green mobility is dedicated to creating electric vehicles that fulfill their promises of safety and reliability. Their first product is the EV Star chassis and cab that is a class 4 battery electric vehicle that offers the ideal platform for bus, truck and vocational body builders to put their bodies on.
GreenPower's Clean Sheet Design
GreenPower offers a unique, all-aluminum, class 4 battery electric chassis and Cab. This platform isn't just the basis for the company's EV Star Mobility Plus all-aluminum body minibus, but also an OEM platform that allows bus, truck and vocational vehicle builders to place their bodies on it in order to create specific vehicles that meet their specific needs.
Greenpower's clean-sheet design strategy allows for the best battery location and weight distribution. This allows it to accommodate more energy sources and also provide greater range and set the standard for zero-emission student transport. This is a key differentiator in comparison to traditional Type A school buses which are usually body-on-chassis.
The BEAST is a 40-foot fully compliant, zero emission Type D electric school bus with seating for up to 90 passengers and a unified aluminum body with a high-strength steel truss chassis. Its crash-proof flat floor allows for tracking and dual port charging, which supports both DC and Level 2 fast charging.
This purpose-built chassis allows Greenpower to maximize space for students and cargo which is crucial for the future of freight and passenger transport. The light and durable body of the BEAST also aids in reducing maintenance costs.
In addition to the BEAST, Greenpower is also introducing its EV Star Cargo and EV Star Passenger Vans. These specially designed vehicles can be used for a variety of applications including paratransit, micro-transit, executive shuttles, vanpools and cargo delivery.
In the quarter, GreenPower delivered 11 BEAST Type D all-electric school buses as well as six EV Star Cargo and EV Star passenger vans. In addition, GreenPower received an $18.5 million EPA-funded contract for 50 BEAST Type D electric school buses in West Virginia. This significant contract win shows the market demand for GreenPower's vehicles and allows the company to expand its growth.
Greenpower's fleet electric vehicles are designed to reduce operating costs, minimize maintenance costs and improve the safety of drivers. Greenpower will exhibit its BEAST Type D and EV Star cargo and passenger vehicles at the NYC Fleet Show October 29-31. Visit booth #429 for more information.
GreenPower's Technology
GreenPower's sustainable business practices and products are based on its technology. GreenPower's primary focus is zero emissions vehicles, which are in line with global regulations aiming to reduce the amount of air pollution and greenhouse gases. The electric vehicles manufactured by the company are designed to be used in a wide spectrum of markets.
GreenPower is not without its difficulties. One of the most significant is the fact that it relies on a few major suppliers of critical components, including lithium-ion batteries. This presents operational risks since disruptions in the supply chain can alter the timeframes for production. Additionally, GreenPower's high manufacturing costs limit the market's penetration and can impact profitability.
The company also faces the challenge of a lack of charging infrastructure. GreenPower's sustainability goals could be hindered by the absence of a robust network of charging stations. Consumers are unlikely to purchase a vehicle powered by electricity when they don't have access to charging stations.
GreenPower is able to overcome these obstacles by harnessing technology to enable future expansion. The company could, for instance expand its product line to include electric delivery as well as freight trucks. This would add to its existing range of scooters, which could be used for urban and last-mile transportation applications.
GreenPower's battery-free switch sensors are able to power a variety of devices throughout their entire life-cycle, thereby eliminating the need for batteries. The sensors generate electricity using the kinetic energy of the device and can last for 10 years without needing maintenance. These sensors are ideal for reducing the cost of smart home technology as well as increase the efficiency of commercial settings in terms of energy consumption.
The leadership team of the company has extensive experience in both the electric and automotive vehicles sectors. Their collective expertise allows GreenPower to navigate the maze of the industry and ensure that the company's strategic goals are realized. GreenPower's wireless technology is compatible with the Zigbee protocol, which allows it to work with devices from the top brands.
GreenPower's EV Star Utility Truck is an effective device for fleet operators looking to increase efficiency and reduce environmental impact. The vehicle is able to be fitted with a wide range of bodies and be used in a wide range of applications. The truck is also equipped with a plug-in hybrid system that is powered by batteries, allowing further fuel savings.
GreenPower's Vehicles
GreenPower Motor Company designs and builds a full suite of electric heavy-duty and medium-duty vehicles like school buses, transit shuttles, buses cargo vans, cab and chassis. green mobility use an approach to design that is clean and simple and integrate global suppliers of crucial components. They are designed specifically to run on batteries and have zero emissions, and they are designed to be the most secure and most durable vehicles available.
The company's EV Star utility truck is built for mid to last-mile delivery of temperature-sensitive goods. The truck has an 8,000-pound payload capacity as well as the range can reach up to 150 miles. Its clean-sheet design facilitates an optimal placement of the battery pack and enables it to have a better battery weight distribution than conventional trucks.
In June 2024, GreenPower launched the EV Star REEFERX, a state-of-the-art all-electric refrigerated truck for fleets that need to transport temperature-sensitive goods efficiently. The brand new EV Star REEFERX features an advanced cooling system, proprietary battery management systems, and an integrated driver's interface. This lets operators monitor real-time performance, including the status of the vehicle as well as energy consumption.
In the last quarter GreenPower's marketing and sales team attended a number of important industry expos that showcased the company's products. The EV Star REEFERX was featured at the NYC Fleet Show as well as the Advanced Clean Transportation Expo. The company also took part in the School Transportation Director Summit. This two-day conference is a networking and learning opportunity that brings together leaders from private and school districts. fleet managers, as well as OEMs and industry suppliers.
GreenPower's revenue increased by 78% over the last quarter, due to the increased participation at these events. GreenPower delivered 101 vehicles in the first quarter of this year, including 84 EV Star CC units for Workhorse Group as well as six EV Star Cargo or EV Star Cargo Plus models. The company also delivered eleven BEAST Type D electric school buses as well as five EV Star vans with ADA-features.
The EV Star Cab & Chassis from the company is an all-electric platform that can be customized to fit an array of applications. The chassis and cab have the capacity to carry 7000 pounds, with a range of up to 150 miles and are designed to meet the diverse needs of a variety of customers. The EV Star can be equipped with different batteries, based on the specific application. It offers a variety of incentives from the federal government as well as state governments to encourage its use.