ACTC (Proterra) DD - The Most Undervalued Stock on the Entire Market

Topics to be Discussed:

  • Overview
  • Leadership
  • Board of Directors
  • Products, Services, and Technology
  • Partnerships and Customers
  • Competition
  • SPAC Transaction Overview
  • Financials and Fundamentals
  • Forward-Looking Statements and Speculation
  • Conclusion

Overview

"Proterra is a high-growth commercial electric vehicle technology leader with over a decade of production experience. The Company has designed an end-to-end, flexible technology platform that delivers world-class performance and a low total cost of ownership to original equipment manufacturers (OEMs) and end customers. Proterra has three complementary businesses:

  • Proterra Powered: Delivering industry-leading battery systems and electrification solutions to commercial vehicle manufacturers;
  • Proterra Transit: Leading North America as the market’s #1 electric transit bus OEM; and
  • Proterra Energy: Offering end-to-end turnkey charging and energy management solutions.

The Company’s industry-leading battery systems have been proven in more than 16 million service miles driven by its fleet of transit vehicles and validated through partnerships with world-class commercial vehicle OEMs, such as Freightliner Custom Chassis Corporation (FCCC), Thomas Built Buses, Van Hool, Bustech, and Optimal-EV. To date, Proterra has produced and delivered more than 300 megawatt-hours of battery systems, more than 550 heavy-duty electric transit buses and installed 54 megawatts of charging systems.

Proterra operates manufacturing facilities in California and South Carolina, as well as a state-of-the-art R&D lab in Silicon Valley. The Company recently announced the opening of a new battery production line co-located in its electric transit bus manufacturing facility in Los Angeles County. This battery production line was established within a year and demonstrates Proterra’s ability to bring its scalable and capital-efficient battery manufacturing process directly to commercial vehicle OEMs alongside their existing manufacturing." Pulled from investors portal on Proterra's website.

Proterra is going public via a SPAC merger ticker ACTC. A press statement released on January 12th, 2021 suggests that the merger is "expected to close in the first half of 2021". There is some speculation regarding the date; they’ve already filed the S-4, so the timeline for merger

... keep reading on reddit ➑

πŸ‘︎ 1k
πŸ’¬︎
πŸ“…︎ Mar 09 2021
🚨︎ report
Industial EV SPACs with the highest potential long term growth appear to have anomalies that present intriguing opportunities from different perspectives.

I am not a financial advisor, and this is for entertainment purposes only. I have calls/puts, options, and warrants on all of the stock listed or fully intend on filling positions based on current ah valuations. Everything listed should be as fake information or bias unless you do your own research and find otherwise(dont blame me). Some of the information may be outdated. I am here to get other people's perspective and opinion on the stocks I like.

Below are a list of stocks that I like and would be interested in the opinion of others. I believe some of these companies may be undervalued given the Biden Infrastructure Plan, but again I am only here for the advice of others. One or more of the plays may not have anything to do with infrastructure plays but still provide unique upside in my opinion.

NGA(Lion Electric)

According to Fintel, there are only 25k shares available to short at one of the major brokerages(does not include dark pool etc), and the interest rate(measured in APR) is 37.38% 4/2 16:00

https://fintel.io/ss/us/NGA

Most intriguing product made by this company in my opinion given the new electrification infrastructure bill:

Lion8[edit]

Introduced in March 2019,[17] the Lion8 is a Class 8 fully electric truck, produced in a cabover configuration. Developed primarily for urban and vocational use, the Lion8 currently has a range of 250 miles.[17] It is equipped with a 470Β hp (350Β kW) TM4 SUMO HD electric motor and a 480 kWh battery.[18](source:https://en.wikipedia.org/wiki/Lion_Electric_Company)

Item of thought: The lionc is more than just an electric school bus. In addition to its many economic benefits, the LionC stands out as the only zero-emission solution. https://thelionelectric.com/en/products/electric

Level 2 and 3 charging:https://pages.thelionelectric.com/lion-energy/

Ev designed telematic system:[https://pages.thelionelectric.com/lionbeat/](https://pages.thelionelectric.com/li

... keep reading on reddit ➑

πŸ‘︎ 5
πŸ’¬︎
πŸ‘€︎ u/TreeHugChamp
πŸ“…︎ Apr 03 2021
🚨︎ report
(Warning: Morbid dad joke) True Story -- My family were planning my mum's funeral. We always try to keep things light and try to stay positive, just as Mum would have it...

