PORTERVILLE, Calif., May 31, 2018 (GLOBE NEWSWIRE) -- GreenPower Motor Company Inc. (TSX-V:GPV) (OTCQX:GPVRF) (“GreenPower”) announces that it has entered into an exclusive factory representative agreement with Creative Bus Sales, the U.S.’s largest bus dealer for sales, parts and service. With 19 physical locations, a 75-person sales team and 200+ service and support staff, Creative Bus Sales sold thousands of buses in the U.S. last year alone.
Along with signing the 3-year exclusive agreement, Creative Bus Sales has placed an initial order of 15 buses with GreenPower for their inventory: 5 EV-STARS and 10 Synapse School Buses.
“This arrangement with Creative Bus Sales is vital, as it provides GreenPower a sophisticated and well-respected sales and service network throughout our primary target market, and will meaningfully strengthen our ability to sell vehicles coast to coast. GreenPower will effectively now have the largest sales, parts and service network for any electric bus manufacturer in the U.S.A.
We are excited to partner with an entity that unquestionably has the ability to effectively demonstrate, sell and service, electric medium and heavy-duty vehicles. We have a suite of compelling and quality products, and now we have a well-regarded nationwide representative”, said Brendan Riley, President of GreenPower.
The president of Creative Bus Sales, Tony Matijevich said regarding this new relationship: “Creative Bus Sales and GreenPower working together make a match that is going to be hard for competitors to beat. With the most extensive and compelling EV bus offerings available from GreenPower; combined with Creative Bus Sales – the largest and most respected bus dealer in America – this new relationship represents a paradigm shift for the bus industry!”
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.
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.