Inactive Instrument

Company Grande West Transportation Group Inc Toronto S.E.

Equities

CA38656C1005

Heavy Machinery & Vehicles

Business Summary

Vicinity Motor Corp. is a Canada-based supplier of electric vehicles for both public and commercial enterprise use. The Company is engaged in the production and sale of buses and spare parts in North America. It leverages a dealer network and close relationships with manufacturing partners to supply its flagship electric, compressed natural gas (CNG) and clean-diesel vicinity buses, the VMC 1200 electric truck and a VMC Optimal-EV shuttle bus. In addition, the Company sells its electric chassis alongside J.B. Poindexter business unit EAVX, which is the Company's partner, for upfitting into delivery vehicles. The Company's various buses and truck models include Vicinity Lightning EV, Vicinity Classic and VMC 1200. Its geographic segments include United Stated and Canada. The Company’s subsidiaries include Vicinity Motor (Bus) USA Corp. and Vicinity Motor (Bus) Corp.

Sales per Business

CAD in Million2022Weight2023Weight Delta
Truck
36.6 %
1 5.3 % 9 36.6 % +636.17%
Bus
35.1 %
15 63.3 % 9 35.1 % -40.82%
Spare Part
27.4 %
7 28.1 % 7 27.4 % +4.39%
Operating Lease
0.9 %
0 0.7 % 0 0.9 % +46.94%

Sales per region

CAD in Million2022Weight2023Weight Delta
Canada
87.7 %
17 72.6 % 23 87.7 % +29.09%
United States
12.3 %
7 27.4 % 3 12.3 % -51.87%

Managers

Managers TitleAgeSince
Founder 65 01/08/01
President - 02/21/02
Director of Finance/CFO - 26/18/26
Chief Tech/Sci/R&D Officer - 31/22/31
Corporate Secretary 63 01/20/01

Members of the board

Members of the board TitleAgeSince
Director/Board Member 65 29/18/29
Director/Board Member 54 21/16/21
Director/Board Member 63 23/19/23
Director/Board Member 84 13/15/13
Founder 65 01/08/01
Chairman 67 04/12/04

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 45,667,706 41,020,278 ( 89.82 %) 0 89.82 %

Shareholders

NameEquities%Valuation
1,908,809 4.180 % 1 M $
1,613,541 3.533 % 1 M $
667,271 1.461 % 455 079 $
267,374 0.5855 % 182 349 $
Old Mutual Investment Group (Pty) Ltd.
0.5526 %
252,374 0.5526 % 172 119 $
99,300 0.2174 % 67 723 $
91,133 0.1996 % 62 153 $
Geode Capital Management LLC
0.1417 %
64,732 0.1417 % 44 147 $
Desjardins Securities, Inc.
0.1011 %
46,158 0.1011 % 31 480 $
Citadel Securities GP LLC
0.0772 %
35,264 0.0772 % 24 050 $

Company contact information

Vicinity Motor Corp.

262nd Street Suite 3168

V4W 2Z6, Aldergrove

+604 607 4000

http://www.vicinitymotorcorp.com
address Grande West Transportation Group Inc
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