Business
New Jersey ZIP Reopens with $37.5 Million in New Funding
GreenPower Motor Company Inc. (NASDAQ: GP) ("GreenPower"), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced that its EV Star line of products are eligible for incentives under the reopened New Jersey Zero-Emission Incentive Program (NJ ZIP).
About this update from Greenpower Motor Company Inc.
[{"type":"text","content":"GreenPower's EV Star Line-up Eligible for more than $90,000 in Incentives","length":77,"tagName":"p","attribs":{}},{"type":"text","content":"HAINESPORT, N.J., Nov. 24, 2025 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) ("GreenPower"), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced that its EV Star line of products are eligible for incentives under the reopened New Jersey Zero-Emission Incentive Program (NJ ZIP).","length":470,"tagName":"p"},{"type":"image","alt":"GreenPower’s EV Star Passenger Van, EV Star ReeferX and EV Star Cab Chassis.","displaySize":"","headline":null,"caption":"GreenPower’s EV Star Passenger Van, EV Star ReeferX and EV Star Cab Chassis.","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":89,"url":"https://media.zenfs.com/en/prnewswire.com/eca1dee34eddac9683c24e7c6597835f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/TSfecqINVC889udxJZtfqg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE1NztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/eca1dee34eddac9683c24e7c6597835f","width":400,"height":89}},"href":"https://mma.prnewswire.com/media/2830148/GreenPower_Motor_Company.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"GreenPower has a full lineup of Class 4 commercial all-electric, purpose-built, zero-emission eligible vehicles including the EV Star Passenger Van, the EV Star Mobility Plus, the EV Star ReeferX, the EV Star Cab & Chassis, the EV Star Stakebed Truck and the EV Star Utility Truck, among other options. They are eligible for incentives ranging from $65,000 to more than $90,000 under NJ ZIP. The program reopened on November 24, 2025 with a total of $75 million in available incentives, split into two funding rounds of $37.5 million each.","length":543,"tagName":"p"},{"type":"text","content":"NJ ZIP vouchers are available for GreenPower's Class 4 EV Star models starting with the base vouchers of $65,000 per Class 4 zero-emission vehicle. With additional stackable applicant bonus criteria, GreenPower's models may be eligible for total vouchers worth more than $90,000 per vehicle.","length":299,"tagName":"p"},{"type":"text","conten...