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  "documentTitle": "GreenPower Motor Company (GP)",
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  "authorName": "White Diamond Research",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2020-12-01 00:00:00",
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  "notes": "The slide uses a 'villain critique' style to undermine the company's public relations claims.",
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      "kind": "callout",
      "text": "Therefore, GreenPower can't receive any federal funding, like from the FTA. None of GreenPower's buses have ever been purchased with federal funding.",
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      "text": "THE BEAST TYPE-D ELECTRIC SCHOOL BUS",
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      "text": "First, GreenPower submitted this bus and didn't pass the California Energy Commission's (CEC) technical evaluation. The BEAST is a Type-D school bus, as shown on GreenPower's website:",
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      "text": "On 11/13/20, GreenPower announced the sale of six electric school buses, the BEAST model, to the Thermalito Union Elementary School District. This PR is misleading as further research shows that this sale isn't final yet. There's also more to the story that hasn't been told.",
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      "text": "However, this is of no help to GreenPower. The CARES Act gives transit agencies more flexibility and greater reimbursement during COVID. CARES Act funds are administered by the Federal Transit Administration (FTA). All federal funding for electric buses requires Buy America compliance. Therefore, GreenPower can't receive any federal funding, like from the FTA. None of GreenPower's buses have ever been purchased with federal funding.",
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      "text": "Source: energy.ca.gov",
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      "text": "GreenPower's Recent Announced Sale of Six School Buses Isn't What It Seems",
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