Vicinity Motor Corp operates in the Motor vehicles and car bodies sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Vicinity Motor Corp with three other
automobile manufacturers in North America:
GreenPower Motor Company Inc
sales of 17.98 million Canadian Dollars [US$14.36 million]
Workhorse Group Inc
of UNITED STATES
of which 92%
was Automotive), and
Electrameccanica Vehicles Corp
(761,369.01 Canadian Dollars [US$608,120.65 ]
of which 100%
was Custom Built Vehicles).
Vicinity Motor Corp reported sales of C$26.07 million (US$20.82 million)
December of 2020.
increase of 5.8%
versus 2019, when the company's sales were C$24.65 million.
Despite this increase, sales are still
below the level achieved in 2018, when Vicinity Motor Corp
reported sales of C$70.08 million.
Sales of Operating Lease Revenue saw an increase
that was more than double the company's growth rate: sales were up
51.6% in 2020, from
C$754,667.00 to C$1.14 million.
Vicinity Motor Corp also saw significant increases in sales in
Bus Sales (up 8.7% to C$21.67 million)
Not all segments of Vicinity Motor Corp experienced an increase in sales in 2020:
sales of Spare Part Sales fell 17.6% to C$3.26 million.