GreenPower Delivers Four Nano BEAST All-Electric, School Buses to West Virginia School Districts

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GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) announced the delivery of four all-electric, purpose-built Type A Nano BEAST school buses to West Virginia, marking the first all-electric, purpose-built school buses manufactured in the state. The company has also rolled out the first manufactured all-electric school buses from its South Charleston manufacturing facility, with a total of 41 all-electric GreenPower school buses purchased by the state of West Virginia for school districts across the Mountain State.

SOUTH CHARLESTON, W.Va., Dec. 14, 2023 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced the delivery of four all-electric, purpose-built Type A Nano BEAST school buses to Cabell, Clay, Monongalia and Kanawha counties in West Virginia. The deliveries followed the roll out of the first manufactured all-electric school buses from the company's South Charleston manufacturing facility earlier this week.

"Delivery of the four Nano BEASTs represents the first all-electric, purpose-built school buses manufactured in West Virginia," said Michael Perez, Vice President of School Buses, Contracts and Grants for GreenPower. "These Nano BEASTs are part of the 41 all-electric GreenPower school buses purchased by the state of West Virginia for school districts across the Mountain State. The 37 all-electric, purpose-built Type D BEASTs which are part of the same order, and the additional one BEAST purchased by Kanawha County, are set for delivery in 2024."

One Nano BEAST is being delivered to Monongalia County while the three Nano BEAST Access options are going to Cabell, Clay and Kanawha counties. The Nano BEAST is a Type A all-electric, purpose-built, zero-emission school bus with seating for up to 24 students. The Nano BEAST Access option has seating for up to 18 ambulatory passengers and up to 3+ Q'STRAINT wheelchair securements, complemented with a BraunAbility rear curbside lift.

"Monongalia County Schools is excited to receive the very first Nano BEAST manufactured in West Virginia," said Dr. Eddie R. Campbell, Superintendent of Monongalia County Schools. "This first all-electric school bus is the start of our transition to a cleaner, safer transportation plan for our students. The school district has already ordered a second GreenPower Nano BEAST with the Access option."

"As the home county school system where GreenPower's West Virginia manufacturing plant is located, the Kanawha County School District is proud to have been the first county to take delivery of a Nano BEAST Access Type A school bus yesterday," added Kanawha County Superintendent Dr. Tom Williams. "There are former Kanawha County students that were part of the GreenPower team that built our bus. And with GreenPower's tremendous growth we look forward to more of our graduates working there."

Clay County School District was the first school district in the nation to deploy a Type A, all-electric, purpose-built school bus with a wheelchair lift and securements when it put the GreenPower Nano BEAST in service in October of 2022 during the #YesWV All-Electric School Bus Pilot Project implemented by the state of West Virginia and GreenPower. "It's an exciting time for West Virginia and the Clay County School District is ecstatic to receive a GreenPower Nano BEAST Access," said Philip Dobbins, superintendent of Clay County Schools. "Our participation in the pilot project showed the value these GreenPower all-electric school buses have. A cleaner, safer ride and reduced operating and maintenance costs are benefits widely known. What we also found is the quiet ride of the all-electric bus helps reduce behavioral problems, especially when transporting students with special needs."

"Today marks an important step as we work to update our bus fleet," said Cabell County Schools Superintendent Dr. Ryan Saxe. "Within Cabell County, there is excitement among our transportation department, parents, students, and the community as we welcome the first GreenPower all-electric school bus into our fleet. Our school district proudly supports the manufacturing of GreenPower school buses right here in West Virginia, contributing to our local economy and technological advancements."

Note to Media: The following press events will take place as each Nano BEAST arrives at the respective county school district bus garage:

• Monongalia County – Thursday, December 14 at 11:00 am at the Bus Garage at 101 Mylan Park Lane in Morgantown.
• Clay County – Thursday, December 14 at 3:00 pm at the Bus Garage at 1403 Clay Highway in Clay.
• Cabell County – Friday, December 15 at 10:00 am at the School Board offices at 2850 Fifth Avenue in Huntington.

Contacts:

Mark Nestlen
Vice President of Business Development & Strategy
mark.n@greenpowermotor.com

Allie Potter
Skyya PR for GreenPower
(218) 766-8856
allie@skyya.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 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. 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 are in U.S. Dollars ©2023 GreenPower Motor Company Inc. All rights reserved.

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SOURCE GreenPower Motor Company

FAQ

How many all-electric, purpose-built Type A Nano BEAST school buses were delivered to West Virginia by GreenPower Motor Company Inc. (GP)?

GreenPower Motor Company Inc. delivered four all-electric, purpose-built Type A Nano BEAST school buses to Cabell, Clay, Monongalia, and Kanawha counties in West Virginia.

What was the total number of all-electric GreenPower school buses purchased by the state of West Virginia for school districts across the Mountain State?

The state of West Virginia purchased a total of 41 all-electric GreenPower school buses for school districts across the Mountain State.

What is the seating capacity of the Nano BEAST and Nano BEAST Access options?

The Nano BEAST has seating for up to 24 students, while the Nano BEAST Access option has seating for up to 18 ambulatory passengers and up to 3+ Q'STRAINT wheelchair securements.

When were the first all-electric school buses manufactured in West Virginia rolled out?

The first manufactured all-electric school buses from GreenPower's South Charleston manufacturing facility were rolled out earlier this week.

What was the first school district in the nation to deploy a Type A, all-electric, purpose-built school bus with a wheelchair lift and securements?

Clay County School District was the first school district in the nation to deploy a Type A, all-electric, purpose-built school bus with a wheelchair lift and securements.

What are the benefits of using all-electric school buses?

The benefits include a cleaner, safer ride, reduced operating and maintenance costs, and a quiet ride that helps reduce behavioral problems, especially when transporting students with special needs.

When is the press event for the arrival of the Nano BEAST in Monongalia County?

The press event for the arrival of the Nano BEAST in Monongalia County will take place on Thursday, December 14 at 11:00 am at the Bus Garage at 101 Mylan Park Lane in Morgantown.