SOUTH CHARLESTON, W.Va.,- 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 the first four Type D all-electric, purpose-built, zero-emission BEAST school buses have been delivered to its West Virginia dealer for the Kanawha County School District under Round 2 funding of the Environmental Protection Agency’s (EPA) Clean School Bus Program (CSBP).

Round 2 of the CSBP, which was funded by the Infrastructure Investment and Jobs Act (IIJA), included an award of $18.565 million for seven West Virginia school districts to deploy 50 GreenPower all-electric, purpose-built, zero-emission school buses manufactured by American workers in South Charleston. The contract for the award from EPA was signed by GreenPower of West Virginia, the state’s dealer for GreenPower Motor Company, in December 2024.

“We are pleased to have manufactured these first four BEAST school buses for the Clean School Bus Program grant in West Virginia and delivered them within 90 days of the contract being signed with the EPA,” said GreenPower President Brendan Riley. “As stewards of public dollars that are being invested by the federal government in the transition to all-electric school buses, GreenPower and other American school bus manufacturers take our role serious to ensure timely delivery of safe, sustainable and sensible school buses manufactured in the U.S. to school districts who are depending on them to provide a safe, healthy means of transportation for 25 million kids per day.”

Delivery of the West Virginia-manufactured school buses under the EPA grant was paused for a few weeks as part of the freeze on spending implemented by the Trump Administration as the new EPA team evaluated program spending. “As a result of the cooperative work done by West Virginia Senator Shelley Moore Capito with EPA Administrator Lee Zeldin, our dealer was able to receive the Round 2 grant funding for the school buses and we were able to make these first deliveries almost immediately,” Riley continued. “Personally, I am pleased that GreenPower was able to work closely with the Senator to ensure the release of the grant funds, allowing us to build the school buses with an American workforce with appropriate oversight by the Trump Administration.”

Senator Capito, who serves as Chair of the Senate Environment and Public Works Committee, has discussed the need for administrative changes to the implementation of the balance of the CSBP with GreenPower and others in the school bus industry. Those changes include awarding of funds through a competitive system like the Round 2 West Virginia grant instead of a random luck-of-the-draw lottery system. “The Round 2 West Virginia grant represents the intent Congress had when it created the CSBP. It is a well thought out approach that involved multiple school districts and school boards, the school bus OEM, infrastructure providers, utilities, parents and others in the planning,” Riley continued. “When this type of approach is followed, and awards are based on merits and quantifiable results, the most effective use of taxpayer dollars is achieved.”

Over the next few weeks additional GreenPower all-electric, purpose-built, zero-emission school buses will be delivered under the Round 2 grant, proceeding toward full deployment of the 50 BEAST and Type A all-electric Nano BEAST school buses awarded to the schools. Grant County Public Schools, who are currently building out their charging infrastructure under the Round 2 grant with Highland Electric Fleets, will be the next district to receive their buses.

As the leading purpose-built American manufacturer of EV school buses, GreenPower is the only all-electric OEM that manufactures both a Class 4 Type A school bus and a Class 8 Type D school bus. The BEAST is a purpose-built 40-foot Type D all-electric, zero-emission school bus with seating for up to 90 students. Designed from the ground up as an EV, it is a fully integrated structure that features a strong and corrosion resistant aluminum body made from extruded aluminum, manufactured by Constellium, seamlessly mated to a high strength steel Truss (bus) chassis. The complete flat floor design allows for adjustable track seating with no wheel wells in the passenger compartment, and the high floor keeps students out of the impact zone. Combined port charging is standard with Level 2 rates up to 19.2 kW and DC Fast Charging rates up to 85 kW, allowing for full charging in less than three hours.

The School Transportation News award-winning Nano BEAST has a standard 118 kWh battery pack and a range of up to 140 miles. Configured for up to 24 passengers, it features a seamlessly integrated aluminum body made from extruded aluminum manufactured by Constellium. The Nano BEAST is built on the EV Star Cab & Chassis which is the same platform as the EV Star Passenger Van that passed the FTA Altoona Bus Testing program with one of the highest scores ever achieved. The dual port charging is standard, with Level 2 rates up to 19.2 kW and DC Fast Charging rates up to 60 kW.

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.

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VANCOUVER — GreenPower Motor Company Inc. (Nasdaq: GP) (TSXV: GPV) (“GreenPower” and the “Company”), 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 reported its third quarter fiscal year 2025 results and provided an update on its manufacturing operations.

“GreenPower’s improved third-quarter performance, with $7.2 million in revenue — an increase of 35% over the previous quarter — underscores the demand for our purpose-built, all-electric vehicles. Importantly this growth also resulted in an improvement in our gross profit,” said Fraser Atkinson, CEO of GreenPower. “As we continue scaling our manufacturing operations, GreenPower is well-positioned to drive long-term growth and capitalize on the industry’s rapid shift toward zero-emission fleet solutions. At the end of the quarter we had available funding of more than $5 million consisting of cash, availability on loan facilities and ability to issue letters of credit to finance production of our growing order book.”

