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BUS.V -- Consolidating before another leg up

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TSXV:BUS   None
BUS.V had a major news release today about the US expansion that went unnoticed by the market (so far). The company is working towards NASDAQ uplisting and steadily expanding/adding new contracts. Another important factor is that it meets the "Buy American" policy criteria. It should do very well in the US, especially when uplisting is completed.

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Grande West Enters into Strategic U.S. Distribution Partnership with ABC Companies

VANCOUVER, BC / ACCESSWIRE / February 22, 2021 / Grande West Transportation Group Inc. (TSXV:BUS)(OTCQX:BUSXF)(FRA:6LG) ("Grande West" or the "Company"), a leading supplier of electric, CNG , gas and clean diesel buses, today announced that it has entered into a strategic U.S. distribution agreement with ABC Companies ("ABC"), a leading provider of motorcoach and transit equipment in North America.

The ABC distributorship supports Grande West's focus on U.S. expansion as it begins marketing the fully Buy America compliant Vicinity™ heavy duty mid-size bus, the Vicinity Lightning™ EV and Vicinity™ LT light duty models to new and existing customers.

Under the new agreement, ABC Companies, a leading provider of motorcoach, transit and specialty passenger transport equipment in the USA and Canada, will distribute the manufacturer's Vicinity™ heavy-duty vehicles throughout the Western United States from Texas to California. The Vicinity line fills in key transit and private shuttle markets within the ABC portfolio of new vehicles for these locations, enhancing the offering to current customers while expanding to other sectors.

"As we continue to expand the ABC product portfolio, our main goal is to provide more choice and price points for operators," said Roman Cornell, President ABC Companies. "Our customers' needs drive our strategic priorities and after an extensive search, we found the Grande West Vicinity product line achieved best in class results across a number of the Federal Transit Authorities Altoona testing procedures. Our distribution agreement with Grande West enables ABC to offer its proven track record of customer sales, service and support with a proven, high-quality Buy America compliant product line, inclusive of their innovative new battery-electric vehicles.

"The Grande West Vicinity lineup offers added flexibility and choice to our transit customer base who already utilize ABC's parts and maintenance services, providing a great fit for our large base of operators. With decades of experience in sales, technical, repair and maintenance support, ABC is committed to supporting heavy duty mid-size market users who can leverage the expertise of a proven market leader like Grande West," concluded Cornell.

"We are proud to announce our distribution partnership with ABC , representing an excellent addition to our reach in the United States, particularly as we begin to market our Buy America compliant Vicinity™ buses to new and existing customers," added William Trainer, President and Chief Executive Officer of Grande West. "In particular, ABC's well-established reputation for EV sales in the California market will prove invaluable as we bring our new Vicinity Lightning™ EV bus to market. We look forward to working closely with Roman and the ABC team going forward."

Comment: More good news...

Vicinity(TM) Buses Selected For New Mexico Statewide Contract

VANCOUVER, BC / ACCESSWIRE / February 23, 2021 / Grande West Transportation Group Inc. (TSXV:BUS)(OTCQX:BUSXF) (FRA:6LG) ("Grande West" or the "Company"), a leading supplier of electric, CNG, gas and clean diesel buses, today announced the State of New Mexico has selected Vicinity buses in a statewide purchasing contract that gives State transit agencies the right to purchase directly from the Company's diverse bus portfolio.

Vehicles for selection will be produced from Grande West's "Buy American Act" compliant assembly facility in Washington state, which will be capable of producing 1,000 electric, CNG, gas and clean-diesel units annually across all sizes and powertrains.

"We are privileged to have our Vicinity buses included in this contract allowing New Mexico transit agencies the ability to choose Grande West as an OEM supplier for their growing fleets," said William Trainer, President and Chief Executive Officer of Grande West. "This marks a significant milestone in our expansion into the large U.S. market, where we are leveraging our solid industry reputation to continue to capture market share nationwide - as evidenced by our 2021 deliveries, which currently stands in excess of 100 Vicinity™ buses to be delivered in the first half of 2021.

"We believe we can offer competitive bids to New Mexico for our innovative line of buses. We look forward to working with New Mexico officials to match our vehicles with their requirements, creating long-term value for both our customers and shareholders," concluded Trainer.

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Firkin Awesome!
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Brilliant insight bro🔥👍
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