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GreenPower Reports Record Deliveries of More Than 120 All-Electric Vehicles in Q4
LOS ANGELES, April 10, 2023 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of
About this update from Greenpower Motor Company Inc.
[{"type":"text","content":"LOS ANGELES, April 10, 2023 /PRNewswire/ -- 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 that it delivered more than 120 vehicles during the fourth quarter that ended March 31, 2023, a substantial increase over previous quarters. The majority of the deliveries were EV Star Cab and Chassis, but also included EV Star Cargoes, EV Stars, EV 250 thirty-foot low floor transit buses, and a Type D BEAST all-electric school bus.\n\n \n \n \n \n \n \n\n \n\"GreenPower demonstrates strong growth with our third consecutive quarter of record deliveries with more than 120 vehicles delivered to customers across the country. This increase represents a six-fold increase from a year ago,\" said GreenPower CEO Fraser Atkinson. \"We look forward to continue building on the momentum with our current order book and strong demand across our entire product portfolio.\"\nDuring the quarter, GreenPower continued growing its dealer network for both school buses and commercial vehicles with announcements of K. Neal as a dealer for school buses in Maryland and Washington, D.C., and New England Truck Solutions for medium and heavy-duty commercial vehicles in Boston and Rhode Island. The dealer expansion in Boston and Rhode Island coincided with the announcement of GreenPower vehicles becoming eligible for the Commercial Clean Vehicle Credit of up to $40,000 under the Inflation Reduction Act.\nGreenPower also delivered the first of its new all-electric, purpose-built refrigerated box truck in the fourth quarter. This revolutionary offering is unique as the unit gets its power directly from the high-voltage battery and the design is believed to be 20% more efficient and 10% lighter than any comparable low-voltage unit currently sold in the U.S.\n\"GreenPower continues to set the pace as a leader in innovation, design, manufacturing and delivery of purpose-built, all-electric medium and heavy-duty vehicles,\" said GreenPower President Brendan Riley. \"As we increasingly book new orders and consistently deliver these all-electric vehicles at accelerated rates, GreenPower separates itself from the field as a market lead...