GreenPower Motor Company Inc GPcustomers in Canada can receive funding under Transport Canada’s newly launched incentive program for Medium and Heavy-Duty Zero-Emission Vehicles (iMHZEV).
Thirteen of GreenPower’s vehicle models are eligible for incentives from $75,000 up to $150,000, including the EV Star vehicle line up and shuttle buses.
The Canadian government recently announced nearly $550 million in funding for purchasing or leasing medium and heavy-duty vehicles through the iMHZEV Program.
Eligible GreenPower vehicles listed under the iMHZEV Program include the EV Star Cargo, EV Star Max seating, EV Star ADA, EV250 thirty-foot shuttle and EV350 forty-foot shuttle.
Price Action: GP shares are trading higher by 13.93% at $3.82 on the last check Wednesday.
