GreenPower to Unveil New State-of-the-Art Refrigerated All-Electric Commercial Truck for Mid and Last-Mile Delivery at Home Delivery World

Rhea-AI Summary

GreenPower Motor Company (NASDAQ: GP) announced the unveiling of a new state-of-the-art, all-electric refrigerated truck at Home Delivery World on June 5-6 in Philadelphia. This truck is designed for mid to last-mile delivery. GreenPower aims to lower the total cost of ownership for its customers while meeting sustainability goals. The new vehicle is part of the EV Star line and emphasizes performance, safety, and sustainability. A LinkedIn Live event will offer a full debut and walk-through of the vehicle on June 5 at 10 a.m. EDT. Interested parties can register online for the event and schedule one-on-one meetings with GreenPower executives at the show.

Positive

• GreenPower will unveil a state-of-the-art, all-electric refrigerated truck for mid and last-mile delivery.
• The new vehicle is designed to lower the total cost of ownership and meet sustainability goals.
• The truck is part of the EV Star line, known for performance, safety, and sustainability.
• The product launch aligns with increasing demand for zero-emission vehicles in the cargo and delivery market.

Negative

• The announcement does not include specific financial data or projected sales figures for the new truck.
• GreenPower faces competition in the all-electric commercial vehicle market, which could impact market share.
• There is no mention of preorders or existing customer commitments for the new vehicle.

PHILADELPHIA, May 31, 2024 /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 company will unveil a new, state-of-the-art, all-electric refrigerated truck at Home Delivery World taking place June 5-6 in Philadelphia, Pennsylvania. GreenPower will showcase its all-electric, purpose-built EV Star line of commercial vehicles designed for mid to last-mile delivery at booth #802.

"Our mid to last-mile delivery customers have come to rely on our all-electric vehicle solutions that lower total cost of ownership while meeting larger sustainability goals," said Claus Tritt, VP of Medium-Duty and Commercial Vehicle Sales. "GreenPower vehicles set the standard of performance, safety and sustainability for the cargo and delivery market. We're committed to advanced innovation in the space and are looking forward to showing our customers, dealers and partners our latest offering."

Vehicle Launch at Home Delivery World
GreenPower will unveil a new, state-of-the-art, all-electric refrigerated truck solution to serve the needs of fleets and customers looking for a cold-chain transportation solution for middle and last-mile delivery.

A LinkedIn Live will be held on Wednesday, June 5 at 10 a.m. EDT, featuring a full-vehicle debut and walk-through. Interested customers, dealers, investors, media and more can register HERE.

Follow GreenPower on LinkedIn at https://www.linkedin.com/company/greenpowermotor/.

GreenPower executives will be available for one-on-one meetings throughout the show. For additional information or to schedule a one-on-one meeting with management, please contact greenpower@skyya.com.

Media Contacts:
Mark Nestlen
VP of Business Development and Strategy
mark.n@greenpowermotor.com 

Allie Potter
Skyya PR for GreenPower
(218) 766-8856
allie@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.

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SOURCE GreenPower Motor Company

FAQ

What new vehicle is GreenPower Motor Company unveiling?

GreenPower is unveiling a state-of-the-art, all-electric refrigerated truck designed for mid to last-mile delivery.

When and where will GreenPower unveil their new electric truck?

GreenPower will unveil the new truck at Home Delivery World on June 5-6 in Philadelphia.

What are the features of GreenPower's new refrigerated truck?

The new truck is all-electric, purpose-built, and designed for mid to last-mile delivery, emphasizing performance, safety, and sustainability.

How can I watch the debut of GreenPower's new vehicle?

A LinkedIn Live event will feature a full-vehicle debut and walk-through on June 5 at 10 a.m. EDT.

What is the stock symbol for GreenPower Motor Company?

GreenPower Motor Company is listed under the stock symbol 'GP' on NASDAQ.