Proterra Signs Fleet Electrification Project For Miami-Dade County

  • Proterra Inc PTRA has announced a fleet electrification project along with Miami-Dade County.
  • The county will acquire 42 Proterra ZX5+ electric transit buses, featuring a total of 19 megawatt-hours of battery storage capacity.
  • The county will also install 75 Proterra chargers across three bus depots.
  • The first electric buses are slated to be delivered in 2022.
  • “We are delighted to build on our partnership together and drive the county’s switch to zero-emission, electric transportation with our EV technology,” said Jack Allen, Proterra Chief Executive Officer.
  • Price action: PTRA shares are trading higher by 6.30% at $17.22 on the last check Tuesday.
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