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Vicinity Motor Corp. Announces Strategic Supply Agreement with Electrovaya for Lithium Battery Systems

Vicinity Motor Corp. Announces Strategic Supply Agreement with Electrovaya for Lithium Battery Systems

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Electrovaya to provide Lithium-ion battery systems for Vicinity electric vehicles VANCOUVER, BC / ACCESSWIRE / October 13, 2021 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)(FRA:6LGA) (“Vicinity Motor,” “Vicinity” or the “Company”), a leading North American supplier of commercial electric vehicles, today announced the formation of a strategic supply agreement with Electrovaya Inc. (TSX:EFL) (OTCQB:EFLVF) (“Electrovaya”) for the supply of battery systems for the Company’s line of Vicinity Lightning™ EV buses and fully electric VMC 1200 Class 3 trucks. Electrovaya is a leader in the global energy transformation, focused on contributing to the prevention of climate change through its efforts to supply safe and long-lasting Lithium-ion batteries.

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