GreenPower secured a comprehensive $14.6 million financial package from New Mexico authorities to underpin its new Santa Teresa manufacturing site. This includes a $5 million award under the Local Economic Development Act (LEDA), $4.6 million in Job Training Incentive Program (JTIP) funds, a $1.36 million Rural Jobs Tax Credit and $3.65 million through the High-Wage Jobs Tax Credit. The incentives are structured to support construction, workforce development and ongoing operations, with the LEDA funds tied to specific job-creation milestones and local partnership commitments.

The 135,000-square-foot facility is expected to create 340 permanent positions over the next decade, spanning assembly technicians, quality-control inspectors and logistics coordinators. State officials estimate the project will generate more than $200 million in direct and indirect economic activity, boosting the regional supply chain and leveraging the Santa Teresa Foreign Trade Zone designation to streamline customs processes. U.S. Sen. Martin Heinrich and Doña Ana County leaders cite the facility as a catalyst for advanced-manufacturing growth in southern New Mexico.

GreenPower selected Santa Teresa for its proximity to the U.S.-Mexico border, Union Pacific and BNSF rail corridors, and access to the Santa Teresa Port of Entry. The Foreign Trade Zone status will allow the company to defer duties on imported components and optimize inventory management. Construction is slated to begin in Q1 2026, with plant possession scheduled for June 1, 2026. GreenPower aims to ramp to full production by late 2027, aligning with New Mexico’s fleet-electrification contracts covering over 5,000 vehicles and broader state zero-emission goals.