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GreenPower Motor Company Chooses New Mexico for Advanced EV Manufacturing Facility

GP
  • GreenPower Motor Company has reached an agreement with the New Mexico Economic Development Department to establish operations in Santa Teresa, NM.
  • The new 135,000 sq. ft. facility will serve as the company's North American operations base & US corporate headquarters.
  • The project is estimated to generate over $200 million in economic impact for New Mexico over the next decade while creating more than 340 jobs.
  • GreenPower will receive a $5 million LEDA award, $4.6 million in job training incentive funds, a $1.36 million Rural Jobs Tax Credit, & $3.65 million under the High-Wage Jobs Tax Credit program.
  • Santa Teresa's Foreign Trade Zone designation was a key factor in the decision due to streamlined customs, cost-effective trade, & access to the North American Development Bank.
  • The company previously launched New Mexico's first all-electric, zero-emission school bus pilot project in 2025 at three schools.
  • New Mexico officials emphasize that this investment supports the state's Energy Transition Act goal of achieving 100% zero-carbon electricity by 2045.
  • GreenPower will offer dealer-level pricing to the state for a lineup of Class 4 all-electric commercial vehicles including box trucks, buses, & utility trucks.
  • A public press conference featuring the company's zero-emission vehicles is scheduled for Santa Fe during the state's upcoming legislative session.