GreenPower Motor Company Announces TSX Delisting to Enhance Operational Efficiency and Growth

GreenPower Motor Company's Strategic Delisting: A Focus on Operational Efficiency

GreenPower Motor Company Inc., a leader in all-electric, zero-emission medium and heavy-duty vehicles, announces its voluntary delisting from the TSX Venture Exchange, set for November 14, 2025. This decision is part of a broader strategy to enhance operational efficiencies and better align the company’s resources with its growth initiatives. The move follows a comprehensive evaluation of trading volumes, revealing that less than 2% of the company's trading activity occurred on the TSX during the first nine months of 2025, compared to its more robust presence on NASDAQ. By stepping away from the TSX, GreenPower aims to reduce regulatory and compliance expenses, allowing for a sharper focus on markets that promise greater shareholder value.

By delisting from the TSX, GreenPower reinforces its commitment to operational excellence. The company is keenly aware that maintaining a lean operational framework is crucial in the highly competitive electric vehicle sector. The decision allows GreenPower to allocate its resources more effectively towards innovation and market expansion, particularly in producing its diverse range of electric vehicles, such as transit buses, school buses, and cargo vans. The emphasis on clean-sheet designs and battery-powered solutions positions GreenPower as a forward-thinking player in the transportation industry, catering to the increasing demand for sustainable and environmentally friendly vehicles.

The company assures its shareholders that their ownership status will not be affected by this transition, and it will continue its NASDAQ listing, ensuring that trading remains accessible. GreenPower also emphasizes its commitment to transparency and regulatory compliance by maintaining its status as a reporting issuer under Canadian securities laws. This careful approach to transitioning away from the TSX is aimed at fostering a long-term outlook that prioritizes sustainable growth and value creation for shareholders.

In addition to its strategic delisting, GreenPower's focus on innovation within the electric vehicle market is evident. The company's dedication to producing zero-emission vehicles aligns with global trends toward sustainability and environmental responsibility. As cities around the world increasingly seek to reduce their carbon footprints, GreenPower's products are well-positioned to meet these needs.

As the transition unfolds, GreenPower advises shareholders to consult their brokers or financial advisors to navigate trading options and account adjustments. The company's proactive measures signal a commitment to not only enhancing operational efficiency but also to delivering long-term value within the electric vehicle industry.