GreenPower EV350 Exceeds Range Expectations
GreenPower EV350 Exceeds Range Expectations
All-Electric Transit Bus Uses Only 50% of its Battery Power to Complete 205-Mile Trip
Porterville, California – April 9, 2018 – GreenPower Motor Company Inc. (TSXV: GPV) (OTCQX: GPVRF) (“GreenPower”) announces that its EV350 40-Foot All-Electric Transit Bus has outperformed its original range expectations. The zero-emission vehicle recently traveled 205 miles with 50% SOC (state of charge) remaining battery power after the trip.
The GreenPower EV350 was recently purchased by Porterville Transit, and was driven under its own power from the San Joaquin Valley to Newport Beach to showcase the vehicle at the CALACT Spring 2018 Conference.
To get to Newport Beach, the driver had to travel over California’s Grapevine, notable for having far steeper hills than would be typical for a transit route. This means the bus not only outperformed its range expectations but did so along a more demanding route than its typical duty cycle.
“This is a monumental achievement, not only for GreenPower, but for the industry. We drove this bus 205 miles over steep and varied terrain to reach the conference. Even after that lengthy trip, half of the battery power remained,” said GreenPower’s President Brendan Riley. “GreenPower has raised the bar for the whole industry as this range allows our bus to meet 98% of transit properties daily route needs.”
GreenPower expects to deliver three more buses to Porterville by the end of May and the remaining five buses by the summer.
About GreenPower Motor Company Inc.
GreenPower designs, builds and distributes a full suite of high-floor and low-floor vehicles, including transit buses, school buses, shuttles, and a double decker. GreenPower employs a clean-sheet design to manufacture all-electric buses that are purpose built to be battery powered with zero emissions. GreenPower integrates global suppliers for key components, such as Siemens or TM4 for the drive motors, Knorr for the brakes, ZF for the axles and Parker for the dash and control systems. 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. For further information go to www.greenpowermotor.com
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 “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 or are beyond GreenPower’s control, such as the regulations and requirements in different jurisdictions. 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.
For further information contact:
GreenPower Motor Company
Brendan Riley, President
Elevator Communications, LLC
John Reed, Media Relations
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. © 2018 GreenPower Motor Company Inc. All rights reserved.