GreenPower Announces First Deliveries to West Virginia under EPA Clean School Bus Program Grant
GreenPower Motor Company (NASDAQ: GP) has delivered its first four Type D all-electric BEAST school buses to West Virginia under Round 2 of the EPA's Clean School Bus Program. The delivery is part of an $18.565 million award for seven West Virginia school districts to deploy 50 zero-emission school buses manufactured in South Charleston.
The delivery was briefly paused due to a spending freeze by the Trump Administration but resumed after cooperation between Senator Shelley Moore Capito and EPA Administrator Lee Zeldin. The BEAST, a 40-foot Type D bus, can seat up to 90 students and features fast charging capabilities allowing full charge in under three hours.
The company will continue deliveries to complete the 50-bus deployment, including both BEAST and Type A Nano BEAST models. Grant County Public Schools, working with Highland Electric Fleets on charging infrastructure, will be the next district to receive their buses.
GreenPower Motor Company (NASDAQ: GP) ha consegnato i suoi primi quattro autobus scolastici BEAST completamente elettrici di tipo D alla Virginia Occidentale nell'ambito del secondo round del Programma per Autobus Scolastici Puliti dell'EPA. La consegna fa parte di un premio di 18,565 milioni di dollari per sette distretti scolastici della Virginia Occidentale per distribuire 50 autobus scolastici a zero emissioni prodotti a South Charleston.
La consegna è stata brevemente interrotta a causa di un congelamento della spesa da parte dell'Amministrazione Trump, ma è ripresa dopo la cooperazione tra il Senatore Shelley Moore Capito e l'Amministratore dell'EPA Lee Zeldin. Il BEAST, un autobus di tipo D lungo 40 piedi, può ospitare fino a 90 studenti e dispone di capacità di ricarica rapida che consentono una ricarica completa in meno di tre ore.
L'azienda continuerà le consegne per completare la distribuzione dei 50 autobus, inclusi i modelli BEAST e Type A Nano BEAST. Le scuole pubbliche della Contea di Grant, in collaborazione con Highland Electric Fleets per le infrastrutture di ricarica, saranno il prossimo distretto a ricevere i loro autobus.
GreenPower Motor Company (NASDAQ: GP) ha entregado sus primeros cuatro autobuses escolares BEAST totalmente eléctricos de tipo D a Virginia Occidental bajo la Ronda 2 del Programa de Autobuses Escolares Limpios de la EPA. La entrega es parte de un premio de 18,565 millones de dólares para siete distritos escolares de Virginia Occidental para desplegar 50 autobuses escolares de cero emisiones fabricados en South Charleston.
La entrega se detuvo brevemente debido a un congelamiento de gastos por parte de la Administración Trump, pero se reanudó tras la cooperación entre la Senadora Shelley Moore Capito y el Administrador de la EPA Lee Zeldin. El BEAST, un autobús de tipo D de 40 pies, puede acomodar hasta 90 estudiantes y cuenta con capacidades de carga rápida que permiten una carga completa en menos de tres horas.
La empresa continuará las entregas para completar el despliegue de los 50 autobuses, incluidos los modelos BEAST y Type A Nano BEAST. Las Escuelas Públicas del Condado de Grant, trabajando con Highland Electric Fleets en la infraestructura de carga, serán el próximo distrito en recibir sus autobuses.
GreenPower Motor Company (NASDAQ: GP)는 EPA의 청정 학교 버스 프로그램 2차 라운드에 따라 웨스트버지니아에 첫 번째 전기 BEAST 타입 D 학교 버스 4대를 전달했습니다. 이 배송은 웨스트버지니아의 7개 학교 구역에 50대의 제로 배출 학교 버스를 배치하기 위한 1,856만 5천 달러의 지원금의 일환입니다.
배송은 트럼프 행정부의 지출 동결로 잠시 중단되었으나, 셸리 무어 카피토 상원의원과 EPA 관리자 리 젤딘의 협력으로 재개되었습니다. BEAST는 40피트 길이의 타입 D 버스로, 최대 90명의 학생을 수용할 수 있으며 3시간 이내에 완충이 가능한 빠른 충전 기능을 갖추고 있습니다.
회사는 BEAST 및 Type A Nano BEAST 모델을 포함하여 50대 버스 배치를 완료하기 위해 배송을 계속할 것입니다. 그랜트 카운티 공립학교는 충전 인프라를 위해 하이랜드 일렉트릭 플릿과 협력하여 다음으로 버스를 받을 구역입니다.
GreenPower Motor Company (NASDAQ: GP) a livré ses quatre premiers autobus scolaires BEAST entièrement électriques de type D en Virginie-Occidentale dans le cadre de la deuxième phase du programme de bus scolaires propres de l'EPA. Cette livraison fait partie d'une subvention de 18,565 millions de dollars pour sept districts scolaires de Virginie-Occidentale afin de déployer 50 autobus scolaires à zéro émission fabriqués à South Charleston.
