GreenPower Motor (TSE:GPV) has released an update.
GreenPower Motor Company Inc. reported $39.3 million in revenue for Fiscal Year 2024, indicating stable sales compared to the previous year. The company has focused on aligning production with customer orders, leading to the expansion of manufacturing facilities and the development of innovative electric vehicle designs, such as the EV Star Utility Truck. Notably, GreenPower has seen a significant increase in the sales of its electric school buses, a trend it expects to continue.
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