GreenPower Announces that its California Manufacturing Facility is Ready for Production
GreenPower has Orders for over 40 EV Star and EV Star Plus Min-eBuses
PORTERVILLE, Calif., Nov. 30, 2018 (GLOBE NEWSWIRE) — GreenPower Motor Company Inc. (TSXV: GPV) (OTCQX: GPVRF) (“GreenPower” or the “Company”) announces that its manufacturing facility in Porterville, California is ready for production. In August 2018, the Company entered into a four-year lease with a three-year option for a facility with over 50,000 square feet in the City of Porterville as a manufacturing and assembly center. The Company has now set up this facility for production of EV Stars and the EV Star Plus models.
“This manufacturing facility will allow us to deliver EV Stars built with the efficiency and quality that comes Made in America,” said Brendan Riley, President of GreenPower. “We’ve ordered the initial parts and components to build the first tranche of EV Stars commencing in December. By the end of 2019, we plan on producing 25 EV Stars per month with total production of over 200 EV Stars for 2019.”
The EV Star is an all–electric, zero emission, 25-foot bus that seats up to 19 passengers, with an operational range of 120 to 150 miles on a single charge. The EV Star Plus is a wider body model that can accommodate multiple ADA spots with a curb side wheelchair lift. The EV Star can be charged with Level 2 and DC Fast Charging systems. These versatile vehicles can be used for micro-transit services, para-transit, vanpool, shuttle, school, employee transportation, tourist operations or cargo transport. The EV Star and EV Star Plus are great choices for cities, transit agencies and local organizations with a mandate to reduce emissions.
The Company presently has orders for over 40 EV Star and EV Star Plus Min-eBuses.
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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, 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
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 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. © 2018 GreenPower Motor Company Inc. All rights reserved.