GreenPower Motor Company, a leading manufacturer and distributor of zero-emission, electric-powered medium- and heavy-duty vehicles, recently announced that it has entered into an exclusive purchase agreement related to cutaway minibuses and Type B and C recreational vehicles with Forest River for up to 150 GreenPower EV Star Cab and Chassis. The purpose-built all-electric EV Star CC will be used in a new line of Forest River zero-emission product offerings. Greenpower expects to deliver the first six units this quarter, with the remainder expected to be delivered over the next 36 months at a run rate that will be determined by Q3 2021.
Forest River, a Berkshire Hathaway company, is a leading manufacturer in the cutaway bus, motorhome, and truck industries, which celebrated the delivery of its 100,000th bus in July 2020. Forest River has more than 10,000 employees and annual revenues in excess of $5 billion. It is anticipated that the initial deliveries of the EV Star CC units will be directed at the cutaway shuttle bus, commercial truck, and recreational vehicle markets.
GreenPower President Brendan Riley commented, "Forest River is a forward-thinking company that is looking to solidify their market position long into the future by adding a purpose-built, zero-emission offering to many of their product lines. The EV Star Cab and Chassis meets the demands of many of their addressable markets and allows Forest River to focus on what they are experts at: building bodies."
David Wright, president of Forest River's bus divisions added, "Forest River has been looking for a purpose-built all-electric chassis that has the range and the carrying capacity that our customers and dealers demand. Zero-emission vehicles are where the markets are going, and the GreenPower EV Star CC gives us the flexibility to address a variety of unmet needs in the commercial market."
Forest River bus brands include Battisti Customs, Berkshire Coach, Champion, ElDorado, Elkhart Coach, Glaval Bus, Starcraft Bus, and StarTrans Bus.
"At GreenPower, we view this as a tremendous opportunity to enter a relationship with one of the most highly respected and largest volume names in the industry,” said Ryne Shetterly, vice president of sales and marketing at GreenPower. “Our EV Star CC will now have representation in select Forest River distribution channels and the amount of value that brings to GreenPower is tremendous.”