GreenPower Motor Picks Site for EV Plant, HQ
The manufacturing facility will be right along the U.S.-Mexico border.
GreenPower Motor Co., a Vancouver, Canada-based manufacturer of electric vehicles, has picked New Mexico as the location for an advanced electric vehicle manufacturing facility.

The new 135,000-square-foot development in Santa Teresa, N.M., will become the company’s U.S. corporate headquarters and the base for its North American operations.
Under an agreement with the New Mexico Economic Development Department, GreenPower will receive a $5 million economic development award from the state and $4.6 million in job training incentive funds. In addition, the company qualified for a $1.4 million Rural Jobs Tax Credit and $3.7 million as part of New Mexico’s High-Wage Jobs Tax Credit program.
GreenPower did not respond to Commercial Property Executive’s request for additional information about the building.
READ ALSO: Why Industrial’s Booming on the Southern Border
Santa Teresa is an unincorporated community in Dona Ana County and home to the Santa Teresa Port of Entry. The community has Foreign Trade Zone designation, which reportedly was a factor in GreenPower’s site selection decision. Although it’s part of the Las Cruces Metropolitan Statistical Area, it’s geographically much closer to El Paso, Texas, than to Las Cruces.
GreenPower currently has operational facilities in Southern California and West Virginia. The company manufactures and distributes all-electric, purpose-built, zero-emission medium- and heavy-duty vehicles that serve the cargo and delivery, shuttle and transit, and school bus sectors.
Strength along the border
The El Paso industrial space market saw strong net absorption in the second half of 2025, with year-over-year performance 1.8 million square feet higher, according to a fourth-quarter report from CBRE. This level of demand reflects broader industrial market trends along the U.S.–Mexico border.
Quarter-over-quarter, the market-wide vacancy was down by 30 basis points, “trending downward for the first time since the third quarter of 2022,” CBRE reported.
At year’s end, 6.0 million square feet of industrial space were under construction, of which 5.0 million square feet were speculative.
In February, Provident Industrial, of Dallas, moved forward with its expansion of Gateway Logistics Park in El Paso. Phase 4 will add three Class A industrial buildings totaling 497,280 square feet. The first three phases comprised three buildings with a total of 921,759 square feet, all three of which have since been sold.

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