Brief: Greenpower Says Plans To Be Manufacturing All-Electric School Buses In West Virginia Facility By H2 2022

GreenPower Motor

12/01/2022 15:00

Jan 12 (Reuters) - GREENPOWER:
    * GREENPOWER - AS PART OF AGREEMENT, THE STATE OF WEST
VIRGINIA
COMMITTED TO BUY A MINIMUM OF $15 MILLION OF GREENPOWER VEHICLES
PRODUCED AT FACILITY
    * GREENPOWER - ENTERED LEASE/PURCHASE AGREEMENT FOR A
FACILITY IN
SOUTH CHARLESTON, WEST VIRGINIA, TO MANUFACTURE ALL-ELECTRIC
SCHOOL BUSES
    * GREENPOWER - WEST VIRGINIA TO PROVIDE UP TO $3.5 MILLION
IN
EMPLOYMENT INCENTIVE PAYMENTS TO CO FOR JOBS CREATED IN THE
STATE AS PRODUCTION RISE OVER TIME
    * GREENPOWER - PLANS TO BE MANUFACTURING ALL-ELECTRIC SCHOOL
BUSES
IN WEST VIRGINIA FACILITY BY SECOND HALF OF 2022


 ((Reuters.Briefs@thomsonreuters.com;))