GreenPower Improves Balance Sheet by $6.8 Million

LOS ANGELES, Nov. 20, 2025 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) ("GreenPower" or the "Company") a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced that it has entered into an agreement whereby more than $6 million in deposits that had been made to GreenPower for the manufacture of EV Star Cab & Chassis will be retained by GreenPower with no further obligation to deliver vehicles. 

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