The funeral director was asking us what we think Mum should wear in her casket.

Mum always loved to wear sarongs (fabric wraps that go around the torso and drape downward a bit like a long skirt would), so my uncle suggested that she wear a sarong in there.

The funeral director looked a bit confused, as did some of our family members, to which my uncle added:

"What's sarong with that?"

I started laughing like an idiot. He was proud of it too. The funeral director was rather shocked. We assured her, and our more proper relatives, that Mum would've absolutely loved the joke (which is very true).

His delivery was perfect. I'll never forget the risk he took. We sometimes recall the moment as a way help cushion the blows of the grieving process.

--Edit-- I appreciate the condolences. I'm doing well and the worst is behind me and my family. But thanks :)

--Edit-- Massive thanks for all the awards and kind words. And the puns! Love 'em.

πŸ‘︎ 12k
πŸ’¬︎
πŸ‘€︎ u/zipflop
πŸ“…︎ May 12 2021
🚨︎ report
She seems to be having a field day out there.
πŸ‘︎ 3k
πŸ’¬︎
πŸ‘€︎ u/fedamasavasol
πŸ“…︎ May 17 2021
🚨︎ report
If my son ever came out to be trans then I wouldn’t have a son anymore

I would have a daughter

πŸ‘︎ 7k
πŸ’¬︎
πŸ‘€︎ u/Captbeauner
πŸ“…︎ May 07 2021
🚨︎ report
Ah yes, pretty hip
πŸ‘︎ 8k
πŸ’¬︎
πŸ‘€︎ u/entertainer011
πŸ“…︎ May 09 2021
🚨︎ report
Dis-a-
πŸ‘︎ 6k
πŸ’¬︎
πŸ‘€︎ u/krismoff
πŸ“…︎ May 06 2021
🚨︎ report
What is the fastest growing city in the world?

Capital of Ireland

It's Dublin everyday

πŸ‘︎ 9k
πŸ’¬︎
πŸ‘€︎ u/PeaPanties
πŸ“…︎ May 16 2021
🚨︎ report
Such a pointless conversation.
πŸ‘︎ 6k
πŸ’¬︎
πŸ‘€︎ u/david_pridson
πŸ“…︎ May 16 2021
🚨︎ report
Don't know if this was posted here before
πŸ‘︎ 6k
πŸ’¬︎
πŸ‘€︎ u/choclite69
πŸ“…︎ May 10 2021
🚨︎ report
What the fuck has happened to this sub!?

http://m.imgur.com/ImM3RWz

πŸ‘︎ 8k
πŸ’¬︎
πŸ‘€︎ u/FwootHotCaacon
πŸ“…︎ May 16 2021
🚨︎ report
Bill and Melinda Gates got divorced. Melinda got the house...

But Bill kept the Windows

πŸ‘︎ 12k
πŸ’¬︎
πŸ‘€︎ u/ScubaPride
πŸ“…︎ May 05 2021
🚨︎ report
From my 5-year-old son: "Hey"

True story; it even happened last night. My 5-year-old son walks up behind me and out of the blue says, "hey."

I turn to him and say, "yeah, kiddo? What's up?"

He responds, "it's dead grass."

I'm really confused and trying to figure out what's wrong and what he wants from me. "What? There's dead grass? What's wrong with that?"

.

.

.

He says, totally straight-faced, "hay is dead grass," and runs off.

