apart from its peers in the EV, Auto & Truck Manufacturers sector is its exceptional business growth. While most companies in the sector reported an average growth of 2.65% in the fourth quarter of 2023, Vicinity Motor Corp outperformed with its faster growth rate. This demonstrates the company's ability to capitalize on market opportunities and continuously expand its presence in the industry.










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