PORTERVILLE, Calif., Dec. 17, 2018 (GLOBE NEWSWIRE) -- GreenPower Motor Company Inc. (TSXV: GPV) (OTCQX: GPVRF)
(“GreenPower”) announces that it has delivered two EV Star All-Electric Min–eBuses to the University of California San Francisco
(“UCSF”), San Francisco’s second-largest employer.
The zero-emission EV Stars will help UCSF reach the University of California (“UC”) system’s ambitious goal to
be carbon neutral by 2025. To meet this target, UC must reduce greenhouse gas emissions across all ten campuses, including tackling
emissions from the UC-owned transportation fleet, which services over 250,000 students. UCSF operates a fleet of 60 buses, and
intends to convert the entire fleet to zero-emission electric buses over the next 10 years.
“We are excited to be working with a prominent customer like UCSF in helping them achieve their carbon neutral
ambitions,” said Ryne Shetterly, Vice President of Sales and Marketing. “With a $90,000 voucher available from the state of
California, an EV Star offers operators a multifunctional zero-emission shuttle vehicle at a lower price point and reduced cost of
ownership than comparable diesel-powered alternatives.”
The EV Star is an all–electric, zero emission, 25-foot bus that seats up to 19 passengers, with an operational
range of 100 to 150 miles on a single charge. This versatile vehicle can be used for micro-transit services, para-transit,
vanpool, shuttle, school, employee transportation, tourist operations or cargo transport. The EV Star is a great 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. All amounts in U.S.
dollars. © 2018 GreenPower Motor Company Inc. All rights reserved.
For further information contact: Brendan Riley, President (510) 910-3377 Ryne Shetterly, Vice President of Sales and Marketing (909) 954-7530