πŸ‘︎ 13k
πŸ’¬︎
πŸ“…︎ May 10 2021
🚨︎ report
If you slap Dwayne Johnsons butt

You officially hit rock bottom

πŸ‘︎ 10k
πŸ’¬︎
πŸ‘€︎ u/joeytherealking
πŸ“…︎ May 14 2021
🚨︎ report
Bit coin or something idk
πŸ‘︎ 4k
πŸ’¬︎
πŸ‘€︎ u/naughtyballsack
πŸ“…︎ May 16 2021
🚨︎ report
What rhymes with orange.

No it doesn't.

πŸ‘︎ 5k
πŸ’¬︎
πŸ‘€︎ u/Remo1975
πŸ“…︎ May 08 2021
🚨︎ report
My Bluetooth speaker wasn’t working so I threw it into the lake.

Now it’s syncing.

πŸ‘︎ 8k
πŸ’¬︎
πŸ‘€︎ u/jigsatics
πŸ“…︎ May 11 2021
🚨︎ report
In surgery my doctor said, "So what do we have here?" I replied that I broke my arm in 12 places."

He replied, "Well, stop going to those places then!"

πŸ‘︎ 9k
πŸ’¬︎
πŸ‘€︎ u/TheAzrael2013
πŸ“…︎ May 08 2021
🚨︎ report
To the person who stole my MS Office License.

I will find you. You have my Word.

πŸ‘︎ 8k
πŸ’¬︎
πŸ‘€︎ u/Regclusive
πŸ“…︎ May 03 2021
🚨︎ report
I told my wife I saw a deer on the way to work.

She said how do you know he was headed to work?

πŸ‘︎ 6k
πŸ’¬︎
πŸ‘€︎ u/PensionNo8124
πŸ“…︎ May 07 2021
🚨︎ report
Water pun
πŸ‘︎ 5k
πŸ’¬︎
πŸ‘€︎ u/duckykitty7
πŸ“…︎ May 14 2021
🚨︎ report
In honor of Mother’s Day, I’d just like to say,

β€œthank you for your cervix.”

πŸ‘︎ 8k
πŸ’¬︎
πŸ‘€︎ u/Rusto_Dusto
πŸ“…︎ May 09 2021
🚨︎ report
Why did the astronaut break up with his girlfriend?

Because he wanted space

Edit: Thank you for the awards.

πŸ‘︎ 3k
πŸ’¬︎
πŸ‘€︎ u/shaa_virus
πŸ“…︎ May 17 2021
🚨︎ report
He is right there...
πŸ‘︎ 4k
πŸ’¬︎
πŸ‘€︎ u/jointly_epic
πŸ“…︎ May 12 2021
🚨︎ report
I've started a boat building business in my attic...

...sails are going through the roof.

πŸ‘︎ 7k
πŸ’¬︎
πŸ‘€︎ u/xholdsteadyx
πŸ“…︎ May 13 2021
🚨︎ report
I got banned from /r/DadJokes for posting, "Frosted Flakes! Cheerios! Lucky Charms! Frosted Flakes! Cheerios! Lucky Charms! Frosted Flakes! Cheerios! Lucky Charms! Frosted Flakes! Cheerios! Lucky Charms! Frosted Flakes! Cheerios! Lucky Charms! Frosted Flakes! Cheerios! Lucky Charms!"

Mods said I'm a cereal reposter...

πŸ‘︎ 7k
πŸ’¬︎
πŸ‘€︎ u/honolulu_oahu_mod
πŸ“…︎ May 07 2021
🚨︎ report
What do you call a drunk person fumbling with their car keys?

A taxi

πŸ‘︎ 6k
πŸ’¬︎
πŸ‘€︎ u/SubstantialBelly6
πŸ“…︎ May 13 2021
🚨︎ report
Initially I didn’t believe that my chiropractor was any good.

But now I stand corrected.

πŸ‘︎ 11k
πŸ’¬︎
πŸ‘€︎ u/porichoygupto
πŸ“…︎ Apr 28 2021
🚨︎ report
I told my dad that home births have skyrocketed since corona; he was confused.

