Vicinity Motor Corp., a North American supplier of commercial electric vehicles, announced a strategic supply agreement with Electrovaya Inc. for the supply of battery systems for the company’s line of Vicinity Lightning EV buses and fully electric VMC 1200 Class 3 trucks.
The agreement provides Vicinity with Lithium-ion battery systems that utilize the latest Electrovaya NMC ceramic lithium-ion battery technologies. It will also support full integration within Vicinity’s line of vehicles.
“Our decision to collaborate with Electrovaya as a strategic supplier followed rigorous engineering and due diligence activities,” said William Trainer, founder and CEO of Vicinity Motor. “Sales momentum for our Vicinity Lightning EV lines of buses and our new fully electric VMC 1200 Class 3 Truck continues to scale, and this agreement secures our supply chain for the crucial battery component of our platforms. The Electrovaya batteries will provide confidence with prospective customers with a superior lifecycle performance and peace of mind with respect to safety.”
Electrovaya designs, develops, and manufactures Lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications.
“Vicinity customers using the Electrovaya battery system will experience best-in-class performance with our leading-edge technology,” said Sankar Das Gupta, president and CEO of Electrovaya. “Our partnership will bring together two leaders in commercial and public vehicle electrification and deliver models at a price point suitable for mass deployment across small and large fleets. Vicinity Motor Corp. offers a highly competitive lineup of electric vehicles for the North American market and we expect our battery systems to help provide an additional competitive advantage to improve their adoption.”
Originally posted on Metro Magazine
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