GreenPower's Nano BEAST Type A Electric School Bus Wins "Innovation Award for Best Green Bus Technology" from School Transportation News

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09/13/2022 - 08:00 AM

SOUTH CHARLESTON, W.Va., Sept. 13, 2022 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of zero emission electric powered vehicles serving the cargo, delivery, shuttle, transit, and school bus markets, today announced the Nano BEAST Type A all-electric school bus has been awarded the School Transportation News Innovation Award for Best Green Bus Technology. The Nano BEAST (Battery Electric Automotive School Transportation) is the only purpose-built, zero-emission, Type A school bus on the market.

The School Transportation News Innovation Awards are awarded to those who promote school transportation products, and the applicants were voted on at the School Transportation Expo 2022.

"Winning the School Transportation News Innovation Award for Best Green Bus Technology confirms that the GreenPower Nano BEAST is the best Type A all-electric, zero-emissions bus on the market offering unprecedented levels of safety and reliability for student transportation needs," said GreenPower Vice President of School Bus, Contracts and Grants, Michael Perez. "The Nano BEAST is a monumental achievement, both for GreenPower and for the school transportation industry at large and we are excited to continue producing purpose-built, award winning, all-electric school buses"

"STN EXPO attendees voted, and the best technology won! I want to congratulate GreenPower Motor Company on the new Nano BEAST. This new green bus technology has captured the attention of school transportation professionals at the largest school transportation conference in North America with over 1,200 participants in attendance," said Tony Corpin, Publisher & President, School Transportation News.

Its clean sheet design approach facilitates optimal battery pack placement and weight distribution, allowing the vehicle to accommodate a larger energy supply, deliver a longer range and set the new standard for zero-emissions student transportation. The Nano BEAST is purpose-built on GreenPower's flagship EV Star Platform that has proven its efficiency and reliability in a wide variety of operational settings including paratransit, airport shuttling, micro transit, cargo delivery and vanpool service. It has the largest standard battery pack for a Type A school bus on the market with a class leading range of up to 150 miles.

The Type A Nano BEAST and Type D BEAST presently originate from GreenPower's final assembly plant in California. The company's South Charleston, West Virginia manufacturing facility will also begin production of both the Nano BEAST and BEAST all-electric school buses this fall to meet the demand on both the East and West Coasts.

Media and Investor Contacts:

Michael Perez
Vice President, School Bus, Contracts and Grants
Michael@greenpowermotor.com

Allie Potter
Skyya PR for GreenPower
(218) 766-8856
Greenpower@skyya.com

About GreenPower Motor Company

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. © 2022 GreenPower Motor Company Inc. All rights reserved.