GreenPower plans 50 shuttles. GreenPower stock sits 90.53 percent below its high

Published on 10/14/2026 at 06:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GreenPower planned 50 buses with a partner on October 13, 2026. GreenPower stock sat 90.53 percent below its high that day.

GreenPower expands Mexico plans

GreenPower announced plans for 50 shuttle buses with a strategic partner on October 13, 2026.
The partner has secured more than USD 2.5 billion for electric mobility projects.
A 1-for-5 share consolidation was proposed on October 5, 2026.

GP, CA39540E4013, Illustration mit AI erstellt.

GreenPower Motor Company (ISIN CA39540E4013) plans an initial 50 all-electric shuttle buses with a strategic partner, according to StockTitan on October 13, 2026. GreenPower stock was 90.53 percent below its 52-week high of USD 3.38 at the latest quoted USD 0.32 level dated October 13, 2026.

What does the bus plan include?

The planned vehicles will use GreenPower's EV Star Cab and Chassis platform, with body assembly slated for Mexico and preparation and staging potentially handled at the company's planned New Mexico facility. TradingView reported that the partner had secured more than USD 2.5 billion for electric mobility projects, while the announcement did not describe that amount as funding committed to GreenPower.

The EV Star Cab and Chassis is designed for a carrying capacity of 7,000 pounds and a range of up to 150 miles on one charge. The announcement therefore combines a defined initial build of 50 buses with a broader market-entry plan, rather than a reported completed delivery.

Three dated corporate steps

On September 18, 2026, GreenPower converted 324 Series B preferred shares into 244,201 common shares, according to FinanzNachrichten. On October 5, 2026, the company proposed a 1-for-5 share consolidation to address Nasdaq's USD 1.00 minimum bid requirement, as reported by FinanzNachrichten. The October 13 shuttle-bus plan is the latest of the three events.

How does Mexico change the opportunity?

GreenPower says the partnership can support localized vehicles for Mexican customers and extend sales beyond its traditional United States and Canada markets. That geographic ambition is paired with a vehicle platform carrying 7,000 pounds and offering up to 150 miles of range, giving the expansion a concrete product specification.

Stock context after the latest plan

On Nasdaq, GP was last at USD 0.32 on October 13, 2026 at 4:00 p.m. EDT. The quotation stood 90.53 percent below its USD 3.38 52-week high, while the 52-week low was USD 0.32.