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Grande West Transportation Group Inc
Symbol BUS
Shares Issued 84,584,263
Close 2020-12-03 C$ 1.68
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Grande West receives order for five electric buses

2020-12-04 16:09 ET - News Release

Mr. William Trainer reports

GRANDE WEST RECEIVES U.S. ORDER FOR 5 VICINITY LIGHTNING ELECTRIC VEHICLES AND BEGINS SERIES PRODUCTION FOR 2021 DELIVERIES

Grande West Transportation Group Inc. has received an order for its Vicinity Lightning electric vehicles.

The order is for five Vicinity Lightning 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 Lightning for commercial deliveries in calendar year 2021. The company is seeing a large demand from public and private operators across Canada and the United States.

Deploying zero-emission technology in the transportation sector is a vital part of reducing greenhouse gases. The new Vicinity Lightning will help move people more efficiently using proven zero-emission technology with a smaller environmental footprint that will support a cleaner and more sustainable planet and community prosperity. The size and design of the bus provides maximum versatility to support multiple transportation applications utilizing high-quality, proven and commercially available technology and industry standardized charging solutions. The Vicinity Lightning bus delivers ease of use without high-cost proprietary technology and charging systems.

William Trainer, president and chief executive officer, stated: "We are extremely excited about our new Vicinity Lightning EV and LT 28-foot shuttle bus models. Management sees the runway for new sales of this line of medium-duty Vicinity product to be over 1,000 units per year. We have locked in production levels to produce up to 200 Vicinity Lightning during 2021. We look forward to updating the market on continued success in our Canadian and U.S. sales expansion."

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 medium- and heavy-duty buses available in electric, CNG, gas and clean diesel drive systems. The Vicinity Lightning 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.

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