QUEENS,
N.Y., May 13, 2024 /PRNewswire/ --
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, will participate in the NYC Fleet Show
(Equipment and Vehicle Show) put on by the NYC Department of
Citywide Administrative Services on May
16 at the Unisphere at Flushing Meadows Corona Park in
Queens, New York. GreenPower will
showcase a sampling of its all-electric, purpose-built commercial
vehicles and school buses including the EV Star Utility Truck, the
EV Star Passenger Van and the Nano BEAST Access all-electric school
bus.
"As New York continues to drive the electric transition through
its state-wide initiatives and funding programs, the NYC Fleet Show
offers a perfect opportunity for GreenPower to showcase our diverse
fleet of zero-emission vehicles," said Brendan Riley, President of GreenPower. "We look
forward to meeting with schools and fleet operators to present our
safe, sensible and sustainable solutions and discuss the range of
benefits."
GreenPower's purpose-built vehicles provide a cleaner and safer
transportation option to businesses and school districts looking to
deploy all-electric commercial vehicles including trucks, cargo
vans and school buses. GreenPower's innovative technologies can
help fleets drive down operating costs, minimize maintenance costs
while delivering outstanding reliability and efficiency and address
climate change.
The EV Star Cargo Plus, EV Star
Cargo, and EV Star Cab & Chassis, are eligible for the
New York Truck Voucher Incentive Program (NYTVIP) which provides
voucher funding for New
York-operated fleets that scrap an old diesel vehicle
(engine model year 1992 – 2009) and replace it with an all-electric
vehicle. GreenPower's school buses are a safe and reliable option
to meet New York's mandate to
zero-emission electric school buses (or ESB) fleet by 2035. The
Environmental Bond Act provides both public school districts and
contracted fleet operators more than $500
million in funding toward school bus electrification.
Additionally, the New York School Bus Incentive Program (NYSBIP)
offers to cover 60% of the incremental cost of GreenPower's Type D
BEAST, Type A Nano BEAST and Nano BEAST Access.
EV Star Utility Truck
The EV Star Utility Truck is
GreenPower's newest addition to its commercial vehicle family as
the 10th upfit solution. With a range of up to 150 miles and a
typical payload capacity of 5,500 pounds that can increase up to
6,000 pounds, the EV Star Utility Truck is built for day-to-day
demands and workloads. The vehicle is equipped with optional power
sources, providing accessible power through built-in plugs to
accommodate tool charging conveniently on a job site. The front box
of the vehicle has an optional full pass-through capacity, allowing
for oversized tools and supplies. The EV Star Utility Truck offers
tailored contractor body configurations, coming in a standard bed
size of 16 feet. with the option to customize the length to meet
the customer's needs, allowing for more room and applications.
EV Star Passenger Van
The EV Star Passenger Van is a
multi-purpose, zero-emission vehicle with a range of up to 150
miles and offers dual charging capabilities as a standard feature.
It is purpose-built to be an all-electric vehicle and has the most
versatile seating configurations and carrying capacity in its class
to meet an operator's needs. The vehicle comes with an electric bus
door for easy accessibility and offers options for BraunAbility ADA
lifts and Q'STRAINT wheelchair securement positions.
Nano BEAST Access School Bus
The Nano BEAST is a Type
A all-electric, purpose-built, zero-emission school bus with
seating for up to 24 students. The Nano BEAST Access option has
seating for up to 18 ambulatory passengers and up to 3+ Q'STRAINT
wheelchair securements, complemented with a BraunAbility rear
curbside lift.
Contacts:
Mark
Nestlen
Vice President of Business Development & Strategy
mark.n@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 ©2024
GreenPower Motor Company Inc. All rights reserved.
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SOURCE GreenPower Motor Company