SOURCE: GreenPower Motor Company Inc.

GreenPower Motor Company Inc.

October 27, 2016 11:49 ET

GreenPower Announces New President Brendan Riley

Electric Vehicle Veteran and former Vice-President with BYD Motors

VANCOUVER, BC--(Marketwired - October 27, 2016) - GreenPower Motor Company Inc. (TSX VENTURE: GPV) (OTCQB: GPVRF) ("GreenPower" or the "Company"), announces the appointment of Brendan Riley as GreenPower's President effective immediately.

Prior to joining GreenPower, Brendan was the North American Vice-President of Fleet Sales for BYD Motors and was in charge of strategy, tactics, support and training for selling all-electric buses, trucks, cars, and material handling equipment. During that time Brendan secured the largest privately funded contract in North America for electric buses and the largest transit bus contracts in North America two years in a row (for 25 and 36 electric buses respectively).

"It is really an exciting time for all types of electric vehicles and GreenPower has such a compelling deployment strategy and truly revolutionary products; I'm really thrilled to be part of their team!" said Brendan. "The GreenPower Battery Electric Double Decker and School buses are Game-Changers."

Brendan served two terms as the President of the Southern California chapter of the AVS for Science and Technology. He is also currently serving as an advisor on the EPRI Bus and Truck Charging Interface Group, which is the standard setting body for electric charging systems for heavy duty equipment in North America.

"We welcome Brendan's experience and leadership to GreenPower," said Fraser Atkinson, GreenPower's Chairman. "In his new role as President, he will be responsible for sales and marketing as well as the day to day operations, manufacturing, and product roadmap. His results-oriented approach and ability to think strategically will play a pivotal role in leveraging our suite of products in order to maximize the Company's growth."

About GreenPower Motor Company Inc.

GreenPower Motor Company Inc. develops electric powered vehicles for commercial markets. GreenPower offers a range of electric powered buses deploying electric drive and battery technologies with a lightweight chassis and low floor or high floor body. GreenPower's bus is based on a flexible clean sheet design and utilizes a custom battery management system and a proprietary Flex Power system for the drive motors. GreenPower integrates global suppliers for key components such as Siemens for the two drive motors, Knorr for the brakes, ZF for the axles and Parker for the dash and control systems. This OEM platform allows GreenPower to meet the specifications of various operators while providing standard parts for ease of maintenance and accessibility for warranty requirements. For further information go to www.greenpowerbus.com.

Forward-Looking Statements

This document contains forward-looking statements relating to, among other things, GreenPower's business and operations and the environment in which it operates, which are based on GreenPower's operations, estimates, forecasts and projections. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. These statements generally can be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict or are beyond GreenPower's control, such as the regulations and requirements in different jurisdictions. A number of important factors including those set forth in other public filings (filed under the Company's profile on www.sedar.com) could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place any undue reliance on such forward-looking statements. In addition, these forward-looking statements relate to the date on which they are made. GreenPower disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

© 2016 GreenPower Motor Company Inc. All rights reserved.

Contact Information

  • For further information contact:
    Fraser Atkinson
    Chairman

    (604) 220-8048