GreenPower Motor Company Inc., a leading manufacturer of all-electric, zero-emission medium and heavy-duty vehicles, has announced plans to open a new manufacturing facility in Santa Teresa, New Mexico. The decision was influenced by New Mexico's strong electric vehicle ecosystem, the Santa Teresa Foreign Trade Zone designation, and significant financial incentives from the state. GreenPower will benefit from a $14.6 million strategic investment, including funds from the New Mexico Local Economic Development Act (LEDA), job training initiatives, and tax credits. The expansion is expected to create 340 permanent jobs and contribute to economic development and the growth of zero-emission transportation in the region.
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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001062993-26-000147), on January 09, 2026, and is solely responsible for the information contained therein.
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