17:21:34 EDT Tue 19 Oct 2021
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Grande West Transportation Group Inc
Symbol BUS
Shares Issued 76,768,145
Close 2020-10-30 C$ 1.29
Recent Sedar Documents

Grande West hires Lion for electric Vicinity buses

2020-10-30 16:24 ET - News Release

Mr. William Trainer reports

GRANDE WEST PARTNERS WITH LION SMART AND BMW TO ELECTRIFY VICINITY BUSES

Grande West Transportation Group Inc. has engaged with Lion Smart GmbH to integrate BMW technology as its electric vehicle (EV) solution.

The company is launching its new purpose-built Vicinity LT EV bus in the fourth quarter of 2020 and partnering with Lion Smart engineering services for development and integration of the power management system. The contract between Grande West Transportation and Lion Smart includes engineering services covering software, mechanical and electrical adaptation, battery management, and the integration of 400-volt BMW battery packs into the Vicinity LT EV. As part of this contract, Lion Smart is carrying out high-tech work of integrating the BMW battery pack solution. The demonstration Vicinity LT EV is scheduled for delivery to Grande West in first quarter 2021. After successful completion of the development project, subsequent orders for the supply of battery packs in significant quantities are possible for 2021.

The BMW high-voltage batteries developed for the BMW i3 will be used for the Vicinity LT EV. The BMW i batteries are a proven EV solution in many applications other than just the i3, with over 100,000 BMW i battery packs sold worldwide.

"We are happy about the development contract from Grande West Transportation and the acquisition of another customer in North America," said Thomas Hetmann, managing director of Lion Smart. "Integration work and its following commercial production series supply represents a lucrative and scalable business model. This contract shows that our services as a specialist for engineering services are in demand and that other customers are also interested in our expertise in this area."

William Trainer, president and chief executive officer of Grande West, stated: "We are very excited to be working with Lion Smart and BMW technology to bring our EV to the market. We have taken our time to select the best technology partners in the industry by using a proven, off-the-shelf, upgradable automotive-style solution. We are receiving a lot of interest in our Vicinity LT EV bus, which is available for deliveries in 2021. We will be announcing further information about the product launch shortly."

About Grande West Transportation Group Inc.

Grande West Transportation is a Canadian company that designs and engineers mid-size multipurpose transit vehicles for public and commercial enterprises. Grande West utilizes world-class manufacturing partners to produce the purpose-built Vicinity heavy-duty bus available in clean diesel, gas and CNG (compressed natural gas) drive systems. The Vicinity LT 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 United States, is actively pursuing opportunities in public and private transit fleet operations that would benefit from Grande West's vehicles.

We seek Safe Harbor.

© 2021 Canjex Publishing Ltd. All rights reserved.