VANCOUVER, BC, Dec. 14, 2020 /PRNewswire/ -- GreenPower Motor
Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading
manufacturer and distributor of zero emissions electric powered
medium and heavy-duty vehicles, announced today the delivery of its
first EV Star Cargo Plus to the City of
Vancouver.
The City of Vancouver has a
Greenest City Action Plan and has adopted a Climate Emergency
Action Plan to reduce carbon pollution by 50% by 2030.
GreenPower's zero emissions EV Star Cargo Plus replaces a
traditional fossil fuel powered panel truck as part of the City's
broader strategy to electrify its fleet of vehicles. The EV
Star Cargo Plus is equipped with a 730 kilogram liftgate, rolling
door, a cube with an interior height of over two meters and payload
of over two metric tons.
Fraser Atkinson, CEO of
GreenPower commented, "This represents the first delivery of an EV
Star Cargo Plus leveraging GreenPower's uniquely designed EV Star
Platform, which has been independently tested for a range of over
240 kilometers on a single charge. The flexibility of our
platform, combined with the fact that GreenPower has over 100 EV
Stars currently on the road, leaves the Company in a very
advantageous position to scale and meet the rapidly evolving needs
of numerous markets." Atkinson concluded, "We are proud to be
helping the City of Vancouver in
achieving the goal of reducing its reliance on fossil fuels."
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, a cargo van 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.greenpowerbus.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. © 2020 GreenPower Motor Company Inc. All
rights reserved.
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SOURCE GreenPower Motor Company