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  "documentTitle": "GreenPower Motor Company (GP)",
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  "presentationDate": "2020-12-01 00:00:00",
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  "notes": "This is a research note presenting investigative findings and allegations of fraud regarding manufacturing origin.",
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      "text": "Since GreenPower’s Buses Are Manufactured Overseas, Therefore They Aren’t Buy America Compliant",
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      "text": "In GreenPower's October 2020 Investor Presentation, it says several times that the company is Buy America compliant. On page 6 it states:",
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      "text": "If you would like me to send you our research and the pictures of the inside of GreenPower's warehouse, I'd be happy to.\"",
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      "text": "\"...requires that transit buses acquired with federal public transportation funding undergo final assembly in the United States and at least 65% of the cost be manufactured domestically. This threshold rises to 70% for buses delivered in FY2020 or later.\"",
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      "text": "Our source confirmed this in GreenPower's warehouse, and it is true. There isn't any heavy machinery in their warehouse. All they do is sometimes install seats and wheelchair ramps in the buses. The source asked the warehouse manager where they integrate the parts, and he responded \"oh, that's all done in China\". We have pictures that the source took in the warehouse, as well as side by side images of GreenPower's bus and the Chinese company bus, they are exactly the same except for the GreenPower logo.",
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      "text": "GreenPower has never sold a Buy America compliant vehicle. The Buy America Act is a government subsidy program that pays for goods that the public uses. Buses fall into this category. This government report from August 2018 explains specifically how the Buy America requirements affect the electric bus market. It states:",
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      "text": "We also sent a letter to the California HVIP. If this letter fails to gain traction, we plan to send this story to California news publications. We sent a letter alerting California's Attorney General, Xavier Becerra with the same message.",
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      "text": "“oh, that's all done in China” — Warehouse manager (as reported by source). “...requires that transit buses acquired with federal public transportation funding undergo final assembly in the United States and that at least 65% of the cost be manufactured domestically. This threshold rises to 70% for buses delivered in FY2020 or later.” — Government report (August 2018).",
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