- Vicinity Motor Corp VEV has received orders for six Vicinity Lightning electric buses from Nieuport Aviation and shuttle bus service provider TOK Group.
- The move is a part of initiatives Nieuport Aviation is taking to reduce its environmental impact as part of its sustainability plan.
- The buses will replace the current diesel-powered shuttle bus fleet connecting passengers between Billy Bishop Toronto City Airport and Union Station.
- The order of six new electric buses is scheduled to begin delivery in the first quarter of 2023.
- Price Action: VEV shares are trading lower by 5.63% at $1.34 on the last check Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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