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Vicinity Motor Corp wins 'industry milestone contract' with Calgary Transit to supply its EV buses

Vicinity Motor Corp wins 'industry milestone contract' with Calgary Transit to supply its EV buses

Vicinity Motor Corp (CVE:VMC) (OTCQX:BUSXF) (FRA:6LG) CEO William Trainer tells Proactive it has won a 'industry milestone contract' with Calgary Transit to supply 14 of its Vicinity Lightning electric vehicle (EV) buses valued at more than C$6.0 million.

Trainer says the initial 14 EV bus order is for delivery in 2022, with Calgary Transit having the option to purchase supplemental vehicles at a set price over a five-year period.