Vicinity Motor pops as it starts delivering VMC 1200 electric truck

Vicinity Motor

05/10/2022 10:40

** U.S.-listed shares of Canadian commercial vehicle maker
Vicinity Motor Corp  VEV.O  rise 59.8% to $1.71 premarket
    ** VEV says it started delivering Canada's first Class 3
electric truck named VMC 1200  urn:newsml:reuters.com:*:nACSGBBxja
    ** The VMC 1200 provides 241 kilometers or 150 miles of
range on a single charge and can be used in applications from a
delivery vehicle to a dump truck
    ** Co says distribution of the vehicle is projected to
account for a significant portion of near-term sales
 (Reporting by Akash Sriram in Bengaluru)
 ((Akash.Sriram@thomsonreuters.com; https://twitter.com/hoodieonveshti;))