![]() ![]() (NASDAQ:VEV)(TSXV:VMC) (“VMC”) is a North American supplier of electric vehicles for both public and commercial enterprise use. For more information, please visit DSMA Company Contact: DSMA can help us identify and execute on these relationships,” concluded LaGourgue.įarid Ahmad, Founder and CEO of DSMA, added: “We believe there is a tremendous market demand for a fully electric Class 3 commercial EV such as the VMC 1200 and look forward to leveraging our expertise to expedite the entry of this flagship vehicle into key markets across North America.”ĭSMA (Dealer Solutions North America) is North America’s leading automotive intelligence and M&A advisory service, having completed 1500+ dealership valuations and 370+ successful transactions in the past 10 years. When addressing the light-to-medium duty truck market, which equates to about 500,000 new units a year, it is a natural fit for us to partner with the groups that are already addressing the market with premier dealer services. “Our expertise is delivering industry-leading buses and trucks that are purpose designed for the markets they serve. “We believe that our VMC 1200 truck, and those interested in acquiring the first all-electric Class 3 truck, are best served by automotive and commercial equipment dealers that are already established in their markets and have a deep understanding of the local customer base,” added William Trainer, Vicinity’s Founder and CEO. Per the terms of the services agreement, DSMA will assist Vicinity in identifying and establishing dealer performance criteria, metrics, and guidelines for selecting and prioritizing dealership opportunities, setting the strategy for “early adopters”, prioritizing geographic focus and helping define opportunities to enter different markets or introduce new vehicle offerings. “By working with DSMA, we will be able to more rapidly secure high-value dealer partnerships that will maximize our ability to deliver VMC 1200 trucks to market while ensuring the highest level of customer service and satisfaction.” “DSMA is the premier transaction originator and advisor in the North American automotive and heavy equipment sectors, with an unrivaled ability to reach any dealer in Canada or the United States,” said John LaGourgue, VP Sales and Corporate Development at Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) (“Vicinity” or the “Company”), a North American supplier of commercial electric vehicles, today announced it signed a dealer network development services agreement with Dealer Solutions Mergers and Acquisitions (“DSMA”) to enhance North American market penetration for its industry-leading, Class all-electric trucks. VANCOUVER, BC / Febru/ Vicinity Motor Corp. DSMA to Identify and Assist in Securing Dealer Partnerships across North America for Vicinity’s Industry-Leading, Class All-Electric Trucks
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