

Signed multiple new distribution agreements to offer the Company's product portfolio in the United States with:.VMC 1200 Class 3 electric trucks qualified for the recently approved Incentives for Medium and Heavy-duty Zero-Emission Vehicles (iMHZEV) Program administered by Transport Canada, a $550 million subsidy program which helps to make buying or leasing zero-emission vehicles more affordable.Received an order from the TOK Group, a transportation solutions provider, for six Vicinity Lightning electric buses valued at over CAD$3.0 million to support the shuttle bus service at Billy Bishop Toronto City Airport.Secured order backlog exceeding $90 million, the majority of which are for electric vehicles.Second Quarter 2022 and Subsequent Operational Highlights (NASDAQ:VEV)(TSXV:VMC)(FRA:6LGA) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today reported its financial and operational results for the second quarter ended June 30, 2022.

VANCOUVER, BC / ACCESSWIRE / Aug/ Vicinity Motor Corp.
