GreenPower

Vancouver, Canada Founded: 2010 • Age: 16 yrs
Multiple categories of electric commercial vehicles are manufactured.

About GreenPower

GreenPower is a company based in Vancouver (Canada) founded in 2010 by Fraser Atkinson.. GreenPower has completed 1 acquisition, including Lion Truck Body. GreenPower offers products and services including BEAST, EV Star Cab & Chassis, EV Star Cargo, EV Star Passenger Van, and EV Star Refrigerated Truck. GreenPower operates in a competitive market with competitors including New Flyer Industries, The Lion Electric, EV Technology Group, ENVO and Letenda, among others.

  • Headquarter Vancouver, Canada
  • Founders Fraser Atkinson
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Greenpower Motor Company Inc.
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
    $18.65 M (USD)
    -48.84
    as on Mar 31, 2024
  • Net Profit
    $-18.04 M (USD)
    -4.93
    as on Mar 31, 2024
  • EBITDA
    $-16.26 M (USD)
    -13.13
    as on Mar 31, 2024
  • Latest Funding Round
    $18 M (USD), Post-IPO

    Nov 14, 2025

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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IPO & Listings of GreenPower

GreenPower is a publicly listed company on the TSXV with ticker symbol GPV in Canada, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: TSXV · Ticker: GPV . Sector: Consumer durables · Canada

Products & Services of GreenPower

GreenPower offers a comprehensive portfolio of products and services, including BEAST, EV Star Cab & Chassis, EV Star Cargo, EV Star Passenger Van, and EV Star Refrigerated Truck. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

All-electric bus for student transport with long range.

Base platform for electric trucks and vans.

Electric truck for mid-mile delivery services.

All-electric van for shuttle and transit use.

Electric truck for temperature-controlled transport.

People of GreenPower
Headcount 50-200
Employee Profiles 16
Employee Profiles
People
Mark Achtemichuk
Director
People
Fraser Atkinson
Ceo, Chairman And Director
People
Michael Sieffert
Chief Financial Officer
People
Brendan Riley
President And Director

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Funding Insights of GreenPower

  • Total Funding
  • Total Rounds 13
  • Last Round Post-IPO — $18.0M
  • First Round

    (03 Jul 2013)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2025 Amount Post-IPO - GreenPower Valuation

investors

May, 2019 Amount Post-IPO - GreenPower Valuation

investors

Oct, 2017 Amount Post-IPO - GreenPower Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by GreenPower

GreenPower has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lion Truck Body. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Manufacturer & supplier of automotive truck body parts
2018
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - GreenPower

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Greenpower Comparisons

Employees
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Competitors of GreenPower

GreenPower operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as New Flyer Industries, The Lion Electric, EV Technology Group, ENVO and Letenda, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Electric buses with alternative energy sources are manufactured.
domain founded_year HQ Location
Electric commercial vehicles including trucks and buses are developed.
domain founded_year HQ Location
Electric mobility vehicles are developed and EV manufacturers are acquired.
domain founded_year HQ Location
Manufactures high-quality electric bicycles and snow gliders.
domain founded_year HQ Location
Developer of electric buses
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Greenpower

Frequently Asked Questions about GreenPower

When was GreenPower founded?

GreenPower was founded in 2010 and raised its 1st funding round 3 years after it was founded.

Where is GreenPower located?

GreenPower is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.

Who is the current CEO of GreenPower?

Fraser Atkinson is the current CEO of GreenPower. They have also founded this company.

What is the annual revenue of GreenPower?

Annual revenue of GreenPower is $18.65M as on Mar 31, 2024.

What does GreenPower do?

GreenPower was founded in 2010 and is based in Vancouver, Canada. Operations focus on the electric vehicle sector, where various categories of commercial vehicles are produced. Vehicles are developed incorporating lithium-ion batteries and fast-charging capabilities. The company serves markets requiring sustainable transportation solutions in North America.

Who are the top competitors of GreenPower?

GreenPower's top competitors include The Lion Electric, New Flyer Industries and Edison Motors.

What products or services does GreenPower offer?

GreenPower offers BEAST, EV Star Cab & Chassis, EV Star Cargo, EV Star Passenger Van, and EV Star Refrigerated Truck.

Is GreenPower publicly traded?

Yes, GreenPower is publicly traded on TSXV under the ticker symbol GPV.

How many acquisitions has GreenPower made?

GreenPower has made 1 acquisition, including Lion Truck Body.

What is GreenPower's ticker symbol?

The ticker symbol of GreenPower is GPV on TSXV.

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