Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Shivani Kumaresan

Vicinity Motor Inks Distribution Deal With Hoekstra Transportation

Vicinity VEV Michigan Nasdaq Vicinity Motor Corp VMC Grand Rapids Indiana Ohio Troy (Geopolitical Entity)
  • Vicinity Motor Corp (NASDAQ:VEV) has entered into a distribution agreement with Hoekstra Transportation Inc, a dealership for school buses, commercial shuttle buses, and mobility vehicles with locations in Grand Rapids and Troy, Michigan.
  • Under the agreement, Hoekstra will distribute Vicinity vehicles throughout Michigan, Indiana, and Ohio. 
  • The contract includes Vicinity Classic, Vicinity Lightning, and VMC Optimal vehicles, with an initial order for eight vehicles.
  • "We believe our vehicles will perfectly compliment Hoekstra's portfolio, especially with their increasing focus on electric vehicle solutions," said CEO William Trainer.
  • Price Action: VEV shares traded lower by 1.75% at $2.25 on the last check Wednesday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Moderate Drinking Linked to Lower Overall Mortality Rate, Says National Academy of Sciences
So let's all enjoy a moderate toast to a Happy New Year!
Reason
Reason
Women more likely to binge drink when estrogen levels are higher, new study finds
‘Estrogen has such powerful effects on so many behaviours, particularly in females. So, it makes sense that it would also modulate drinking,’ report author says
The Independent UK
The Independent UK
‘Every night was Halloween’ – how one ‘camera girl’ captured the madcap style of 80s New York
Grace Jones, David Bowie and Debbie Harry feature alongside lesser known dancers in Sharon Smith’s Polaroids of the city’s club scene, where dressing up was your passport into the creative world
The Guardian - UK
The Guardian - UK
Humans will soon be able to mine on the Moon. But should we? 4 questions to consider
By the end of this decade, nations and private companies may well be mining the surface of the Moon.
The Conversation
The Conversation
Garten reflects on Winfrey's "love tap"
Garten reflected on the special moment in her recent memoir, "Be Ready When the Luck Happens"
Salon
Salon
Justin Baldoni to reportedly file counterclaim against Blake Lively
Dispute between It Ends With Us co-stars escalates further with Baldoni’s lawyer claiming lawsuit will ‘shock everyone’
The Guardian - US
The Guardian - US
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play