GreenPower spent the quarter continuning to increase its output from the West Virginia manufacturing facility. “As a result of the work we did during the quarter, we are now set to deliver one BEAST per week from the South Charleston facility, with the BEAST production increasing to two per week by April plus Nano BEAST production,” said Brendan Riley, GreenPower President. “To support this growth, we’ve strengthened our leadership team with the addition of James Redd as our new West Virginia production manager. Working alongside Vice President of Production Wendell White, James has been instrumental in laying the groundwork for a second shift at the plant, positioning GreenPower to meet rising demand and scale efficiently.”

On the West Coast, GreenPower finalized plans to expand its California manufacturing footprint in one facility located in the Inland Empire. “Consolidating our operations from three separate locations and five different facilities spread out through California to one larger facility will allow for more cost savings and increased efficiency,” Riley stated.

Third Quarter 2025 Highlights:

• Generated revenues of $7.2 million for the three months ended December 31, 2024, an increase of 35% over the previous quarter. Gross profit improved to 14.6% of revenue up from 8.6% for the previous quarter.
• Delivered 13 BEAST Type D all-electric school buses, one Nano BEAST Type A school bus, one EV Star Cargo Plus and 13 EV Star Passenger Vans.
• At the end of the quarter GreenPower had working capital of $12.8 million, an increase of $2.7 million over the previous quarter, and inventory of $28.2 million, consisting of $10.8 million of finished goods, $13.1 million of work-in-process and $4.3 million of parts and components.
• Deferred revenue at the end of the quarter increased to $10.8 million.
• Completed an underwritten offering of 3,000,000 common shares raising gross proceeds of $3 million.

For additional information on the results of operations for the period ended December 31, 2024 review the interim financial statements and related reports posted on GreenPower’s website as well as on www.sedar.com or filed on EDGAR.

Shareholder Call Information
Date: Tuesday February 18, 2025
Time: 6:30 a.m. PST / 9:30 a.m. EST
Participant dial-in: (US) 1-844-739-3982 (Canada); 1-866-605-3852; (International) 1-412-317-5718. Ask to be joined into the GreenPower Motor Company Inc. conference call.
Webcast Link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=XkyzR1vx
Replay: (US) 1-877-344-7529; (Canada) 1-855-669-9658; (International) 1-412-317-0088
Replay access code: 5816828

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 van 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.

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President Donald Trump reached an agreement with Canada and Mexico to delay 25-percent import tariffs with each country that were set to go into effect Tuesday.

Trump signed the  executive order Saturday, and Canada responded with its own threat of a 25-percent tariff on $30 billion worth of U.S. goods, also set for Tuesday. The Ministries of Finance and Foreign Affairs said Canada also intended to impose a tariff on $125 billion in additional U.S. goods, which includes electric vehicles, trucks and buses.

The U.S. agreements with Canada and Mexico to postpone the tariffs by at least 30-day days hinged on more investment at both the northern and southern border to curb immigration and the flow of drugs, especially fentanyl.

A 10-percent tariff with China moved forward and went into effect Tuesday.

The American Bus Association (ABA), United Motorcoach Association (UMA), Motor Coach Canada (MCC), and Ontario Motor Coach Association (OMCA) said they are closely monitoring the trade disputes between the U.S. and Canada and warned of the impact to manufacturers, suppliers and consumers.

​ABA, UMA, MCC and OMCA issued a joint update Sunday that said the tariffs could significantly impact the motorcoach industry, which like the school bus industry relies on a global supply chain involving components from both countries. The associations added they are coordinating advocacy and lobbying efforts to mitigate the impact of the tariffs and are encouraging members to share their concerns.

Last month, S&P Global said the blanket tariffs would have a “massive impact” on nearly all automative manufacturers worldwide, with reciprocated tariffs by Canada and Mexico adding “another degree of complexity.” While commenting specifically on passenger vehicles, S&P Global noted that Canadian or Mexican-sourced propulsion systems and components in U.S. manufactured vehicles “would see a tariff as well.”

It added that the tariffs could add $6,250 to the cost of $25,000 vehicle.

School Transportation News reached out to multiple sources Monday to ask about the potential impact of tariffs  school bus production and sales. One source responded that it was premature to discuss the tariffs as they were being negotiated in real time. Another indicated that the tariffs are subject to continuing negotiations and could change, as “school bus manufacturing isn an American success story,” though concern remains especially about individual components.

Meanwhile, Micro Bird, the joint Type A venture between Blue Bird of Fort Valley, Georgia, and Girardin Minibus of Drummondville, Quebec, is the only school bus currently manufactured in Canada for sale in the U.S.

