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Vicinity Motor Corp. - $VEV STOCK NEWS

Welcome to our dedicated page for Vicinity Motor news (Ticker: $VEV), a resource for investors and traders seeking the latest updates and insights on Vicinity Motor stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Vicinity Motor's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Vicinity Motor's position in the market.

News
Vicinity Motor Corp. Grants Stock Options
Rhea-AI Summary
Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) Announces Grant of 402,000 Incentive Stock Options
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.33%
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News
Vicinity Motor Corp. Reports Third Quarter 2023 Financial Results
Rhea-AI Summary
Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) reported its Q3 2023 financial and operational results, highlighting a $150 million order backlog, $6.5 million revenue, and expansion of the VMC 1200 distribution network across North America. The company also partnered with ADASTEC to create an SAE Level-4 automated Vicinity Lighting EV transit bus and secured new orders for Vicinity Classic Clean Diesel Buses. The third quarter saw the opening of a new U.S. manufacturing campus in Ferndale, Washington, and a significant improvement in gross profit.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.87%
Tags
earnings
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News
Exro Technologies Announces Third Quarter 2023 Financial Results
Rhea-AI Summary
Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) announced its Q3 2023 financial results, generating $2,032,669 and $4,800,730 in revenue for the three and nine months ended September 30, 2023, respectively. The company also achieved certification of its Cell Driver™ battery modules to the UL 1973 standard and was granted a patent for its Cell Driver™ technology. Exro saw an increase in operating costs for the nine months ended September 30, 2023, driven by higher payroll and research and development costs compared to the same period in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.32%
Tags
earnings
News
Vicinity Motor Corp. to Report Third Quarter 2023 Financial Results on Monday, November 13 at 4:30 p.m. Eastern Time
Rhea-AI Summary
Vicinity Motor Corp. will release its financial results for the third quarter ended September 30, 2023, after the market close on Monday, November 13, 2023. The company will host an investor conference call to discuss the results, provide a corporate update, and conduct a Q&A session.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.35%
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conferences earnings
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News
Vicinity Motor Corp. Receives NASDAQ Notification Letter Regarding Minimum Bid Price Deficiency
Rhea-AI Summary
Vicinity Motor Corp. has received a notification letter from NASDAQ stating that it is not in compliance with the minimum bid price requirement for continued listing on the NASDAQ. The company has been given 180 days to regain compliance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.04%
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News
Vicinity Motor Corp. and ADASTEC to Deploy Automated Transit Buses at Michigan State University
Rhea-AI Summary
Vicinity Motor Corp. to deploy autonomous electric transit bus at Michigan State University
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.11%
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none
News
Vicinity Motor Corp. and ADASTEC to Pioneer Automated Transit Buses at Buffalo Niagara Medical Campus
Rhea-AI Summary
Vicinity Motor Corp. to deploy an automated electric bus at the Buffalo Niagara Medical Campus in 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.73%
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none
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News
Vicinity Motor Corp. to Showcase Vicinity Lightning Electric Transit Bus at APTA's TRANSform Conference & EXPO
Rhea-AI Summary
Vicinity Motor Corp. will showcase its Vicinity Lightning electric transit bus with Exro Coil Driver technology at the APTA TRANSform Conference & EXPO in Orlando. The Lightning is a cost-effective, user-friendly electric vehicle, and the Coil DriverTM enhances motor performance and efficiency. This exhibition could generate new customer relationships and aid in the mission to deliver a sustainable public transit system.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.98%
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none
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News
Vicinity Motor Corp. Announces Partnership with ADASTEC for Automated Transit Buses
Rhea-AI Summary
Vicinity Motor Corp. announces partnership with ADASTEC to create an automated Vicinity Lighting EV transit bus for the North American market, driving innovation, accessibility, and sustainability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.15%
Tags
partnership
News
Vicinity Motor Corp. Issues DSUs
Rhea-AI Summary
Vicinity Motor Corp. grants 150,394 DSUs to Eligible Directors for their 2023 remuneration. TSX Venture Exchange approves the issuance of 1,500,000 warrants at an exercise price of $1.33 in conjunction with debt extension.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Stock VEV logo
Vicinity Motor Corp.

Nasdaq:VEV

VEV Rankings

#4970 Ranked by Market Cap
#4185 Ranked by Stock Gains
N/A Ranked by Dividends

VEV Stock Data

34.71M
41.02M
10.18%
0.27%
0.02%
Automobile and Other Motor Vehicle Merchant Wholesalers
Wholesale Trade
Link
United States of America
Aldergrove

About VEV

grande west transportation group is a canadian bus manufacturer which designs, engineers and manufactures mid-size buses for transit authorities and commercial enterprises. grande west's best-in-class vicinity bus is available in 27.5, 30 and 35 foot models powered by clean diesel or cng designed with affordability, accessibility and global responsibility in mind. it costs significantly less than a regular 40 foot transit bus, burns less fuel and emits less harmful emissions. grande west's vicinity is operating throughout most provinces in canada, and has entered the significantly larger us market as a buy america compliant manufacturer.