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Vicinity Motor Grants Director DSUs, Expands EV Market Presence
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Vicinity Motor Grants Director DSUs, Expands EV Market Presence

Vicinity Motor Corp (TSE:VMC) has released an update.

Vicinity Motor Corp., a leading North American supplier of commercial electric vehicles, has announced the issuance of 187,745 Deferred Share Units (DSUs) to fulfill director remuneration for Q1 2024. The company continues to expand its footprint in the transit and industrial markets with its range of electric, CNG, and clean-diesel buses, as well as the VMC 1200 electric truck, leveraging its dealer network and manufacturing partnerships.

For further insights into TSE:VMC stock, check out TipRanks’ Stock Analysis page.

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