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Rhea-AI Summary
GreenPower Motor Company Inc. launches GP Truck Body, a new truck body entity, to provide a one-stop shop experience for buying and manufacturing electric vehicle truck bodies. The company aims to enhance customer satisfaction and streamline the fleet experience by offering a complete line of truck bodies tailored for electric vehicles.
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Rhea-AI Sentiment
End-of-Day
1.85%
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GreenPower Motor Company delivers the first all-electric school bus in Arizona to Phoenix Elementary School District. The purpose-built Type D BEAST bus aims to provide safe, sustainable, and zero-emission transportation for students.
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Rhea-AI Sentiment
End-of-Day
-3.14%
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GreenPower Motor Company Inc. will showcase its all-electric, zero-emission commercial vehicles at the National Truck Equipment Association's Work Truck Week. President Brendan Riley will provide insights on products and company updates during a press conference.
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End-of-Day
0.95%
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GreenPower Motor Company Inc. has been recognized as a top-performing company in the 2024 TSX Venture 50, ranking number two in the Clean Tech and Life Sciences sector. The company specializes in manufacturing and distributing all-electric medium and heavy-duty vehicles, emphasizing growth and diversification to enhance shareholder and customer value.
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Rhea-AI Sentiment
End-of-Day
-1.4%
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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.
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End-of-Day
-4.47%
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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.
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Rhea-AI Sentiment
End-of-Day
-9.12%
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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.
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Rhea-AI Sentiment
End-of-Day
-9.12%
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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.
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Rhea-AI Sentiment
End-of-Day
1.98%
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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.
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Rhea-AI Sentiment
End-of-Day
-1.67%
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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.
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Rhea-AI Sentiment
End-of-Day
0.64%
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GreenPower Motor Company Inc. Common Shares
Nasdaq:GP
GP Rankings
GP Stock Data
44.73M
18.40M
26.38%
1.71%
0.55%
Motor Vehicle Body Manufacturing
Manufacturing
United States of America
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.