Vicinity Motor Corp. to Participate in Benzinga All-Access Show on Tuesday, June 27, 2023

VANCOUVER - Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ('Vicinity' or the 'Company'), a North American supplier of commercial electric vehicles, today announced that management will participate in the Benzinga All-Access Show taking place Tuesday, June 27th at 11:00 a.m. Eastern time.

John LaGourgue, VP of Corporate Development at Vicinity Motor Corp, is scheduled to host a fireside chat with Benzinga to discuss recent sales wins and provide a corporate update as follows:

Benzinga All-Access Show

Date: Tuesday, June 27th, 2023

Presentation Time: 11:00 a.m. Eastern time

Webcast: https://www.youtube.com/watchv=Osuuqx5BFo0

LaGourgue said: 'I look forward to my upcoming conversation with the hosts of the Benzinga All-Access Show, which provides an ideal setting to explore the continued momentum we see across the business today. I would encourage capital markets partners and investors to tune-in to the discussion, where we will shed light on recent milestone achievements and provide an outlook for the business.'

A live audio webcast and archive of the presentation will be available using the link above. For more information, please contact MZ Group at [e-mail].

About Vicinity Motor Corp.

Vicinity Motor Corp. (NASDAQ: VEV)(TSXV:VMC) ('VMC') is a North American supplier of electric vehicles for both public and commercial enterprise use. The Company leverages a dealer network and close relationships with world-class manufacturing partners to supply its flagship electric, CNG and clean-diesel Vicinity buses, as well as the VMC 1200 electric truck to the transit and industrial markets.

Contact:

John LaGourgue

Tel: [phone]

Email: [e-mail]

Cautionary Note Regarding Forward-Looking Statements

This press release includes certain 'forward-looking information' and 'forward-looking statements' (collectively 'forward-looking statements') within the meaning of applicable securities laws. All statements, other than statements of historical fact, included herein are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as 'expects', 'anticipates', 'believes', 'intends', 'estimates', 'potential', 'possible', and similar expressions, or statements that events, conditions, or results 'will', 'may', 'could', or 'should' occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.

Important factors that could cause actual results to differ materially from Vicinity's expectations include uncertainties relating to the economic conditions in the markets in which Vicinity operates, vehicle sales volume, anticipated future sales growth, the success of Vicinity's operational strategies, the timing of the completion of the vehicle assembly facility in the State of Washington, the effect of the COVID-19 pandemic, related government-imposed restrictions on operations, the success of Vicinity's strategic partnerships and other risk and uncertainties disclosed in Vicinity's reports and documents filed with applicable securities regulatory authorities from time to time. Vicinity's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. Vicinity assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law.

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