GreenPower Announces Delivery of Three BEAST School Buses to Its Dealer for Grant County under EPA Clean School Bus Program
Rhea-AI Summary
Positive
- Successfully delivered 22 electric school buses in West Virginia, demonstrating strong market penetration
- Continued timely deliveries despite policy uncertainties and tariff challenges
- Only OEM manufacturing both Class 4 Type A and Class 8 Type D electric school buses in America
- Secured multiple orders under EPA's Clean School Bus Program
Negative
- Experienced delivery delays due to government spending freeze
- Only delivered about half of the total West Virginia orders so far
News Market Reaction 1 Alert
On the day this news was published, GP declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
West Virginia Deployments Now Total 22 GreenPower School Buses
"GreenPower continues to manufacture and deliver its all-electric, purpose-built school bus products to its dealer in
Delivery of the
To date, GreenPower has delivered 22 of its all-electric, purpose-built, zero-emission school buses in
As the leading purpose-built American manufacturer of EV school buses, GreenPower is the only all-electric OEM that manufactures both a Class 4 Type A school bus and a Class 8 Type D school bus. The BEAST is a purpose-built 40-foot Type D all-electric, zero-emission school bus with seating for up to 90 students. Designed from the ground up as an EV, it is a fully integrated structure that features a strong and corrosion resistant aluminum body made from extruded aluminum, manufactured by Constellium, seamlessly mated to a high strength steel Truss (bus) chassis. The complete flat floor design allows for adjustable track seating with no wheel wells in the passenger compartment, and the high floor keeps students out of the impact zone. Combined port charging is standard with Level 2 rates up to 19.2 kW and DC Fast Charging rates up to 85 kW, allowing for full charging in less than three hours.
Contacts:
Brendan Riley
President
brendan@greenpowermotor.com
About GreenPower Motor Company, Inc.
GreenPower designs, builds and distributes a full suite of high-floor and low-floor all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo vans and a cab and chassis. GreenPower employs a clean-sheet design to manufacture all-electric vehicles that are purpose-built to be battery powered with zero emissions while integrating global suppliers for key components. 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. GreenPower was founded in
Forward-Looking Statements
This document contains forward-looking statements relating to, among other things, GreenPower's business and operations and the environment in which it operates, which are based on GreenPower's operations, estimates, forecasts and projections. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. These statements generally can be identified by the use of forward-looking words such as "upon", "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict. A number of important factors including those set forth in other public filings (filed under the Company's profile on www.sedar.com) could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place any undue reliance on such forward-looking statements. In addition, these forward-looking statements relate to the date on which they are made. GreenPower disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. All amounts in
View original content to download multimedia:https://www.prnewswire.com/news-releases/greenpower-announces-delivery-of-three-beast-school-buses-to-its-dealer-for-grant-county-under-epa-clean-school-bus-program-302445365.html
SOURCE GreenPower Motor Company