Electrification startup Synop is carving a niche for itself focused on help electric fleets return electricity to the grid and get paid for it.
Sweden’s Volvo Group was selected as the winning bidder for the battery and charging assets of bankrupt Proterra Inc.
Proterra customers are sanguine about the electric bus and battery maker’s bankruptcy reorganization. They expect deliveries to continue.
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)
Meritor will commercially produce its electric powertrain with supply agreements for buses and plans for fuel cell applications.
Money matters, but the chance to tell investors its growth story led to revenue-positive Proterra riding a SPAC to public trading.
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.
