HYDERABAD, India, May 23, 2022
/CNW/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV)
("GreenPower"), a leading manufacturer and distributor of
zero-emission, electric-powered, medium and heavy-duty vehicles,
announces that through its wholly owned subsidiary EA Green-Power
Pvt Ltd. has entered into a joint venture with the Jupiter Wagon
Group ("Jupiter") to bring select GreenPower all-electric vehicles
to the Indian market.
Jupiter is a premier manufacturer of railway wagons, passenger
coaches, wagon components and castings in India with customers such as the Ministry of
Defence, Ministry of Shipping, Tata Motors, VOLVO Eicher Motors,
Bharat Benz and Avia Motors. Jupiter owns manufacturing facilities
across India.
"GreenPower has joined forces with Jupiter Wagon Group to bring
GreenPower's EV Star CC to the Indian Market," stated
Brendan Riley, GreenPower President.
"We are excited to work with Jupiter to conform (homologate) a
right-hand-drive version of the vehicle that is already proven and
popular in North America. Both GreenPower and Jupiter believe
that this zero-emission, battery electric platform is exactly what
is needed for India to both
provide a clean air solution and a cost-effective way to move
people and goods. This collaboration leverages the proven EV
prowess of GreenPower and the manufacturing and distribution
strength of JWL."
GreenPower's EV Star Cab and Chassis Right Hand Drive (EV Star
CC RHD) is a purpose-built multi-utility zero-emissions vehicle
with a standard battery pack of 62.5 kWh providing a payload of
4,095 kilograms with a range of 150 kilometers or an optional
battery pack of 118 kWh providing a payload of 3,675 kilograms with
a range of 250 kilometers. GreenPower's EV Star Cab and Chassis
accommodates a wide variety of mid and last-mile delivery needs
while maintaining the benefits of being a zero-emission
vehicle.
Priyankar Balekai, Vice President, Global Trucks for Greenpower
stated, "We've recently opened our office in Hyderabad and are excited to be working with
Jupiter to demonstrate the EV Star CC RHD to the Indian market,
which is an untapped market for medium and heavy duty all-electric
vehicles."
Contacts
Brendan
Riley
President
(510) 910-3377
Priyankar Balekai
Vice President, Global Trucks
+91 845-100-1161
Mike Cole
Investor Relations
(949) 444-1341
Megan Kathman
Skyya PR for GreenPower
(651) 785-3212
megan@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 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 or are beyond GreenPower's control. 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. © 2022 GreenPower Motor Company Inc. All
rights reserved.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/greenpower-enters-into-joint-venture-with-jupiter-group-in-india-to-market-the-right-hand-drive-ev-star-cab-and-chassis-301553303.html
SOURCE GreenPower Motor Company