LOS
ANGELES, Nov. 14, 2023 /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 orders for 35 Type D all-electric,
purpose-built school buses for the California market.
GreenPower received the orders from its exclusive California dealer Model 1 (formerly Creative
Bus Sales) for 25 of the Mega BEAST school buses for the
Montebello School District and 10
BEAST school buses for the Garden
Grove school district. Funding for the all-electric,
zero-emission school buses comes from both the California HVIP
program and the EPA Clean School Bus Program.
"GreenPower is pleased to see these school districts being able
to place orders through Model 1 for the BEAST school buses using
program funding that helps them prepare for future transportation
requirements. The Montebello order
of the Mega BEAST comes just a few weeks after our launch of the
new option showing an immediate demand for the product," said
Michael Perez, GreenPower's Vice
President of School Bus, Contracts and Grants. "We continue to work
closely with our dealer in California to help school districts plan for
the deployment of all-electric, zero-emission school buses that
meet their specific needs instead of NOx emitting diesel
buses."
In the past month, California
Governor Gavin Newsom signed
legislation requiring all new school buses in California be electric by 2035. With that
action, California joined
Connecticut, Maine, Maryland and New
York in mandating the switch to all-electric, zero-emission
school buses in fleets over the next four to 17 years. The new law
makes California the leader in
state funding for the transition to all-electric school buses with
the switch projected to cost roughly $5
billion.
"GreenPower's school buses are a great fit for school districts
implementing EVs in California.
The passenger capacity and variable battery range options available
deliver a path to meet school's operational needs. These GreenPower
EV school buses provide safe and healthy transportation for
students and save money over the long-run through reduced operation
and maintenance costs" said Jason
Hohalek, School Bus Sales Manager for Model 1. "With these
buses qualifying for California HVIP vouchers, air quality
management district grants, VW funding and the EPA Clean School Bus
Program, school districts are able to fund the transition to a
cleaner, safer ride."
At the end of September the California HVIP
program extended the date for submissions for the public
school bus set-aside funding of $370,000 for a Type D BEAST school bus without a
wheelchair lift and $395,000 with a
wheelchair lift, and $285,000 for a
Type A Nano BEAST without a wheelchair lift and $310,000 for a Type A Nano BEAST Access with a
wheelchair lift.
GreenPower's BEAST is a 40-foot Type D all-electric,
purpose-built, zero-emission school bus that can seat up to 90
passengers with standard features that include air ride suspension,
ABS disk brakes and largest pass-through storage available.
Featuring a modern monocoque chassis, the BEAST is the safest, most
durable and reliable all-electric school bus available today. Its
seamlessly integrated aluminum body and chassis design forms a
composite structure which is the GreenPower Truss(T) factor.
The Mega BEAST, introduced on October
31st, delivers a class-leading range of up to 300 miles on a
single charge via a 387 kWh battery pack. It provides for the
longest range and has the biggest battery pack in the school bus
market. The Mega BEAST is designed to provide the answer for longer
range routes and other desired uses by a school district. The
extended range created by the larger battery pack is an ideal
solution for many rural school districts with longer routes, school
districts with less chance for mid-day opportunity charging, school
districts that face extreme weather conditions and schools that
also use the all-electric bus for extra-curricular activities. The
larger battery of the Mega BEAST also has the ability to provide
for a more healthy and stable electric grid and community stability
in areas where it is deployed and V2G is used.
Contacts:
Michael Perez
Vice President of School Bus, Contracts and Grants
michael@greenpowermotor.com
Allie Potter, Skyya PR for
GreenPower
(218) 766-8856
allie@skyya.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 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. All amounts are in U.S. Dollars ©2023
GreenPower Motor Company Inc. All rights reserved.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/greenpower-announces-first-order-of-25-mega-beasts-to-montebello-school-district-and-10-beasts-for-garden-grove-in-california-301986955.html
SOURCE GreenPower Motor Company