Proterra Inks Battery Supply Agreement With The Shyft Group

Loading...
Loading...
  • Proterra Inc PTRA has signed a multi-year supply agreement to deploy its battery technology in The Shyft Group Inc's SHYF Blue Arc electric delivery van and EV chassis.
  • Proterra Powered H-Series battery system will provide the Blue Arc electric delivery van with an approximate range of 150 to 175 miles on a single charge.
  • The Blue Arc delivery van is a 100% battery-electric Class-3 commercial delivery vehicle designed for high-frequency, last-mile delivery fleets.
  • Production of the first Blue Arc delivery vans is expected to begin by mid-2023.
  • Price Action: PTRA shares are trading higher by 2.85% at $7.59, and SHYF traded higher by 1.02% at $41.07 on the last check Tuesday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsContractsSmall CapGeneralBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...