GreenPower Awarded Contract for Six EV Stars from Sacramento


EV Stars to be deployed as on-demand shuttles for new microtransit service

PORTERVILLE, Calif., Oct. 25, 2018 (GLOBE NEWSWIRE) -- GreenPower Motor Company Inc. (TSXV: GPV) (OTCQX: GPVRF) (“GreenPower”) announces that Sacramento Regional Transit District (“SacRT”) has awarded a contract to GreenPower for six EV Star All-Electric Min–eBuses for deployment on its SmaRT Ride service.

SacRT provides public transportation for the City of Sacramento and most of Northern Sacramento County. Earlier this year, SacRT launched SmaRT Ride, a new on-demand service where customers use a smartphone app to request shuttle rides within a designated service area. Following the success of its debut, SacRT received a $12 million grant from the Sacramento Transportation Authority (“STA”) to expand this service. SacRT plans on operating its SmaRT Ride shuttle service in 12 Sacramento communities, including the first disadvantaged community to receive the service. The STA grant stipulates that SacRT use a large portion of the funds to bring SmaRT Ride to areas that are currently underserved by transit.

SacRT recognizes that mobility provides freedom by connecting people to essential services improving a person’s overall quality of life. SmaRT Ride provides that needed mobility and SacRT anticipates this new service will be well received by the community, as it goes a long way toward solving first and last mile challenges among transit passengers.

“SacRT is excited about pairing up two technologies to provide innovative transit services to the Sacramento region.  Microtransit and battery-electric vehicles will become synonymous,” said Alva Carrasco, Deputy Chief Operating Officer for SacRT. “We are eager to commence what we anticipate will be a long-lasting partnership with GreenPower.”

The EV Star Min-eBus is an all–electric, zero emission, 25-foot bus that seats up to 19 people with an operational range of 100 to 150 miles on a single charge.  This versatile vehicle can be used for microtransit services, paratransit, vanpool, shuttle, school, employee transportation or tourist operations. The EV Star is a perfect choice for cities, transit agencies and local organizations with a mandate to reduce emissions. 

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.


            

Coordonnées