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Vicinity Motor Corp
Symbol VMC
Shares Issued 30,830,471
Close 2021-10-27 C$ 5.03
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Vicinity to display vehicles at APTA Transform expo

2021-10-27 19:24 ET - News Release

Mr. John LaGourgue reports

VICINITY MOTOR CORP. TO SHOWCASE FLAGSHIP VEHICLES, NEW PARTNERSHIPS AT APTA'S TRANSFORM CONFERENCE & EXPO

Vicinity Motor Corp. will attend and showcase its vehicles at the APTA's Transform conference and expo taking place Nov. 8 to Nov. 10 in Orlando, Fla., at the Orange County Convention Center.

APTA's Transform conference and expo is the world's most comprehensive public transportation showcase of technology, products and services. With attendees and exhibitors from around the globe, the expo plays a pivotal role in connecting the U.S. transit industry to what's now and what's next in public transportation.

Vicinity and ABC Companies will jointly exhibit a range of heavy-duty, light-duty and special-purpose vehicles.

Vicinity Lightning electric vehicle

The Vicinity Lightning is a 28-foot shuttle bus designed from the ground up to be a cost-effective, user-friendly vehicle. The design allows it to fit into any standard garage with no major infrastructural electrical upgrades. Priced at an attractive cost starting at $350,000 (U.S.) with seating for up to 24 passengers, the Lightning's onboard charging and in-floor batteries are just some of the unique designs that make the vehicle a clear choice for transit and commercial applications.

VMC Optimal S1 and E1

The VMC Optimal E1 is a best-in-class, fully electric, low-floor chassis built on the E450 frame, aimed to be an enabler for zero-emission operation of an extensive range of market segments, including commercial trucks and buses, ambulances, recreational vehicles, and fleet trucks. The E1's innovative powertrain system enables more than 125 miles of driving range, 75-mile-per-hour top speed, 30-per-cent gradeability at maximum load, and utilizes high-performance battery systems from Proterra, which have industry-leading energy density, a flexible design to fit within a wide variety of vehicles, and rigorous pack level validation designed for safe and durable vehicle operation.

The VMC Optimal S1 low-floor cutaway shuttle bus, also built on the E450 chassis, takes full advantage of Optimal EV's OEM-(original-equipment-manufacturer)-quality design and engineering to introduce a product that is both C/FMVSS (Federal Motor Vehicle Safety Standards) and ADA (Americans With Disabilities Act) compliant. Its low-floor design, which is made possible by the innovative packaging of battery-electric propulsion, allows for ultralow, 11-inch, step-in height and quick deployment of an ADA-compliant accessibility ramp without the need for the added complexity of kneeling suspension. A variety of seating and storage configurations ensure the Optimal EV S1 meets all of the customer's fleet needs. Vicinity Optimal EV S1 shuttle bus will be on display with Proterra, the vehicle's high-performance battery systems provider, at booth No. 2852.

VMC 1200 Class 3 electric truck

The VMC 1200 is a 12,000-GVWR (gross vehicle weight rating), medium-duty electric truck with a 6,000-pound load capacity, expected range up to 150 miles on a single charge and a popular cab-over design -- all at an attractive price. The VMC 1200 at the expo has been upfitted with an industrial box supplied from Reading, a JB Poindexter (JBPCO) business unit.

Mark Hope, chief operating officer of EAVX, will be in attendance at the Vicinity booth to discuss opportunities for Vicinity design solutions for dealers and municipal customers. EAVX is the newest business unit of JB Poindexter & Co., which collaborates with the most advanced electric and alternative power chassis producers, allowing chassis partners to focus on their revolutionary and proprietary technologies. EAVX and the other business units of JB Poindexter are the integration bodybuilders of choice for chassis producers serving present and future EV and alternative fuel and advanced vehicle technology markets.

Vicinity Classic CNG

The Vicinity Classic 30-foot CNG is a heavy-duty transit bus powered by near-zero-emission compressed natural gas to allow for versatile uses and easy maneuverability in any community.

Vicinity and ABC Companies invite attendees to reimagine the future of sustainable transportation by visiting them and their "vehicles of change" at the APTA expo at booth Nos. 1701 and 1901.

"APTA's Transform conference and expo is a must-attend destination for transit providers, and we are privileged to display our vehicles in partnership with industry leaders such as ABC, EAVX and Proterra," said William Trainer, founder and chief executive officer of Vicinity Motor. "Together we are showcasing the industry's leading EV options across a variety of models suited for a diverse set of needs, and hope to serve as advocates and educators on the benefits of the transition to electrification of vehicles for all attendees."

About Vicinity Motor Corp.

Vicinity Motor is a leading North American supplier of electric vehicles for both public and commercial enterprise use. The company leverages a continentwide dealer network and close relationships with world-class manufacturing partners to supply its flagship electric, CNG and clean-diesel Vicinity buses, the VMC 1200 electric truck and a VMC Optimal EV shuttle bus. In addition, the company sells its proprietary electric chassis alongside J.B. Poindexter business unit EAVX, the company's strategic partner, for upfitting into next-generation delivery vehicles.

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