GreenPower announces plan to manufacture zero-emission buses in West Virginia
GreenPower plans to begin manufacturing zero-emission, all-electric school buses in the facility by the second half of 2022.
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CHARLESTON — GreenPower Motor Company Inc., a Vancouver-based manufacturer and distributor of zero-emission, electric-powered medium and heavy-duty vehicles, joined Governor Jim Justice in announcing that it has entered into a lease/purchase agreement for a manufacturing facility in South Charleston, West Virginia, for the purpose of manufacturing zero-emission, all-electric school buses. As part of the agreement, the state of West Virginia has committed to purchase a minimum of $15 million of GreenPower vehicles produced at the facility.
GreenPower has entered into a lease/purchase agreement with the state of West Virginia to acquire properties located in South Charleston, West Virginia totaling 9.5 acres and an 80,000 square foot building. The terms of the lease require no cash up front and monthly lease payments begin nine months after production begins. All lease payments will be applied in full to the purchase of the property. GreenPower plans to begin manufacturing zero-emission, all-electric school buses in the facility by the second half of 2022. The state will provide up to $3.5 million in employment incentive payments to GreenPower for jobs created in the State as production increases over time. Title to the properties will be transferred to GreenPower once total lease and incentive payments reach $6.7 million.
“GreenPower is pleased to announce that its zero-emission, all-electric school bus manufacturing operations are expanding east of the Mississippi River with West Virginia becoming our school bus manufacturing base of operations for the region,” Brendan Riley, President of GreenPower, said today at a press conference with state and local officials. “The state has agreed to facilitate the purchase of a minimum of $15 million in zero-emission GreenPower school buses produced at the facility. West Virginia has shown us that it is a pro-business state that has a workforce ready to take advantage of clean energy jobs.”
“As West Virginia’s economy expands and diversifies, it is important to provide skilled and high-skilled jobs to West Virginia workers for a 21st century economy,” Riley continued. “Our facility will provide both training and immediate employment opportunities with a competitive wage.”
“I would like to be the first to welcome GreenPower to West Virginia with open arms. We’re thrilled that you’ve chosen to live and work in the paradise that our state offers,” said West Virginia Governor Jim Justice. “West Virginia continues to be the best place to do business. I’m excited to help support GreenPower on this important project and for what the future holds for their great company and our great state.”