GreenPower raises capital to expand production
By Luke Willetts - 14th October 2022
Canada / USA – The electric-powered medium and heavy-duty vehicle manufacturer, GreenPower Motor Company Inc, based in Vancouver, British Columbia, Canada has entered into an agreement with Roth Capital Partners LLC, of Newport Beach, California, to raise capital through the sale of shares through an ‘At-The-Market’ equity program (ATM program) to expand the business.
The company intends to use the net proceeds from the sale of common shares under the ATM program to expand production of its all-electric vehicles, which includes the following vehicles EV Star cab and chassis, EV Star cargo, EV Stars and school buses.