GP - GreenPower Motor reports Q1 results
- GreenPower Motor press release ( NASDAQ: GP ): Q1 loss of $4.35M.
- Revenue of $3.85M misses by $2.01M .
- "We've achieved a number of milestones across various segments of our business including the first deliveries of our EV Star Cab and Chassis (EV Star CC) to Workhorse in July, expansion of the dealer network for our all-electric school buses, the acquisition of Lion Truck Body and entering into a Contract of Lease-Purchase for the facility in West Virginia," said Fraser Atkinson, CEO of GreenPower. "Our investment in inventory supports the deliveries we're making this summer and through this fall of our all-electric school buses, cargo vans and other EV Star models in addition to the build-up for the Workhorse contract."
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GreenPower Motor reports Q1 results