GreenPower to Establish New EV Factory in New Mexico, Creating 340 Jobs and $200M in Economic Impact

GreenPower Motor Company plans to open a new EV factory in southern New Mexico, creating 340 permanent jobs and generating over $200 million in economic impact. The company chose New Mexico due to the state's growing EV ecosystem, generous incentives, and Santa Teresa's designation as a Foreign Trade Zone. The new facility is expected to begin operations in Q1 2026 and support domestic manufacturing and deployment as states accelerate the shift to zero-emission transportation.