GreenPower Delivers 5 EV Stars and sees Expansion of the EV Star Fleet Outside of California
2019年8月27日 - 10:00PM
GreenPower Motor Company Inc. (TSXV: GPV) (OTCQX: GPVRF)
(“GreenPower”) announced today that it has delivered five more EV
Star All-Electric Min-eBuses (“EV Stars”) to Creative Bus Sales
(“Creative”). As previously announced, GreenPower received an order
in 2018 for 100 buses from Creative, the Nation’s largest bus
dealer for sales, parts and service. Creative has commenced sales
and marketing efforts of the EV Star throughout its national sales
network of 18 locations and 100+-person sales team. Through its
brick and mortar locations, Creative has already deployed EV Stars
in Oregon, Washington, Arizona, and Texas.
“Over 50 percent of the electric cars and 75
percent of the electric buses in the United States were sold in
California. We see the rest of the US starting to request
quotes and information regarding battery electric buses. This
represents a huge opportunity for GreenPower,” said Brendan Riley,
President of GreenPower. “Other states are implementing programs
similar to California in order to encourage early adoption of
zero-emission vehicles and the timing couldn’t be better for
GreenPower and our flagship EV Star product.”
The 25’ EV Star is the only bus in its class
that comes with a standard J1772 level 2 and CCS DC level 3 fast
combo charge system, allowing for optimal flexibility in route
planning for any duty cycle. The EV Star can be configured to seat
up to 19 passengers, two wheel chairs with 12 seated passengers or
a 10 seat luxury layout. The EV Star is eligible for a base voucher
of $90,000 from the California HVIP program and an additional
enhancement voucher of $10,000 when the vehicle is operated in a
disadvantaged community.
About GreenPower Motor Company
Inc.GreenPower designs, builds and distributes a full
suite of high-floor and low-floor vehicles, including transit
buses, school buses, shuttles, a cargo van and a double decker.
GreenPower employs a clean-sheet design to manufacture all-electric
buses that are purpose built to be battery powered with zero
emissions. GreenPower integrates global suppliers for key
components, such as Siemens or TM4 for the drive motors, Knorr for
the brakes, ZF for the axles and Parker for the dash and control
systems. 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. For further information go to
www.greenpowerbus.com
Forward-Looking StatementsThis
document contains forward-looking statements relating to, among
other things, GreenPower’s business and operations and the
environment in which it operates, which are based on GreenPower’s
operations, estimates, forecasts and projections. Forward-looking
statements are not based on historical facts, but rather on current
expectations and projections about future events, and are therefore
subject to risks and uncertainties which could cause actual results
to differ materially from the future results expressed or implied
by the forward-looking statements. These statements generally can
be identified by the use of forward-looking words such as “may”,
“should”, “will”, “could”, “intend”, “estimate”, “plan”,
“anticipate”, “expect”, “believe” or “continue”, or the negative
thereof or similar variations. These statements are not guarantees
of future performance and involve risks and uncertainties that are
difficult to predict such as the manufacturing of product or are
beyond GreenPower’s control, such as the regulations and
requirements in different jurisdictions including final approvals
for this purchase of vehicles. A number of important factors
including those set forth in other public filings (filed under the
Company’s profile on www.sedar.com) could cause actual outcomes and
results to differ materially from those expressed in these
forward-looking statements. Consequently, readers should not place
any undue reliance on such forward-looking statements. In addition,
these forward-looking statements relate to the date on which they
are made. GreenPower disclaims any intention or obligation to
update or revise any forward-looking statements whether as a result
of new information, future events or otherwise.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release. All amounts in U.S.
dollars. © 2019 GreenPower Motor Company Inc. All rights
reserved.
For further information contact:
Brendan Riley
President
(510) 910-3377
Ryne Shetterly
Vice President of Sales and Marketing
(909) 954-7530
GreenPower Investor Relations
Chris Witty
(646) 438-9385
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