GreenPower Motor Company Inc. Secures $18.6M to Drive the Zero-Emission Fleet Revolution

GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) is excited to announce that it has successfully raised $18,600,000 in its latest funding round—a significant milestone that propels the company’s mission to redefine sustainable transportation. As a leading manufacturer and distributor of all-electric, zero-emission medium and heavy-duty vehicles, GreenPower is dedicated to serving key markets including cargo and delivery, shuttle and transit, and the school bus sector. This new influx of capital will be strategically invested in expanding production capabilities, accelerating research and development, and enhancing the company’s innovative design and engineering expertise. The funding is a testament to the confidence that investors have in GreenPower’s vision to spearhead the electrification of transportation fleets worldwide. The company plans to leverage these funds to not only scale up manufacturing operations but also to deepen its commitment to sustainability and energy efficiency. With sustainability at its core, GreenPower is set on delivering cutting-edge solutions tailored to meet the evolving demands of commercial transport and public transit. The investment will enable more rapid product rollouts and improvements in technology that further solidify the company’s competitive advantage in an increasingly green and carbon-conscious market economy. As global trends shift towards zero-emission mobility, GreenPower’s enhanced offerings are positioned to make a significant impact on reducing environmental footprints while providing reliable, safe, and innovative transportation solutions. For further information and updates on new projects and developments, please visit www.greenpowermotor.com.