Vicinity Motor Corp. and ADASTEC to Deploy Automated Transit Buses at Michigan State University - Seite 3

About MSU Mobility:
MSU has transformed its 5,200-acre campus into a live, connected ecosystem to advance smart-vehicle technology and better understand the human element. With a range of urban, suburban, industrial, and rural zones featuring nearly 60 lane miles of roads, MSU's controlled infrastructure and active campus make it ideal to test emerging technologies for new mobility solutions.

Spartan Mobility Village is home to MSU's mobility labs, where roadways and parking lots can be closed for testing of new technologies. In the future, the campus, which includes a number of buildings and other structures, will be used to develop sensing technologies that can deal with radar clutter typically generated in suburban and urban environments.

To learn more about mobility at MSU and the university's ecosystem approach, visit mobility.msu.edu.

About ADASTEC Corp.
ADASTEC Corp. is a software company that enables full-sized and full-speed electric public transit buses to become SAE Level-4 automated. ADASTEC's software platform, named flowride.ai, and sensor stack can be integrated into bus OEMs and can be serially produced. The software enables transit buses to operate in mixed traffic on public roads while also meeting all public transportation requirements of modern and visionary cities worldwide. ADASTEC's HQ is located in Michigan, USA, the company's R&D office is in Istanbul, Turkey, as well as offices in Brabant, the Netherlands, and Stockholm, Sweden. For more information, please visit www.adastec.com.

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. For more information, please visit www.vicinitymotorcorp.com.

Vicinity Company Contact:
John LaGourgue
VP Corporate Development
604-288-8043
[e-mail]

Vicinity Investor Relations Contact:
Lucas Zimmerman
MZ Group - MZ North America
949-259-4987
[e-mail]
www.mzgroup.us

ADASTEC Media Contact:
Yasemin Us
Corporate Communication and Marketing Lead
[phone]
[e-mail]
www.adastec.com

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