GreenPower Expands Electric School Bus Deliveries in West Virginia

GreenPower Motor ( (TSE:GPV) ) has issued an update.

GreenPower Motor Company announced the delivery of three BEAST all-electric school buses to its West Virginia dealer for the Grant County School District under the EPA’s Clean School Bus Program. This delivery marks the second set of buses provided under the program in West Virginia, following a temporary pause due to a spending freeze. GreenPower has now delivered a total of 22 school buses in the state, highlighting its commitment to expanding zero-emission transportation solutions. The company’s ongoing deployments underscore its position as a leading American manufacturer of purpose-built EV school buses, with significant implications for school districts seeking sustainable transportation options.

Spark’s Take on TSE:GPV Stock

According to Spark, TipRanks’ AI Analyst, TSE:GPV is a Neutral.

GreenPower Motor’s overall stock score reflects significant financial and technical challenges. Despite positive revenue growth and strategic initiatives highlighted in the latest earnings call, ongoing financial struggles, bearish market momentum, and unattractive valuation weigh heavily on the stock. The company must address these core issues to improve its market position and stock performance.

To see Spark’s full report on TSE:GPV stock, click here.

More about GreenPower Motor

GreenPower Motor Company Inc. is a leading manufacturer and distributor of all-electric, zero-emission medium and heavy-duty vehicles. Their product range includes transit buses, school buses, shuttles, cargo vans, and a cab and chassis. The company focuses on purpose-built, battery-powered vehicles designed to meet various operator specifications while ensuring ease of maintenance. Founded in Vancouver, Canada, GreenPower has operational facilities in southern California and has been listed on the Toronto exchange since 2015 and on NASDAQ since 2020.

YTD Price Performance: -46.90%

Average Trading Volume: 20,423

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$17.69M

Find detailed analytics on GPV stock on TipRanks’ Stock Analysis page.