- Vicinity Motor Corp (NASDAQ:VEV) has entered into a strategic U.S. distribution agreement with DATTCO Inc, a U.S. full-service passenger transportation company.
- Under the agreement, DATTCO will distribute Vicinity vehicles throughout New England.
- The distributorship is expected to support Vicinity’s U.S. distribution expansion of electric vehicle portfolio.
- Pursuant to the agreement, DATTCO has placed an order for Vicinity vehicles worth $2 million.
- Price Action: VEV shares closed higher by 1.82% at $3.22 on Wednesday.
Miami Earned $5.2M From Its Crypto Token MiamiCoin
Miami Mayor Francis Suarez hopes to “run the city without taxes” through the profit generated from the city’s native crypto token MiamiCoin (CRYPTO: MIA).
What Happened: In an announcement on February 3, Mayor Suarez said that the city of Miami had received a $5.25 million disbursement from CityCoins.
