SOUTH
CHARLESTON, W.V., Dec. 4, 2023
/CNW/ -- GreenPower Motor Company Inc. (Nasdaq: GP) (TSXV:
GPV) ("GreenPower"), a leading manufacturer and distributor of
purpose-built, all-electric, zero-emission medium and heavy-duty
vehicles serving the cargo and delivery market, shuttle and transit
space and school bus sector, today announced its first orders for
the Type A all-electric, purpose-built, zero-emission Nano BEAST
school bus for the New York market
through its dealer Leonard Bus Sales.
"Today marks the next phase of GreenPower's entry into the
New York school bus market," said
Michael Perez, GreenPower's Vice
President of School Bus, Contracts and Grants. "We have worked
closely with Leonard Bus Sales to be on the state contract, meet
the state specs and be listed by NYSERDA. School districts
throughout the Empire State are looking forward to deploying
GreenPower school buses when making the switch from NOx emitting
diesel buses to a cleaner, safer ride for their students."
Chatham Central School District, a quintessential rural
community in Upstate New York, has placed the first order for a
GreenPower Type A Nano BEAST. Another Nano BEAST purpose-built
school bus will serve as a demo vehicle that Leonard Bus Sales will
use to introduce schools throughout the state to GreenPower's
offerings of all-electric school buses.
"GreenPower's Nano BEAST, as well as the BEAST, are excellent
options for school districts in New
York that are making the switch from conventionally powered
buses to battery electric," said Jon
Leonard, President of Leonard Bus Sales. "The combination of
GreenPower's purpose-built school buses and the unparalleled
service and support provided by Leonard Bus Sales makes it very
easy for school districts to begin transitioning their fleets to
all-electric."
With the recent announcement that Governor Kathy Hochul opened the application process for
$100 million in funding for
zero-emission school buses, early adoptors will now have the
opportunity to purchase GreenPower school buses with financial help
from the state and the ability to start planning all-electric
deployments in advance of the 2027 state electric school bus
mandate.
New York accounts for about 10%
of the school bus fleet nationwide with approximately 50,000 school
buses transporting 2.3 million children. New York State's fiscal year 2022-2023 budget
established a nation-leading commitment for all new school buses
purchased to be zero-emission by 2027 and all school buses in
operation to be electric by 2035. The budget includes funding to
help districts transition to all-electric buses with an additional
$500 million through the Clean Water,
Clean Air, and Green Jobs Environmental Bond Act of 2022. The
application process will open on November
29. Leonard Bus Sales and GreenPower are available to help
school districts through the funding process.
Contacts:
Michael
Perez
Vice President of School Bus, Contracts and
Grants
michael@greenpowermotor.com
Allie Potter, Skyya PR for
GreenPower
(218) 766-8856
allie@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 vans 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.
About Leonard Bus Sales
Leonard Bus Sales, Inc.
(leonardbus.com) is owned and operated by the Leonard family, a
recognized leader in the distribution and support of quality,
environmentally friendly school buses. A third-generation
family-owned business, Leonard Bus Sales has been providing
cost-saving fleet management services and award-winning
customer support for more than fifty years. Leonard Bus Sales
is a leading distributor of IC BusTM brand buses in Upstate New
York, distributes Trans Tech Type-A school buses and
GreenPower buses throughout New
York. The company operates full-service facilities in
Bergen, Deposit, Middletown, Rome and Saratoga Springs.
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. 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. All amounts are in U.S. Dollars ©2023
GreenPower Motor Company Inc. All rights reserved.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/greenpower-announces-first-order-of-nano-beast-all-electric-school-buses-for-the-new-york-market-302003745.html
SOURCE GreenPower Motor Company