February 29, 2024

VANCOUVER, BC, Feb. 13, 2024 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, has entered into a revolving loan agreement with Export Development Canada ("EDC") for up to $5 million (the "Facility") to fund all-electric vehicle production pursuant to customer orders. The Facility expands EDC's support to GreenPower beyond its existing letter of credit guarantee.

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