Proterra, innovator in heavy-duty electric transportation, recently announced that it has closed a $55 million Series 6 stock round, on the heels of an oversubscribed $140 million Series 5 in January. Generation Investment Management LLP, a long-term, sustainability-focused investment firm led the round, which was joined by BMW i Ventures, the corporate venture capital team founded by BMW Group in 2011.
BYD announced recently that it has signed an agreement with the Government of Ecuador to build an electric bus factory in the South American country. She shared investing $60 million into the new facility where it will create about 300 jobs. The new factory will have the capacity to prodce 300 of its fully electric buses per year.
Turkey's first smart bus developed by Temsa, the Avenue Ibus, has become more advanced with the implementation of Fleetics, the first product of the data technology platform V2SMART, developed in partnership with STM Defense Technologies & Engineering Inbus
Hydrogenics Corporation, developer and manufacturer of hydrogen generation and hydrogen-based power modules, has signed a Purchase and License Agreement for technology and fuel cells with Blue-G New Energy Science and Technology Corporation in China.
VDL Bus & Coach has expanded the Futura range with a new length version, the FHD2-135, featuring a length of 13,5 meters. The advantage of this length is the huge luggage space of over 12 m3 and the maximum seating arrangement of 63+1+1. This arrangement is unique on two axles. Apart from the FHD2-135, VDL also offers the FMD2 in a13.5 metre length