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GreenPower Shares Tick Higher On Purchase Order for Two Synapse 72 All-Electric School Buses

Shares of GreenPower Motor Company Inc. (TSX-Venture:GPV) (OTCQX:GPVRF) are perking higher after the company announced that it has received an order for two of its Synapse 72 all-electric school buses for the Rialto Unified School District. The order was placed through School Bus Sales of California, Inc. GreenPower expects to deliver the two buses by the summer of 2018.

Rialto operates a fleet of 68 school buses to support the transportation needs for students attending 29 elementary, middle and high schools.

As mentioned off the top, today’s news has put investors in a buying mood with TSX-Venture listed shares up 3.16% at $0.49 in early afternoon trading. Shares of GPV have been uptrending since hitting their lows in early-January.