GreenPower Announces First Deliveries to West Virginia under EPA Clean School Bus Program Grant

Core Points - The Infrastructure Investment and Jobs Act (IIJA) funded Round 2 of the Clean School Bus Program (CSBP), awarding $18.565 million to seven West Virginia school districts for 50 all-electric school buses manufactured by GreenPower [1] - GreenPower has successfully delivered the first four BEAST school buses within 90 days of the contract signing with the EPA, emphasizing the importance of timely delivery for the safety and health of students [2] - The company is the only all-electric Original Equipment Manufacturer (OEM) in the U.S. that produces both Class 4 Type A and Class 8 Type D school buses, showcasing its leadership in the electric school bus market [3] Funding and Delivery - The delivery of school buses was briefly paused due to a spending freeze by the Trump Administration, but was resumed thanks to the efforts of Senator Shelley Moore Capito and the EPA [2] - The Round 2 grant funding is seen as a well-structured approach to allocate resources effectively, involving multiple stakeholders in the planning process [2] Product Specifications - The BEAST is a 40-foot Type D all-electric school bus with a capacity of up to 90 students, featuring a corrosion-resistant aluminum body and a high-strength steel chassis [3] - The Nano BEAST, an award-winning model, has a standard 118 kWh battery pack and a range of up to 140 miles, designed for up to 24 passengers [4] Company Overview - GreenPower designs and manufactures a range of all-electric vehicles, including school buses, with a focus on zero emissions and battery-powered solutions [6] - The company was founded in Vancouver, Canada, and has operational facilities in southern California, with a public listing on the Toronto exchange since November 2015 and a NASDAQ listing since August 2020 [6]