PORTERVILLE, Calif., April 09, 2018 (GLOBE NEWSWIRE) -- GreenPower Motor Company Inc. (TSX-V:GPV) (OTCQX:GPVRF)
(“GreenPower”) announces that its EV350 40-Foot All-Electric Transit Bus has outperformed its original range expectations. The
zero-emission vehicle recently traveled 205 miles with 50% SOC (State of Charge) remaining battery power after the trip.
The GreenPower EV350 was recently purchased by Porterville Transit, and was driven under its own power
from the San Joaquin Valley to Newport Beach to showcase the vehicle at the CALACT Spring 2018 Conference.
To get to Newport Beach, the driver had to travel over California’s Grapevine, notable for having far steeper
hills than would be typical for a transit route. This means the bus not only outperformed its range expectations but did so along a
more demanding route than its typical duty cycle.
“This is a monumental achievement, not only for GreenPower, but for the industry. We drove this bus 205 miles
over steep and varied terrain to reach the conference. Even after that lengthy trip, half of the battery power remained,” said
GreenPower’s President Brendan Riley. “GreenPower has raised the bar for the whole industry as this range allows our bus to meet
98% of transit properties daily route needs.”
GreenPower expects to deliver three more buses to Porterville by the end of May and the remaining five buses by
the summer.
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.