Electric school bus manufacturer GreenPower Motor Company has headquarters in Vancouver, British Columbia, but the company manufactures out of Porterville, California, and South Charleston, West Virginia. RIDE, the school bus arm of Chinese company BYD, manufactures its electric school buses in Lancaster, California.

An auction process begins this month for Lion Electric Company, which obtained bankruptcy protection in December.

Additionally, many school bus suppliers of technology solutions and equipment are based in Canada or have manufacturing there. Many school bus components are also imported from China.

​This is a developing story.

Related: NAFTA Replacement is Expected to Ease Tariff Concerns
Related: Updated: Lion Electric Suspends Manufacturing Operations at Joliet Plant
Related: Electric School Bus Manufacturing Included in Nearly $2B Federal Energy Grant

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In an era where the future of electric school buses has grown increasingly complicated, a pilot project for school districts across the state of New Mexico run by electric school bus manufacturer GreenPower Motor Company to determine the viability and reliability of fast charging in different environments and circumstances.

New Mexico and GreenPower signed a Memorandum of Understanding (MOU) that the state will seek an appropriation of $5 million to conduct the pilot program that would fund the purchase of all-electric, purpose-built school buses, installation of charging stations and other resources, and management costs.

The pilot would begin during the 2025-2026 school year and continue into the 2026-2027 school year. All school districts would be eligible to participate voluntarily, with a selection criterion to be determined by the state and GreenPower.

The MOU adds that the state will seek an additional $15 million for purchasing additional school buses to be evaluated during the pilot project, following the successful completion of two phases. It also notes that the state will work with GreenPower to expand the all-electric-commercial fleet operated by the Department of Transportation and General Services Department.

The MOU notes GreenPower’s commitment to American-made lithium iron phosphate batteries, which are used in the company’s Type D BEAST and Mega BEAST as well as Type A Nano BEAST.

Related: Man Arrested After Allegedly Stealing a School Bus in New Mexico
Related: WATCH: GreenPower Motor Company at ACT EXPO
Related: ACT Expo Heads Back to Anaheim, Agenda Released
Related: EPA Extends 2024 Clean School Bus Program Rebate Application Deadline

“New Mexico has an excellent workforce and is a great place for clean energy businesses. We look forward to this pilot project providing the schools an experience with Class 4, Type A and Type D, all-electric, purpose-built, zero-emission school buses. The pilot will determine how state and local governments in New Mexico, and the entire Southwest, can be best served as the market expands for clean commercial vehicles, vans and buses,” GreenPower President Brendan Riley stated.

The MOU was signed Monday in the office of Gov. Michelle Lujan Grisham by Riley and the Economic Development Department (EDD), which has reportedly been working with GreenPower to find a service center facility in New Mexico.

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SANTA FE, N.M. —The State of New Mexico and GreenPower Motor Company (NASDAQ: GP) entered into a Memorandum of Understanding (“MOU”) for an all-electric, purpose-built school bus pilot project to be conducted in New Mexico in school districts across the state. The MOU provides that the state will seek an appropriation of $5 million to conduct the pilot program.

The MOU was signed on Monday in the office of Gov. Michelle Lujan Grisham by GreenPower President Brendan Riley and the Economic Development Department (EDD), which has been working with the company to find a service center facility in New Mexico.

The MOU resolves the state support the program with a $5 million capital outlay appropriation for the purchase of all-electric, purpose-built, zero-emission school buses, installation of charging stations, other resources, and management costs of the pilot, which would begin during the 2025-2026 school year and continue into the 2026-2027 school year.

“The EDD team has been working with GreenPower to identify a location in New Mexico to create a presence for the company in the state and encourage other EV sector supply chain entities to be part of creating a western United States manufacturing Hub,” Economic Development Secretary-Designate Rob Black said. “This MOU and the coming pilot program will showcase the state’s leadership in this industry and how our innovative business climate can help bring these cutting-edge technologies to New Mexico.”

Among the goals of the pilot is to determine viability and reliability of fast charging in different environments and circumstances. The pilot would be available to all school districts on a voluntary basis, with a selection criterion determined by the parties. “New Mexico has an excellent workforce and is a great place for clean energy businesses. We look forward to this pilot project providing the schools an experience with Class 4, Type A and Type D, all-electric, purpose-built, zero-emission school buses. The pilot will determine how state and local governments in New Mexico, and the entire Southwest, can be best served as the market expands for clean commercial vehicles, vans, and buses,” Riley said.

After the successful completion of two phases of pilot project, the MOU resolves that the state will seek an additional $15 million for purchasing additional school buses evaluated during the pilot project. The MOU also pledges that the state will work with GreenPower to expand the all-electric, purpose-built, zero-emission commercial fleet at the Department of Transportation and the General Services Department.

