Associated tags: IPO, OEM, High-floor, Green, Transport, Rail transport, Student
Locations: BRITISH COLUMBIA, PARK AVENUE, NEW YORK, UNITED STATES, NORTH CAROLINA, MATTHEWS, CALIFORNIA, ADA, TEXAS, NAFA, PAUL, NORTH AMERICA, CANADA
VANCOUVER, BC, May 9, 2024 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower" or the "Company"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced the closing of its previously announced underwritten public offering (the "Offering").
Key Points:
- VANCOUVER, BC, May 9, 2024 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower" or the "Company"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced the closing of its previously announced underwritten public offering (the "Offering").
- The Offering consisted of 1,500,000 common shares and warrants to purchase 1,500,000 common shares.
- Each common share was sold together with one warrant at a combined public offering price of US$1.55.
- Gross proceeds from the Offering were approximately US$2.3 million before deducting underwriting discounts and offering expenses, inclusive of the over-allotment.
VANCOUVER, BC, May 6, 2024 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower" or the "Company"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced the pricing of its previously announced underwritten public offering (the "Offering").
Key Points:
- VANCOUVER, BC, May 6, 2024 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower" or the "Company"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced the pricing of its previously announced underwritten public offering (the "Offering").
- Each common share is to be sold together with one warrant at a combined public offering price of US$1.55, for gross proceeds of approximately US$2.3 million before deducting underwriting discounts and offering expenses.
- The Offering is expected to close on or about May 9, 2024, subject to the satisfaction of customary closing conditions.
- The final terms of the offering will be disclosed in a final prospectus supplement to be filed with the SEC.
The Offering consists of common shares and warrants to purchase common shares and is subject to market conditions.
Key Points:
- The Offering consists of common shares and warrants to purchase common shares and is subject to market conditions.
- There can be no assurance as to whether or when the Offering may be completed, or as to the actual size, pricing or other terms of the Offering.
- In addition, the Company intends to grant the underwriter a 45-day option to purchase up to an additional 5 percent of the number of common shares and/or warrants offered in the Offering.
- The final terms of the offering will be disclosed in a final prospectus supplement to be filed with the SEC.
The EV Star Utility Truck upfitted on GreenPower's proprietary EV Star Cab & Chassis by the Company's recently announced in-house truck body building entity, GP Truck Body.
Key Points:
- The EV Star Utility Truck upfitted on GreenPower's proprietary EV Star Cab & Chassis by the Company's recently announced in-house truck body building entity, GP Truck Body.
- GP Truck Body provides tailored options for any number of body types, including the EV Star Utility Truck, minimizing order and delivery time to meet the increasing demand for commercial EVs.
- In addition to the EV Star Utility Truck, GP Truck Body offers a complete line of truck bodies including dry freight, refrigerated boxes, aluminum stakebeds, steel and aluminum flatbeds and service bodies, that maximizes payload and delivery range.
- "Through GP Truck Body, customers can seamlessly order and tailor the EV Utility Truck with minimal time between order and delivery."
GREENSBORO, N.C., April 15, 2024 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced an exclusive media preview event and ride and drive to be held April 18, at Matthews Specialty Vehicles in Greensboro. The VIP showing is a precursor to the April 20th Piedmont Earth Day Fair in Winston-Salem where Piedmont Truck Center, Matthews Specialty Vehicles and the North Carolina Clean Energy Technology Center will feature GreenPower's all-electric, purpose-built, zero-emission commercial vehicles.
Key Points:
- The VIP showing is a precursor to the April 20th Piedmont Earth Day Fair in Winston-Salem where Piedmont Truck Center , Matthews Specialty Vehicles and the North Carolina Clean Energy Technology Center will feature GreenPower's all-electric, purpose-built, zero-emission commercial vehicles.
- "GreenPower is proud to offer all-electric, purpose-built fleet solutions and work alongside Piedmont Truck Center, Matthews Specialty Vehicles and the North Carolina Clean Energy Technology Center to bring our EV Star products to North Carolina," said Claus Tritt, GreenPower's Vice President of Medium-Duty and Commercial Vehicle Sales.
- "Through Piedmont Truck Center and Matthews Specialty Vehicles' unique upfit solutions, customers can secure GreenPower's all-electric vehicles to fit a range of applications.
