Porterville, California – December 4, 2017 – GreenPower Motor Company Inc. (TSXV: GPV) (OTCQX: GPVRF) (“GreenPower”) has received a purchase order and the initial deposit for its Synapse 72 all-electric school bus for the Los Angeles Unified School District (“L.A. Unified”).
L.A. Unified is the largest school district in California and second largest in the nation, enrolling more than 640,000 students from kindergarten through 12th grade at more than 900 schools, including 187 public charter schools. L.A. Unified Transportation operates a fleet of approximately 1,300 school buses and transports 41,000 students to and from school each day.
Through several grant awards from the South Coast Air Quality Management District, L.A. Unified has been able to replace more than 50% of its diesel engine school buses with 529 compressed natural gas, 100 ultra-low emission, 141 propane, and now, a zero-emission, electric school bus from GreenPower Motor Company.
“We are thrilled to have secured this purchase with L.A. Unified, the largest school bus operator within the state of California,” said GreenPower’s President Brendan Riley. “This order represents not just the first electric school bus for the district, but also the start of what we believe will facilitate further electrification of their fleet in the future. We are proud to be working with a leader like L.A. Unified and are incredibly supportive of the school district’s overall initiative to promote sustainability and reduce student exposure to harmful emissions.”
About GreenPower Motor Company Inc.
GreenPower Motor Company Inc. develops electric powered vehicles for commercial markets. GreenPower offers a range of electric powered buses deploying electric drive and battery technologies with a lightweight chassis and low floor or high floor body. GreenPower’s bus is based on a flexible clean sheet design and utilizes a custom battery management system and a proprietary Flex Power system for the drive motors. GreenPower integrates global suppliers for key components such as Siemens for the two 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 forwardlooking 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 forwardlooking statements whether as a result of new information, future events or otherwise.
For further information contact:
Fraser Atkinson, Chairman
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. © 2017 GreenPower Motor Company Inc. All rights reserved.