- GreenPower Motor Company Inc (NASDAQ:GP) customers 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.
Cathie Wood Picks Apart Fed’s Hawkish Policy Again: ‘Elon Musk, Jeff Gundlach Echoed Our Concerns About Deflation Risk’
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