Credit Facilities with Royal Bank of Canada and Export Development Canada to Provide US$30 Million to Finance VMC 1200 EV Truck Production in 2023, While Maintaining Funding for Existing Bus Orders VANCOUVER, BC – January 4, 2023 – Vicinity Motor Corp. (NASDAQ:VEV) (TSXV:VMC) (FRA:6LGA) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced that it has secured US$30M in credit commitments (“credit commitments”) from Royal Bank of Canada (“RBC”) and Export Development Canada (“EDC”) to fund production of the Company’s VMC 1200 ...
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