GreenPower Motor Secures $18 Million Financing Facility to Boost Electric School Bus Production
GreenPower Motor Company Inc. has secured an $18 million financing facility to boost the production of its all-electric school buses. The facility, available in tranches of up to $2 million, aims to optimize cash conversion cycles and support the conversion of over $50 million in contracted orders. This move is expected to improve working-capital efficiency and aid in achieving positive cash flow and margin expansion.
GreenPower Motor Company Inc. has secured a new financing facility of up to $18 million to support the accelerated production of its all-electric school bus lineup. The facility, available in tranches of up to $2 million, is designed to optimize GreenPower’s cash conversion cycles by aligning capital deployment with production timing as the company scales output. This financing will help convert more than $50 million in contracted school bus orders, with over 130 chassis already produced to reduce production lead times, improve working-capital efficiency, and support GreenPower’s pathway toward positive operating cash flow and margin expansion. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GreenPower Motor Company Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA24746) on November 14, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
