#United States #Los Angeles #GreenPower #EV Star #ISEF Program

California's Innovative Small E-Fleet Program Reopens Soon

The Innovative Small E-Fleet (ISEF) program in California is set to reopen on October 21st, 2025, presenting a tremendous opportunity for small fleet operators looking to invest in zero-emission electric vehicles. This program, which is part of the Clean Truck and Bus Voucher Incentive Project (HVIP), allows qualifying companies to receive up to $130,000 in incentives for GreenPower's all-electric EV Star vehicles. With $30.5 million in incentives available, the focus is on maximizing the transition to cleaner transportation options.

GreenPower Motor Company’s EV Stars

GreenPower Motor Company, a prominent innovator in electric vehicle manufacturing, boasts a dynamic range of all-electric vehicles specifically designed for versatility in various sectors. Their lineup includes medium and heavy-duty cars that can cater to the cargo, transit, and school bus markets. Notable models eligible for these incentives include the EV Star Passenger Van, EV Star Mobility Plus, and the EV Star ReeferX.

Benefits for Small Fleet Operators

The ISEF program is tailored for small businesses operating 20 or fewer vehicles with annual revenues below $15 million. It actively encourages these operators to secure government incentives that can cover as much as 90% of the costs of new vehicles, excluding taxes. This initiative not only promotes sustainability but also reinforces the accessibility of modern electric solutions for smaller enterprises. GreenPower’s President, Nahui Olin, noted, “GreenPower has a full lineup of commercial all-electric, purpose-built, zero-emission vehicles to meet customer needs.” This includes vehicles adaptable for both cargo delivery and passenger services, enhancing the ability for businesses to transition seamlessly to more eco-friendly options.

Fast-Claim Process for Incentives

It’s critical for eligible operators to prepare ahead of October 21st. The funding will be disbursed based on a first-come, first-served basis, which emphasizes the urgency of acting quickly. Companies interested in taking advantage of these funds must be ready to submit their voucher requests as soon as the program restarts. GreenPower encourages potential applicants to reach out immediately to obtain the Small Fleet Required Information checklist.

Financial Updates and Market Performance

In addition to the announcement of the ISEF program, GreenPower provided insights into its market performance. For the quarter ending September 30, 2025, the company successfully issued 77,202 common shares through the Nasdaq exchange, raising $357,132 in gross proceeds. This reflects an average share price of $4.63 per share, as they continue to demonstrate growth and resilience in a competitive landscape.

“GreenPower is ready to work with customers and their vehicle upfitters to personalize vehicles according to client requirements,” said Olin. This flexibility, combined with our cutting-edge technology, positions GreenPower as a leader in the green transportation space.

Join the Movement Towards Zero Emission

The reopening of the ISEF program is a timely reminder of the important role that electric vehicles can play in reducing emissions and promoting sustainable business practices. Companies that are poised to leverage these incentives will not only experience cost savings but can also contribute to a greener future for all. As the demand for electric vehicles continues to surge, GreenPower Motor Company stands at the forefront, providing innovative solutions to meet the challenges of modern transportation. Don't miss this chance—act swiftly to secure your benefits and be part of the transition toward zero emissions.