La livraison a été brièvement interrompue en raison d'un gel des dépenses par l'administration Trump, mais a repris grâce à la coopération entre la sénatrice Shelley Moore Capito et l'administrateur de l'EPA Lee Zeldin. Le BEAST, un autobus de type D de 40 pieds, peut accueillir jusqu'à 90 étudiants et dispose de capacités de charge rapide permettant une charge complète en moins de trois heures.
L'entreprise continuera les livraisons pour compléter le déploiement des 50 autobus, y compris les modèles BEAST et Type A Nano BEAST. Les écoles publiques du comté de Grant, travaillant avec Highland Electric Fleets sur l'infrastructure de recharge, seront le prochain district à recevoir ses autobus.
GreenPower Motor Company (NASDAQ: GP) hat seine ersten vier vollelektrischen BEAST-Schulbusse des Typs D unter Runde 2 des EPA-Programms für saubere Schulbusse nach West Virginia geliefert. Die Lieferung ist Teil eines Preises von 18,565 Millionen Dollar für sieben Schulbezirke in West Virginia, um 50 emissionsfreie Schulbusse zu betreiben, die in South Charleston hergestellt wurden.
Die Lieferung wurde kurzzeitig aufgrund eines Ausgabenstopps der Trump-Administration unterbrochen, wurde jedoch nach der Zusammenarbeit zwischen Senatorin Shelley Moore Capito und EPA-Administrator Lee Zeldin wieder aufgenommen. Der BEAST, ein 40 Fuß langer Bus des Typs D, bietet Platz für bis zu 90 Schüler und verfügt über Schnellladefunktionen, die eine vollständige Aufladung in weniger als drei Stunden ermöglichen.
Das Unternehmen wird die Lieferungen fortsetzen, um die Bereitstellung von 50 Bussen abzuschließen, einschließlich der Modelle BEAST und Type A Nano BEAST. Die Grant County Public Schools, die mit Highland Electric Fleets an der Ladeinfrastruktur arbeiten, werden der nächste Bezirk sein, der seine Busse erhält.
- Secured $18.565M EPA grant for 50 electric school buses in West Virginia
- Successfully delivered first 4 buses within 90 days of contract signing
- Manufacturing buses locally in South Charleston with American workforce
- Only EV manufacturer producing both Class 4 Type A and Class 8 Type D school buses
- Temporary delivery pause due to Trump Administration spending freeze
- Program implementation subject to administrative changes and uncertainty
Insights
GreenPower's announcement of its first deliveries under the $18.565 million EPA Clean School Bus Program grant represents significant positive momentum for this micro-cap company. With a market capitalization of just
The company has demonstrated operational execution by delivering the first four electric school buses within 90 days of contract signing, establishing a production cadence that positions them to fulfill the remainder of the 50-bus order. This execution is particularly noteworthy given the company manufactured these buses at their West Virginia facility, showcasing their domestic production capabilities.
What's particularly valuable in this announcement is GreenPower's demonstrated ability to navigate political transitions. The company successfully worked with Senator Capito to unfreeze funding after the new administration temporarily paused the program, showing adaptability in a sector heavily dependent on government funding. This political risk mitigation is important for ongoing contract execution.
The contract structure - working through "GreenPower of West Virginia" as the state's dealer - suggests a distribution model that could affect margins and revenue recognition timing, though the company will ultimately benefit from the manufacturing volume. As additional buses are delivered in the coming weeks, investors should watch for production rate improvements and consistent execution on the remaining orders.
This delivery announcement exemplifies how the Clean School Bus Program is successfully transitioning from policy to implementation despite political headwinds. GreenPower's ability to deliver American-made electric buses within 90 days of contract signing demonstrates the viability of domestic EV manufacturing capability - a key selling point as the program faced scrutiny from the new administration.
The mention of Senator Capito's involvement is particularly significant. As Chair of the Senate Environment and Public Works Committee, her support for this program represents important bipartisan backing that could insulate the Clean School Bus Program from complete elimination. GreenPower's advocacy for a "competitive system" rather than a "random lottery" for future awards shows strategic positioning for program reforms rather than termination.
The Round 2 West Virginia grant appears to be serving as a model implementation case - involving multiple stakeholders including school districts, infrastructure providers, and utilities. This comprehensive approach aligns with the Trump administration's emphasis on infrastructure investment with tangible results. The reference to "appropriate oversight by the Trump Administration" suggests GreenPower is framing this program in terms that resonate with the current leadership.
For GreenPower, maintaining this program's momentum is important as it represents a sustainable revenue channel that leverages their unique position as the only all-electric OEM manufacturing both Type A and Type D school buses in America. Their ability to execute this contract efficiently strengthens their position for potential reforms to the remaining
Round 2 of the CSBP, which was funded by the Infrastructure Investment and Jobs Act (IIJA), included an award of
"We are pleased to have manufactured these first four BEAST school buses for the Clean School Bus Program grant in
Delivery of the
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.
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.
Contacts:
Brendan Riley
President
brendan@greenpowermotor.com
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
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, such as the timing and ultimate completion of GreenPower's deployment of 50 school buses to 7 school districts, 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, such as the range of the Nano Beast being up to 140 miles on a single charge, 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. All amounts in
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SOURCE GreenPower Motor Company
FAQ
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