Public market insider buying at Vicinity Motor (VMC)

Public market insider buying at Vicinity Motor (V:VMC)

James David Alexander White, a Director, acquired 78,000 Common Shares on a direct ownership basis at a price of $2.930 on April 4th, 2022. This represents a $228,540 investment into the company's shares and an account share holdings change of 22.3%.

Vicinity Motor is in the Heavy Machinery & Vehicles Sub Industry Group under the Industrials Sector.

Vicinity Motor Corp., formerly Grande West Transportation Group Inc., is a Canada-based supplier of electric vehicles for both public and commercial enterprise use in United States and Canada. The Company's operation focuses on manufacturing, engineering, designing, servicing, and selling of the Vicinity branded electric, compressed natural gas (CNG), and clean diesel transit buses and electric trucks. It leverages a dealer network with manufacturing partners to supply its flagship electric, CNG and clean-diesel Vicinity buses, the VMC 1200 electric truck and a VMC Optimal-EV shuttle bus. In addition, the Company sells its electric chassis alongside J.B. Poindexter business unit EAVX, the Company's partner, for upfitting into delivery vehicles. Its various buses and truck models include Vicinity Lightning EV, Vicinity Classic, VMC 1200, VMC Optimal S1LF and VMC Optimal E1. Its subsidiaries include Grande West Transportation International Ltd. (GWTI) and Vicinity Motor (Bus) USA Corp.