Welcome to our dedicated page for GreenPower Mtr Co news (Ticker: GP), a resource for investors and traders seeking the latest updates and insights on GreenPower Mtr Co stock.
GreenPower Motor Co Inc (GP) delivers all-electric commercial vehicles designed for transit agencies, schools, and fleet operators. This news hub provides official updates on financial performance, product innovations, and strategic developments directly from the company and trusted sources.
Track GP's progress in electrifying transportation through earnings announcements, regulatory filings, and partnership disclosures. Investors will find timely reports on production milestones, technology advancements in battery management systems, and expansions within North America's zero-emission vehicle market.
Key updates include quarterly financial results, new vehicle certifications, supply chain developments, and emissions credit transactions. Content is curated to help stakeholders assess GP's position in the evolving electric school bus and commercial EV sectors without speculative commentary.
Bookmark this page for streamlined access to GreenPower's latest press releases and market-moving announcements. Check back regularly for authoritative updates on the company's role in advancing sustainable heavy-duty transportation solutions.
GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) has delivered four all-electric, zero-emission school buses in Arizona, California, and West Virginia in early October, with plans to deliver six more Type D BEAST school buses in the near term. The company delivered the first of 37 BEAST buses ordered by West Virginia to Wyoming County School District. In the West, deliveries included one Nano BEAST to Joseph City School District in Arizona and two BEAST buses to Garden Grove Unified School District in California.
GreenPower currently has 126 live orders of school buses, representing over $45 million in business. The company's school buses are eligible for various funding programs, including California HVIP vouchers, ZESBI grants, and the federal Clean School Bus Program. For the quarter ended September 30, 2024, GreenPower delivered 11 BEAST school buses and 11 EV Star vehicles.
GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) has received a follow-on order for 10 EV Star Passenger Vans from Washington University in St. Louis for on-campus student transportation. This order follows the university's previous purchase of five EV Star Passenger Vans, which have been in use for over two years.
The EV Star Passenger Van is a zero-emission vehicle with a range of up to 150 miles and dual charging capabilities. It is built on the EV Star Cab & Chassis platform and offers versatile configuration and carrying capacity. The vans ordered by Washington University will be equipped with rear BraunAbility ADA lifts, Q'STRAINT wheelchair securement positions, and optional bike racks.
GreenPower designs and manufactures a range of all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, and cargo vans. The company is listed on both NASDAQ and the Toronto Stock Exchange.
GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) has received orders for six all-electric, zero-emission school buses from its Arizona dealer RWC Group. The orders, funded by the EPA Clean School Bus Program, are for three different school districts in Arizona. The orders include:
- Three Type D BEAST buses for Osborn School District #8 in Phoenix
- One Type D BEAST and one Type A Nano BEAST for Joseph City School District
- One Type D BEAST for Roosevelt School District No. 66 in Phoenix
The BEAST is a 40-foot Type D bus with seating for up to 90 passengers and a range of up to 150 miles. The Nano BEAST can seat up to 24 passengers with a range of up to 140 miles. Both models feature dual port charging and are designed specifically as all-electric vehicles.
RedChip Companies will air interviews with GreenPower Motor Company Inc. (Nasdaq:GP) and Enlivex Therapeutics on the RedChip Small Stocks, Big Money™ show on Bloomberg TV on August 31, 2024, at 7 p.m. ET. The show reaches an estimated 73 million homes across the U.S.
In his interview, GreenPower's CEO Fraser Atkinson provides a corporate update. GreenPower manufactures all-electric, zero-emission medium and heavy-duty vehicles for various markets. The company has delivered over 700 vehicles to date and maintains a significant order book. GreenPower's competitive positioning and market dynamics suggest potential for sustained growth in the EV industry.
GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) announced the delivery of five Type D BEAST all-electric school buses to two California school districts this week. Four buses will go to Cutler-Orosi Joint Unified School District and one to Terra Bella Union Elementary School District. The company plans to deliver up to four more BEASTs to California schools and two to Oregon schools in the coming weeks, with an additional 20 school buses expected in California over the next 90 to 120 days.
