GreenPower Receives Order for Two Synapse 72 All-Electric School Buses

PORTERVILLE, Calif., Feb. 20, 2018 (GLOBE NEWSWIRE) -- GreenPower Motor Company Inc. (TSXV:GPV) (OTCQX:GPVRF) (“GreenPower”) has received an order for two of its Synapse 72 all-electric school buses for the Rialto Unified School District (“Rialto”). The order was placed through School Bus Sales of California, Inc.  GreenPower expects to deliver the two buses by the summer of 2018.

Rialto operates a fleet of 68 school buses to support the transportation needs for students attending 29 elementary, middle and high schools.

Commenting on the new, all-electric school buses, Mohammad Z. Islam, Associate Superintendent of Business Services said: “The Rialto Unified School District is excited to add alternative fuel vehicles to our fleet.   Our partnership with GreenPower and with the South Coast Air Quality Management District, who provided grant funding, will enable our District to serve our students’ needs in an environmentally friendly manner.”

“There is an opportunity to accelerate Rialto’s electrification strategy with deployments of GreenPower’s Synapse 72 school bus,” said GreenPower’s President Brendan Riley. “This is a strategic win for GreenPower as our new Los Angeles sales office is located near the Rialto Unified School District so we’ll be able to show customers our products in action.”

About GreenPower Motor Company Inc.

GreenPower Motor Company Inc. develops electric powered vehicles for commercial markets.  GreenPower offers a range of electric powered buses deploying electric drive and battery technologies with a lightweight chassis and low floor or high floor body.  GreenPower’s bus is based on a flexible clean sheet design and utilizes a custom battery management system and a proprietary Flex Power system for the drive motors.  GreenPower integrates global suppliers for key components such as Siemens for the two drive motors, Knorr for the brakes, ZF for the axles and Parker for the dash and control systems. 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. For further information go to www.greenpowerbus.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 “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, such as the regulations and requirements in different jurisdictions. 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.

For further information contact:

GreenPower Motor Company
Brendan Riley
President
(510) 910-3377

John Reed, Media Relations
Elevator Communications, LLC
(415) 846-4862

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. © 2018 GreenPower Motor Company Inc. All rights reserved.