GreenPower Motor Company has reached an agreement with the New Mexico Economic Development Department to establish its North American operations base and U.S. corporate headquarters in Santa Teresa. The Vancouver-headquartered electric vehicle manufacturer will occupy a 135,000-square-foot facility, expanding its existing footprint in southern California and West Virginia.
Highlights
- $200 million economic impact projected over the next decade with more than 340 jobs created
- $14.61 million in state incentives including LEDA award, job training funds, and tax credits
- Foreign Trade Zone designation in Santa Teresa enables streamlined customs and cost-effective cross-border trade
- Dealer-level pricing offered to New Mexico for Class 4 all-electric commercial vehicles
State Incentive Package
New Mexico committed substantial support for the project:
- $5 million LEDA award
- $4.6 million Job Training Incentive Program funds
- $3.65 million High-Wage Jobs Tax Credit
- $1.36 million Rural Jobs Tax Credit
Strategic Location Benefits
Santa Teresa’s Foreign Trade Zone designation proved decisive in GreenPower’s site selection. The designation provides streamlined customs processing, cost-effective trade operations, and access to the North American Development Bank for cross-border projects.
“Establishing GreenPower’s new manufacturing facility in Santa Teresa marks a significant milestone in our expansion and commitment to safe, sensible, sustainable transportation solutions,” said Fraser Atkinson, CEO of GreenPower. “This strategic move leverages the region’s highly skilled and dedicated workforce, which has long been recognized as a key driver of economic growth and innovation in southern New Mexico.”
School Bus Pilot Program
GreenPower launched New Mexico’s first all-electric school bus pilot project in 2025, deploying zero-emission buses at two Las Vegas public schools and a Santa Fe charter school. The two-year program supports the state’s Energy Transition Act goal of 100% zero-carbon electricity by 2045.
“The electric school bus pilot project was an important first step in bringing GreenPower manufacturing and their high-quality jobs to New Mexico,” said EDD Cabinet Secretary Rob Black. “The real-world data and insights we are gaining from the pilot project will help inform New Mexico’s electric school bus roll-out and specifications.”
Commercial Vehicle Offerings
GreenPower will provide dealer-level pricing to the state for its Class 4 all-electric commercial vehicle lineup:
- Box trucks
- Refrigerated trucks
- Passenger vans
- Buses
- Utility trucks
- Stakebed trucks
“We know the transportation sector is the largest contributor to greenhouse gas emissions in the nation — here in New Mexico, we want to lead on policy, manufacturing and deployment of zero emissions vehicles,” said New Mexico Secretary of Transportation Ricky Serna.
A public press conference featuring GreenPower’s commercial vehicles and school buses will take place in Santa Fe during the upcoming legislative session.
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