Vicinity Motor Corp. announced that it has received a letter of intent from Pioneer Auto Group for 100 VMC 1200 Class 3 Electric Trucks worth approximately CAD 14 million. Pioneer is a well-respected Canadian dealership group with 17 locations located chiefly throughout British Columbia, Canada. The company has retails over 6,000 vehicles per year. Carries over 1,500 vehicles in its network including Mitsubishi, Honda, Chrysler, Dodge, Jeep and RAM models. The 100 VMC 1200 Class 3 Trucks specified in the LOI are expected to be delivered in 2022, subject to the execution of a dealer agreement, with first orders starting in first quarter. The dollar value of the vehicle purchase is approximately CAD 14 million.