Las Vegas, Nevada, July 18, 2023 – 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 sectors, today announced an order for 15 GreenPower Type D all-electric, purpose-built BEAST school buses through GreenPower’s dealer RWC Group for the Clark County School District (CCSD) in Nevada.
“Clark County is an innovative and forward-thinking school district that leads the country in the transition to all-electric school buses,” said Michael Perez, GreenPower’s Vice President for School Bus, Contracts and Grants. “We are honored to have our purpose-built BEAST school buses as the foundation of Clark County’s transition and are proud to serve one of the nation’s largest school districts in their journey to adding all-electric buses into their fleet.”
CCSD is the fifth-largest school district in the country, and it operates the country’s largest owned-and-operated school bus fleet with 1,924 buses transporting 125,000 students daily. The order for the 15 GreenPower BEASTs comes a few months after the school district took delivery, and put into service, its first GreenPower Type D BEAST school bus.
The 15 GreenPower Type D BEAST all-electric school buses will be purchased using funding from the Environmental Protection Agency’s (EPA) Clean School Bus Program awarded to school districts meeting the criteria for the purchase of new electric buses and infrastructure. Under Round 1 of the EPA funding, the Type D GreenPower BEAST all-electric school bus is eligible for $375,000 in grant funding through the program for priority school districts. The total purchase price approved by the Clark County School District Board of Education for the dealer for the purchase of the 15 GreenPower BEAST buses is approaching $7.0 million.
GreenPower’s BEAST is a purpose-built, 40-foot Type D all-electric, zero-emission school bus with seating for up to 90 passengers. Designed from the ground up, the BEAST features an integrated chassis with an all-aluminum body, allowing for pass-through storage underneath the bus. The dual port charging is standard, with Level 2 rates up to 19.2 kW and DC Fast Charging rates up to 85 kW. Wireless charging is also available as an option.
Contacts
Brendan Riley
President
(510) 910-3377
Michael Perez
Vice President School Bus, Contracts and Grants
(909) 308-0960
Mark Nestlen
VP of Business Development and Strategy, GreenPower
mark.n@greenpowermotor.com
Allie Potter
Skyya PR for GreenPower
(218) 766-8856
allie@skyya.com
About GreenPower Motor Company
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 van 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.
