GreenPower Motor Company Inc. reported its business activities for the recent quarter, highlighting revenue generated from the production and delivery of two EV Stars, three Nano BEAST Type A school buses, and one BEAST Type D school bus. The Nano BEASTs were delivered to a dealer in California for use by a local school district, while the EV Star deliveries included one EV Star Mobility Plus to a healthcare provider in Massachusetts and one pre-owned EV Star to a California school. GreenPower noted ongoing delays in deliveries of parts and components from global suppliers and vehicles from contract manufacturers, warning that while these delays and cost increases have not yet materially affected profitability, potential escalation could impact future financial results and growth. After the reporting period, the company signed a credit agreement with CIBC for a revolving demand line of credit facility of up to three million, aimed at supporting future operations. The full report can be accessed through the link below.

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