Mr. Fraser Atkinson reports

GREENPOWER ESTABLISHES ATM EQUITY PROGRAM

Greenpower Motor Company Inc. has entered into a sales agreement with Roth Capital Partners LLC to establish an at-the-market equity program (the ATM program). The company, at its discretion, may issue up to $850,000 (U.S.) of common shares of the company under the ATM program, which will be issued from treasury to the public. Any common shares sold under the ATM program will be sold at market price, or as otherwise agreed upon by the company and Roth by means of ordinary brokers' transactions on the Nasdaq Capital Market or any other existing trading market for the common shares in the United States. No common shares will be offered or sold in Canada under the ATM program. The company intends to use the net proceeds of any sales of common shares under the ATM program for the production of all-electric vehicles, including Beast school buses and EV Star commercial vehicles, as well as for product development, with the remainder, if any, for general corporate purposes.

The company is not obligated to make any sales of common shares under the sales agreement. There are no warrants, derivatives, financial or business covenants associated with the sales agreement.

The company will pay Roth a commission rate equal to 3.0 per cent of the aggregate gross proceeds from the sale of common shares pursuant to the sales agreement. The company will also reimburse Roth for certain of its expenses.

The ATM program is made pursuant to an effective shelf registration statement that has been filed with the U.S. Securities and Exchange Commission (the SEC). The prospectus supplement relating to the ATM program was filed with the SEC and is available on the SEC's website. Copies of the prospectus supplement and the accompanying prospectus relating to the ATM program may be obtained from Roth Capital Partners LLC 888 San Clemente Dr., suite 400, Newport Beach, Calif., 92660; 800-678-9147.

About Greenpower Motor Company Inc.

Greenpower designs, builds and distributes a full suite of high-floor and low-floor all-electric medium- and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo van, and a cab and chassis. Greenpower employs a clean sheet design to manufacture all-electric vehicles that are purpose built to be battery powered with zero emissions while integrating global suppliers for key components. This original equipment manufacturer platform allows Greenpower to meet the specifications of various operators while providing standard parts for ease of maintenance and accessibility for warranty requirements. Greenpower was founded in Vancouver, Canada, with primary operational facilities in Southern California.

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