GP - GreenPower shows record deliveries of all-electric vehicles in Q4

2023-04-10 08:22:17 ET

• GreenPower Motor Company ( NASDAQ: GP ) ( TSXV: GPV:CA ) delivered more than 120 vehicles during Q4 ended March 31, 2023, a substantial increase over previous quarters.
• The majority of the deliveries were EV Star Cab and Chassis, but also included EV Star Cargoes, EV Stars, EV 250 thirty-foot low floor transit buses, and a Type D BEAST all-electric school bus.
• The company also delivered the first of its new all-electric, purpose-built refrigerated box truck in Q4.
• "GreenPower demonstrates strong growth with our third consecutive quarter of record deliveries with more than 120 vehicles delivered to customers across the country. This increase represents a six-fold increase from a year ago. We look forward to continue building on the momentum with our current order book and strong demand across our entire product portfolio." said CEO Fraser Atkinson.
• SA warns that the stock is a high risk of performing badly owing to inferior profitability and decelerating momentum when compared to other Industrials stocks

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