March 14 – 15 at the San Joaquin Valley Clean Transportation Center
Summit theme: Clean Air & a Healthy Economy
Porterville, California – March 13, 2018 – GreenPower Motor Company Inc. (TSXV: GPV) (OTCQX: GPVRF) (“GreenPower”), a leading manufacturer of all-electric transit and school buses, will be exhibiting and providing demonstrations of their new Synapse Shuttle bus at the San Joaquin Valley Clean Transportation Summit, March 14 – 15 in Fresno, CA.
GreenPower recently sold 10 of their EV350 buses and has started delivery to the City of Porterville, California which will replace all of the city’s existing CNG (compressed natural gas) powered transit buses. The City of Porterville is located in the San Joaquin Valley which has some of the worst air pollution in the United States. The benefits of deploying the EV350 all-electric buses include cleaner air and quieter operation.
The city’s route requirements range from 190 miles to 230 miles for each weekday. GreenPower configured these 40 foot buses with over 400 kWh of batteries (standard configuration was 320 kWh) to handle these requirements. The price of each bus fully configured is approximately $820,000; the City of Porterville received grant funding from the California Air Resources Board to cover the cost of the new all-electric buses.
Commenting on the new buses, John Lollis, City Manager of Porterville, noted: “The City of Porterville is thrilled to receive the first two of its ten new GreenPower all-electric buses, in the complete electrification of its Transit fleet. The buses are of exceptional quality and benefit to our community, not only allowing our Transit passengers a smoother and quieter ride in their commute, but also the untold local air quality benefits to our residents in the transition from CNG to electric.”
“Cleaner air is a critical concern in California’s Central Valley. We look forward to exhibiting and showing transit and private industry personnel our emissions-free Synapse Shuttle bus. Many cities, schools and businesses are implementing programs to improve the air quality and reduce noise pollution. Our buses serve this growing number of stakeholders with clean, reliable, quiet transit systems and shuttle services” said GreenPower’s President Brendan Riley.
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.
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 “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
(510) 910-3377
Elevator Communications, LLC
John Reed, Media Relations
(415) 846-4862
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 expressed in U.S. dollars. © 2018 GreenPower Motor Company Inc. All rights reserved.
