The Latest Breaking News from Proterra

Company blames supplier delays for missed production targets and has struggled to meet sales forecasts

Volta revealed its first model, the 16-tonne Zero, back in 2020 and said that production would begin in the United Kingdom two years later with an initial target of 500 units annually and a ramp-up to 5,000 units by 2025.

Within the last quarter, Proterra (NASDAQ:PTRA) has observed the following analyst ratings:

Proterra announced that it is increasing the amount of maximum battery capacity in its Proterra ZX5 electric buses to further improve the driving range.

Pace Suburban Bus has awarded Proterra Inc (NASDAQ:PTRA) a $26.5 million contract to acquire 20 Proterra ZX5 Max electric transit buses. Pace is a public bus service operator in North America. The 40-foot Proterra ZX5 Max features 675-kilowatt hours (kWh) of energy storage. The contract also includes two Proterra megawatt-scale fleet chargers. The procurement is…

The EV industry is expected to deliver solid growth this year, supported by robust government funding and strong demand. With countries worldwide focusing on reducing their carbon footprints, the EV industry’s prospects look bright. So, let’s take a closer look at EV stocks Proterra (PTRA), Lordstown Motors (RIDE), and Kandi…

Rivian got a mention too as an innovative younger company building electric trucks, while Proterra really impressed Biden with their electric buses.

Nikola Corporation announced a strategic, multi-year supply agreement with Proterra related to battery systems for the Nikola Tre BEV and FCEV semi-trucks.

Nikola Corp (NASDAQ:NKLA) has signed a multi-year supply agreement with Proterra Inc (NASDAQ:PTRA) to power its zero-emission semi-trucks with Proterra's battery technology. The financial terms were not disclosed. Nikola expects to incorporate the Proterra product in the Nikola Tre battery-electric vehicle (BEV) and Tre fuel cell electric vehicle (FCEV). The first Proterra Powered Nikola semi-trucks…