Vicinity Motor Inks Distribution Agreement With Central States Bus Sales

• Vicinity Motor Corp (NASDAQ:VEV) has signed a distribution agreement with Central States Bus Sales Inc, a school and commercial bus dealer in the U.S.
• Under the new agreement, Central States will distribute Vicinity vehicles throughout the entire central region.
• The distribution agreement covers seven states extending from Kentucky to Nebraska.
• The company has also received an initial commitment for 18 demo and stock buses.
• Price Action: VEV shares are lower by 4.28% at $2.24 on Monday's last check.