GP - GreenPower Motor's vehicles eligible for up to $375K in California HVIP funds
GreenPower Motor Company's (NASDAQ:GP) battery-electric vehicles are eligible for up to $375K in vouchers through the California Air Resources Board (CARB) Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP). The program is scheduled to open on Mar. 30, 2022, with $196.6M available in standard HVIP funds; $65.5M allocated for public transit; and $122M set aside for public schools in small and medium air districts. GreenPower's HVIP-eligible models include its electric school bus line including the BEAST (Type D) and NanoBeast (Type A); Class 8 transit bus line; and Class 4 EV Star product line, which consists of both cargo trucks and passenger vans. GP is up ~3% pre-market
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GreenPower Motor's vehicles eligible for up to $375K in California HVIP funds