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Posts tagged as: Jeff Granato

Proterra rebounds with $30M venture capital

With advances in technology, going to a more than 90-percent charge can be done in minutes. Photo courtesy Foothill Transit

On Monday, Golden, CO-based Proterra Inc. received $30 million from an investment group. The new influx of money comes just months after Proterra investor Francisco Illarramendi pled guilty in March to multiple fraud counts and other charges.

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All-electric buses make inroads

As all-electric buses continue to make greater inroads into the motorcoach and transit industries, the terminology is slowly changing from miles-per-gallon to miles-per-kilowatt. Although the Chinese have been using some form of electric bus for years, an increasing number of agencies in the U.S. are accepting and utilizing all-electric transit vehicles. Fleets now sport sleek, all-electric vehicles with the capacity to save thousands of dollars over a vehicle’s lifetime. Also, technology has improved to the point where recharging can be done in minutes.

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