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Proterra, a California-based electric bus maker that counts CapMetro among its customers, announced it will seek Chapter 11 bankruptcy protections. Amid bankruptcy filing, EV maker Proterra ...
Proterra Inc. was an American electric vehicle and powertrain manufacturer based in Burlingame, California. The company designed and manufactured battery electric transit buses , powertrain systems for other heavy-duty vehicle builders and charging systems for fleets of heavy-duty vehicles.
Electric bus and truck maker Proterra says it is seeking Chapter 11 bankruptcy protection from a federal court in Delaware. The Burlingame, California, company is a big supplier of buses to ...
Aug. 28—The electric bus company expected to provide the City of Albuquerque with 20 buses by 2026 filed for bankruptcy earlier this month. But that hasn't hit the brakes on the city's plans to ...
A conventional bankruptcy case is one in which the debtor files for Chapter 11 relief without having agreed in advance to the terms of a plan of reorganization with its creditors. During the course of the Chapter 11 case, the debtor or, if the debtor does not retain the exclusive right to propose a plan, a creditor or creditor group may ...
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A few, including EV parts supplier Proterra and electric pickup truck maker Lordstown Motors, have begun bankruptcy proceedings. ($1 = 0.9431 euro) (Reporting By Nick Carey)
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