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On the 1st February 2024 Volvo announces it has completed th acquisition of battery business from Proterra. The intention was announced in November 2023, when Volvo Group had been selected as the highest bidder in an auction for the business and assets of the Proterra Powered unit. Volvo states...

Phoenix Motorcars‘s bid has win the tender to acquire Proterra Transit business line, “through the auction of the assets pursuant to bankruptcy court approved bidding procedures”, as stated by the purchaser in a press note. The acquisition will add heavy-duty transit buses to Phoen...

The voluntary bankruptcy proceedings of Proterra Inc. and Proterra Operating Company Inc are underway: in this context, Volvo Group has been selected as the highest bidder in an auction for the business and assets of the Proterra Powered unit, at a purchase price of $210 million. The transaction bet...

Proterra has filed for Chapter 11 protection in a bid to reinvigorate its financial standing. While navigating this process, the company is committed to maintaining normal business operations and harnessing the opportunity to optimize its product lines. Reuters noted that ”Proterra, whose shares nea...

ABC Companies and Proterra have opened the largest electric motorcoach charging facility in North America, the partners announce. The first is North America dealer for Van Hool (that has e-coaches in its offering, starting from early 2021). Located on a 3.5-acre campus in Newark, California, the fac...

Proterra has appointed David Black, a public company finance executive with more than 30 years’ experience in public corporate accounting and finance leadership, as new Chief Financial Officer, effective May 16, 2023. He joins the previously named new CIO (Chief Information Officer) Dustin Goodwin, ...

Proterra will provide battery technology to power ENC second-generation electric transit buses. Under a new, multi-year supply agreement, Proterra will supply its S-Series battery system to power ENC’s Axess Battery Electric Bus (EVO-BE) that will be available to transit agencies in 32-foot, 35-foot...

Julian Soell has been appointed as president of Proterra Transit business unit effective May 2, 2022. As president of Proterra Transit, “Julian Soell will oversee Proterra’s growing business as the leading manufacturer of electric transit buses in North America. In his role, Julian will report...

Its name is ZX5 and it can boast 738 kilowatt-hours of energy. Proterra announced that it is increasing the amount of energy on board the electric bus, providing more battery storage to help transportation agencies engaged in emission vehicle fleets goal. Beginning in 2023, the Proterra ZX5 Max 40-f...

Proterra announced the appointment of Roger Nielsen to the company’s board of directors effective March 2, 2022. The company also announced that Jochen Goetz will be stepping down from the company’s board effective March 2, 2022 so that he may focus on his other professional responsibilities.  Roger...