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GreenPower Motor Company is opening a new EV factory in southern New Mexico, creating 340 permanent jobs and generating $200 million in economic impact. The company chose New Mexico due to its growing EV ecosystem, generous incentives, and Foreign Trade Zone designation. The factory will support domestic manufacturing and deployment of all-electric vehicles for various markets. The state's push to electrify its fleets also played a major role in the decision, with New Mexico signing contracts to electrify over 5,000 state fleet vehicles and 5,500 school and transit buses.