At Voltera, we work closely with you to understand your needs, timing, and when you will need capacity. It is never too early to start planning your future infrastructure! If you want to know more about our business model, check out our CEO's interview with FreightWaves here 👉: https://hubs.li/Q02FgZHZ0 #Voltera #EVcharging #ACTExpo #MattHorton
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In a shocking turn, Proterra Inc, the largest U.S. electric-bus maker, filed for Chapter 11 bankruptcy protection late Monday. Founded in 2004, Proterra has sold about 1,300 buses to more than 130 transit agencies in the U.S. and Canada. The company sought to compete against giant Chinese rival BYD and to partner with traditional bus-makers in the emerging North American and European electric bus markets. Proterra stated that it plans to continue business operations as it pursues a restructuring "to strengthen its financial position through a recapitalization or going-concern sale." Learn more: https://bit.ly/45Di8oP #electrification #decarbonization #transportation #electricvehicle
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🚚 The road ahead is changing! Our latest blog explores the trucking industry's heated debate over the future of road funding in a post-gas-tax era. 💡Discover the challenges, potential solutions, and what this means for truckers nationwide. . . . #TruckersFlow #TruckingIndustry, #RoadFunding, #PostGasTax, #EVFuture, #TransportationInnovation, #InfrastructureDebate, #FleetManagement, #TruckingNews, #SustainableTransport, #IndustryInsights
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Looking to maximize your business potential? Discover the power of Delo for unparalleled performance. Enhance your fleet’s performance with Delo! #Chevron #Caltex #Delo #IsosynTechnology #Fleet #SingleOilDrain #ReduceCost #Service #MoreMileage #LogisticServices #TransportServices
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This article will delve into the details of this pioneering coalition, exploring its goals, strategies, and potential impact on the trucking industry. LEARN MORE HERE: https://lnkd.in/gEH7YjPR #LabworksUSABlog #ZeroEmissionInfrastructureCoalition
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Bankruptcy news: https://loom.ly/GY-IzEM Have you read the latest update about Proterra Inc filing for #Chapter11? Read more to learn what this means to commercial fleets. #trucknews #truckfleets #bankruptcy
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One of our initiatives for societal impact is the promotion of cleaner air for pedestrians and families to be able to walk outside without discomfort and health risks. This is particularly (and increasingly so) an issue in developing markets and can always be improved in developed countries. The opportunity and impact of electric bulk commercial and passenger transportation such as #buses and #trucks is tremendous. This is one of the reasons we had invested and supported Proterra Inc over the years. Recent challenges in capital markets certainly did not help the company or sector, nor did the challenges associated with companies that try to be profitable and generate cash flows through sales to cities, and specifically transit agencies. Yes, Proterra Inc chose to access capital markets via the now much-maligned (and deservedly so) SPAC route, but As of the August 2023 Chapter 11 bankruptcy filing, the company had delivered more than 1,000 electric transit buses, including 199 new transit buses and 14 pre-owned buses in 2022, so there was some real progress evidence - although it was 18 years since founding - high impact can take a lenghty amount of time and the disruptive impact of the electrification of bulk transportation is significant. So what are the lessons learned and how and when do we see the market-based scaling of electrification of bulk transportation? There is no doubt capital in private market funds to support various next generation companies, but will they learn from prior lessons and market cycles? We will see. #electricvehicles #transportation #trucks #buses #electrification #cleanair #ecosystem #harmony #capitalmarkets https://lnkd.in/gftT_pTn
Bankrupt EV bus-maker Proterra finds buyers for its business units
canarymedia.com
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Are you considering your first investment in trucking but need help determining where to begin, particularly when it comes to understanding the types of trucks required? Don't fret; We're here to assist you every step of the way. At P&C Trucking, we provide prospective clients with comprehensive guidance, offering insights into the types of trucks suitable for purchase and helping you navigate towards a seamless passive income investment. Get in touch with us today for personalized assistance: Phone: 08021111188 Email: info@pctrucking.org #TruckingInvestment #PassiveIncome #TruckOwnership #InvestmentAdvice #TruckTypes #FinancialGuidance
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2023 has been nothing short of a rollercoaster ride for owners and fleet managers. EquipmentWatch's 𝐭𝐞𝐚𝐦 𝐨𝐟 𝐞𝐱𝐩𝐞𝐫𝐭𝐬 𝐡𝐚𝐯𝐞 𝐜𝐨𝐦𝐩𝐢𝐥𝐞𝐝 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐢𝐧𝐠 𝐝𝐚𝐭𝐚 𝐟𝐨𝐫 𝐂𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧, 𝐋𝐢𝐟𝐭/𝐀𝐜𝐜𝐞𝐬𝐬, 𝐚𝐧𝐝 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐚𝐥 𝐄𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭. Learn more about specific Fair Market Values and Forced Liquidation Values for each industry and what these mean for asset owners. At #EquipmentWatch, we can help you better prepare, strategically plan your equipment decisions, and reduce your tax burdens. Read our latest blog to learn more: 🔗https://hubs.ly/Q02fbcHw0 #AgricultureEquipment #LiftEquipment #AccessEquipment #AgriculturalEquipment #FLV #FMV
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Provides Working Capital to Commercial Real Estate Developers | Business Funding of various industries | Equipment Financing | Investor Funding | When BANKS say "No" We Say "Yes!"
This client owns a trucking company, and needs funding to expand his fleet. The challenge for this deal is, he purchase the truck from a private party. Extra steps and procedures applied for such transaction. Regardless, we funded him in about 10 days. Visit semajreiCapital.com review which scenario fits your needs and let's get your deal funded! #businessowners #RevenueBased #workingcapital #projectmanagement
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