09 Nov 2022
GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of zero-emission, electric-powered, medium and heavy-duty vehicles, announced a listing of vehicles available for funding by the San Joaquin Valley Air Pollution Control District (SJVAPCD) under the Volkswagen Trust Fund.
"Significant amounts of money are available to school districts, businesses, nonprofit organizations, government entities, transit systems and individuals through the VW Trust Fund grants," said GreenPower contracts and grants manager Erica Baker. "GreenPower has a host of vehicles that are eligible for the funding which can cover up to the entire purchase price of the vehicle."
The GreenPower vehicles eligible for grants under the SJVAPCD VW Trust Fund include:
- EV Star Min-eBus
- EV Star Plus
- Nano BEAST Type A School Bus
- BEAST Type D School Bus
- EV250 30' Transit Bus
- EV350 40' Transit Bus
Amounts available under the offering are up to $180,000 for transit buses, up to $400,000 for school buses, and up to $160,000 for shuttle buses. The new bus must replace an old internal combustion engine (ICE) bus. For non-government entities, the grants are capped at 75 percent of project costs.
"GreenPower currently has vehicles in Californiathat have completed the manufacturing process and are ready for delivery under the grants program," said Michael Perez, vice president of school bus, contracts and grants at GreenPower. "We are here to help eligible applicants understand the program and application process and to help ensure they receive the needed funding to allow them to proceed with purchasing all-electric, zero-emission buses that can be deployed into their fleets quickly."
The SJVAPCD VW Trust Fund offering opened on Oct. 31, 2022 and is on a first-come, first-service basis. GreenPower | www.greenpowermotor.com