Proterra’s surviving businesses may shed bankruptcy stigma
Bankruptcy filings carry a stigma but sometimes the outcomes promise new life. Proterra might be one such story.
Bankruptcy filings carry a stigma but sometimes the outcomes promise new life. Proterra might be one such story.
A big fine for Lordstown Motors and SuperTruck news carry the week over Work Truck Week and technology and maintenance event.
The arcade game Whac-A-Mole describes state-by-state approach to rules of the driverless road while 50-state solution appears far off.
Nikola is in no hurry to artificially boost its stock price to ward off its second Nasdaq delisting notice in eight months.
Electric trucks and charging infrastructure should advance this year without some of the growing pains that held them back in 2023.
Israeli tech startups count on losing some employees to military reserve duty. Many more are called during wartime.
Sweden’s Volvo Group was selected as the winning bidder for the battery and charging assets of bankrupt Proterra Inc.
A review of the state of SPAC-sponsored and other electrification startup shows a less-than-pretty picture.
Proterra Inc. has extended the bankruptcy auction dates for its three electrification business units while it continues in business.
Proterra customers are sanguine about the electric bus and battery maker’s bankruptcy reorganization. They expect deliveries to continue.
Lightning eMotors has enough parts to build electric vehicles through the end of the year, but it needs new capital soon to stay in business.
Moves similar to blackjack tactics describe how cash-poor transportation startups are grasping for new capital.
Electric bus and battery maker Proterra Inc. won’t fight an Aug. 17 delisting from the Nasdaq as it works on a bankruptcy reorganization plan.
Cash-strapped electric bus and battery maker Proterra Inc. sought bankruptcy protection Monday and plans to operate during reorganization.
Less than a year after purchasing Romeo Power to secure its battery supply, Nikola is liquidating the subsidiary.
School buses qualify for a lot of incentives to go electric, but are the vouchers and grants enough to make a difference?
Former Daimler Truck North America CEO Roger Nielsen will become chairman of Proterra Inc. (Photo: Daimler Truck North America)
Proterra Inc. and Ouster Inc. are just two of many technology startups and growth-stage companies struggling financially.
Negative headlines about Nikola Corp.’s finances raise justifiable concern. Visiting its electric truck plant tells a different story.
As valuations of SPAC-backed startups plummet, one autonomous trucking developer that avoided the FOMO and stayed private is thriving.
Romeo Power founder Michael Patterson shares what happened at the startup battery maker as a cautionary tale for other SPAC-backed startups.
A new name in electric truck charging and infrastructure broke cover this week with $1 billion or more in private equity funding.
Unsure that financially struggling Romeo Power could keep supplying batteries for its electric trucks, Nikola is buying the company.
Layoffs get the attention but plenty of electric transportation startups are still hiring. They are getting creative with fundraising, too.
Twin SPAC backer ArcLight Capital is investing $50 million in a truck-as-a-service business that handles Class 1-8 vehicles.
Nikola is helping to bring electric infrastructure companies to the Arizona desert where it has begun production of electric trucks.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
Freightliner Custom Chassis Corp. leverages parent Daimler Truck North America’s dealership and service network to battle competitors.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
Electric bus, battery and infrastructure developer Proterra Inc. deals with its own supply chain issues as well as those of end customers.
Nikola secures a long-term battery supply for its electric trucks with Proterra, which earlier locked up critical cells with LG Energy Solution Electric.
From storing renewable energy stocks to tapping high-voltage transmission lines, the juice to power electric trucks has to come from somewhere.
Truck Tech is a weekly newsletter focusing on autonomous, connected and electric innovations in the trucking ecosystem for fleets.
Truck Tech is a weekly newsletter focusing on autonomous, connected and electric innovations in the trucking ecosystem for fleets.
Truck Talk brings perspective, context and commentary to the trucking industry ecosystem.
Shares of electric chassis maker Xos Trucks closed 14.5% lower in their first day of public trading, getting a reception similar to its peers.
Romeo Power locks in cell supply for its commercial batteries, paying a big price to assure it can answer demand from truck manufacturers.
Truck Talk is a weekly newsletter adding perspective and context to trucking industry news.
Daimler Truck sold more vehicles in Q2 than the previous quarter but warned that supply shortages threaten second-half financials.
Proterra has been making electric buses for more than a decade. It is also making batteries and charging infrastructure.
Money matters, but the chance to tell investors its growth story led to revenue-positive Proterra riding a SPAC to public trading.
On its first day of public trading, Canada’s Lion Electric announces a plan to build trucks and buses in Illinois, creating 745 new jobs over three years.
Truck Talk is a weekly newsletter where FreightWaves adds context, commentary and color to industry news and trends.
Lawmakers hear from trucking on outlook for achieving zero-emission vehicle targets
Truck Talk, is a weekly newsletter where FreightWaves adds context, commentary and color to industry news and trends.
FreightWaves Truck Talk is a weekly newsletter adding perspective, context and commentary to industry news and trends.
Daimler Trucks North America is going to offer fully integrated powertrains for its electric trucks the same way it does diesel trucks — through its Detroit technology subsidiary.
Romeo Power Inc. claims a two-year lead over competitors in the race to fast-charging, long-range batteries for electric trucks. But new entries, backed by blank-check companies like Romeo was, are flooding the market.
Commercial vehicle electrification developer Proterra Inc. will go public via a reverse merger with special purpose acquisition company ArcLight Clean Transportation Corp. Daimler Trucks is among lead investors raising $648 million Proterra is expected to receive.
Barry Engle and his Qell Acquisition Corp. raised $380 million to invest in a next-generation mobility startup. But how many great candidates are left in the SPAC craze?
Navistar is skipping the chase for incentives on demonstration electric trucks to consult with customers on custom-built zero-emission medium-duty models with total cost of ownership rivaling a diesel truck.