He thought homes were built, not born.

πŸ‘︎ 7k
πŸ’¬︎
πŸ‘€︎ u/SomeoriginalAlias
πŸ“…︎ May 17 2021
🚨︎ report
*Triggering britishers*
πŸ‘︎ 4k
πŸ’¬︎
πŸ‘€︎ u/potato_patataa
πŸ“…︎ May 03 2021
🚨︎ report
Guys, today was my first day in the navy and I felt so lost!

Wait. Sorry, wrong sub.

πŸ‘︎ 10k
πŸ’¬︎
πŸ‘€︎ u/Nikolai_G
πŸ“…︎ May 05 2021
🚨︎ report
And on that note
πŸ‘︎ 4k
πŸ’¬︎
πŸ‘€︎ u/sarcastic_gooner
πŸ“…︎ May 11 2021
🚨︎ report
My whole life I thought Chewbacca was an Ewok....

Wookie mistake.

πŸ‘︎ 7k
πŸ’¬︎
πŸ‘€︎ u/VERBERD
πŸ“…︎ May 12 2021
🚨︎ report
I'm so proud. My 12-year old told this joke during dinner: What degree does Dr. Pepper have?

Theoretical Fizz-ics

πŸ‘︎ 11k
πŸ’¬︎
πŸ‘€︎ u/professorf
πŸ“…︎ Apr 30 2021
🚨︎ report
Why is Dark spelled with a β€˜K’ and not a β€˜C’?

Because you can’t β€˜C’ in the dark

πŸ‘︎ 13k
πŸ’¬︎
πŸ‘€︎ u/streety22
πŸ“…︎ Apr 22 2021
🚨︎ report
originally posted on r/tumblr by u/MaetelofLaMetal
πŸ‘︎ 5k
πŸ’¬︎
πŸ“…︎ Apr 26 2021
🚨︎ report
Knight Knight
πŸ‘︎ 4k
πŸ’¬︎
πŸ‘€︎ u/shevelled
πŸ“…︎ May 09 2021
🚨︎ report
He gave the toy horses a home in his ___
πŸ‘︎ 3k
πŸ’¬︎
πŸ‘€︎ u/7keletor
πŸ“…︎ May 07 2021
🚨︎ report
My Dad just sent me this
πŸ‘︎ 5k
πŸ’¬︎
πŸ‘€︎ u/metroracerUK
πŸ“…︎ Apr 28 2021
🚨︎ report
It is
πŸ‘︎ 4k
πŸ’¬︎
πŸ‘€︎ u/egyptiancowboy05
πŸ“…︎ Apr 30 2021
🚨︎ report
My wife said, β€œI don’t really understand the science behind human cloning.”

I said, β€œThat makes two of us.”

πŸ‘︎ 7k
πŸ’¬︎
πŸ‘€︎ u/porichoygupto
πŸ“…︎ May 09 2021
🚨︎ report
My grandfather was always terrible until I had my first child

Now he’s a great grandfather

πŸ‘︎ 7k
πŸ’¬︎
πŸ‘€︎ u/ErnestEugeneBoggs
πŸ“…︎ May 16 2021
🚨︎ report
I caught my son chewing on an electrical cord...

so I had to ground him.

He's doing better currently.

And conducting himself properly.

πŸ‘︎ 9k
πŸ’¬︎
πŸ‘€︎ u/XIIXOO
πŸ“…︎ Apr 19 2021
🚨︎ report
ACTC - The Stars Have Aligned - The Ultimate EV Infrastructure Play

First, obligatory rockets:

Edit removed obligatory rockets cause post keeps getting removed for spam

Good, now that that's out of the way for you gentleman/woman/apes with a single wrinkle on that brain real indepth DD exists

Fuel For the Rocket

This is the ultimate infrastructure play.

