GreenPower Delivers First EV Stars to Creative Bus Sales
18 Juillet 2019 - 3:00PM
GreenPower Motor Company Inc. (TSXV: GPV) (OTCQX: GPVRF)
(“GreenPower”) today announced that it has delivered the first two
EV Star All-Electric Min-eBuses (“EV Stars”) to Creative Bus Sales
(“Creative”), with ten additional EV Stars to be delivered during
the next two weeks. As previously announced, GreenPower received an
order in 2018 for 100 buses from Creative, the nation’s largest bus
dealer for sales, parts and service. With 19 physical locations, a
75-person sales team, and 200-plus service and support staff,
Creative sold thousands of buses in the U.S. last year and
represents over 20 of the top bus manufacturers.
“We are excited to see our first EV Stars now at
Creative Bus Sales, which we view as a huge growth opportunity for
GreenPower going forward,” said Brendan Riley, President of
GreenPower Motor Company. “As the largest bus dealer across the
U.S., Creative has already committed to purchasing 100 of our buses
– which we believe is just the tip of the iceberg. Given the
company’s broad distribution network, combined with the unique
attributes of our zero-emission offerings, we’re excited about
where this partnership will take us in the years to come. We thank
Creative for their dedication to our diverse range of electric
vehicles and the faith they’ve placed in our technology. We look
forward to a long, beneficial relationship together.”
The EV Star is the only bus in its class that
comes with a standard J1772 level 2 and CCS DC fast combo charge
system, allowing for optimal flexibility in route planning for any
duty cycle. The EV Star is eligible for a base voucher of $90,000
from the California HVIP program and an additional voucher of
$10,000 when the vehicle is operated in a disadvantaged
community.
For further information contact:
Brendan Riley President (510) 910-3377
Ryne Shetterly Vice President of Sales and
Marketing (909) 954-7530
GreenPower Investor RelationsChris Witty(646) 438-9385
About GreenPower Motor Company
Inc.GreenPower designs, builds and distributes a full
suite of high-floor and low-floor vehicles, including transit
buses, school buses, shuttles, a cargo van and a double
decker. GreenPower employs a clean-sheet design to
manufacture all-electric buses that are purpose built to be battery
powered with zero emissions. GreenPower integrates global
suppliers for key components, such as Siemens or TM4 for the drive
motors, Knorr for the brakes, ZF for the axles and Parker for the
dash and control systems. 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. For further information go to
www.greenpowerbus.com
Forward-Looking StatementsThis
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 “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 such as the manufacturing of product or are
beyond GreenPower’s control, such as the regulations and
requirements in different jurisdictions including final approvals
for this purchase of vehicles. 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 in U.S.
dollars. © 2019 GreenPower Motor Company Inc. All rights
reserved.
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