GreenPower receives order for 100 buses


PORTERVILLE, Calif., June 05, 2018 (GLOBE NEWSWIRE) -- GreenPower Motor Company Inc. (TSXV:GPV) (OTCQX:GPVRF) (“GreenPower”) announces that it has received an order for 100 buses from Creative Bus Sales, the U.S.’s largest bus dealer for sales, parts and service and GreenPower’s exclusive authorized factory representative.

Brendan Riley, President of GreenPower commented: “This 100 bus order represents our largest order to date. This is further validation of the compelling nature of GreenPower EV products and the acceptance of our product by the market in general!”

The President of Creative Bus Sales, Tony Matijevich said: “Creative Bus Sales and GreenPower have been working together behind the scenes for months now including training and joint sales calls. This order reflects our commitment to amazing EV buses that GreenPower designs and manufactures and our ability to sell and support them!”

Creative’s order for 100 GreenPower buses over eighteen months includes the 15 buses for inventory and demonstration that are on order with GreenPower.

GreenPower’s vehicles will soon be added to the Creative Bus Sales website. For more information on Creative Bus Sales, visit www.creativebussales.com

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

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 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.

For further information contact:

GreenPower Motor Company
Brendan Riley, President
(510) 910-3377

Elevator Communications, LLC
John Reed, Media Relations
(415) 846-4862

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.