Harris and Biden went on a tour to promote the infrastructure bill, Harris visited Thomas and Biden visited Proterra itself.

Thomas is powered by Proterra 😏

Jennifer Granholm is the Secretary of the Department of Energy...she was a Proterra board member that had to step down due to conflict of interest...

Let's wrap our smoothbrains around these concepts real quick...

The infrastructure bill is trying to get $2.3T, Proterra is now clearly the top pick for the Biden administration based on who they chose to visit.

China is kicking our ass with commercial EV

Proterra is a US company and has...you ready for this? 50% US market share...

20% shorted lulz

So their two big partners...Daimler...and the US gov't lol

Catalysts

Well, there's actually a ton of catalysts. I mean just google Proterra and get lost in the mass amount of good news surrounding the company. But we don't own Proterra yet...it's pre-merger. We own ACTC. Once the merger is complete alllllll the good news for Proterra that's just sitting there will begin re-circulating.

The most important catalyst...the merger. Which is expected to take place in the next couple of weeks.

You could play this in the short term or the long term, it doesn't matter. I'm long on it, likely will hold for years. But it's going to be dumb.

I don't have any PT's post-merger but I fully expect this company to be trading in the triple digits in the next year or two.

GOLD: infrastructure bill, Biden administration being green and focusing on Proterra, commercial EV, all around green vibes, charging stations, big manufacturer partnerships, the list goes on and on

Shovel: Proterra. Clearly and obviously.

Obligatory rockets:

Edit removed obligatory rockets cause post keeps getting removed for spam

DD for you Dumb Degenerates

Topics to be Discussed:

  • Overview
  • Leadership
  • Board of Directors
  • Products, Services, and Technology
  • Partnerships and Customers
  • Competition
  • SPAC Transaction Overview
  • Financials and Fundamentals
  • Forward-Looking Statements and Speculation
  • Conclusion

Overview

"Proterra is a high-growth commercial electric vehicle technology leader with over a decade of production experien

... keep reading on reddit ➑

πŸ‘︎ 118
πŸ’¬︎
πŸ“…︎ Apr 22 2021
🚨︎ report
ACTC - The Stars Have Aligned - The Ultimate EV Infrastructure Play

First, obligatory rockets:

Edit removed obligatory rockets cause post keeps getting removed for spam

Good, now that that's out of the way for you gentleman/woman/apes with a single wrinkle on that brain real indepth DD exists

Fuel For the Rocket

This is the ultimate infrastructure play.

Harris and Biden went on a tour to promote the infrastructure bill, Harris visited Thomas and Biden visited Proterra itself.

Thomas is powered by Proterra 😏

Jennifer Granholm is the Secretary of the Department of Energy...she was a Proterra board member that had to step down due to conflict of interest...

Let's wrap our smoothbrains around these concepts real quick...

The infrastructure bill is trying to get $2.3T, Proterra is now clearly the top pick for the Biden administration based on who they chose to visit.

China is kicking our ass with commercial EV

Proterra is a US company and has...you ready for this? 50% US market share...

20% shorted lulz

So their two big partners...Daimler...and the US gov't lol

Catalysts

Well, there's actually a ton of catalysts. I mean just google Proterra and get lost in the mass amount of good news surrounding the company. But we don't own Proterra yet...it's pre-merger. We own ACTC. Once the merger is complete alllllll the good news for Proterra that's just sitting there will begin re-circulating.

The most important catalyst...the merger. Which is expected to take place in the next couple of weeks.

You could play this in the short term or the long term, it doesn't matter. I'm long on it, likely will hold for years. But it's going to be dumb.

I don't have any PT's post-merger but I fully expect this company to be trading in the triple digits in the next year or two.

GOLD: infrastructure bill, Biden administration being green and focusing on Proterra, commercial EV, all around green vibes, charging stations, big manufacturer partnerships, the list goes on and on

Shovel: Proterra. Clearly and obviously.

