GreenPower Reports Fiscal First Quarter 2021 Financial Results

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GreenPower Motor Co. (GP) Reports Q1 Revenues of $2.27M

August 31, 2020 4:05 PM EDT

GreenPower Motor Co. (NASDAQ: GP) reported Q1 revenue for the quarter came in at $2.27 million.

Highlights of the first quarter:

Reported revenue of $2.27 million generating a gross profit of 27.2% of revenueDelivered 18 EV Stars to Green Commuter for which GreenPower provided lease financingAntelope Valley Transit deployed 8 EV Stars for their new micro transit serviceGreenpower's distributor Creative Bus Sales received an order for two EV Stars from UCLAReceived final Altoona test report for the EV Star, achieving the highest score ever in its weight class of... More