With advance orders for the VMC 1200 far exceeding expectations, Aldergrove’s Vicinity Motor Corp. (TSXV:VMC and NAS:VEV) is ready to officially launch and begin deliveries of the first Class 3 electric truck to roll off the assembly line in Canada.
The uniquely versatile VMC 1200 is designed to help the commercial transportation industry reduce costs, eliminate carbon emissions, and run more efficient fleets.
“The VMC 1200 will help British Columbia and Canada become leaders in the EV sector, while supporting ambitious government targets for net-zero transportation, local job growth, and economic diversification,” said William Trainer, Founder and Chief Executive Officer of Vicinity Motor Corp.
“With the 1200 recently qualifying for Transport Canada’s $550-million subsidy program for medium-duty zero-emission vehicles, it has only become more appealing to commercial transportation operators seeking to reduce costs, eliminate carbon emissions, and run more efficient fleets.”
Designed to meet soaring demand for zero-emission medium-duty commercial vehicles, the VMC 1200 is ideal for applications ranging from construction and utility to deliveries.
Distribution of the VMC 1200, which is projected to account for a significant portion of near-term sales, is starting in October 2022.
“Until the launch of the VMC 1200, commercial transportation operators lacked a durable and reliable zero-emission Class 3 truck at a competitive price point. Now, with North American light and medium-duty EV inventories projected to top one million by 2030 and six million by 2040, the VMC 1200 provides yet another example of VMC setting itself apart from other commercial vehicle manufacturers,” Trainer concluded.
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