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    cleantech investing

    California Air Resources Board Approves GreenPower's Synapse™ Shuttle for HVIP Voucher

    Jocelyn Aspa
    Aug. 16, 2017 09:34AM PST
    Cleantech Investing

    GreenPower Motor Company (TSXV:GPV) has announced that its Synapse™ Shuttle all-electric bus has been approved by the the California Air Resources Board (CARDB) for Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) for $95,000 each. As quoted in the press release: In addition, HVIP provides increased incentives of $15,000 for fleets located in …

    GreenPower Motor Company (TSXV:GPV) has announced that its Synapse™ Shuttle all-electric bus has been approved by the the California Air Resources Board (CARDB) for Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) for $95,000 each.
    As quoted in the press release:

    In addition, HVIP provides increased incentives of $15,000 for fleets located in or serving disadvantaged communities and $10,000 for the first three buses acquired by an operator.
    The Synapse™ Shuttle is available in a 36.5 foot model with seating for up to 49 passengers or a 30 foot model with seating for up to 37 passengers. Due to the clean sheet design, users can define the interior space of the Synapse™ Shuttle to fit their requirements, including the seating, racking or festival set-up with tables. The base model has 100 kWh of batteries and can be configured with over 200 kWh of batteries depending on the duty cycle for the operator and charging needs for the bus. One of the many options includes an on-board charging system so that the Synapse™ Shuttle can take advantage of Level 2 charging systems.
    GreenPower has developed a leasing program with a specialty leasing company to facilitate the purchase of GreenPower products. In the case of a customer from the State of California acquiring a Synapse™ Shuttle with a deposit of $20,000 and the HVIP voucher they will be able to acquire a base level Synapse Shuttle with a five year lease for under $3,000 per month.
    “Utilizing GreenPower’s high floor platform, clean sheet design and monocoque body; the Synapse™ Shuttle is North America’s first purpose built all-electric shuttle bus,” said Brendan Riley, President of GreenPower. “The HVIP voucher combined with the leasing program provides an operator of a Synapse™ Shuttle all-electric bus with a significantly lower monthly cost than that of a traditional diesel or CNG shuttle bus.”

    Click here to read the full press release.

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