GreenPower Reports Record Annual Revenue
VANCOUVER, British Columbia—GreenPower Motor Co. Inc., a designer, manufacturer, and distributer of all-electric buses, has announced it earned a revenue of $6.1 million for the fiscal year ended March 31, 2019, an increase of 73 percent over the previous year, and the largest in the company’s history. GreenPower also says it commenced production of 30 EV Star min-eBuses in February, with deliveries beginning in June, and started production of another 50 EV Star min-eBuses in June.
According to the report, the company completed the setup of a leased 50,000-square-foot manufacturing and assembly facility in the Porterville, CA, which will focus on EV Star and EV Star Plus buses. In fiscal 2019, GreenPower booked in aggregate, orders for more than 220 of the company’s buses, including follow-on orders from existing customers.
New customers include the Sacramento Regional Transit, the University of California San Francisco, Green Commuter, the Port of Oakland, Creative Bus Sales, Airline Coach Services and the San Diego Airport Parking Authority
In addition, the company has a signed factory representative and distribution agreement with Creative Bus Sales, the largest bus distributor in the United States, with an initial order of 100 buses.