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GreenPower to Showcase its EV School Bus Safety at STN Reno
Prnewswire· 2024-07-11 12:30
"At GreenPower, our commitment lies in guaranteeing safe, sustainable and sensible school transportation," said GreenPower President Brendan Riley. "We look forward to engaging in another year at STN, where we will demonstrate GreenPower's unwavering dedication to safety and dependability. Our all-electric, purpose-built, zero-emission school buses are reshaping student transportation, offering families and communities a safe, healthy mode of travel for kids." GreenPower executives will be available for one ...
GreenPower Motor Co(GP) - 2024 Q4 - Annual Report
2024-07-01 17:04
ITEM 2. OFFER STATISTICS AND EXPECTED TIMETABLE Not applicable. A. Reserved Not applicable. Risks Related to Our Business If the revenue from the sale of our electric vehicles is not sufficient to cover our cash requirements, we will need to raise additional funds through the sale of equity or other securities, or the issuance of additional debt. Financing may not be available at terms that are acceptable to us, if at all. The reduction or elimination of government and economic incentives, funding approval ...
GreenPower Reports Revenue of $39.3 Million for Fiscal 2024
Prnewswire· 2024-06-29 01:35
Conference Call Scheduled for July 1, 2024 at 9:30 a.m. EDT/6:30 a.m. PDT Fiscal Year 2024 Highlights: Conference Call Information Replay: (US) 1-877-344-7529; (Canada) 1-855-669-9658; (International) 1-412-317-0088 Michael Sieffert, CFO (604) 563-4144 SOURCE GreenPower Motor Company "Despite significant headwinds in the EV sector, GreenPower has made substantial strides with its plan to transition to a production plan driven by customer orders," said Fraser Atkinson, GreenPower Chairman and CEO. "This tran ...
GreenPower Delivers First BEAST Produced in West Virginia Manufacturing Facility and Provides Update on Order for 37 BEASTs to be Delivered in 2024 to School Districts in West Virginia
Prnewswire· 2024-06-27 13:00
Purchase of the BEAST by Kanawha County was entirely through its own school bus replenishment funds; no federal or state grant money was used. "The economics of GreenPower all-electric school buses makes it an easy decision to migrate your fleet from diesel to electric," said Tom Williams, Superintendent of the Kanawha County School District. "We deployed the first Nano BEAST Access produced in South Charleston and now we are receiving the first BEAST made at the GreenPower facility as well. We are looking ...
GreenPower Unveils the EV Star REEFER X - A New Modern, All-Electric Refrigerated Medium-Duty Truck
Prnewswire· 2024-06-05 11:00
Company Overview - GreenPower Motor Company designs, builds, and distributes a full suite of all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, and cargo vans [6] - The company employs a clean-sheet design to manufacture battery-powered vehicles with zero emissions, integrating global suppliers for key components [6] - GreenPower was founded in Vancouver, Canada, with primary operational facilities in southern California and is listed on the Toronto exchange since November 2015, completing its U.S. IPO and NASDAQ listing in August 2020 [6] Product Offering - The EV Star REEFERX is a purpose-built all-electric commercial vehicle designed for mid to last-mile refrigerated delivery and catering applications, featuring a lighter body for increased payload [1][2] - The vehicle is capable of moving temperature-controlled goods such as fresh and frozen foods, flowers, and pharmaceuticals, with a payload capacity of up to 5,500 lbs and a range of up to 150 miles [5] - The one-piece box design of the EV Star REEFERX provides benefits such as easy repair, quick assembly, and consistent insulation, contributing to a longer vehicle life [5] Market Opportunity - The global refrigerated trucks market size reached $9.8 billion in 2023 and is expected to grow to $15.4 billion by 2032, driven by federal and state regulations promoting the adoption of all-electric commercial vehicles [3] - California's proposed regulation for all Transportation Refrigeration Units (TRUs) to achieve zero emissions by the end of 2035 presents a significant market opportunity for GreenPower [3] - The increasing demand for online shopping and home grocery delivery further enhances the market potential for the EV Star REEFERX [3] Customer Experience - GreenPower offers a "one-stop shop" approach through GP Truck Body, allowing customers to streamline warranty claims, service, and overall experience, which is a key differentiator in customer decision-making [3] - The EV Star REEFERX features customizable options for low or high voltage refrigerator units and various insulation thicknesses to meet different applications and environments [5] - The vehicle's design reduces day-to-day upkeep and sanitation downtime, improving total cost of ownership (TCO) for fleet owners [5]
GreenPower to Unveil New State-of-the-Art Refrigerated All-Electric Commercial Truck for Mid and Last-Mile Delivery at Home Delivery World
Prnewswire· 2024-05-31 13:00
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 showc ...
GreenPower to Showcase its EV School Bus Safety at STN Indy
Prnewswire· 2024-05-23 13:00
"At GreenPower, our commitment lies in guaranteeing safe, sustainable and sensible school transportation," said GreenPower President Brendan Riley. "We look forward to engaging in another year at STN, where we will demonstrate GreenPower's unwavering dedication to safety and dependability. Our all-electric, purpose-built, zero-emission school buses are reshaping student transportation, offering families and communities a safe, healthy mode of travel for kids." Transportation experts, school districts, gover ...
Why Is GreenPower Motor (GP) Stock Down 36% Today?
InvestorPlace· 2024-05-07 12:42
GreenPower Motor (NASDAQ:GP) stock is falling on Tuesday after the electric vehicle (EV) company announced the pricing of a public offering for its shares.GreenPower Motor is selling 1.5 million shares of GP stock with each of these shares coming with one warrant. Those warrants can be exercised to acquire another share of the company’s stock.The units in this public offering are being sold for $1.55 and the warrants have an exercise price of $1.82 per share. The warrants can be exercised immediately and wi ...
GreenPower Announces Pricing of US$2.3 Million Underwritten Public Offering
Prnewswire· 2024-05-07 02:04
VANCOUVER, BC, May 6, 2024 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower" or the "Company"), 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 pricing of its previously announced underwritten public offering (the "Offering"). The Offering consists of 1,500,000 common shares and warrants to purchase ...
GreenPower Motor Co(GP) - 2024 Q3 - Quarterly Report
2024-05-06 20:07
Press Release A preliminary prospectus supplement and accompanying prospectus relating to the Offering and describing the terms thereof will be filed with the SEC and will form a part of the effective registration statement and will be available on the SEC's website at www.sec.gov. When available, copies of the prospectus supplement and accompanying prospectus may be obtained, when available, by contacting Maxim Group LLC, at 300 Park Avenue, 16th Floor, New York, NY 10022, Attention: Syndicate Department, ...