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GreenPower Motor ( (TSE:GPV) ) has issued an update.
GreenPower Motor Company Inc. reported a 35% increase in revenue for the third quarter of fiscal year 2025, reaching $7.2 million, which reflects a strong demand for its all-electric vehicles. The company is scaling its manufacturing operations to capitalize on the industry’s shift toward zero-emission fleet solutions, with plans to consolidate its California operations to enhance efficiency and cost savings. Additionally, GreenPower has strengthened its leadership to support increased production capacity and meet rising demand.
More about GreenPower Motor
GreenPower Motor Company Inc. is a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles. The company serves the cargo and delivery market, shuttle and transit space, and school bus sector.
YTD Price Performance: -5.31%
Average Trading Volume: 21,558
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$31.56M
For an in-depth examination of GPV stock, go to TipRanks’ Stock Analysis page.
