- Biden plans US$174b for EVs and to give rebates and tax incentives to buy American-made EVs. Calls for replacing 50,000 diesel transit vehicles and electrifying at least 20% of U.S buses.
- GreenPower Motor Company looks to be a likely winner in the U.S. shift towards electric vehicles.
- GreenPower is a 100% electric vehicle (bus, passenger & cargo/delivery van) manufacturer with U.S. production facilities.
- Risks revolve around GreenPower being able to successfully ramp up production and meet forecast revenues and profits.
For further details see:
GreenPower Motor Looks Set To Benefit From The Coming U.S. Electric Bus And Transit Vehicle Boom