Both of which have seen strong support from government agencies, private operators, dealers and transit authorities for the electrification of their fleets. We believe that our growth in the future will be driven by our breakthrough Vicinity Lightning™ EV bus, as well as our new VMC 1200 Class 3 EV truck. "We continue to see traction in the marketplace, delivering 20% more vehicles in the first quarter of 2021 than we did in all of 2020 combined.
"We believe a Nasdaq listing will help elevate the Company's public profile, expand our shareholder base, improve liquidity and enhance shareholder value." "The listing of our shares on the Nasdaq represents a significant milestone for Vicinity Motor as we leverage our strong momentum to accelerate sales of our next-generation electric vehicle (EV) products," said William Trainer, Founder and Chief Executive Officer of Vicinity Motor Corp. The trading symbols for on the TSX Venture and Frankfurt exchanges will remain unchanged. The Company's common shares will continue to trade on the OTCQX until market close on July 6, 2021.
The Company expects to begin trading on the Nasdaq on Wednesday, Junder the symbol "VEV".
(TSXV:VMC)(OTCQX:BUSXF)(FSE:6LG) ("Vicinity Motor," “VMC” or the "Company") (formerly Grande West Transportation Group Inc.), a leading supplier of electric, CNG, gas and clean diesel vehicles, today announced that the Nasdaq Stock Market LLC has approved the listing of the Company's common shares on the Nasdaq Capital Market ("Nasdaq"). VANCOUVER, BC / ACCESSWIRE / J/ Vicinity Motor Corp.
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