{"id":1004783517,"date":"2026-01-12T05:04:40","date_gmt":"2026-01-12T13:04:40","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004783517"},"modified":"2026-01-12T05:41:41","modified_gmt":"2026-01-12T13:41:41","slug":"greenpower-motor-picks-site-for-ev-plant-hq","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/greenpower-motor-picks-site-for-ev-plant-hq\/","title":{"rendered":"GreenPower Motor Picks Site for EV Plant, HQ"},"content":{"rendered":"\n<p>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.&nbsp;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/Greenpower-school-bus.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"620\" data-attachment-id=\"1004783545\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/greenpower-motor-picks-site-for-ev-plant-hq\/greenpower-school-bus\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/Greenpower-school-bus.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Greenpower-school-bus\" data-image-description=\"&lt;p&gt;Image came with release&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;GreenPower Motor Co. manufactures and distributes all-electric vehicles that serve the cargo and delivery, shuttle and transit, and school bus sectors. Image courtesy of GreenPower Motor Co.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/Greenpower-school-bus.jpg?w=800\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/Greenpower-school-bus.jpg\" alt=\"GreenPower Motor Co. electric school buses \" class=\"wp-image-1004783545\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/Greenpower-school-bus.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/Greenpower-school-bus.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/Greenpower-school-bus.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><figcaption class=\"wp-element-caption\">GreenPower Motor Co. manufactures and distributes all-electric vehicles that serve the cargo and delivery, shuttle and transit, and school bus sectors. <em>Image courtesy of GreenPower Motor Co.<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>The new 135,000-square-foot development in Santa Teresa, N.M., will become the company\u2019s U.S. corporate headquarters and the base for its North American operations.<\/p>\n\n\n\n<p>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\u2019s High-Wage Jobs Tax Credit program.<\/p>\n\n\n\n<p>GreenPower did not respond to <em>Commercial Property Executive<\/em>\u2019s request for additional information about the building.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/why-industrials-booming-on-the-southern-border\/\">Why Industrial\u2019s Booming on the Southern Border<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>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\u2019s site selection decision. Although it\u2019s part of the Las Cruces Metropolitan Statistical Area, it\u2019s geographically much closer to El Paso, Texas, than to Las Cruces.<\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-strength-along-the-border\">Strength along the border<\/h2>\n\n\n\n<p>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 <a href=\"https:\/\/www.commercialsearch.com\/news\/whats-next-for-industrial-real-estate\/\">industrial market trends<\/a> along the U.S.\u2013Mexico border.<\/p>\n\n\n\n<p>Quarter-over-quarter, the market-wide vacancy was down by 30 basis points, \u201ctrending downward for the first time since the third quarter of 2022,\u201d CBRE reported.<\/p>\n\n\n\n<p>At year\u2019s end, 6.0 million square feet of industrial space were under construction, of which 5.0 million square feet were speculative.<\/p>\n\n\n\n<p>In February, Provident Industrial, of Dallas, moved forward with its <a href=\"https:\/\/www.commercialsearch.com\/news\/provident-industrial-breaks-ground-on-4th-phase-of-el-paso-project\/\">expansion of Gateway Logistics Park in El Paso<\/a>. 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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The manufacturing facility will be right along the U.S.-Mexico border.<\/p>\n","protected":false},"author":882,"featured_media":1004783545,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21748,21742,51973],"tags":[32789,52773],"class_list":["post-1004783517","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-industrial","category-latest","category-southwest","tag-cbre","tag-greenpower-motor-company"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GreenPower Motor Picks Site for EV Plant, HQ - 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