Greenpower Motor shares surge 19.54% after-hours on $37.5M funding from New Jersey Zip reopening.

Greenpower Motor Company Inc. surged 19.54% in after-hours trading following the announcement that its New Jersey Zip operations have reopened with $37.5 million in new funding. The injection of capital is expected to support expanded production and operational activities, signaling renewed investor confidence in the company’s growth prospects. The move aligns with the stock’s upward trajectory, reflecting market optimism over the firm’s ability to leverage the funding for scaling its electric vehicle initiatives.