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GreenPower Receives Order for 100 EV Stars

Immediately Increasing Production of EV Stars

LOS ANGELES, April 15, 2019 (GLOBE NEWSWIRE) -- GreenPower Motor Company Inc. (TSXV: GPV) (OTCQX: GPVRF) (“GreenPower”) announces that Green Commuter has ordered one hundred (100) EV Star All-Electric Min–eBuses.  The 25-foot EV Star is available in executive and high-density seating configurations with an operational range of up to 150 miles on a single charge and is ideally suited for Vanpooling, Car Sharing and Shuttle services. 

Green Commuter is an all-electric vanpool provider based in California that offers vanpooling, car sharing, shuttle service and fleet replacement. Currently, Green Commuter’s fleet is comprised entirely of electric vehicles that include Tesla Model X vehicles.

GreenPower presently has over 30 EV Stars in production with initial deliveries commencing in May. GreenPower will be ramping up production in order to deliver 10 EV Stars per month to Green Commuter starting this summer.

The EV Star seats up to 19 passengers and can be configured with either a Level 2 J-1772 or a CCS DC Fast combo charge system which allows for optimal flexibility in route planning for any duty cycle.  EV Stars can be supplied with Wheelchair lifts to meet ADA requirements. GreenPower will be working with Green Commuter to install the charging infrastructure.

The EV Star is eligible for a base voucher of $90,000 from the California HVIP program and an additional voucher of $10,000 where 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

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 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 “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. 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. © 2019 GreenPower Motor Company Inc. All rights reserved.

 

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