Obligatory rockets:

Edit removed obligatory rockets cause post keeps getting removed for spam

DD for you Dumb Degenerates

Topics to be Discussed:

  • Overview
  • Leadership
  • Board of Directors
  • Products, Services, and Technology
  • Partnerships and Customers
  • Competition
  • SPAC Transaction Overview
  • Financials and Fundamentals
  • Forward-Looking Statements and Speculation
  • Conclusion

Overview

"Proterra is a high-growth commercial electric vehicle technology leader with over a decade of pr

... keep reading on reddit ➑

πŸ‘︎ 66
πŸ’¬︎
πŸ“…︎ Apr 22 2021
🚨︎ report
Y'all Know What Is About To Happen

First, obligatory rockets:

Edit removed obligatory rockets cause post keeps getting removed for spam

Good, now that that's out of the way for you gentleman/woman/apes with a single wrinkle on that brain real indepth DD exists

Fuel For the Rocket

This is the ultimate infrastructure play.

Harris and Biden went on a tour to promote the infrastructure bill, Harris visited Thomas and Biden visited Proterra itself.

Thomas is powered by Proterra 😏

Jennifer Granholm is the Secretary of the Department of Energy...she was a Proterra board member that had to step down due to conflict of interest...

Let's wrap our smoothbrains around these concepts real quick...

The infrastructure bill is trying to get $2.3T, Proterra is now clearly the top pick for the Biden administration based on who they chose to visit.

China is kicking our ass with commercial EV

Proterra is a US company and has...you ready for this? 50% US market share...

20% shorted lulz

So their two big partners...Daimler...and the US gov't lol

Catalysts

Well, there's actually a ton of catalysts. I mean just google Proterra and get lost in the mass amount of good news surrounding the company. But we don't own Proterra yet...it's pre-merger. We own ACTC. Once the merger is complete alllllll the good news for Proterra that's just sitting there will begin re-circulating.

The most important catalyst...the merger. Which is expected to take place in the next couple of weeks.

You could play this in the short term or the long term, it doesn't matter. I'm long on it, likely will hold for years. But it's going to be dumb.

I don't have any PT's post-merger but I fully expect this company to be trading in the triple digits in the next year or two.

GOLD: infrastructure bill, Biden administration being green and focusing on Proterra, commercial EV, all around green vibes, charging stations, big manufacturer partnerships, the list goes on and on

Shovel: Proterra. Clearly and obviously.

Obligatory rockets:

Edit removed obligatory rockets cause post keeps getting removed for spam

DD for you Dumb Degenerates

Topics to be Discussed:

  • Overview
  • Leadership
  • Board of Directors
  • Products, Services, and Technology
  • Partnerships and Customers
  • Competition
  • SPAC Transaction Overview
  • Financials and Fundamentals
  • Forward-Looking Statements and Speculation
  • Conclusion

Overview

"Proterra is a high-growth commercial electric vehicle technology leader with over a decade of production experien

... keep reading on reddit ➑

πŸ‘︎ 34
πŸ’¬︎
πŸ“…︎ Apr 22 2021
🚨︎ report
Proterra (ACTC) DD - The most undervalued stock on the entire market

Topics to be Discussed:

  • Overview
  • Leadership
  • Board of Directors
  • Products, Services, and Technology
  • Partnerships and Customers
  • Competition
  • SPAC Transaction Overview
  • Financials and Fundamentals
  • Forward-Looking Statements and Speculation
  • Conclusion

Overview

"Proterra is a high-growth commercial electric vehicle technology leader with over a decade of production experience. The Company has designed an end-to-end, flexible technology platform that delivers world-class performance and a low total cost of ownership to original equipment manufacturers (OEMs) and end customers. Proterra has three complementary businesses:

  • Proterra Powered: Delivering industry-leading battery systems and electrification solutions to commercial vehicle manufacturers;
  • Proterra Transit: Leading North America as the market’s #1 electric transit bus OEM; and
  • Proterra Energy: Offering end-to-end turnkey charging and energy management solutions.

