The newly-hired team members have already trained, worked on and delivered GreenPower vehicles to customers in the region,” said Fraser Atkinson, CEO of GreenPower. With the completion of each contract GreenPower has the completed inventory to schedule deliveries.”Second Quarter HighlightsGenerated record revenues of $7,726,461 in the second quarter, an increase of 67% over the revenue of $4,629,371 for the second quarter in the previous year and double the revenue of $3,851,105 in the first quarter. “GreenPower started delivery of the EV Star Cab and Chassis to Workhorse during the second quarter,” stated Brendan Riley, President of GreenPower. Second Quarter 2023 Financial SummaryRecorded revenues in the quarter of $7,726,461 in the second quarter an increase of 67% over the revenue of $4,629,371 for the second quarter in the previous fiscal year. Inventory on September 30, 2022 includes $27.5 million of finished goods inventory primarily representing EV Star Transit +, EV Star Cab and Chassis, EV Stars, EV Star Cargo and both BEAST and Nano BEAST school buses.
Mar 04 2023
Feb 07 2023