Tuesday, November 24, 2020 2:20:50 PM
8:30 AM ET, 11/24/2020 - PR Newswire
GreenPower Motor Company Receives Second Order from Top Rated University; Purchase Supported by Funding from VW Mitigation Settlement
LOS ANGELES, Nov. 24, 2020 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of zero emissions electric powered medium and heavy duty vehicles, announces that the University of California, Los Angeles ("UCLA") will add a third EV Star to their fleet.
The first two GreenPower EV Star Min-E shuttles ordered by UCLA Transportation are being used by UCLA Health and are transporting patients and visitors, as well as staff and faculty working at the medical centers. The third unit will be used for Bruinaccess which is a complimentary paratransit service provided by UCLA for qualified individuals curb to curb rides from most points on or near campus. The initial order was delivered in the summer of 2020 and has received incredibly positive feedback from the operators and fleet managers. The third unit was delivered in the early part of November. Part of the EV Star purchase was covered by the California VW Mitigation settlement which covers up to $160,000 of the vehicle cost and requires the scrapping of a model year 2009 with a GVWR of over 14,000 lbs.
Ryne Shetterly, Vice President of Sales and Marketing at GreenPower commented, "This is our fifth customer within the GreenPower Motor Company customer portfolio that has placed a follow-on order after running our EV star for an initial evaluation period." Mr. Shetterly continued, "UCLA is one of the most prestigious universities in the country and we look forward to continuing to assist them in their transition towards a zero emissions fleet."
Brendan Riley, President of GreenPower added, "This follow on order with UCLA represents our first use of VW Mitigation settlement to facilitate the purchase of an EV Star. Our goal at GreenPower is to leverage every possible incentive while available and this transaction highlights the increasing diversity of programs we are utilizing." Mr. Riley concluded, "I think it goes without saying that it is a tremendous honor to see GreenPower EV Stars serving the UCLA campus."
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