GreenPower Motor Company to build EV manufacturing base in New Mexico with 14.6 million dollars in state support
By Eve
Canadian EV manufacturer GreenPower Motor Company has agreed with the New Mexico Economic Development Department to construct a new US headquarters and vehicle manufacturing facility in Santa Teresa. The state will provide 5 million dollars through the Local Economic Development Act, 4.6 million dollars via the Job Training Incentive Program for employee training, and over 5 million dollars in tax credits through Rural Jobs and High Wage Jobs programmes. The Santa Teresa site's designation as a foreign trade zone, offering streamlined customs and cost effective trade, was a key factor in the location decision.
Why it matters
The 14.6 million dollar plus incentive package signals New Mexico's push to attract EV manufacturing capacity, potentially creating a new supply base for commercial electric vehicles and charging infrastructure in the southwestern United States. Procurement teams and CPOs may see expanded domestic sourcing options and regional service networks as GreenPower scales production at the Santa Teresa facility.
Source
- Original title
- “GreenPower Motor Company to build EV manufacturing base in New Mexico”
- Published
- 9 January 2026 (date approximate)
- Updated
- 22 September 2026
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