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GreenPower Motor Company Inc. designs, builds and distributes all-electric medium- and heavy-duty vehicles for cargo and delivery, shuttle, transit and school bus markets. Its product references include high-floor and low-floor transit buses, school buses, shuttles, cargo vans and cab-and-chassis platforms built around a purpose-built electric OEM design.
GreenPower news commonly covers operating and financial results, vehicle production strategy, customer-order activity, financing facilities, convertible preferred share transactions, Nasdaq listing compliance, auditor and board changes, annual meeting results and other governance matters tied to its public-company status.
GreenPower Motor Company (NASDAQ: GP) announced the deployment of the first purpose-built Type A all-electric, ADA-compliant school bus in the U.S., set to begin operation in Clay County, West Virginia on November 4, 2022. The Nano BEAST, equipped with advanced features like a class-leading range of 150 miles and dual-port charging, aims to enhance accessibility and safety for students. GreenPower's innovative design positions it as a leader in the electric vehicle sector, underlining its commitment to zero-emission transportation solutions.
GreenPower Motor Company (NASDAQ: GP) announced a conference call on November 15, 2022, at 6:30 a.m. PT to discuss its second-quarter financial results for the period ending September 30, 2022. The call aims to provide an update on business performance. Participants can join by calling the provided numbers, and a replay will be available shortly after. The company specializes in manufacturing electric vehicles for various sectors, highlighting its commitment to zero-emission transportation solutions.
GreenPower Motor Company (NASDAQ: GP) has launched the second round of its all-electric school bus pilot project in West Virginia. This phase involves deploying three Type D BEAST buses and a Type A Nano BEAST with ADA capabilities across four school districts: Grant, Monongalia, Ohio, and Clay. This pilot will address new terrains and colder climates, collecting data on performance, charging needs, and community acceptance. The initiative aims to demonstrate the transition from diesel to electric buses, enhancing health and safety in schools.
GreenPower Motor Company (NASDAQ: GP) has welcomed the EPA's announcement regarding nearly $1 billion in funding for zero-emission school buses. This is part of the $5 billion Clean School Bus Program established by the Bipartisan Infrastructure Law. The GreenPower BEAST bus can receive $375,000 in grants, while the Nano BEAST qualifies for $285,000. Additionally, each purchase will earn an extra $20,000 for charging infrastructure. This initiative aims to replace diesel buses, significantly reducing air pollutants affecting children's health.
GreenPower Motor Company (NASDAQ: GP) announced securing 85 additional vouchers under California's HVIP program for their EV Star line, including 75 cargo vans and box trucks. This quarter, 15 EV Stars have been delivered, with plans for 55 more deliveries. The California HVIP and New Jersey ZIP programs incentivize zero-emission vehicle adoption, addressing barriers like high costs. Notably, the New Jersey program recently received $45 million in funding, expanding to heavy-duty vehicles. GreenPower's EV Star platform boasts a 150-mile range and can support various delivery needs.
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GreenPower Motor Company (NASDAQ: GP) has launched a pilot project in West Virginia to demonstrate all-electric school buses in Cabell, Kanawha, and Mercer Counties. Beginning the week of September 5, 2022, three Type D BEAST school buses will be deployed, along with charging infrastructure, aiming to provide a real-world test of zero-emission school transportation. The project aims to collect data on various factors, such as range and maintenance savings, to help districts assess electric bus deployment. A fourth bus will be introduced in Clay County soon.
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GreenPower Motor Company (NASDAQ: GP) has delivered three BEAST Type D all-electric school buses to the West Virginia Department of Education and appointed an independent dealer for the state. This dealer, with over 100 years of experience, will exclusively handle sales, parts, and service for GreenPower's electric buses. The pilot project, starting September, aims to demonstrate the buses' effectiveness. The BEAST bus can seat up to 90 passengers, with a range of up to 150 miles. This initiative highlights GreenPower's commitment to zero-emission vehicles and economic development in West Virginia.
GreenPower Motor Company (NASDAQ: GP) has appointed Leonard Bus Sales as a dealer for its BEAST and Nano BEAST all-electric school buses in New York. Leonard will have exclusive rights statewide, except in eight counties around New York City. They plan to purchase two of each bus for demos. New York mandates that all new school bus purchases be 100% electric by 2027 and aims for a complete transition by 2035. This partnership positions GreenPower favorably as the state pushes for zero-emission transportation.