City of Temecula Adds GreenPower's EV Star to Its Fleet for Senior and Special Program Mobility

Rhea-AI Summary

On October 4, 2021, GreenPower Motor Company (NASDAQ: GP) announced the delivery of an ADA-accessible EV Star to the City of Temecula for its Mary Phillips Senior Center. This purchase, funded by $160,000 from the VW Mitigation Trust, replaces an older gasoline bus with a zero-emission vehicle, promoting operational cost savings and emissions reduction. The EV Star features flexible charging options, enhancing its utility in various transit applications. This collaboration highlights GreenPower's commitment to sustainable transportation solutions.

Positive

• GreenPower delivered an ADA-accessible EV Star to Temecula, enhancing public transportation.
• The $160,000 VW Mitigation Trust funding supports operational cost reduction and emissions savings.
• The EV Star includes flexible charging options, increasing its utility for various routes.

Negative

• None.

City Leverages VW Mitigation Funding for Purchase of Zero Emissions Shuttle

TEMECULA, Calif., Oct. 4, 2021 /PRNewswire/ --  GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of zero-emission, electric-powered, medium and heavy-duty vehicles, together with the City of Temecula, announces the delivery of an ADA-accessible EV Star for use by the City of Temecula's Mary Phillips Senior Center.

Michael Perez, Director of Contracts and Grants at GreenPower, commented, "The City of Temecula has been eying our purpose-built EV Star for over a year now.  We are thrilled to not only deliver this unit to the City, but also highlight our ability to continue successfully leveraging available programs like the VW Mitigation Trust." Perez continued, "Additionally, I would like to thank the Temecula City Council including Council Member and TCSD President Zak Schwank, whose forward-thinking direction led to securing a grant that replaces the City's older gasoline bus with a zero emissions bus. We also thank the City Manager's Office including staff member Stacey Brown whose commitment to this project in a challenging pandemic environment was critical to its completion."

Temecula Council Member Zak Schwank stated, "A safe, reliable, emissions-free ride for our community is what we are after, and the EV Star provides just that. By leveraging VW mitigation funding in the amount of $160,000, we'll see an immediate positive impact on operational costs and emissions reduction, so it's a win for the entire community.  We are glad to have a GreenPower EV Star join the City's fleet." 

GreenPower has leveraged its flagship EV Star Platform with six distinct models serving the cargo, delivery and micro transit markets. The EV Star is the only bus in its class that comes with a standard J1772 level 2 and CCS DC fast combo charge system, allowing for optimal flexibility in route planning for any duty cycle.

Contacts
Brendan Riley
President, GreenPower
(510) 910-3377

Ryne Shetterly
Vice President of Sales and Marketing, GreenPower
(909) 954-7530

Mike Cole
Investor Relations, GreenPower
(949) 444-1341

Megan Kathman
Skyya PR for GreenPower
(651) 785-3212

Zak Schwank, Council Member
City of Temecula
951-506-5100

Betsy Lowrey, Assistant to the City Manager
City of Temecula
951-693-3959

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

Forward-Looking Statements
This 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 "upon", "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 or are beyond GreenPower's control. 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.  © 2021 GreenPower Motor Company Inc. All rights reserved.

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SOURCE GreenPower Motor Company

FAQ

What is the recent announcement by GreenPower Motor Company (GP) regarding Temecula?

GreenPower announced the delivery of an ADA-accessible EV Star to the City of Temecula, funded by $160,000 from the VW Mitigation Trust.

How much funding did Temecula receive for the GreenPower EV Star purchase?

Temecula received $160,000 in funding from the VW Mitigation Trust for the purchase of the GreenPower EV Star.

What are the benefits of the EV Star for the City of Temecula?

The EV Star will provide operational cost savings and emissions reductions by replacing an older gasoline bus.

What is unique about the EV Star's charging capabilities?

The EV Star comes with a standard J1772 level 2 and CCS DC fast combo charge system, allowing flexible charging options.