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GreenPower’s New Mexico Facility Signals Major EV Expansion With $200M Economic Impact
Market Chameleon (Fri, 9-Jan 4:51 AM ET)
GreenPower Motor Co Inc is the manufacturer and distributor of all-electric charter, school, and city buses. The company offers electric-powered transit buses deploying electric drive and battery technologies with a lightweight chassis and low-floor body. Its product line includes all-electric transit buses, all-electric school buses, and shuttle buses. The company's buses depend on clean sheet design and utilize a custom battery management system and a proprietary flex power system for the drive motors. Geographically, the company generates a majority of its revenue from the United States of America and the rest from Canada.
Greenpower Motor Company - Common Shares trades on the NASDAQ stock market under the symbol GP.
As of June 10, 2026, GP stock price was flat at $1.08 with 72,294 million shares trading.
GP has a beta of 1.93, meaning it tends to be more sensitive to market movements. GP has a correlation of 0.05 to the broad based SPY ETF.
GP has a market cap of $5.43 million. This is considered a Sub-Micro Cap stock.
Last quarter Greenpower Motor Company - Common Shares reported $8 million in Revenue and $1.32 earnings per share. This fell short of revenue expectation by $-495,000 and exceeded earnings estimates by $1.96.
In the last 3 years, GP traded as high as $60.50 and as low as $.74.
GP has underperformed the market in the last year with a return of -74.6%, while the SPY ETF gained +22.9%. In the last 3 month period, GP fell short of the market, returning +3.3%, while SPY returned +7.8%. However, in the most recent 2 weeks GP has outperformed the stock market by returning +0.9%, while SPY returned -2.8%.
GP support price is $1.04 and resistance is $1.12 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GP shares will trade within this expected range on the day.