Monday’s signing comes on the heels of last week’s announcement in Washington, DC of GreenPower signing an MOU with Impact Clean Power Technology S.A., a Poland based manufacturer of batteries that currently supplies more than 20% of the European transit market. The MOU outlined the companies’ commitment to American-made lithium iron phosphate (LFP) batteries in the deployment of GreenPower’s medium and heavy-duty vehicles, including its Type D BEAST and Type A Nano BEAST all-electric, purpose-built school buses.

GreenPower Motor Company Inc. (NASDAQ: GP) is 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. 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.

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LOS ANGELES, Calif. – 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 has received three orders for 11 Type D all-electric, purpose-built, zero-emission BEAST school buses for school districts in Arizona, California and Oregon.

“As school districts continue to make the change from NOx emitting diesel school buses to a cleaner, healthier means of transporting students, school district transportation departments are pursuing the gold standard of the industry the GreenPower all-electric, purpose-built BEAST and Nano BEAST school buses,” said Paul Start, GreenPower’s Vice President of Sales School Bus Group. “With 2025 fast approaching, the GreenPower school bus order pipeline and production schedule are both at record levels with sales projections for next year set to eclipse the 2024 calendar year.”

The three orders announced today are:
From GreenPower’s exclusive California dealer Model 1 for seven BEASTs for the Los Banos Unified School District in Los Banos, California.
From GreenPower’s exclusive Arizona dealer RWC Group for two BEASTs for the Casa Grande Elementary School District in Casa Grande, Arizona.
From GreenPower’s exclusive Oregon dealer Peterson Trucks for two BEASTs for the Hood River County School District in Hood River, Oregon.

GreenPower’s BEAST is a purpose-built 40-foot Type D all-electric, zero-emission school bus with seating for up to 90 students. Designed from the ground up as an EV, it is a fully integrated structure that features a strong and corrosion resistant aluminum body made from extruded aluminum, manufactured by Constellium, seamlessly mated to a high strength steel Truss (bus) chassis. The complete flat floor design allows for adjustable track seating with no wheel wells in the passenger compartment, and the high floor keeps students out of the impact zone. Combined port charging is standard with Level 2 rates up to 19.2 kW and DC Fast Charging rates up to 85 kW, allowing for full charging in less than three hours.

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.

The post GreenPower Announces Order of 11 BEAST All-Electric School Buses for Western U.S. Markets appeared first on School Transportation News.

HAINESPORT, N.J., – 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 appointment of Wolfington Body Company as its exclusive school bus dealer in New Jersey, Pennsylvania and Delaware and as a dealer for its Class 4 commercial line of EV trucks and vans in the same three states. As part of the appointment, Wolfington has purchased a Type A Nano BEAST Access school bus, a Type D BEAST school bus, an EV Star Passenger Van and an EV Star Stakebed Truck as demo units for the region. GreenPower delivered the EV Stars Passenger Van and EV Star Stakebed Truck to Wolfington on December 2, 2024.

During a press conference today at Wolfington’s Hainesport, New Jersey facility, Wolfington also announced it has received an order for seven GreenPower Type A Nano BEAST all-electric, purpose-built, zero-emission school buses for a local school district in New Jersey.

“Wolfington Body Company is a fifth-generation family-owned business that has been serving the transportation industry since 1876,” said GreenPower President Brendan Riley. “In addition to selling school buses and commercial vehicles, Wolfington is equipped with complete mechanical services and body shops to handle a vehicle’s entire lifecycle. Their parts department supplies thousands of parts with same-day delivery available in most areas. We are thrilled to welcome this superior dealer to the GreenPower network.”

“Wolfington history dates back to the horse and buggy days when the company built its first carriage, a buggy with such durability that it held up under the heavy use of doctors traveling their rounds,” said Richard Wolfington, Jr., Vice President of Wolfington Body Company. “Over the years Wolfington’s business has adopted to changing technology and the move to electric vehicles is a natural progression for our company. We are pleased to partner with a premiere purpose-built electric vehicle OEM like GreenPower to bring these school bus and commercial vehicle options to our customers in the three-state region.”

Joining Wolfington and GreenPower at the announcement were state Assemblywoman Andrea Katz and Hainesport Mayor Leila Gilmore, both of whom praised the new partnership and its benefits. “This type of news is exactly what I’m working toward in Trenton. Hainesport will benefit from this economically and each of us will breathe cleaner air,” Katz said. “School buses are an ideal use of EV technology and to know that the children at Burlington County Special Services School District will be among the first to benefit from this partnership is exceptional.”

“Me and my Green Team could not be happier to see Wolfington expanding right here in our community with EV technology that is healthier for school kids and beneficial to the environment and climate change,” Gilmore added. “This will bring more jobs and economic activity to Hainesport while at the same time helping reach our goals of sustainability.”

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.

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