![]() ![]() Poindexter subsidiary EAVX, the Company’s strategic partner, for upfitting into next-generation delivery vehicles. In addition, the Company sells its proprietary electric chassis to J.B. The Company leverages a continent-wide dealer network and close relationships with world-class manufacturing partners to supply its market-leading flagship electric, CNG and clean-diesel Vicinity™ buses, the VMC 1200 electric truck and a Vicinity Optimal-EV shuttle bus. (NASDAQ:VEV)(TSXV:VMC)(FRA:6LGA) is a leading North American supplier of electric vehicles for both public and commercial enterprise use. To learn more about how Electrovaya is powering mobility and energy storage, please explore About Vicinity Motor Corp. Headquartered in Ontario, Canada, Electrovaya has production facilities in Canada with customers around the globe. Electrovaya is a technology focused company with extensive IP. ![]() (TSX:EFL) (OTCQB:EFLVF) designs, develops and manufactures proprietary lithium ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications. offers a highly competitive lineup of electric vehicles for the North American market, and we expect our battery systems to provide an additional competitive advantage to improve their adoption.”Įlectrovaya Inc. “Our partnership will bring together two leaders in commercial and public vehicle electrification and deliver models at a price point suitable for mass deployment across small and large fleets. Sankar Das Gupta, President and Chief Executive Officer of Electrovaya. “Vicinity customers using the Electrovaya battery system will experience best-in-class performance with our leading-edge technology,” said Dr. The Electrovaya batteries will provide confidence with prospective customers due to their superior life cycle performance, and peace of mind due to their strong safety standards.” “Sales momentum for our breakthrough Vicinity Lightning™ EV lines of buses and our new fully electric VMC 1200 Class 3 Truck continues to scale, and this agreement secures our supply chain for the crucial battery component of our platforms. “Our decision to collaborate with Electrovaya as a strategic supplier followed rigorous engineering and due diligence activities,” said William Trainer, Founder and Chief Executive Officer of Vicinity Motor Corp. Vicinity recently released guidance for 2022 and indicated “Vicinity Motor expects to complete deliveries of over 95 Vicinity™ Classic buses, 75 Vicinity Lightning™ EV buses and chassis, 2 EV trucks, and 300 Vicinity Optimal EVs to drive year end revenues of over $140 million.” The agreement provides Vicinity with battery systems that utilize the latest Electrovaya NMC Ceramic lithium ion battery technologies and supports full integration within the Vicinity line of vehicles. Electrovaya designs, develops and manufactures proprietary lithium ion batteries, battery systems and battery-related products for energy storage, clean electric transportation and other specialized applications. ![]() The strategic supply agreement is for the supply of battery systems for Vicinity’s line of Vicinity Lightning™ EV buses and fully electric VMC 1200 Class 3 trucks.Įlectrovaya is a pioneering leader in the global energy transformation, focused on contributing to the prevention of climate change through supplying the safest and longest lasting lithium ion batteries in the marketplace. (NASDAQ:VEV) (TSXV:VMC) (FRA:6LGA) (“Vicinity”), a leading supplier of electric, compressed natural gas and clean diesel vehicles. (TSX:EFL) (OTCQB:EFLVF), a lithium ion battery manufacturer with industry-leading performance and substantial intellectual property, today announced the signing of a strategic supply agreement with Vicinity Motor Corp. ![]() Sotera Health Company SHC was down, falling 10% to $7.20 after Citigroup downgraded the stock from Buy to Neutral.Electrovaya Inc.AeroClean Technologies shares jumped 85% on Tuesday after the company and Molekule announced they have entered into a definitive agreement to combine the companies in an all-stock merger. Shares of AeroClean Technologies, Inc.Bit Brother Limited BTB shares tumbled 39% to $0.1953 after jumping 185% on Tuesday.TOP Ships recently reported a 412% surge in net income for the six months ended June 30. Tupperware Brands Corporation TOPS shares were also up, gaining 101% to $10.94.VEV got a boost, shooting 13% to $1.17 after the company announced it started delivering Canada's first Class 3 electric truck. Defense Innovation Unit for the development of an amphibious unmanned system. KITT shares shot up 75% to $5.64 after the company said it was awarded a second multi-million dollar contract by the U.S. ![]()
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