Received by email:
File: '\\doc\emailin\20201204 130324 Attachment PR Lightning EV Order Dec 2020.docx'
GRANDE WEST RECEIVES U.S. ORDER FOR 5 VICINITY LIGHTNINGTM ELECTRIC VEHICLES
AND BEGINS SERIES PRODUCTION FOR 2021 DELIVERIES
Vancouver, British Columbia - Grande West Transportation Group Inc. (TSXV: BUS) (OTCQX: GWTNF) (FRA: 6LG) - December 4
--->, 2020: ("Grande West" or the "Company"), a Canadian manufacturer of mid-sized multi-purpose transit vehicles for sale
---> in Canada and the United States, is pleased to announce that it has received an order for its Vicinity LightningTM El
--->ectric Vehicles ("EV").
The order is for 5 Vicinity LightningTM buses from the Company's U.S. distribution channel. The vehicles will be used
--->for university shuttle services and delivery is scheduled in the third quarter of 2021.
This order is part of a 20 bus production schedule that begins the series production of the Vicinity LightningTM for
--->commercial deliveries in calendar year 2021. The Company is seeing a large demand from public and private operators ac
--->ross Canada and the U.S.
The vehicle presentation and specifications can be viewed at https://vicinitybus.com/wp-content/uploads/2020/11/Grande
--->-West-Vicinity-Lightning-EV-Presentation-November-2020.pdf.
Deploying zero emission technology in the transportation sector is a vital part of reducing greenhouse gases. The new
---> Vicinity LightningTM will help move people more efficiently using proven zero emission technology with a smaller envi
--->ronmental footprint that will support a cleaner and more sustainable planet and community prosperity. The size and des
--->ign of the bus provides maximum versatility to support multiple transportation applications utilizing high quality, pr
--->oven and commercially available technology and industry standardized charging solutions. The Vicinity LightningTM bus
--->delivers ease of use without high-cost proprietary technology and charging systems.
William Trainer, President and CEO stated, "We are extremely excited about our new Vicinity Lightning EV and LT 28 foo
--->t shuttle bus models. Management sees the runway for new sales of this line of medium-duty Vicinity product to be over
---> 1000 units per year. We have locked in production levels to produce up to 200 Vicinity LightningTM during 2021. We lo
--->ok forward to updating the market on continued success in our Canadian and U.S. sales expansion."
About Grande West Transportation Group
Grande West Transportation is a Canadian company that designs and engineers mid-size multi-purpose transit vehicles fo
--->r public and commercial enterprises. Grande West utilizes world-class manufacturing partners to produce the Purpose-Bu
--->ilt VicinityTM medium and heavy-duty buses available in electric, CNG, gas and clean diesel drive systems. The Vicinit
--->y LightningTM EV with an electric propulsion drive system is available for 2021 deliveries.
The Company has been successful in supplying Canadian municipal transportation agencies and private operators with new
---> buses. Grande West is compliant to Buy America certification, and with a strong distribution chain in the U.S., is ac
--->tively pursuing opportunities in public and private transit fleet operations that would benefit from Grande West's veh
--->icles.
www.grandewest.com
www.vicinitybus.com
For investor relations, please contact:
Paradox Public Relations Inc.
Karl Mansour
Managing Director
Ph: (514) 341-0408 or 1-866-460-0408
IR@grandewest.com
Company contact:
Grande West Transportation
John LaGourgue
VP Corporate Development
Ph: 604-288-8043
IR@grandewest.com
Neither the TSX-V nor its Regulation Service Provider (as that term is defined in the policies of the TSX-V) accepts r
--->esponsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forw
--->ard-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than
--->statements of historical fact, included herein, including without limitation, statements regarding the use of proceeds
---> from the Private Placement, are forward-looking statements. Forward-looking statements are frequently, but not always
--->, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", a
--->nd similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or
---> be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such
--->statements will prove to be accurate, and actual results and future events could differ materially from those anticipa
--->ted in such statements.
Important factors that could cause actual results to differ materially from Grande West's expectations include uncerta
--->inties relating to the receipt of final approval from the TSX-V; and other risk and uncertainties disclosed in Grande
--->West's reports and documents filed with applicable securities regulatory authorities from time to time. Grande West's
--->forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. Grande W
--->est assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors
--->, should they change, except as required by law.
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