Proterra Launches Proterra Powered To Help Auto OEMs Electrify Their Vehicles

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Electric bus company Proterra is pushing into new territory with a new line of vehicle electrification solutions called Proterra Powered that take the same electric powertrain technology Proterra has used in its vehicles for years and lets other manufacturers purchase it for their vehicles.

Image credit: Kyle Field | CleanTechnica

The new offering lets other commercial vehicle OEMs tap into Proterra’s end-to-end vehicle electrification solution ecosystem to power their own vehicles with Proterra’s electric powertrain solutions, for a price. It formalizes what Proterra has being doing for years with partners like Daimler, Van Hool, and Alexander Dennis to electrify their commercial vehicles. Most recently, Proterra electrified Thomas Built Buses’ Jouley school bus to give school districts another option to clean up their bus fleets.

Image credit: Proterra

“Commercial urban fleets are the best use case for EV technology and we are at the beginning of an electrification revolution for heavy-duty vehicles due to declining battery costs, improved electric powertrain technology, lowered maintenance, and the immense public health benefits EVs bring to our communities,” said Proterra CEO Ryan Popple.

Proterra has unique end-to-end expertise in the electrification of commercial vehicles as it has been building and selling not only electric vehicles, but the high speed DC fast charging systems to recharge them quickly, and the energy management systems that tie them to the grid, intelligently managing the financials of charging a fleet of large commercial EV batteries. On the surface, the official branding of Proterra Powered is a natural extension of the role it plays working with customers on the sales side of the table for its electric bus business.

Leveraging its existing knowledge base to generate more sales and revenue not only strengthens the bottom line for Proterra, it gives the company additional bottom line volume for its parts supply that will drive down the cost of components. Most importantly, this lets Proterra purchase even more batteries to lower the cost of the most valuable component in Proterra and Proterra-Powered vehicles.

“As more OEMs adopt EV technology for their vehicles, Proterra is uniquely positioned to be the best electrification partner because of our years of experience testing and evolving our battery system, drivetrains and charging systems through the deployment of our Proterra Catalyst transit vehicles, with vehicles on the road all across North America,” Popple continued.

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Kyle Field

I'm a tech geek passionately in search of actionable ways to reduce the negative impact my life has on the planet, save money and reduce stress. Live intentionally, make conscious decisions, love more, act responsibly, play. The more you know, the less you need. As an activist investor, Kyle owns long term holdings in Tesla, Lightning eMotors, Arcimoto, and SolarEdge.

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