Depending on your perspective, whether you read more news or editorial, and how bullish you are on the future of electric mobility, Proterra’s “Strategic Initiatives to Strengthen Financial Position and Sharpen Technology Focus,” or the most PR’d way to file for bankruptcy a few days ago was some combination of expected, concerning, and forethoughtful. Replacing entire fleets of diesel buses with battery-electric powered ones is hard enough:
First: scale. Conservatively there are tens of thousands1 of buses in operation in the US; a tiny portion of which are already battery-electric; a huge portion of which need to be battery-electric in the next 10-20 years. Proterra is/was the United States’ largest EV bus manufacturer and even still only delivered 1,300 buses between 2004 …
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