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GreenPower Motor ( (DE:GRT) ) has provided an announcement.
GreenPower Motor Company announced that its EV Star line of products is eligible for incentives under the reopened New Jersey Zero-Emission Incentive Program (NJ ZIP). The program offers incentives ranging from $65,000 to over $90,000 for GreenPower’s Class 4 commercial all-electric vehicles. Additionally, the new NJ ZEV Financing Program provides low-interest loans to support the adoption of zero-emission vehicles. These initiatives position GreenPower to enhance its market presence in New Jersey, offering fleet operators a viable path to electrification with financial support.
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. GreenPower designs, builds, and distributes a full suite of high-floor and low-floor all-electric vehicles, including transit buses, school buses, shuttles, cargo vans, and a cab and chassis, focusing on zero emissions and integrating global suppliers for key components.
See more data about GRT stock on TipRanks’ Stock Analysis page.