GreenPower to Deliver Five BEASTs to California Schools
GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) announced the delivery of five Type D BEAST all-electric school buses to two California school districts this week. Four buses will go to Cutler-Orosi Joint Unified School District and one to Terra Bella Union Elementary School District. The company plans to deliver up to four more BEASTs to California schools and two to Oregon schools in the coming weeks, with an additional 20 school buses expected in California over the next 90 to 120 days.
The BEAST is a 40-foot Type D all-electric, zero-emission school bus with seating for up to 90 students. It features a unified structure with an integrated aluminum body and is eligible for California HVIP vouchers and ZESBI program grants. GreenPower remains the only OEM to manufacture both Class 4 Type A and Type D all-electric, purpose-built school buses.
GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ha annunciato la consegna di cinque autobus scolastici BEAST completamente elettrici di tipo D a due distretti scolastici della California questa settimana. Quattro autobus andranno al Cutler-Orosi Joint Unified School District e uno al Terra Bella Union Elementary School District. L'azienda prevede di consegnare fino a quattro ulteriori BEAST alle scuole della California e due alle scuole dell'Oregon nelle prossime settimane, con ulteriori 20 autobus scolastici previsti in California nei prossimi 90-120 giorni.
Il BEAST è un autobus scolastico completamente elettrico di tipo D lungo 40 piedi e a zero emissioni con posti per un massimo di 90 studenti. Presenta una struttura unificata con un corpo in alluminio integrato ed è idoneo per i voucher HVIP della California e per i finanziamenti del programma ZESBI. GreenPower rimane l'unico produttore OEM a fabbricare sia autobus scolastici elettrici di tipo A classe 4 sia elettrici di tipo D, progettati specificamente per l'uso scolastico.
GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) anunció la entrega de cinco autobuses escolares completamente eléctricos BEAST de tipo D a dos distritos escolares de California esta semana. Cuatro autobuses irán al Cutler-Orosi Joint Unified School District y uno al Terra Bella Union Elementary School District. La compañía planea entregar hasta cuatro BEAST adicionales a escuelas de California y dos a escuelas de Oregón en las próximas semanas, con un total de 20 autobuses escolares esperados en California en los próximos 90 a 120 días.
El BEAST es un autobús escolar completamente eléctrico de tipo D de 40 pies y cero emisiones, con capacidad para hasta 90 estudiantes. Presenta una estructura unificada con un cuerpo de aluminio integrado y es elegible para los vales HVIP de California y las subvenciones del programa ZESBI. GreenPower sigue siendo el único fabricante OEM que produce autobuses escolares eléctricos de tipo A de clase 4 y de tipo D, diseñados específicamente para el uso escolar.
그린파워 모터 컴퍼니(주) (NASDAQ: GP) (TSXV: GPV)는 이번 주 캘리포니아의 두 개 학군에 다섯 대의 전기 학교버스 BEAST D형을 납품했다고 발표했습니다. 네 대는 컷틀러-오로시 통합 교육구에, 한 대는 테라벨라 유니온 초등학교 교육구에 배치됩니다. 이 회사는 향후 몇 주 내에 캘리포니아 학교에 추가로 네 대의 BEAST를, 오리건 학교에 두 대를 납품할 계획이며, 향후 90일에서 120일 내에 캘리포니아에서 추가로 20대의 학교버스가 예상됩니다.
BEAST는 최대 90명의 학생을 수용할 수 있는 40피트 길이의 전기, 제로 배출 학교버스입니다. 통합 알루미늄 바디가 장착된 구조를 갖추고 있으며, 캘리포니아 HVIP 바우처 및 ZESBI 프로그램 보조금의 자격이 있습니다. 그린파워는 클래식 4 유형 A 및 D의 전기 학교버스를 모두 제조하는 유일한 OEM입니다.
La GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) a annoncé cette semaine la livraison de cinq autobus scolaires entièrement électriques de type D BEAST à deux districts scolaires de Californie. Quatre autobus seront remis au Cutler-Orosi Joint Unified School District et un au Terra Bella Union Elementary School District. L'entreprise prévoit de livrer jusqu'à quatre BEAST supplémentaires aux écoles californiennes et deux aux écoles de l'Oregon dans les semaines à venir, avec 20 autobus scolaires supplémentaires attendus en Californie au cours des 90 à 120 jours suivants.
Le BEAST est un autobus scolaire entièrement électrique de 40 pieds de type D, sans émissions, avec des places pour jusqu'à 90 étudiants. Il possède une structure unifiée avec une carrosserie en aluminium intégrée et est éligible aux bons HVIP de Californie ainsi qu'aux subventions du programme ZESBI. GreenPower reste le seul fabricant OEM à produire à la fois des autobus scolaires électriques de classe 4 de type A et de type D, conçus spécifiquement pour l'utilisation scolaire.