- We look forward to showcasing GreenPower's purpose-built vehicles our partners have to offer at the Piedmont Earth Day Fair and this special preview event."
LOS ANGELES, April 9, 2024 /PRNewswire/ -- GreenPower Motor Company Inc. (Nasdaq: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, is pleased to invite investors to a webinar on April 17, 2024 at 4:15 p.m. EDT/1:15 p.m. PDT.
Key Points:
- LOS ANGELES, April 9, 2024 /PRNewswire/ -- GreenPower Motor Company Inc. (Nasdaq: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, is pleased to invite investors to a webinar on April 17, 2024 at 4:15 p.m. EDT/1:15 p.m. PDT.
- The exclusive event, hosted by RedChip Companies, will feature GreenPower's CEO Fraser Atkinson who will share insight into the Company's strategic positioning and growth trajectory.
- A live Q&A session with Atkinson, GreenPower President Brendan Riley and CFO Michael Sieffert will follow the presentation.
- To register for the free webinar, please visit:
Questions can be pre-submitted to [email protected] or online during the live event.
"The launch of GP Truck Body signifies our commitment to customer satisfaction, consolidating our services into a seamless one-stop shop experience for buying and manufacturing," said Brendan Riley, President of GreenPower.
Key Points:
- "The launch of GP Truck Body signifies our commitment to customer satisfaction, consolidating our services into a seamless one-stop shop experience for buying and manufacturing," said Brendan Riley, President of GreenPower.
- Our goal is to be the trusted partner our customers rely on to meet all their business requirements.
- With GP Truck Body now part of the GreenPower business unit, we can achieve this goal while strengthening our market influence."
- GreenPower's announcement of the new truck body manufacturer has been part of its long-term vision to bring together its growing business under one corporate umbrella.
Retrieved on:
Wednesday, February 28, 2024
GreenPower will feature the company's all-electric, purpose-built, zero-emission commercial vehicle offerings, including an EV Star Cargo Plus box truck in booth #209.
Key Points:
- GreenPower will feature the company's all-electric, purpose-built, zero-emission commercial vehicle offerings, including an EV Star Cargo Plus box truck in booth #209.
- During a press conference on Thursday, March 7, at 10:30 a.m. EST, GreenPower President Brendan Riley will share insight on products, applications as well as a company update on its commercial vehicles and upfit offerings.
- Recognized as one of North America's largest work truck events, Work Truck Week provides attendees with the opportunity to network with industry leaders and learn about new products, services and technological developments.
- Brendan Riley and Vice President of Medium Duty and Commercial Vehicle Sales, Claus Tritt, will be available for one-on-one meetings throughout the conference.
Retrieved on:
Wednesday, February 21, 2024
VANCOUVER, BC, Feb. 21, 2024 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP ) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, has been recognized by the TSX Venture Exchange (TSXV) as a 2024 Top 50 Company, ranking number two within the Clean Tech and Life Sciences sector.
Key Points:
- VANCOUVER, BC, Feb. 21, 2024 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP ) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, has been recognized by the TSX Venture Exchange (TSXV) as a 2024 Top 50 Company, ranking number two within the Clean Tech and Life Sciences sector.
- "GreenPower is honored to be recognized as a top performing company in the 2024 TSX Venture 50," said Fraser Atkinson, CEO of GreenPower.
- We remain dedicated and focused on continuing to build investor confidence and value for our shareholders and customers."
- Additional details on the 2024 TSX Venture 50 and GreenPower can be found at: www.tsx.com/Venture50 .
Retrieved on:
Thursday, January 11, 2024
The all-electric GreenPower proprietary EV Star Cab and Chassis was designed to take on any mid and last-mile delivery while maintaining the benefits of being a zero-emissions vehicle.
Key Points:
- The all-electric GreenPower proprietary EV Star Cab and Chassis was designed to take on any mid and last-mile delivery while maintaining the benefits of being a zero-emissions vehicle.
- With a carrying capacity of 7,000 pounds and a range of up to 150 miles, the GreenPower EV Star Cab and Chassis is the perfect vehicle for any fleet.
- The EV Star Cab and Chassis went through final assembly and inspection at GreenPower's South Charleston, West Virginia facility.
- GreenPower has more than 100 EV Star Cab and Chassis ready for delivery which were delayed by customers.
