Auto Parts

GreenPower Secures One other 85 Vouchers from California Incentive Program and Delivers 15 EV Stars with Present Vouchers

LOS ANGELES, Sept. 19, 2022 /PRNewswire/ —  GreenPower Motor Firm Inc. (NASDAQ: GP) (TSXV: GPV) (“GreenPower”), a number one producer and distributor of zero-emission, electric-powered, medium and heavy-duty autos, introduced that it has secured one other 85 vouchers below the California HVIP program for 75 EV Star 22′ Cargo vans, eight EV Star Field Vehicles and two EV Star 25′ Cargo vans.  GreenPower has additionally delivered 15 EV Stars to clients with vouchers below the New Jersey ZIP and California HVIP incentive applications this quarter with deliveries being scheduled for 55 EV Stars with current vouchers.  These gross sales are along with Workhorse and college bus gross sales

GreenPower Secures One other 85 Vouchers from California Incentive Program and Delivers 15 EV Stars with Present Vouchers

The 85 vouchers with the California HVIP program will profit small fleet operators that always face a number of boundaries to zero-emission truck adoption, together with excessive upfront prices. What’s extra, GreenPower’s revolutionary applied sciences and vary of merchandise will assist fleet operators drive down gas prices and reduce upkeep prices whereas offering excellent reliability and effectivity. 

GreenPower just lately secured further vouchers from the New Jersey ZIP program.  In July, New Jersey Financial Growth Authority introduced further funding of $45 million in addition to increasing eligibility to incorporate heavy-duty car lessons, and increasing statewide, past the 4 pilot communities within the first section.

“GreenPower’s EV Star 22-foot cargo van has shortly grow to be our highest demand car.  Incentive applications provided by California the place we’ve the second highest redemptions and New Jersey the place we’ve the best authorised vouchers are making a distinction with the adoption of all-electric autos,” mentioned Michael Perez, vp of college bus, contracts and grants at GreenPower. “With the present vouchers we’ve a gentle stream of deliveries of EV Stars to clients over the subsequent couple of months. GreenPower stays dedicated to offering a greater, cleaner and safer transportation future and has the information and experience in efficiently working with incentive applications.”

GreenPower’s EV Star platform is a purpose-built, multi-utility, zero-emissions car with a battery pack of 118 kWh offering a payload of as much as 7,000 kilos and a spread of 150 miles.  The EV Star platform is used for a spread of GreenPower passenger and cargo autos for mid and last-mile supply wants and might cost as much as 20 kW on a typical J1772 protocol or DC quick cost.

California’s HVIP program stays open, whereas the New Jersey ZIP program is presently on a waitlist, with new funding anticipated to grow to be out there in January 2023. events ought to contact [email protected] for extra data on GreenPower’s all-electric EV Star or navigating the voucher software course of.

Contacts

Brendan Riley President
(510) 910-3377

Michael Perez
Director of Contracts and Grants
(909) 308-0960

Mike Cole
Investor Relations
(949) 444-1341

Allie Potter
Skyya PR for GreenPower
(218) 766-8856
[email protected] 

About GreenPower Motor Firm Inc.

GreenPower designs, builds and distributes a full suite of high-floor and low-floor all-electric medium and heavy-duty autos, together with transit buses, college buses, shuttles, cargo van, and a cab and chassis. GreenPower employs a clean-sheet design to fabricate all-electric autos which are objective constructed to be battery powered with zero emissions whereas integrating world suppliers for key elements. This OEM platform permits GreenPower to satisfy the specs of assorted operators whereas offering commonplace elements for ease of upkeep and accessibility for guarantee necessities. GreenPower was based in Vancouver, Canada with major operational services in southern California. Listed on the Toronto alternate since November 2015, GreenPower accomplished its U.S. IPO and NASDAQ itemizing in August 2020. For additional data go to www.greenpowermotor.com

Ahead-Wanting Statements

This doc accommodates forward-looking statements referring to, amongst different issues, GreenPower’s enterprise and operations and the setting during which it operates, that are based mostly on GreenPower’s operations, estimates, forecasts, and projections. Ahead-looking statements aren’t based mostly on historic info, however somewhat on present expectations and projections about future occasions, and are subsequently topic to dangers and uncertainties which might trigger precise outcomes to vary materially from the long run outcomes expressed or implied by the forward-looking statements. These statements usually may be recognized by way of forward-looking phrases akin to “upon”, “might”, “ought to”, “will”, “might”, “intend”, “estimate”, “plan”, “anticipate”, “count on”, “consider” or “proceed”, or the unfavourable thereof or comparable variations. These statements aren’t ensures of future efficiency and contain dangers and uncertainties which are troublesome to foretell or are past GreenPower’s management. Plenty of vital components, together with these set forth in different public filings (filed below the Firm’s profile on www.sedar.com), might trigger precise outcomes and outcomes to vary materially from these expressed in these forward-looking statements. Consequently, readers mustn’t place any undue reliance on such forward-looking statements. As well as, these forward-looking statements relate to the date on which they’re made. GreenPower disclaims any intention or obligation to replace or revise any forward-looking statements whether or not because of new data, future occasions or in any other case.

Neither the TSX Enterprise Change nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts duty for the adequacy or accuracy of this launch. All quantities are in U.S. {dollars} © 2022 GreenPower Motor Firm Inc. All rights reserved.

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SOURCE GreenPower Motor Firm

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