GreenPower Appoints K. Neal as a School Bus Dealer for the State of Maryland and Washington D.C.

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Jan 23, 2023, 08:00 ET

SOUTH CHARLESTON, W. Va., Jan. 23, 2023 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of zero-emission, electric-powered, medium and heavy-duty vehicles, today announced the appointment of K. Neal International Trucks, Inc. ("K. Neal") as an exclusive dealer for GreenPower's all-electric Type D BEAST and Type A Nano BEAST school buses for the state of Maryland and Washington D.C.

GreenPower’s All-Electric Type A Nano BEAST school bus in front of the U.S. Capitol Building in Washington D.C.

"We are excited to be working with K. Neal, who is a proven school bus dealer in Maryland and in D.C.," said Michael Perez, vice president of school bus, contracts and grants for GreenPower. "The region has around 8,000 school buses currently in operation and a strong desire to migrate from diesel to electric school buses. We are already working with the K. Neal team on several deals including those funded by the recent EPA Clean School Bus Program announcement."

Serving a large share of the region's school districts, K. Neal has three locations in Maryland and one location serving Washington D.C. "With its 24-7 mobile service operations, K. Neal brings the same level of customer support and service to its customers that GreenPower provides nationwide," Perez continued, noting that K. Neal has initially agreed to purchase a Nano BEAST Type A school bus and then a BEAST Type D school bus from GreenPower for customer demonstrations.

The new relationship pairs an award-winning product, the Nano BEAST, with an award-winning dealer. The Washington Business Journal recognized K. Neal as a family-owned business honoree for the dealership's excellence in ethics and innovation.

The School Transportation News award-winning Nano BEAST has the largest standard battery pack for a Type A school bus on the market today with a class leading range of up to 150 miles. Configured for up to 18 passengers with one wheelchair position and 14 passengers with two wheelchair positions, the Nano BEAST features the industry-leading BraunAbility wheelchair lift and the preferred Q'Straint wheelchair securement system. GreenPower's BEAST is a 40-foot Type D school bus seating up to 90 passengers. The dual port charging is standard, with Level 2 rates up to 19.2 kW and DC Fast Charging rates up to 61 kW. Wireless charging is also available as an option.

GreenPower and Media Contacts:

Brendan Riley
President
(510) 910-3377

Michael Perez
Vice President School Bus, Contracts and Grants
(909) 308-0960

Allie Potter
Skyya PR for GreenPower
(218) 766-8856
[email protected]

About GreenPower Motor Company

GreenPower designs, builds and distributes a full suite of high-floor and low-floor all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo van, and a cab and chassis. GreenPower employs a clean-sheet design to manufacture all-electric vehicles that are purpose built to be battery powered with zero emissions while integrating global suppliers for key components. 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. GreenPower was founded in Vancouver, Canada with primary operational facilities in southern California. Listed on the Toronto exchange since November 2015, GreenPower completed its U.S. IPO and NASDAQ listing in August 2020. For further information go to www.greenpowermotor.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 "upon", "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. 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. © 2023 GreenPower Motor Company Inc. All rights reserved.

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