Financial PerformanceGP remains one of the few with positive gross margins.
Order Book And DeliveriesGP expects to deliver almost all of the existing orders for 37 large electric school buses to school districts in West Virginia, and announced plans to deliver 88 electric school buses in FY25, more than double the 41 electric school bus deliveries in FY24.
Strategic Production PlanGP's shift to a production plan driven by orders should free up working capital and allow the business to be more agile in managing production to order flow.