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Tag: Vicinity Motor Stock

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How Did The Vicinity Motor (VEV) Stock Surged In The Extended Session, Jumping 6%?

In after-hours trading hours on the last trade Monday, Vicinity Motor Corp. (NASD: VEV) stock was up 6.56% at $0.812, rebounding from a -16.35% loss in the last trading session. Recently, what has VEV been up to? Sustainability Partners LLC (“SP”), an ESG-focused Public Benefit Company committed to eliminating deferred maintenance infrastructure through sustainability, has placed an order with Vicinity Motor (VEV). In this order, Vicinity’s Pacific Islands distributor, Soderholm Sales & Leasing, Inc. (“Soderholm”), bought four (4) Vicinity Lightning electric buses. By replacing outdated and costly fleet infrastructure with modern electrified solutions like the Vicinity Lightning, the State of