The BEAST is a 40-foot Type D all-electric, zero-emission school bus with seating for up to 90 students. It features a unified structure with an integrated aluminum body and is eligible for California HVIP vouchers and ZESBI program grants. GreenPower remains the only OEM to manufacture both Class 4 Type A and Type D all-electric, purpose-built school buses.
GreenPower Motor Company Inc. (Nasdaq: GP) reported its Q1 fiscal 2025 results and provided a sales pipeline update. The company saw a significant uptick in sales for its all-electric commercial vehicles, including 28 specialty vehicles for Canada and orders for EV Star Passenger Vans and Cargo Plus. The school bus pipeline has over 30 vehicles slated for delivery in California and Oregon within 90-120 days, complementing the 88 buses for the East Coast.
Q1 2025 highlights include revenues of $3.0 million, with a gross profit of $0.2 million. The company delivered various electric vehicles and introduced the EV Star REEFERX for refrigerated delivery. GreenPower ended the quarter with $13.9 million in working capital and $33.7 million in inventory. The company also raised $2.3 million through a unit offering.
RedChip Companies will air interviews with GreenPower Motor Company Inc. (Nasdaq:GP) and Calidi Biotherapeutics, Inc. on Bloomberg TV on August 3, 2024, at 7 p.m. ET. Fraser Atkinson, CEO of GreenPower, will provide a corporate update on the show. GreenPower is a leading manufacturer of all-electric, zero-emission medium and heavy-duty vehicles for various sectors including cargo, delivery, shuttle, transit, and school buses.
The company has delivered over 700 vehicles to date and maintains a significant order book. GreenPower's competitive positioning, sales growth, and market dynamics highlight its potential for sustained growth in the EV industry. The interview will be accessible online through a provided link.
GreenPower Motor Company (NASDAQ: GP) announced its participation in the School Transportation News (STN) Expo Reno from July 12 to 17, 2024, at the Peppermill Resort in Reno, Nevada. The company will showcase its all-electric, zero-emission school buses, including the Type A Nano BEAST and Type D BEAST models, which are designed for safety and efficiency. GreenPower executives will be available for one-on-one meetings and will participate in various summits and panels focused on the adoption and safety of electric school buses. The event aims to bring together industry professionals, school districts, and government officials to explore advancements in school transportation.
GreenPower Motor Company (Nasdaq: GP) reported fiscal 2024 revenue of $39.3 million, a slight decrease from $39.7 million in the prior year. Gross profit stood at $5.36 million with a cost of sales totaling $33.91 million.
The company expanded its manufacturing capabilities in California and West Virginia, delivering its first all-electric school buses from the new West Virginia facility. GreenPower sold 222 electric vehicles, including various models of the EV Star and school buses. The company also secured a $5 million term loan and entered new markets through an expanded dealer network.
Significant investments were made in the GP Truck Body division, developing new truck designs like the EV Star Utility Truck and EV Star REEFERX. GreenPower aims to grow school bus deliveries in the current fiscal year based on existing backlog and demand.
The company earned the “2023 Green Car Product of Excellence” for its EV Star Cab & Chassis and completed a nine-month school bus pilot program in West Virginia.
GreenPower Motor Company (NASDAQ: GP) announced the delivery of its first Type D BEAST all-electric school bus, manufactured at its South Charleston, West Virginia facility, to the Kanawha County School District on June 27, 2024.
This marks a significant milestone in GreenPower's expansion of all-electric school buses. The purchase was funded entirely by the district's bus replenishment funds.
VP of Production Wendell White confirmed that the successful delivery allows GreenPower to proceed with full production plans for both the BEAST and Nano BEAST models. The company has 37 Type D BEASTs in production, earmarked for delivery to various West Virginia school districts by year-end 2024.
The update underscores GreenPower's commitment to producing zero-emission school buses, leveraging its new South Charleston facility to meet increasing nationwide demand.
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