GreenPower Delivers EV Star Plus Passenger Bus to Fraser Academy

Rhea-AI Summary

On September 20, 2021, GreenPower Motor Company (NASDAQ: GP) announced the delivery of an EV Star Plus to Fraser Academy in Vancouver. This zero-emission Class 4 passenger bus will support the school's transportation needs and is eligible for a $50,000 voucher from the B.C. SUVI program. The EV Star Plus features flexible seating and a range of up to 250 km. GreenPower's CEO, Fraser Atkinson, expressed pride in contributing to sustainable transport solutions. The company has also donated $175,000 to Fraser Academy, highlighting strong community support for education.

Positive

• Delivery of the EV Star Plus improves GreenPower's product visibility.
• Eligible for a $50,000 voucher under B.C. SUVI program, enhancing financial benefits.
• Strong community support through a $175,000 donation to Fraser Academy.

Negative

• None.

VANCOUVER, B.C., Sept. 20, 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, today announced that it has delivered an EV Star Plus to Fraser Academy, a leader in the empowerment and education of students with dyslexia and language-based learning differences in Vancouver. The zero-emission Class 4 passenger bus will be used for a variety of student transportation needs. The EV Star Plus is eligible for a voucher of $50,000 from the B.C. SUVI voucher program, which will further benefit the school and its students. The estate of the late Hilda Atkinson and GreenPower CEO Fraser Atkinson are strong supporters of the institution and have donated $175,000 to Fraser Academy.

The EV Star Plus is equipped with flexible passenger seating along with rear curbside access to allow students to safely load luggage or sporting gear. The 7.5 meter EV Star Plus is the only bus in its class that was designed from concept as a battery-electric vehicle and comes with a standard J1772 Level 2 and CCS DC Level 3 fast charge system, allowing for optimal flexibility in route planning for various duty cycles. It delivers a range of up to 250 kilometers and a Level 3 DCFC charge time of 2 hours.

Fraser Atkinson, CEO at GreenPower, commented, "Fraser Academy is truly a pioneer among teaching and learning institutions, with programs and research-based methods designed to optimize personalized learning, cognitive development, and post secondary opportunities for its students. GreenPower is proud to deliver a zero-emission vehicle to Fraser Academy that is healthier for its students and a more sustainable solution for our planet."

Maureen Steltman, Head of Fraser Academy added, "We are delighted to receive our beautiful new EV Star Plus from GreenPower – our first zero-emission transportation vehicle. Our staff and students are keenly aware of the issues facing each of us and our environment and are very interested in solutions like electric vehicles, so this new electric bus will be an exciting learning experience for all of us."

Contacts:

Fraser Atkinson
GreenPower CEO
(604) 220-8048

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

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 delivery made by GreenPower Motor Company?

GreenPower recently delivered an EV Star Plus passenger bus to Fraser Academy in Vancouver.

What is the financial incentive associated with the EV Star Plus?

The EV Star Plus is eligible for a $50,000 voucher from the B.C. SUVI subsidy program.

How does the EV Star Plus enhance student transportation at Fraser Academy?

The EV Star Plus is designed for flexible passenger seating and has a range of up to 250 km.

What community support did GreenPower provide to Fraser Academy?

GreenPower donated $175,000 to Fraser Academy, supporting education for students with learning differences.