Proterra, a transportation battery package manufacturer based in Burlingame, California, has developed a new H Series battery pack that can be custom designed for heavy advertising vehicles.
The new package is narrower (620 millimeters wide) than Proterra’s existing S-Series battery packs (860 millimeters), which the company uses in its bus fleet.
H-series packages can store between 25 and 75 kilowatt hours of power storage, up to an S-series capacity of up to 113 kWh.
The more compact dimensions will allow the H Series to be integrated into the chassis rails of popular trucks and packaging flexibility.
“Proterra’s reliable battery generation has proven its value in many cars that are operating today,” Proterra CEO and President Jack Allen said in a statement. “That’s why world-class brands are opting for Proterra to force their school buses, coaches, delivery trucks and other electric cars. We are now excited to expand our world-class battery platform to help force even more advertising cars and drive the transition for clean, quiet transportation for everyone.
Proterra manufactures its buses in City of Industry, California. He owns a factory in Greenville, S.C.
Last month, the city of Edmonton, Alberta, unveiled 21 new electric buses built through Proterra, the first of which the city expects from a fleet of 40 battery-powered buses until the end of 2020.
About a year ago, TechCrunch reported that Proterra had legalized the sale of just over 10.8 million shares worth $6.91. If all shares are sold, the company’s valuation can be more than $1 billion.
Proterra, which was created through several former Tesla employees, is also exploring an initial public offering and has hired Deutsche Bank, Morgan Stanley and J.P. Morgan Chase to buy it, Reuters reported in July.
In May, Jack Allen was appointed chief executive and president, replacing co-founder Ryan Popple, one of Tesla’s students. Popple remains with Proterra as CEO.
In April, the company earned a $200 million subsidized credit line through Japanese investment corporation Mitsui and Co., which helped it load electric buses from its fleet.
The company’s batteries are used in school buses, coaches, delivery vans and shuttles. Customers come with Thomas Built Bus, Van Hool, Bustech and Optimal-EV.
“Proterra has invested in increasing our battery generation to beat advertising fleet programs around the world,” said Dustin Grace, Proterra’s chief technology officer.
I went through three recessions, recounted the situation of Asian and European automakers in the United States, the bankruptcies of General Motors and Chrysler, and I witnessed
I went through 3 recessions, chronicled Asian and European automakers in the United States, the bankruptcies of General Motors and Chrysler, and witnessed the early stages of autonomous vehicle development. I also worked for a primary automotive supplier (Visteon) and studied production with a global consulting firm (Harbor Consulting, now Oliver Wyman).