GreenPower Motor Company Inc.

Description

GreenPower Motor Company Inc is a junior firm operating in the vehicles and parts industry.

The Vancouver-based firm focuses on providing zero-emission and electric vehicles.

GreenPower Motor Company designs, develops, and commercializes all types of electric vehicles and heavy-duty vehicles for student transportation, cargo transportation, low floor transit transportation, and passenger transportation.

The transit services company offers a variety of electric vehicles through the following product lines:
EV Star CC: includes EV Star Cab and Chassis- a heavy-duty class 4 cargo vehicle for mid and last-mile delivery.

EV Star: A heavy-duty class 4 min-E bus with multiple functions.

EV Star Plus: a heavy-duty class 4 vehicle for campus transportation, hospitals, airport shuttles, carpooling services etc.

EV Star Cargo: The heavy-duty class 4 vehicle is a last-mile delivery transit vehicle that can hold a weight of 5000 pounds and speed of 150 miles.

EV Star Cargo Plus: It has similar features with EV Star Cargo but is a class 4 vehicle for cargo and shipments.

AV Star: A heavy-duty class 4 vehicle for passengers

Beast: An electric automotive school bus with a length of 40 feet and zero noise pollution

EV 250: A 30-feet battery-driven electric bus for transit.

EV 350 and EV 550: Includes two series of buses using e-batteries.

The firm says that all the electric vehicles it produces utilizes a customized battery and a proprietary flex power system for drive motors.

The company is also engaged in numerous initiatives, under the name E-incentives program, and engages in low GHG vehicles technologies research, FTA tribal transit program, air quality management programs, etc., across the United States.

In addition, the firm claims to have strong presence in California, Colorado, Illinois, Indiana, New Jersey, and New York.

Under the New Jersey Zero-Emission Incentive, the firm claims to have been approved as an official vendor for the program in 2021. Its product line of EV Star, EV Star CarGo, and others are reportedly eligible for initiative.

The e-transit company’s stocks trade on TSXV under the quote of ‘GPV’. It is also listed on NASDAQ with ‘GP’ as trading symbol.