Welcome to our dedicated page for Proterra news (Ticker: PTRA), a resource for investors and traders seeking the latest updates and insights on Proterra stock.
Proterra Inc (NASDAQ: PTRA) is a pioneering leader in the design and manufacture of zero-emission heavy-duty vehicles, primarily focusing on electric transit buses. Since its inception, Proterra has sold over 480 vehicles to 60 different municipal, university, airport, and commercial transit agencies across 25 states in the U.S., significantly contributing to greener and quieter local transportation.
The company's flagship product, the Proterra Catalyst Platform, is known for its unmatched durability and energy efficiency. Designed to meet the full daily mileage needs of nearly every U.S. transit route on a single charge, the Catalyst platform demonstrates Proterra's commitment to innovation and sustainability in public transportation. These vehicles are rigorously tested and proudly designed, engineered, and manufactured in America, with operational hubs in Silicon Valley, South Carolina, and Los Angeles.
Proterra's commitment to sustainability and innovation is further showcased through its Proterra Energy division, which offers comprehensive EV charging solutions tailored to the specific needs of fleet operators. This includes everything from installation to fleet management software, ensuring that commercial EVs and their charging infrastructure can scale effectively.
Recently, Proterra collaborated with ABC Companies and Pacific Gas and Electric Company (PG&E) to open North America's largest electric motorcoach charging facility in Newark, California. This facility is a testament to Proterra's ability to provide scalable, efficient charging solutions for large fleets. The facility supports up to 1.4 megawatts of EV charging power, allowing up to 40 motorcoaches to be charged simultaneously. This milestone highlights Proterra's role in accelerating the adoption of electric vehicles in the commercial sector.
Despite recent market challenges, Proterra continues to push forward. On August 7, 2023, the company filed for Chapter 11 protection to restructure its business and maximize the value of its product lines. This strategic move aims to strengthen the company’s financial position, ensuring that it can continue to operate and innovate during this transition period.
For more information about Proterra and its latest developments, please visit www.proterra.com or follow them on Twitter @proterra_inc.
aifleet has announced the appointment of Roger Nielsen, former President and CEO of Daimler Truck North America, to its Board of Directors as the first independent member. Nielsen's leadership experience includes driving annual sales to
Proterra Inc (Nasdaq: PTRA) will release its Q2 2022 financial results on August 2, 2022, after market close. A conference call will take place the same day at 2:00 PM PDT to discuss these results. Investors can access the live audio webcast on Proterra’s Investor Relations website. Proterra specializes in zero-emission electric transit vehicles and has a strong manufacturing presence in the U.S. with a commitment to energy efficiency and durability.
Proterra Inc (NASDAQ: PTRA) announced the appointment of Jan Hauser to its board of directors effective June 9, 2022. Ms. Hauser brings extensive financial leadership experience, having served as Vice President and Chief Accounting Officer at GE, and as a retired partner at PwC. With her addition, women now hold five out of ten board seats, enhancing diversity in leadership. Ms. Hauser expressed her enthusiasm for Proterra's mission in transforming transportation with innovative EV technologies. The company focuses on zero-emission electric vehicles and technology solutions for commercial applications.
Proterra (NASDAQ: PTRA) has secured a $20 million contract with BC Transit in British Columbia for ten 40-foot Proterra ZX5 electric buses and one megawatt-scale EV charger. This contract marks a pivotal step in BC Transit's transition to an all-electric fleet, with plans to ultimately replace 500 diesel buses over the next decade. The initial buses, equipped with 675 kWh of onboard energy, are set for delivery in 2023. Proterra's technology supports zero tailpipe emissions, potentially reducing greenhouse gases by approximately 230,000 pounds annually for each diesel bus replaced.
BURLINGAME, Calif., May 12, 2022 – Proterra (NASDAQ: PTRA), a leader in electric vehicle technology, announced its management team will participate in several upcoming investor conferences. Key events include the BofA Securities 29th Annual Transportation Conference on May 17 and the UBS Virtual Global Truck Conference on May 25. Additional conferences will take place in June, including Bernstein’s Annual Strategic Decisions Conference. Investors and analysts can request meetings through their institutional sales representatives.
Proterra Inc (NASDAQ: PTRA) released its first quarter 2022 financial results on May 4, 2022. The report is accessible on their Investor Relations website. A conference call will take place the same day at 2:00 PM PDT to discuss these results. Proterra, a leader in zero-emission electric transit vehicles, emphasizes its commitment to durability and energy efficiency, with products designed and manufactured in the U.S.
Proterra Inc (Nasdaq: PTRA) will announce its Q1 2022 financial results on May 4, 2022, after market close. A conference call for discussing these results is scheduled for the same day at 2:00 PM PDT. Investors can access the live audio webcast through Proterra’s Investor Relations website. Proterra is known for its expertise in zero-emission electric transit vehicles and EV technology solutions, underscoring its commitment to sustainability and innovation in the transportation sector.
Proterra Inc (NASDAQ: PTRA) has appointed Julian Soell as president of its Proterra Transit business unit, effective May 2, 2022. With nearly 30 years of experience, Soell previously served as COO at Repairify and has held key roles at automotive brands like Mercedes Benz and Harley-Davidson. He aims to enhance Proterra's electric transit bus production, which is already the leading provider in North America with over 800 vehicles on the road. The company plans to enhance its ZX5 Max electric transit bus, aiming for over 300 miles on a single charge with 738 kWh of onboard energy storage.
Proterra Inc (NASDAQ: PTRA) has announced enhancements to its ZX5 electric transit bus, increasing onboard energy capacity to 738 kWh starting in 2023. This upgrade makes it the highest energy-storage 40-foot electric bus available in North America, enabling over 300 miles of range per charge. The ZX5+ models will also offer up to 492 kWh for shorter routes. Proterra's buses feature advanced battery technology and a robust design for extreme conditions. The company aims to support the shift towards zero-emission public transit, reflecting a growing trend in electrification.
Proterra (NASDAQ: PTRA), a leader in commercial vehicle electrification, has achieved TRUE ©️ Certification for zero waste at its facilities in California and South Carolina. This makes Proterra the first electric vehicle manufacturer to earn multiple TRUE Certifications. Both facilities diverted over 90% of recyclables from landfills. The certification, awarded by Green Business Certification Inc., reflects Proterra’s commitment to sustainability and its mission to contribute to a cleaner energy future.
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