This Zero-Emission Vehicle Maker Just Scored $14.6 Million in State Incentives for Major Expansion [Globe and Mail, The (Toronto, Canada)]
GreenPower Motor Company Inc. - Common Shares (GP)
Company Research
Source: Globe and Mail, The
With aggressive fleet mandates taking effect nationwide and billions flowing into EV infrastructure, manufacturers of heavy-duty electric vehicles are strategically positioning facilities in regions offering both policy support and financial incentives to capture the transition from diesel to electric power. Shares of GreenPower Motor Company Inc. ( NASDAQ: GP ) surged on Friday after the company announced it will establish a new manufacturing facility in Santa Teresa, New Mexico, backed by $14.6 million in state financial incentives and bolstered by New Mexico's aggressive zero-emission vehicle policies. GreenPower manufactures and distributes all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving cargo and delivery markets, shuttle and transit operations, and the school bus sector. The company's decision to locate in New Mexico was driven by three strategic factors: the state's growing electric vehicle ecosystem, Santa Teresa's Foreign Trade Zone desig
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GP
News
- GreenPower Announces Closing of CIBC Financing FacilitiesPR Newswire
- GreenPower Receives $5 Million LEDA Award from the State for New Mexico Facility Plus $9.6 Million Jobs Tax Credits and Incentive Funds [Yahoo! Finance]Yahoo! Finance
- GreenPower Receives $5 Million LEDA Award from the State for New Mexico Facility Plus $9.6 Million Jobs Tax Credits and Incentive Funds [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- GreenPower Receives $5 Million LEDA Award from the State for New Mexico Facility Plus $9.6 Million Jobs Tax Credits and Incentive FundsPR Newswire
- Electric vehicle manufacturer selects New Mexico for new manufacturing facility, US headquarters [Yahoo! Finance]Yahoo! Finance
GP
Earnings
- 8/18/25 - Beat
GP
Sec Filings
- 1/14/26 - Form 6-K
- 1/9/26 - Form 6-K
- 1/9/26 - Form 6-K
- GP's page on the SEC website