10:03 AM EDT, 04/10/2024 (MT Newswires) -- GreenPower Motor Company Inc. ( GP ) , up 2.6% from 52 week lows in early trade Wednesday, says it plans to deliver an additional 88 all-electric Type D BEAST and Type A Nano BEAST school buses to school districts in West Virginia in the fiscal year 2025 which began April 1, 2024. Once delivery is complete, nearly 100 GreenPower all-electric school buses will be in operation in West Virginia, the statement adds.

In January, the EPA awarded the company a US$18.6 million grant to deploy the company's all-electric, purpose-built, zero-emission school buses in seven West Virginia counties. The grant includes funding for the charging infrastructure to ensure a proper charging strategy for the deployment.

"GreenPower is currently manufacturing all-electric, purpose-built school buses purchased by the state of West Virginia in its South Charleston plant," said Fraser Atkinson, CEO. "Following behind that production are the school buses awarded to seven school districts in West Virginia under Round 2 of the EPA's Clean School Bus Program." School buses for other eastern markets and western markets are in the fiscal 2025 production schedule as well.

In FY 2024, GreenPower made 41 deliveries of all-electric school buses, a lift of 356% from the prior year. "Our production facilities in South Charleston, West Virginia and Porterville, California are all expected to be operating at high capacity with a target of reaching 50 to 60 purpose-built school buses per quarter by the end of the fiscal year 2025," Atkinson added.

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