Die GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) hat diese Woche die Lieferung von fünf BEAST elektrisch betriebenen Schulbussen der Klasse D an zwei Schulbezirke in Kalifornien bekannt gegeben. Vier Busse gehen an den Cutler-Orosi Joint Unified School District und einer an den Terra Bella Union Elementary School District. Das Unternehmen plant, in den kommenden Wochen bis zu vier weitere BEASTs an kalifornische Schulen und zwei an Schulen in Oregon zu liefern, wobei in den nächsten 90 bis 120 Tagen weitere 20 Schulbusse in Kalifornien erwartet werden.
Der BEAST ist ein 40 Fuß langer, emissionsfreier Schulbus der Klasse D, der Platz für bis zu 90 Schüler bietet. Er verfügt über eine einheitliche Struktur mit einem integrierten Aluminiumkörper und ist für die HVIP-Gutscheine von Kalifornien sowie die Förderungen des ZESBI-Programms berechtigt. GreenPower bleibt der einzige OEM, der sowohl elektrisch betriebene Schulbusse der Klasse 4 Typ A als auch Typ D herstellen kann, die speziell für den Schulbetrieb entwickelt wurden.
- Delivery of five BEAST all-electric school buses to California schools, demonstrating market demand
- Plans to deliver up to 26 more school buses in the next 90-120 days
- GreenPower is the only OEM manufacturing both Type A and Type D all-electric, purpose-built school buses
- BEAST and Nano BEAST are eligible for California HVIP vouchers and ZESBI program grants
- None.
Insights
GreenPower's delivery of five BEAST electric school buses to California schools demonstrates modest but tangible progress in their market penetration. While the immediate financial impact is , it signals growing adoption in a potentially lucrative sector. The company's unique position as the only OEM offering both Type A and Type D electric school buses could be a competitive advantage.
The planned delivery of up to 26 additional buses in the next 90-120 days suggests a healthy order pipeline. However, investors should note that this represents a relatively small portion of the overall school bus market. The eligibility for
Overall, while this news indicates positive momentum, it's not a game-changer for GreenPower's financials in the short term. Investors should monitor the company's ability to scale production and secure larger orders to assess long-term growth potential.
GreenPower's delivery of all-electric school buses aligns with the growing trend towards zero-emission transportation in the education sector. This move is particularly significant in California, a state known for its aggressive climate policies. The adoption of these buses by school districts demonstrates a practical implementation of environmental policies at the local level.
The
However, the true environmental impact will depend on the scale of adoption and the source of electricity used to charge these buses. Investors should consider the potential for similar programs in other states, which could expand GreenPower's market opportunity while contributing to broader emissions reduction goals.
The adoption of GreenPower's electric school buses by California districts represents a significant step in modernizing student transportation. These vehicles offer more than just environmental benefits; they provide an enhanced learning environment for students. The buses' zero-emission nature means reduced noise and air pollution, potentially improving students' health and cognitive function during their commute.
The BEAST's design features, such as the flat floor and high seating, demonstrate a focus on safety and accessibility. This could be particularly beneficial for students with mobility challenges. Additionally, the integration of modern technology in these buses presents opportunities for future enhancements in student tracking, route optimization and even mobile learning initiatives.
While the immediate impact is to a few districts, this trend could spark wider interest in educational technology integration within transportation. Investors should consider the potential for GreenPower to expand into related educational technology sectors, leveraging their presence in schools to offer complementary products or services.
"Delivery of our all-electric Type D BEAST school buses in
Of the five BEASTs to be delivered this week, four will go to the Cutler-Orosi Joint Unified School District and the fifth to the Terra Bella Union Elementary School District. "We are pleased that these school districts see the great health and safety benefits provided by GreenPower's all-electric, purpose-built, zero-emission school buses in meeting the transportation needs of their students," Start continued. "As with other school districts in
In addition to this week's deliveries, in the next few weeks GreenPower plans to deliver up to four more Type D BEAST all-electric, purpose-built, zero-emission school buses to
GreenPower's 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, it is a unified structure that features a seamlessly integrated aluminum body made from extruded aluminum manufactured by Constellium on a high strength steel Truss (bus) chassis. The complete flat floor design allows for tracking with no obstacles, and the high floors keep students out of the crash zone. Dual port charging is standard with Level 2 rates up to 19.2 kW and DC Fast Charging rates up to 85 kW. Wireless charging is also available as an option.
The Type D BEAST and Type A Nano BEAST are both eligible for California HVIP vouchers and qualify for grants under the California Zero-Emission School Bus and Infrastructure (ZESBI) program. ZESBI grants pair zero-emission (ZE) school bus vehicle funding offered by the California Air Resources Board (CARB), with charging infrastructure funding offered by the California Energy Commission (CEC). A total of
Contacts:
Fraser Atkinson, CEO
fraser@greenpowermoter.com
Paul Start, Vice President of Sales – School Bus Group
paul.s@greenpowermotor.com
Mark Nestlen, Vice President of Business Development & Strategy
mark.n@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 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. ©2024 GreenPower Motor Company Inc. All rights reserved.
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SOURCE GreenPower Motor Company
FAQ
How many BEAST all-electric school buses is GreenPower (GP) delivering to California schools this week?
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Are GreenPower's (GP) electric school buses eligible for any incentives in California?
How many additional school buses does GreenPower (GP) plan to deliver in California over the next 90 to 120 days?
