GreenPower designs, manufactures, and sells all-electric medium and heavy-duty commercial vehicles. The company’s core offerings include the BEAST and Nano BEAST lines of purpose-built school buses and the EV Star platform, which provides Class 4 vehicles for cargo, delivery, and transit use. GreenPower sells directly to school districts, government agencies, and commercial fleet operators in the U.S. and Canada, while also utilizing a dealer network. The business model generates revenue through vehicle sales recognized upon delivery. Demand for these vehicles is primarily driven by government zero-emission mandates and subsidies, such as the EPA Clean School Bus Program, which lower the purchase price for customers. GreenPower employs an asset-light production strategy, using contract manufacturers in Asia for initial component production and performing final assembly at its own facilities in California and West Virginia. Recently, GreenPower shifted its focus toward the school bus market following the loss of its largest commercial customer, Workhorse. The company is now redeploying its existing vehicle chassis inventory into specialized products like refrigerated trucks and cargo vans. To support this transition, GreenPower is expanding its dealer coverage and reducing its operating cost base through facility consolidation and headcount reductions.