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GreenPower Launches Electric School Bus Pilot in New Mexico

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GreenPower Launches Electric School Bus Pilot in New Mexico

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An announcement from GreenPower Motor ( (TSE:GPV) ) is now available.

On September 29, 2025, GreenPower Motor Company Inc. announced the launch of the New Mexico All-Electric, Purpose-Built, Zero-Emission School Bus Pilot Project. This two-year initiative, in collaboration with the New Mexico Economic Development Department, will deploy all-electric school buses in Las Vegas and Santa Fe schools to evaluate their performance and viability. Supported by a $5 million capital outlay from the state, the project aligns with New Mexico’s Energy Transition Act, aiming for a zero-carbon electricity supply by 2045. The pilot will provide insights into the buses’ range, charging needs, and community acceptance, potentially leading to further investments in electric transportation.

The most recent analyst rating on (TSE:GPV) stock is a Hold with a C$5.00 price target. To see the full list of analyst forecasts on GreenPower Motor stock, see the TSE:GPV Stock Forecast page.

Spark’s Take on TSE:GPV Stock

According to Spark, TipRanks’ AI Analyst, TSE:GPV is a Neutral.

GreenPower Motor’s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues and significant profitability challenges. The technical analysis suggests a bearish trend, further weighing on the score. The negative P/E ratio and lack of dividend yield contribute to a weak valuation score.

To see Spark’s full report on TSE:GPV stock, click here.

More about GreenPower Motor

GreenPower Motor Company Inc. is a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles. The company serves various markets including cargo and delivery, shuttle and transit, and the school bus sector. Founded in Vancouver, Canada, GreenPower has its primary operational facilities in southern California and is listed on the Toronto exchange and NASDAQ.

Average Trading Volume: 3,736

Technical Sentiment Signal: Sell

Current Market Cap: C$12.98M

Learn more about GPV stock on TipRanks’ Stock Analysis page.

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