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Benzinga
Benzinga
Business
Shivani Kumaresan

Vicinity Motor Inks Distribution Agreement With Central States Bus Sales

Vicinity United States VEV Nasdaq Vicinity Motor Corp Kentucky Nebraska
  • 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.
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