On October 6, 2025, GreenPower Motor Company Inc. announced that its EV Star line of all‑electric commercial vehicles is now eligible for up to $130,000 in incentives under California’s Innovative Small E‑Fleet (ISEF) Set‑Aside within the Clean Truck and Bus Voucher Incentive Project (HVIP). The incentive covers up to 90% of the new vehicle cost (excluding taxes) for small fleet operators—defined as fleets of 20 or fewer vehicles and under $15 million in annual revenue. The program is available for a range of EV Star models, including the Passenger Van, Mobility Plus, Reefer X, Cab & Chassis, Stakebed Truck, and Utility Truck.
The ISEF program reopens on October 21, 2025, with a total of $30.5 million in available incentives. GreenPower’s announcement emphasized that the vouchers are awarded on a first‑come, first‑served basis, encouraging fleet operators to act quickly to secure funding. The program’s structure allows operators to access enhanced vouchers for zero‑emission vehicle rentals, leases, truck‑sharing, and other flexible agreements, thereby expanding the market reach for GreenPower’s purpose‑built EV platform.
By qualifying for the ISEF incentives, GreenPower’s EV Star vehicles gain a competitive pricing advantage in the California market, where state mandates and funding programs drive adoption of zero‑emission commercial fleets. The eligibility is expected to accelerate sales of the EV Star lineup, support the company’s strategic focus on medium and heavy‑duty electric vehicles, and potentially improve gross margins by reducing the effective cost to customers. This regulatory development represents a significant opportunity for GreenPower to capture additional market share in a high‑growth segment.
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