PORTERVILLE, Calif., Sept. 09, 2019 (GLOBE NEWSWIRE) -- GreenPower Motor Company Inc. (TSXV: GPV) (OTCQX: GPVRF) (“GreenPower” or the “Company”) today announced that it has delivered the 10th and final EV350 to Porterville Transit (“Porterville”). As previously announced, Porterville and GreenPower successfully received grant funding of $9.5 million through the California Air Resources Board’s (“CARB”) Zero Emissions Bus and Truck Pilot Program. This grant funding covered the purchase of ten EV350 forty-foot low floor battery-electric transit buses featuring an industry-leading range of 250 miles on a single charge.
“Porterville Transit is well on its way to deploying the nation’s first 100% electric fleet,” said Brendan Riley, President of GreenPower. “This city – located in the heart of Central California – is showing other rural areas across the country that electric buses are not only for urban city centers but can be successfully used almost anywhere. We’re very proud to have our EV350’s showcased in this manner.”
GreenPower is also assisting Porterville with the installation of charging infrastructure and upon the anticipated completion this fall, Porterville will have replaced its legacy CNG bus fleet and fueling infrastructure.
The EV350 is a purpose-built forty-foot zero emissions low floor transit bus that can meet the operational demands of any end user with unparalleled range and reliability. The EV350 can be configured to seat up to 39 passengers, two wheelchair positions, and features 432kWh of batteries. The EV350 is eligible for a base voucher of $150,000 from the California HVIP program and an additional voucher of $15,000 when the vehicle is operated within a disadvantaged community.
For further information contact:
Brendan Riley
President
(510) 910-3377
Fraser Atkinson
CEO
(604) 220-8048
GreenPower Investor Relations
Chris 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 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 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.