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GreenPower Motor Company Inc. - $GP STOCK NEWS

Welcome to our dedicated page for GreenPower Motor Company news (Ticker: $GP), a resource for investors and traders seeking the latest updates and insights on GreenPower Motor Company stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect GreenPower Motor Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of GreenPower Motor Company's position in the market.

Rhea-AI Summary

GreenPower Motor Company (NASDAQ: GP) announced its participation in the Advanced Clean Transportation (ACT) Expo from May 20 to 23, 2024, at the Las Vegas Convention Center. GreenPower will showcase its all-electric Type D BEAST school bus, EV Star Cab & Chassis, and EV Star Cargo Plus at booth #1230. The company aims to highlight its zero-emission vehicles designed for various transportation needs, including school buses, cargo delivery, and commercial trucks. The event will also feature discussions on state and federal incentives for electric vehicle deployment. On May 9, 2024, GreenPower closed a $2.3 million public offering, with Maxim Group underwriting the offering and receiving a 7% fee plus expenses.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.87%
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none
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Rhea-AI Summary

GreenPower Motor Company Inc. will showcase its all-electric school bus and commercial vehicles at the NYC Fleet Show, offering zero-emission transportation solutions to businesses and school districts. The company's purpose-built vehicles are designed to reduce operating and maintenance costs while promoting sustainability. GreenPower's EV Star Utility Truck, EV Star Passenger Van, and Nano BEAST Access all-electric school bus are eligible for incentive programs in New York, supporting the state's electric transition initiatives. The company aims to meet the growing demand for clean and reliable transportation solutions in the market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.57%
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none
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Rhea-AI Summary

GreenPower Motor Company Inc. announced the closing of a US$2.3 million underwritten public offering consisting of 1,500,000 common shares and warrants to purchase 1,500,000 common shares. The offering price was US$1.55 per share with warrants at an exercise price of US$1.82 per share. Maxim Group acted as the sole book-running manager for the offering. The company intends to use the net proceeds for the production of electric vehicles and product development.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.3%
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Rhea-AI Summary

GreenPower Motor Company Inc. announced the pricing of a US$2.3 million underwritten public offering consisting of 1,500,000 common shares and warrants. The offering price is US$1.55 per share, with an exercise price of US$1.82 per share for the warrants. The net proceeds will be used for all-electric vehicle production, product development, and general corporate purposes. The offering is expected to close on May 9, 2024, pending customary closing conditions. The Offering is being made pursuant to an effective shelf registration statement and is available in the United States and foreign jurisdictions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-24.18%
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Rhea-AI Summary

GreenPower Motor Company Inc. (NASDAQ: GP) announces a public offering of common shares and warrants in the United States. The company intends to use the proceeds for vehicle production, product development, and general corporate purposes.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-24.18%
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Rhea-AI Summary

BullFrog AI Holdings, Inc. (NASDAQ:BFRG) and GreenPower Motor Company Inc. (NASDAQ:GP) will be featured on the RedChip Small Stocks, Big Money™ Show on Bloomberg TV. Vin Singh, CEO of BullFrog AI, will discuss the company's bfLEAP™ platform revolutionizing drug discovery. Fraser Atkinson, CEO of GreenPower, will highlight the company's success in the electric vehicle market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.75%
Tags
AI
Rhea-AI Summary
GreenPower Motor Company Inc. unveils its new all-electric, purpose-built EV Star Utility Truck designed for commercial fleets, offering a range of up to 150 miles and a payload capacity of 5,500 pounds. The customizable truck is equipped with optional power sources and tailored contractor body configurations, providing a convenient and sustainable solution for various vocational applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.94%
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none
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Rhea-AI Summary
GreenPower Motor Company Inc. appoints Paul Start as the Vice President Sales – School Bus Group, bringing over 35 years of school bus expertise to lead the team. His experience in the industry will help drive sales and create new opportunities for GreenPower's all-electric, zero-emission school buses suite of products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.84%
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management
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Rhea-AI Summary
RedChip Companies will air interviews with Spectaire Holdings Inc. (Nasdaq:SPEC) and GreenPower Motor Company Inc. (Nasdaq:GP) on the RedChip Small Stocks, Big Money™ show on Bloomberg TV. Spectaire, a disruptive player in emissions measurement and management, offers cost-effective solutions in the environmental technology sector. GreenPower, a leading manufacturer of zero-emission vehicles, shows promising sales growth and market positioning in the EV industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.73%
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none
Rhea-AI Summary
GreenPower Motor Company Inc. will exhibit at the 2024 National Association of Fleet Administrators Expo in San Antonio, showcasing their all-electric vehicles for various sectors. The expo is a significant event for fleet and mobility professionals to explore industry products and services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.78%
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none
GreenPower Motor Company Inc.

Nasdaq:GP

GP Rankings

GP Stock Data

35.50M
18.40M
26.38%
1.71%
0.55%
Motor Vehicle Body Manufacturing
Manufacturing
Link
United States of America
Vancouver

About GP

greenpower motor company inc. develops electric powered vehicles for commercial markets. in 2014, greenpower launched the ev350 transit bus, a zero-emission transit bus deploying electric drive and battery technologies with a lightweight chassis and low-floor body. greenpower’s bus is based on a flexible clean sheet design and utilizes a custom battery management system and a proprietary flex power system for the drive motors. greenpower integrates global suppliers for key components such as siemens for the two 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.