LOS
ANGELES, Dec. 19, 2024 /CNW/ -- 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 the company has received three orders
for 11 Type D all-electric, purpose-built, zero-emission BEAST
school buses for school districts in Arizona, California and Oregon.
"As school districts continue to make the change from NOx
emitting diesel school buses to a cleaner, healthier means of
transporting students, school district transportation departments
are pursuing the gold standard of the industry – the GreenPower
all-electric, purpose-built BEAST and Nano BEAST school buses,"
said Paul Start, GreenPower's Vice
President of Sales – School Bus Group. "With 2025 fast approaching,
the GreenPower school bus order pipeline and production schedule
are both at record levels with sales projections for next year set
to eclipse the 2024 calendar year."
The three orders announced today are:
- From GreenPower's exclusive California dealer Model 1 for seven BEASTs for
the Los Banos Unified School District in Los Banos, California.
- From GreenPower's exclusive Arizona dealer RWC Group for two BEASTs for
the Casa Grande Elementary School District in Casa Grande, Arizona.
- From GreenPower's exclusive Oregon dealer Peterson
Trucks for two BEASTs for the Hood
River County School District in Hood River, Oregon.
GreenPower's 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
Paul Start
Vice President of Sales – School Bus Group
paul.s@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, such as that
sales projections for next year are set to eclipse the 2024
calendar year, 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. ©2024 GreenPower Motor Company Inc. All
rights reserved.
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SOURCE GreenPower Motor Company