Business
State of West Virginia Purchases $15 Million of GreenPower Purpose-Built, All-Electric School Buses
SOUTH CHARLESTON, W. Va., April 13, 2023 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and
About this update from Greenpower Motor Company Inc.
[{"type":"text","content":"SOUTH CHARLESTON, W. Va., April 13, 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 the company received an order for 41 GreenPower all-electric, purpose-built Type D BEAST and Type A Nano BEAST school buses totaling $15 million from the state of West Virginia. As part of the order, GreenPower received a $3 million deposit from the state per the agreement with the company to manufacture zero-emission, all-electric school buses in West Virginia.\n\n \n \n \n \n \n \n\n \n\"Since we first announced our intent to manufacture in West Virginia, we've made tremendous progress on our mission to be the leading manufacturer of purpose-built, all-electric school buses,\" said Brendan Riley, President and Director at GreenPower. \"Today marks another milestone on that journey through our partnership with the state of West Virginia. We have been able to reach this point because of the strong commitment to GreenPower and an all-of-the-above energy policy by Governor Jim Justice, his cabinet and the leadership of the state legislature. We look forward to continue providing a positive impact on West Virginia's economy with clean energy jobs.\"\nSince taking possession of the West Virginia manufacturing facility in August of 2022, GreenPower has been performing final assembly and inspection on EV Star Cab & Chassis in the plant as part of its supply agreement with Workhouse Group. Today's announcement marks GreenPower's shift in production at the South Charleston facility to all-electric school buses. Beginning in the next few weeks, GreenPower's East Coast manufacturing facility will first begin production of its Nano BEAST, the only purpose-built, all-electric, zero-emission Type A school bus on the market, to meet the demand of its customers. The company will then transition to the production of the Type D BEAST at the facility.\n\"The fact that our workers will be manufacturing the school buses being purchased by the state that their kids and grandkids will be riding to and from school on brings me great pride,\" Riley commented, adding that the ride will be \"the most safe and h...