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GreenPower's Battery-Electric Vehicles Eligible for Up to $375,000 in California HVIP Funds
LOS ANGELES, March 24, 2022 /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, March 24, 2022 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) (\"GreenPower\"), a leading manufacturer and distributor of zero-emission, electric-powered, medium and heavy-duty vehicles, today announced that its purpose-built buses and trucks are eligible for vouchers ranging from $60,000 to $375,000 per vehicle through the California Air Resources Board (CARB) Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP).\n\n \n \n \n \n \n \n\n \nThe program is scheduled to open at 10 a.m. PT on March 30, 2022, with $196,600,000 available in standard HVIP funds; $65,500,000 set aside for public transit; and $122,000,000 set aside for public schools in small and medium air districts. GreenPower's HVIP-eligible models include the company's electric school bus line including the BEAST (Type D) and NanoBeast (Type A); Class 8 transit bus line; and Class 4 EV Star product line, which consists of both cargo trucks and passenger vans. \nMichael Perez, Director of Contracts and Grants at GreenPower, commented, \"GreenPower's delivery history through HVIP is outstanding, and we look forward to leveraging this year's funding to put even more vehicles on the road.\" Perez continued, \"While lead times have proven to be a major obstacle for others in the program, GreenPower has distinguished itself from competitors by consistently delivering HVIP-funded vehicles in a timely fashion.\"\nRyne Shetterly, Vice President of Sales and Marketing at GreenPower, added, \"GreenPower has a successful history of securing funding and fulfilling orders through HVIP. Purchasers who partner with GreenPower to obtain HVIP vouchers seize a rare opportunity to acquire best-in-class battery-electric vehicles at dramatically discounted prices.\"\nContactsBrendan RileyPresident(510) 910-3377\nRyne ShetterlyVice President of Sales and Marketing(909) 954-7530\nMike ColeInvestor Relations(949) 444-1341\nMegan KathmanSkyya PR for GreenPower(651) [email protected] \nAbout 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 ...