GreenPower Announces Delivery of Three BEAST School Buses to Its Dealer for Grant County under EPA Clean School Bus Program

Rhea-AI Summary

GreenPower Motor Company (NASDAQ: GP) has delivered three Type D all-electric BEAST school buses to its West Virginia dealer for the Grant County School District under the EPA's Clean School Bus Program Round 2 funding. This delivery comes after a brief pause due to a spending freeze by the Trump Administration. GreenPower has now delivered a total of 22 electric school buses in West Virginia, including 16 BEASTS and six Nano BEASTs, representing about half of the orders from districts with installed charging infrastructure. The BEAST is a 40-foot Type D electric bus that can seat up to 90 students, featuring a corrosion-resistant aluminum body, flat floor design, and fast charging capabilities of up to 85 kW, enabling full charging in under three hours.

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

Insights

EV Bus Manufacturing Analyst

GreenPower delivers 3 electric school buses, maintaining business momentum despite policy shifts, with half of West Virginia orders fulfilled.

GreenPower's delivery of three BEAST electric school buses to Grant County represents the company's second West Virginia deployment under the EPA's Clean School Bus Program since contract signing four months ago. This execution comes despite a temporary freeze in program spending implemented by the Trump Administration.

The company has now delivered 22 electric school buses in West Virginia (16 BEAST and 6 Nano BEAST models), representing approximately half of the orders from districts that have already installed charging infrastructure. This is significant because the presence of charging infrastructure indicates these customers are committed and prepared for deployment.

From a product differentiation standpoint, GreenPower positions itself as the only manufacturer offering both Class 4 Type A and Class 8 Type D electric school buses. The BEAST model features purpose-built EV architecture rather than conversion from diesel platforms, with technical advantages including an aluminum/steel integrated structure, flat floor design, and fast-charging capabilities (full charge in under three hours).

This announcement indicates GreenPower is successfully navigating the government contracting process despite policy uncertainties. The resumption of deliveries after the spending freeze demonstrates program resilience. With the next delivery to Calhoun County already in the pipeline, the company appears to be maintaining momentum in converting its order backlog into deliveries.

Public Policy & Government Contracts Specialist

EPA's Clean School Bus Program survived Trump Administration's spending freeze, signaling policy resilience despite administrative transition.

The delivery announcement reveals important dynamics in federal clean transportation policy. Despite a temporary spending freeze implemented by the Trump Administration, GreenPower has resumed fulfilling contracts under the EPA's Clean School Bus Program, with Grant County representing the second delivery since the freeze was lifted.

This development carries several key policy implications. First, it demonstrates that the program has survived initial scrutiny by the new administration after what the company describes as "a few weeks" pause for program evaluation. The resumption suggests the Clean School Bus Program maintained sufficient political support to continue operations.

Second, the timing details are revealing - the contract with EPA was signed just four months ago with funding becoming available in mid-March. Despite the administrative transition and freeze, GreenPower has already executed two deliveries, suggesting efficient program administration.

Third, the fact that approximately half of West Virginia's ordered buses have charging infrastructure already installed indicates substantial local investment and commitment to electrification beyond just the vehicle purchases.

While the press release doesn't specify the financial terms, the continued execution against this federal contract provides GreenPower with revenue stability backed by government funding. The mention of "current uncertainties of public policy, tariffs and funding" acknowledges the challenging political environment while demonstrating the company's ability to execute despite these headwinds.

West Virginia Deployments Now Total 22 GreenPower School Buses

SOUTH CHARLESTON, W.Va., May 5, 2025 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced that three Type D all-electric, purpose-built, zero-emission BEAST school buses have been delivered to its West Virginia dealer for the Grant County School District under Round 2 funding of the Environmental Protection Agency's (EPA) Clean School Bus Program (CSBP).

"GreenPower continues to manufacture and deliver its all-electric, purpose-built school bus products to its dealer in West Virginia and dealers across the nation for school districts in a timely manner despite the current uncertainties of public policy, tariffs and funding," said Brendan Riley, President of GreenPower. "This week's delivery to our West Virginia dealer is for the second school district in West Virginia under the Clean School Bus Program since the contract with EPA was signed just four months ago and the federal funding became available in mid-March."

Delivery of the West Virginia-manufactured school buses under the EPA grant was paused for a few weeks as part of the freeze on spending implemented by the Trump Administration as the new EPA team evaluated program spending. After the freeze was lifted, GreenPower's first delivery to its dealer in West Virginia under the CSBP was for Kanawha County and today's announcement represents the second set of buses under the award to Grant County. Calhoun County's school buses funded under the CSBP will be the next delivery for GreenPower to its dealer.

To date, GreenPower has delivered 22 of its all-electric, purpose-built, zero-emission school buses in West Virginia for deployment in school districts across the Mountain State, including 16 BEASTS and six Nano BEASTs. The deployments represent approximately one-half of the orders placed for West Virginia school districts that have installed charging infrastructure and are prepared to accept the buses.

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 Vancouver, Canada with primary operational facilities in southern California. Listed on the Toronto exchange since November 2015, GreenPower completed its U.S. IPO and NASDAQ listing in August 2020. For further information go to www.greenpowermotor.com.

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 U.S. dollars. ©2025 GreenPower Motor Company Inc. All rights reserved.

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SOURCE GreenPower Motor Company

FAQ

How many GreenPower BEAST school buses were delivered to Grant County, West Virginia?

GreenPower delivered three Type D all-electric BEAST school buses to its West Virginia dealer for the Grant County School District under the EPA's Clean School Bus Program.

What is the total number of GreenPower electric buses deployed in West Virginia as of May 2025?

GreenPower has delivered 22 electric buses in West Virginia, consisting of 16 BEAST and six Nano BEAST models.

What are the charging capabilities of GreenPower's BEAST school bus?

The BEAST features combined port charging 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.

What is the seating capacity of GreenPower's BEAST electric school bus?

The BEAST is a 40-foot Type D electric school bus that can accommodate up to 90 students.

Why were GreenPower's deliveries in West Virginia paused?

Deliveries were temporarily paused due to a spending freeze implemented by the Trump Administration while the new EPA team evaluated program spending.