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Proterra announced the intention to become publicly listed through a merger transaction with ArcLight Clean Transition Corp.

Proterra, builder of electric buses, heavy-duty vehicle drivetrains, batteries and charging systems, plans to go public on the Nasdaq exchange via a merger with a special-purpose acquisition company (SPAC), the latest in a string of EV companies seeking access to public market financing to meet growing demand.  Tuesday’s announcement sets the Burlingame, Calif.-based company on a course to merge with ArcLight Clean Transition Corp., with $415 million in private investment in public equity commitments led by Daimler Trucks, as well as Franklin Templeton, Chamath Palihapitiya, Fidelity M...

Transport 09:36 08/01/2021 Brussels public transport operator Stib has announced that it will test a hydrogen bus over the next two years to see what advantages the vehicle has over ordinary, hybrid and electric buses. The Stib will be renting the hydrogen bus from Belgian bus builder Van Hool. It will be tested on different bus lines to assess its performance and efficiency. "The intention is to expand our green policy in our bus fleet even further," said a spokeswoman for the Brussels transport company. Stib already expressed its interest in hydrogen buses when representatives attended the ...

Van Hool Ships First Proterra-Powered Electric Coach To The U.S. ++ Van Hool, a Belgian coach manufacturer, announced the shipment of the first all-electric CX45E to the U.S. market. Ten more units will be delivered in the first half of 2021 to two North American customers, through an exclusive distributor ABC Bus Companies Inc. Over the years, Van Hool delivered more than 11,000 coaches in North America, and since there is a physical possibility to offer long-range EVs, now it's time to electrify the offer. The Van Hool CX45E is equipped with a 676 kWh battery, supplied by Proterra, and is...

Proterra is about more than building electric buses. It is also heavily involved in designing high power charging systems and forging relationships with local communities.