STOCK TITAN

GreenPower Motor Company Inc - GP STOCK NEWS

Welcome to our dedicated news page for GreenPower Motor Company (Ticker: GP), a resource for investors and traders seeking the latest updates and insights on GreenPower Motor Company.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect GreenPower Motor Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of GreenPower Motor Company's position in the market.

Rhea-AI Summary
GreenPower Motor Company Inc. announces Monarch Truck Center as a commercial dealer for GreenPower EV Star Cargo Plus trucks. Monarch orders four all-electric vehicles with impressive cargo capacity and range, enhancing their zero-emission transportation offerings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.47%
Tags
management
-
Rhea-AI Summary
GreenPower Motor Company Inc. secures a $5 million revolving loan agreement with Export Development Canada to accelerate production of all-electric vehicles for customer orders, expanding EDC's support beyond letter of credit guarantee. The Facility allows for multiple advances over two years, providing additional liquidity to fulfill orders without shareholder dilution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.12%
Tags
none
-
Rhea-AI Summary
GreenPower Motor Company Inc. reports record revenues of $34.2 million for the nine months ended December 31, 2023, showing a 40% increase over the previous fiscal year. The company delivered 196 vehicles, including all-electric school buses, EV Star products, and Type D BEAST school buses. GreenPower also launched the Mega BEAST with an impressive range of up to 300 miles on a single charge. The quarter saw significant growth in the school bus division, with orders from West Virginia, California, and New York markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.12%
Tags
earnings
Rhea-AI Summary
GreenPower Motor Company Inc. plans to host a conference call and webcast to discuss its operations and financial results for the periods ended December 31, 2023. The company is a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving various sectors. Shareholders and interested parties can join the call on Tuesday February 13, 2024, and a replay will be available shortly after the call. Contact information for further details is provided in the press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.98%
Tags
earnings
-
Rhea-AI Summary
GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) announced the delivery of 10 EV Star Cab and Chassis to a Canadian unit of a global retailer for fulfillment of orders in the greater Toronto market. The company also delivered various other electric vehicles, including school buses and transit buses, during the quarter ended December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.67%
Tags
none
-
Rhea-AI Summary
GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) announced the delivery of four all-electric, purpose-built Type A Nano BEAST school buses to West Virginia, marking the first all-electric, purpose-built school buses manufactured in the state. The company has also rolled out the first manufactured all-electric school buses from its South Charleston manufacturing facility, with a total of 41 all-electric GreenPower school buses purchased by the state of West Virginia for school districts across the Mountain State.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.64%
Tags
none
Rhea-AI Summary
GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) has completed manufacturing its first four all-electric, purpose-built school buses at its West Virginia facility. The company aims to meet the demand for zero-emission school buses on the East Coast, with plans to produce more buses in the future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.74%
Tags
none
-
Rhea-AI Summary
GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) held a panel discussion at the TSD conference, where school districts shared their experiences deploying the all-electric Nano BEAST school bus in West Virginia. The bus had a positive impact on students' behavior, leading to a calming and smooth ride. The pilot program data showed promising performance of the Nano BEAST in various terrains and conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.21%
Tags
none
-
Rhea-AI Summary
GreenPower Motor Company Inc. (Nasdaq: GP) (TSXV: GPV) announced its first orders for the Type A all-electric, purpose-built, zero-emission Nano BEAST school bus for the New York market through its dealer Leonard Bus Sales. The recent announcement of $100 million in funding for zero-emission school buses in New York presents a significant opportunity for early adopters to purchase GreenPower school buses with financial help from the state.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.65%
Tags
none
Rhea-AI Summary
GreenPower Motor Company Inc. (GP, GPV) appoints McCandless Truck Center as its commercial dealer in Denver and Las Vegas, expanding its reach in the medium and heavy-duty electric vehicle market. McCandless will sell and provide service for GreenPower's EV Star commercial products, offering fleet owners in the Rocky Mountains and Southwest a faster delivery time of 60 to 90 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.43%
Tags
none
GreenPower Motor Company Inc

Nasdaq:GP

GP Rankings

GP Stock Data

54.96M
18.40M
26.38%
1.72%
0.46%
Motor Vehicle Body Manufacturing
Manufacturing
Link
Canada
Vancouver

About GP

greenpower motor company inc. develops electric powered vehicles for commercial markets. in 2014, greenpower launched the ev350 transit bus, a zero-emission transit bus deploying electric drive and battery technologies with a lightweight chassis and low-floor body. greenpower’s bus is based on a flexible clean sheet design and utilizes a custom battery management system and a proprietary flex power system for the drive motors. greenpower integrates global suppliers for key components such as siemens for the two drive motors, knorr for the brakes, zf for the axles and parker for the dash and control systems. this oem platform allows greenpower to meet the specifications of various operators while providing standard parts for ease of maintenance and accessibility for warranty requirements. for further information, go to www.greenpowerbus.com.