Search Results Found For: "proterra"

Electric bus maker Proterra opens up its overhead fast charging patents

Proterra’s electric buses use a proprietary en route fast-charging system that allows them to be charged at brief stops, extending their effective range. Now the company has taken a page from Tesla’s book, offering its charging technology to the transit industry on a royalty-free basis. Proterra has announced that it will grant anyone royalty-free access… Read more »

Proterra’s road show is selling transit agencies on electric buses

Proterra’s electric buses are on a roll. The company has sold buses to 16 transit operators around the country, from Metro LA to Seattle to Massachusetts to Florida. The recent round of Low or No Emission grants from the Federal Transit Administration funded purchases of 33 more Proterra buses. Proterra has a smooth marketing operation… Read more »

Philadelphia transit authority orders 25 Proterra electric buses

Philadelphia is set to become the first city in the Northeastern US to put battery-electric buses into service. The Southeastern Pennsylvania Transportation Authority (SEPTA) plans to purchase 25 40-foot Proterra Catalyst e-buses, which will be deployed on two bus routes in South Philadelphia. Two canopy-style charging stations will be installed along the routes, and operators… Read more »

University of Montana orders Proterra electric buses

Proterra’s zero-emission battery-electric buses are serving in city transit systems around North America, and the company is now setting its sights on the university market (read our interview with CEO Ryan Popple in the May/June 2015 issue of Charged).. The Associated Students of the University of Montana (ASUM) Transportation, one of a handful of student-led… Read more »

Proterra electric buses to add Mobileye collision avoidance system

Mobileye Aftermarket has announced that electric bus maker Proterra will offer factory installation of Mobileye’s collision avoidance solution in its 2016 models. According to NHTSA, 93% of accidents are due to human error. The Mobileye Aftermarket system is designed to give a distracted driver the opportunity to avoid a collision or mitigate its severity. The… Read more »

Two more California cities order Proterra electric buses

More California cities are electrifying their transit fleets. Stockton and Porterville recently placed orders with Proterra for two of its new Catalyst battery-electric buses, with funding from the San Joaquin Valley Unified Air Pollution Control District. Electric bus-maker Proterra says its Catalyst is the most efficient 40-foot transit bus on the market – at 22… Read more »

Proterra CEO on the economics of the electric bus business

Venture capitalists assume a large amount of risk when they invest in early-stage companies. They do so because of the potential for huge returns. To ensure that a portfolio of investments delivers the greatest return with the least risk, VCs spend a considerable amount of time evaluating companies, looking for the key ingredients of success…. Read more »

Proterra raises $55 million in strategic financing

Electric bus builder Proterra has announced the completion of strategic financing intended to fund the company’s business plan to achieve positive cash flow, as production scales up to meet growing demand. The new capital will be used to fully fund Proterra’s new Advanced Manufacturing facility in California. Proterra has closed a $30-million Series 4 equity round… Read more »

Proterra’s electric buses approach $1 billion in total pipeline sales opportunities

Will the transit vehicle market be the first to completely eliminate petroleum use? Proterra thinks so. During a recent interview for the latest issue of Charged, CEO Ryan Popple told us that the company is currently in contention for roughly 20% of the potential transit vehicle orders in the US over the next couple years,… Read more »