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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 ...
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 ...
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.
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 ...
The Companies' Creditors Arrangement Act [1] (CCAA; French: Loi sur les arrangements avec les créanciers des compagnies) is a statute of the Parliament of Canada that allows insolvent corporations owing their creditors in excess of $5 million to restructure their businesses and financial affairs.
The abandonment of the lawsuit comes after the United States District Court for the Northern District of Texas denied a motion for class certification in the lawsuit. Life Partners, Inc. is a life settlement provider and provides purchasing agent services for life settlement transactions.
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)
The hyper-competitive EV market has seen several companies, including Proterra, Lordstown and Electric Last Mile Solutions, file for bankruptcy in the past two years as they grappled with ...