Electric vehicle manufacturer GreenPower Motor Company signed an agreement last week with the state of West Virginia to begin producing zero-emission, all-electric school buses in a new manufacturing facility, and said the state has committed to buying at least $15 million of the vehicles produced there.
GreenPower and West Virginia Gov. Jim Justice held a press conference last week to announce the deal, which includes a lease/purchase agreement for a 9.5-acre property with an 80,000-square-foot building in South Charleston. Terms of the agreement require no cash up front and monthly lease payments to begin nine months after production is online, GreenPower said.