GreenPower Motor Company Inc.

Good day, and welcome to the Green Power Motor Company, Inc. Second Quarter Earnings Call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then one on your touch-tone phone. To withdraw your question, please press star, then two. Please note this event is being recorded. I would now like to turn the conference over to Michael Seifert, Green Power's Chief Financial Officer. Please go ahead.

Thank you. This is Michael Seifert, the Chief Financial Officer of Green Power Motor Company. I would like to welcome everyone to our call to discuss Green Power's financial results for the period ended September 30th, 2021. I'm here today with our Chief Executive Officer, Fraser Atkinson, President Brendan Riley, and our VP of Sales and Marketing, Ryan Chatterley. During today's call, we may make comments or statements about our future expectations, plans, and prospects, which may constitute forward-looking statements for the purpose of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995 and applicable Canadian and U.S. securities laws. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in our quarterly interim results and MD&A filed on CDAR and on EDGAR. In addition, these forward-looking statements relate to the date on which they are made. We anticipate that subsequent events and developments may cause the company's views to change. Green Power disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Also, during the course of today's call, we may refer to certain non-IFRS financial measures. Reconciliation of these non-IFRS measures can be found in our ND&A on CDAR and on EDGAR and is also located on our website. I will now pass the call over to Green Power's CEO, Fraser Atkinson.

Thanks, Michael, and thank you all for joining the call today. Following my opening remarks, Michael will cover the financial results for the quarter and Brendan will speak to operations. A year ago, we embarked on a major shift from manufacturing vehicles pursuant to customer orders to producing certain models to a stage where the finishing is dictated by customer requirements in order to accelerate our production to sales to delivery. Our team has been up to the task where we are close to getting our inventory to where it needs to be to support a much higher growth level with our plans. And Brendan will discuss this in more detail on this call. We are very excited with the announcement this week where we've entered into an OEM agreement with autonomous vehicle technology provider Perone Robotics. We will be working with Perone to integrate the LIDAR, radar, optical sensors, wiring harnesses, and so on that they require for their Tony system at the manufacturing stage to enable an autonomous vehicle or what we are branding as our AV star being an autonomous vehicle, EV star. Peron has also shown a strong commitment by buying additional EV stars that they are currently converting to AV stars as well as hiring sales and marketing staff to promote the AV Star. Very exciting times for our collective organizations. Our expenses in the quarter include significant investments to facilitate our growth plans. Let's discuss a few of these. During the quarter, we filed a $200 million shelf prospectus. This is not for any short-term needs as we are well-funded as illustrated by the increase in our working capital over the last six months. This is to address long-term opportunities. For example, Ryan and the sales team may land a transformative order. The shelf allows us to access capital quickly to fund any working capital requirements. Number two, we achieved a significant milestone with the launch of our Beast Type D all-electric school bus at ACT Expo in Long Beach on August 31, 2021, as well as our first deliveries to school districts in Southern California. We also had first deliveries to an end customer with our EV Star Cab and Chassis, as well as our EV Star Plus. Number three, we significantly expanded our sales infrastructure and network. And lastly, we have over 100 approved vouchers for eligible vehicles listed on the California HVIP, New Jersey ZIP, and BC SUV rebate programs. We will circle back with more details on operational progress momentarily, but now I'll pass the call to Michael Seifert, Green Power's CFO, to cover our quarterly financial results. Michael? Thank you, Fraser.