Tag: Proterra

Volvo seals deal for Proterra’s battery business

Volvo electrifies its game with Proterra's battery business buyout at $210 million.The deal brings cutting-edge facilities in California and South Carolina under Volvo's electric umbrella.With eyes on the future, Volvo accelerates innovation, signalling a...

Proterra’s electric buses are here to stay, as Phoenix Motorcars announce acquisition

Phoenix Motorcars secures Proterra Transit, ensuring the continued presence of Proterra electric buses on the roads.The agreement comes just months after Proterra filed for Chapter 11 bankruptcy protection.The $10 million offer follows Volvo Group's...