GreenPower Regains Compliance with Nasdaq's Equity Requirement

VANCOUVER, BC, Feb. 16, 2026 /PRNewswire/ -- GreenPower Motor Company Inc. (Nasdaq: GP) ("GreenPower" and the "Company"), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced that the Company has received formal notice from The Nasdaq Stock Market LLC ("Nasdaq") confirming that the Company has regained compliance with Nasdaq Listing Rule 5550(b)(1), the "Equity Rule," and otherwise satisfies all applicable criteria for continued listing on The Nasdaq Capital Market. "Over the past few months GreenPower has completed a series of transactions including raising new capital with an equity offering of Series A Convertible Preferred Shares for up to $18 million,  term loans of $5 million and a new banking relationship with CIBC including a line of credit and term loan.

PRNewsWire • Feb 16, 2026

GreenPower Reports Revenue of $8.5 million and Net Income of $4.2 million for Third Quarter

VANCOUVER, BC, Feb. 12, 2026 /PRNewswire/ -- GreenPower Motor Company Inc. (Nasdaq: GP) ("GreenPower" and the "Company"), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today reported revenue of $8.5 million and net income of $4.2 million as a part of its financial results for the period ended December 31, 2025. "Despite significant headwinds in the EV sector in general, GreenPower has made substantial strides with its transition from building EVs on spec.

PRNewsWire • Feb 13, 2026

GreenPower Announces Closing of CIBC Financing Facilities

VANCOUVER, BC, Jan. 14, 2026 /PRNewswire/ -- GreenPower Motor Company Inc. (Nasdaq: GP) ("GreenPower" or the "Company"), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced that it has closed the previously announced credit approval from CIBC for US$5 million in financing facilities, comprised of a US$3 million revolving line of credit and a US$2 million term loan with a three year term. Two directors of the Company (the "Guarantors") have provided joint and several personal guarantees of up to US$5 million in support of the CIBC financing facilities, and the Company has granted the Guarantors warrants and shares as an incentive for providing the personal guarantees.

PRNewsWire • Jan 14, 2026

GreenPower Receives $5 Million LEDA Award from the State for New Mexico Facility Plus $9.6 Million Jobs Tax Credits and Incentive Funds

Company Cites Electric Vehicle Ecosystem, Foreign Trade Zone & Financial Incentives as Reasons for New Mexico Facility SANTA TERESA, N.M., Jan. 9, 2026 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) ("GreenPower" or the "Company") a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today cited New Mexico's electric vehicle ecosystem, the Santa Teresa Foreign Trade Zone designation and financial incentives offered by the state as reasons the Company has announced plans to open a manufacturing facility in New Mexico.

PRNewsWire • Jan 9, 2026

GreenPower Motor Company Chooses New Mexico for Advanced EV Manufacturing Facility

State to provide assistance for strategic investment that will create more than 340 jobs and generate over $200 million in economic impact while supporting state's energy goals Governor Michelle Lujan GrishamEDD Cabinet Secretary Rob BlackEDD Deputy Cabinet Secretary Isaac RomeroGreenPower CEO Fraser AtkinsonGreenPower President Brendan Riley SANTA FE, N.M., Jan. 8, 2026 /PRNewswire/ -- Electric vehicle manufacturer GreenPower Motor Company (NASDAQ: GP) today announced they have reached an agreement with the New Mexico Economic Development Department (EDD) to establish operations in Santa Teresa, NM.

PRNewsWire • Jan 8, 2026

GreenPower Announces US$10 Million Financing and US$2.95 Million in Standby Letter of Credit Facilities

VANCOUVER, BC, Jan. 8, 2026 /PRNewswire/ -- GreenPower Motor Company Inc. (Nasdaq: GP) ("GreenPower" or the "Company"), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced that it has received credit approval from CIBC for $5 million in financing facilities, comprised of a $3 million revolving line of credit and a $2 million term loan with a three year term. Additionally, the Company has received credit approval from CIBC to enter into a letter of credit of $450,000, secured by cash collateral, and a letter of credit facility of up to $2.5 million, which is subject to approval from another financial institution.

PRNewsWire • Jan 9, 2026

California HVIP Incentive Program Reopens December 16th - GreenPower's EV Star Products Eligible for up to $130,000 of Incentives

LOS ANGELES , Dec. 16, 2025 /PRNewswire/ -- GreenPower Motor Company Inc. (Nasdaq: GP) ("GreenPower"), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced that its EV Star line of products are eligible for up to $130,000 in incentives under the Clean Truck and Bus Voucher Incentive Project (HVIP). The HVIP program reopened today with more than $140 Million in available incentives.

PRNewsWire • Dec 16, 2025

New Jersey ZIP Reopens with $37.5 Million in New Funding

GreenPower's EV Star Line-up Eligible for more than $90,000 in Incentives HAINESPORT, N.J. , Nov. 24, 2025 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) ("GreenPower"), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced that its EV Star line of products are eligible for incentives under the reopened New Jersey Zero-Emission Incentive Program (NJ ZIP).

PRNewsWire • Nov 24, 2025

GreenPower Improves Balance Sheet by $6.8 Million

LOS ANGELES , Nov. 20, 2025 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) ("GreenPower" or the "Company") a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced that it has entered into an agreement whereby more than $6 million in deposits that had been made to GreenPower for the manufacture of EV Star Cab & Chassis will be retained by GreenPower with no further obligation to deliver vehicles.  GreenPower received advance payments to manufacture EV Star Cab & Chassis and these deposits were recorded as deferred revenue until delivery of the vehicles was accepted.

PRNewsWire • Nov 20, 2025

GreenPower Announces Preferred Share Financing for up to $18 Million

LOS ANGELES , Nov. 14, 2025 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) ("GreenPower" or the "Company"), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced it has entered into a Securities Purchase Agreement (the "Agreement") for the issuance of up to US$18 million of Series A Convertible Preferred Shares (the "Financing") through a facility with an institutional investor. Pursuant to the Financing, the Company has issued the initial tranche of (i) 754 Series A Convertible Preferred Shares pursuant to an effective shelf registration statement (the "Public Offering") and (ii) 425 Series A Convertible Preferred Shares in a concurrent private placement with a total stated value of $1,179,000 and purchase price of $1,120,050 with a follow-on tranche of 926 Series A Convertible Preferred Shares with a stated value of $926,000 and purchase price of $879,700 pursuant to a registration statement to be filed at a later date.

PRNewsWire • Nov 14, 2025