The Company’s industry-leading battery systems have been proven in more than 16 million service miles driven by its fleet of transit vehicles and validated through partnerships with world-class commercial vehicle OEMs, such as Freightliner Custom Chassis Corporation (FCCC), Thomas Built Buses, Van Hool, Bustech, and Optimal-EV. To date, Proterra has produced and delivered more than 300 megawatt-hours of battery systems, more than 550 heavy-duty electric transit buses and installed 54 megawatts of charging systems.

Proterra operates manufacturing facilities in California and South Carolina, as well as a state-of-the-art R&D lab in Silicon Valley. The Company recently announced the opening of a new battery production line co-located in its electric transit bus manufacturing facility in Los Angeles County. This battery production line was established within a year and demonstrates Proterra’s ability to bring its scalable and capital-efficient battery manufacturing process directly to commercial vehicle OEMs alongside their existing manufacturing." Pulled from investors portal on Proterra's website.

Proterra is going public via a SPAC merger ticker ACTC. A press statement released on January 12th, 2021 suggests that the merger is "expected to close in the first half of 2021". There is some speculation regarding the date; they’ve already filed the S-4, so the timeline for merger

... keep reading on reddit ➑

πŸ‘︎ 88
πŸ’¬︎
πŸ“…︎ Mar 09 2021
🚨︎ report
ACTC (Proterra) DD - The Most Undervalue Stock on the Entire Market

Topics to be Discussed:

  • Overview
  • Leadership
  • Board of Directors
  • Products, Services, and Technology
  • Partnerships and Customers
  • Competition
  • SPAC Transaction Overview
  • Financials and Fundamentals
  • Forward-Looking Statements and Speculation
  • Conclusion

Overview

"Proterra is a high-growth commercial electric vehicle technology leader with over a decade of production experience. The Company has designed an end-to-end, flexible technology platform that delivers world-class performance and a low total cost of ownership to original equipment manufacturers (OEMs) and end customers. Proterra has three complementary businesses:

  • Proterra Powered: Delivering industry-leading battery systems and electrification solutions to commercial vehicle manufacturers;
  • Proterra Transit: Leading North America as the market’s #1 electric transit bus OEM; and
  • Proterra Energy: Offering end-to-end turnkey charging and energy management solutions.

The Company’s industry-leading battery systems have been proven in more than 16 million service miles driven by its fleet of transit vehicles and validated through partnerships with world-class commercial vehicle OEMs, such as Freightliner Custom Chassis Corporation (FCCC), Thomas Built Buses, Van Hool, Bustech, and Optimal-EV. To date, Proterra has produced and delivered more than 300 megawatt-hours of battery systems, more than 550 heavy-duty electric transit buses and installed 54 megawatts of charging systems.

Proterra operates manufacturing facilities in California and South Carolina, as well as a state-of-the-art R&D lab in Silicon Valley. The Company recently announced the opening of a new battery production line co-located in its electric transit bus manufacturing facility in Los Angeles County. This battery production line was established within a year and demonstrates Proterra’s ability to bring its scalable and capital-efficient battery manufacturing process directly to commercial vehicle OEMs alongside their existing manufacturing." Pulled from investors portal on Proterra's website.

Proterra is going public via a SPAC merger ticker ACTC. A press statement released on January 12th, 2021 suggests that the merger is "expected to close in the first half of 2021". There is some speculation regarding the date; they’ve already filed the S-4, so the timeline for merger

... keep reading on reddit ➑

πŸ‘︎ 52
πŸ’¬︎
πŸ“…︎ Mar 09 2021
🚨︎ report
There will be point in the future when Canada will take over the world.

And then you will all be sorry.

πŸ‘︎ 9k
πŸ’¬︎
πŸ‘€︎ u/porichoygupto
πŸ“…︎ May 01 2021
🚨︎ report

Please note that this site uses cookies to personalise content and adverts, to provide social media features, and to analyse web traffic. Click here for more information.