GreenPower Appoints Peterson Truck & Bus as its School Bus Dealer for the State of Oregon

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Dec 21, 2022, 08:30 ET

LOS ANGELES, Dec. 21, 2022 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of zero-emission, all electric-powered, medium and heavy-duty vehicles, today announced the appointment of Peterson Trucks, Inc. ("Peterson") as the dealer for GreenPower's BEAST Type D and Nano BEAST Type A all-electric school buses for the state of Oregon.

GreenPower's BEAST Type D school bus and Nano BEAST Type A school bus

"Peterson brings 76 years of sales and service experience to this new relationship with GreenPower," said Michael Perez, GreenPower's Vice President of School Bus, Contracts and Grants. "With five locations across the state of Oregon, we look forward to working with them to build on the current footprint GreenPower already enjoys in the state. Oregon operates nearly 4,900 school buses and GreenPower has already been quoting bus sales for several school districts. Peterson will be a key partner in GreenPower's development of this market."

As part of the dealership agreement, Peterson has placed an order for two Type D BEAST school buses to be used for demonstration purposes with school districts and officials. "The Peterson team is excited about this new relationship with GreenPower and we plan to hit the ground running. The addition of GreenPower to our existing portfolio is a reflection of our commitment to this sector which we will continue to expand and support moving forward," said Rich Sanner, Bus Sales Manager for Peterson. "The GreenPower BEAST and Nano BEAST are the preeminent purpose-built, all-electric, zero-emission Type A and D school buses on the market today and will quickly become the vehicle of choice as schools in Oregon migrate a higher percentage of their fleets to all-electric."

GreenPower already enjoys a significant presence in Oregon. Several of the company's EV Star models are deployed in Oregon operating as employee shuttles for a major global sporting goods corporation and in transportation needs for non-profits. Two of GreenPower's award-winning Type A Nano BEAST are currently in production for Portland Public Schools, the largest school district in the state of Oregon and additional BEAST school buses are in the final stages of the ordering process for other school districts.

Contacts
Brendan Riley President
(510) 910-3377

Michael Perez
Vice President of school bus, contracts and grants
(909) 308-0960

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

About GreenPower Motor Company Inc.
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. © 2022 GreenPower Motor Company Inc. All rights reserved.

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