GreenPower Motor Company Inc. (TSXV: GPV) (OTCQX: GPVRF) (“GreenPower”) has announced that 10 States have recently released their proposed mitigation plans with $400 million available to purchase new all-electric school, transit and shuttle buses from the VW Mitigation Trust. The Trust provides $2.9 Billion to implement approved air pollution mitigation initiatives in the 50 States, Puerto Rico and federally-recognized Native American nations.
Arizona – $38 million over the next two years to replace up to 281 school buses
California – CARB is proposing that $130 million be allocated for zero-emission school, transit and shuttle buses
State of Washington – Up to 45% of their $104 million for electric transit, school and shuttle buses and electric trucks
Oregon – $18 million to replace 450 old diesel school buses
Nevada - 80% of their $22.2 million for electric transit, school and shuttle buses and electric trucks
Georgia – All $63.6 million to be used to replace older diesel transit buses
Wisconsin - $42 million to replace public transit vehicles
Louisiana - $18 million over three years to replace old diesel school buses
Illinois - $10.8 million to purchase new electric school buses
Ohio – Up to $15 million to replace old diesel school buses
"GreenPower is helping to undo the damage done to our environment by the cheating VW diesels by replacing older diesel buses that are proven, notorious polluters with our zero-emission, quiet, all-electric buses," said Brendan Riley President of GreenPower. "We are still the only EV manufacturer that provides a solution to each of the categories of buses covered under this settlement. Our all-electric transit, school and shuttle buses are able to take advantage of all of the Mitigation Actions that are available for new all-electric buses under this program."
GreenPower will be providing additional information on its website related to the application process for funding from the VW Mitigation Trust for purchasers of new all-electric buses.