Proterra battery business becomes part of Volvo Group (that will

Volvo acquisition of Proterra battery business, which was made at a purchase price of USD 210M before adjustment for inventory level at closing, includes a development center for battery modules and packs in California and an assembly factory in

Battery Technology

Proterra batteries are purpose-built for commercial and industrial applications, proven through 40+ million service miles and 1300+ battery systems delivered to date. Our batteries are designed from the cell level up for commercial and industrial usage and have industry-leading energy density, a flexible design, and ruggedized commercial-grade

Volvo completes acquisition of battery business from

The Volvo Group has today completed the previously announced transaction whereby the Group acquired the battery business from Proterra Inc. and Proterra Operating Company Inc. The acquisition, which was made at a

Proterra (bus manufacturer)

OverviewDevelopment and manufacturingHistoryProductsChassis defects in PhiladelphiaSee alsoExternal links

Proterra has its headquarters and a battery manufacturing facility in Burlingame, California, located in Silicon Valley. Batteries are also manufactured in Southern California''s City of Industry. The company has a transit bus assembly facility in Greenville, South Carolina that sits directly outside the Clemson University International Center for Automotive Research (CU-ICAR). The company''s composite bus bodies are supplied by TPI Composites using its factory in Warren, Rhode Island

Nikola Corporation Nikola and Proterra Agree to Long

Proterra product is expected to be incorporated in the Nikola Tre battery-electric vehicle (BEV) and Tre fuel cell electric vehicle (FCEV). The first Proterra Powered Nikola semi-trucks are expected to be produced in the

Proterra (bus manufacturer)

Proterra offers a battery leasing program where customers pay for the price of the battery over time rather than upfront when the bus is purchased. The company says that many customers can make lease payments using their operational savings from reduced fuel and maintenance costs.

Volvo completes acquisition of battery business from Proterra

The Volvo Group has today completed the previously announced transaction whereby the Group acquired the battery business from Proterra Inc. and Proterra Operating Company Inc. The acquisition, which was made at a purchase price of USD 210M before adjustment for inventory level at closing, includes a development center for battery modules

Volvo to acquire battery business from Proterra Inc. and Proterra

Volvo Group has been selected as the winning bidder in an auction for the business and assets of the Proterra Powered business unit at a purchase price of USD 210M. The transaction between Proterra Inc. and Proterra Operating Company as sellers and Volvo is subject to approval by the bankruptcy court in the US.

Nikola Corporation Nikola and Proterra Agree to Long-Term Battery

Proterra product is expected to be incorporated in the Nikola Tre battery-electric vehicle (BEV) and Tre fuel cell electric vehicle (FCEV). The first Proterra Powered Nikola semi-trucks are expected to be produced in the fourth quarter of 2022, with Proterra delivering prototype systems to Nikola starting in the second quarter of 2022.

Proterra Electric Bus Battery Service Agreements

Proterra offers to sell the customer a battery electric bus for the cost of a conventional diesel bus (around $500,000) and to enter into a battery service agreement for 12 years to pay for the use of batteries that Proterra owns and

Volvo to acquire battery business from Proterra Inc.

Volvo Group has been selected as the winning bidder in an auction for the business and assets of the Proterra Powered business unit at a purchase price of USD 210M. The transaction between Proterra Inc. and

Proterra Electric Bus Battery Service Agreements

Proterra offers to sell the customer a battery electric bus for the cost of a conventional diesel bus (around $500,000) and to enter into a battery service agreement for 12 years to pay for the use of batteries that Proterra owns and guarantees to provide an agreed upon performance level.

Manufacturing | Proterra

Proterra''s battery technology offers industry-leading energy density, safety systems and durability. From robust enclosure material selection to high fidelity safety monitoring in the pack as well as our in-house testing experts, safety is woven into everything we do .

Proterra battery business becomes part of Volvo Group

Volvo acquisition of Proterra battery business, which was made at a purchase price of USD 210M before adjustment for inventory level at closing, includes a development center for battery modules and packs in California