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Green Commuter to Deploy EV Stars with The Energy Coalition in California

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GreenPower Motor Company (NASDAQ: GP) announced the deployment of two EV Stars in Los Angeles County under a California Energy Commission Grant.

The project, in partnership with Green Commuter, aims to provide electric mobility services and charging infrastructure, benefiting 235 households with renewable electricity.

CEO Gustavo Occhiuzzo emphasized the versatility of the EV Star, while President Brendan Riley expressed confidence in the partnership's success.

Positive
  • Deployment of two EV Stars in Los Angeles County under a California Energy Commission Grant.
  • Collaboration with Green Commuter to enhance electric mobility services and charging infrastructure.
  • The project offers renewable electricity to 235 households and no-cost solar to 50 homes.
Negative
  • None.

Zero Emissions Shuttles to be used in Micro Transit and Vanpool Application

LOS ANGELES, Nov. 25, 2020 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of zero emissions electric powered medium and heavy duty vehicles, announced via Green Commuter, that two EV Stars will be deployed in Los Angeles County in the Basset and Avocado Heights neighborhoods under a California Energy Commission Grant.

The Energy Coalition is California-based, non-profit and the primary grantee on the project which will provide locally produced renewable electricity to 235 households through a community solar tariff structure. The project will also provide 50 homes with no-cost solar and residential battery storage, and develop an electric vehicle (EV) mobility service, EV charging infrastructure, and a community carbon management system.

Green Commuter is providing mobility services such as microtransit and vanpooling along with the charging infrastructure for the Basset Avocado Advanced Energy Community (BAAEC) project. Green Commuter is the nation's largest all electric vanpool company that also provides carsharing and fleet replacement solutions.

Gustavo Occhiuzzo, Chief Executive Officer of Green Commuter commented, "The fact that the EV Star is providing vehicles for two different applications on this California Energy Commission project really speaks to the versatility of the vehicle.  We look forward to further opportunities to assist the Coalition with their zero emission transportation needs." 

Brendan Riley, President of GreenPower Motor Company added, "We are absolutely thrilled to have Green Commuter as a partner, we can trust that the customers are in capable hands and the deployment of these vehicles will be a success."  Riley continued, "This reaffirms what we've conveyed to the market, the EV Star is the best choice for customers for reliability and durability to satisfy a wide variety of duty cycles."

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.

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 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. 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. © 2020 GreenPower Motor Company Inc. All rights reserved.

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SOURCE GreenPower Motor Company

FAQ

What is the latest news about GreenPower Motor Company (GP)?

GreenPower Motor Company announced the deployment of two EV Stars in Los Angeles County under a California Energy Commission Grant.

How will the EV Stars impact Los Angeles County?

The EV Stars will provide electric mobility services and charging infrastructure, benefiting 235 households with renewable electricity.

Who is partnering with GreenPower Motor Company in this project?

GreenCommuter is partnering with GreenPower to enhance electric mobility services and charging infrastructure.

What does the deployment of EV Stars signify for GreenPower (GP)?

The deployment signifies GreenPower's commitment to zero-emission transportation and validation of the EV Star's versatility.

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