Proterra Inc. provides commercial vehicles in the United States, the European Union, Canada, Australia, and Japan. It operates through Proterra Powered and Energy and Proterra Transit business units. The Proterra Powered and Energy business unit designs, develops, manufactures, sells, and integrates battery systems and electrification solutions into vehicles for commercial vehicle OEM customers serving delivery trucks, school buses, coach buses, construction and mining equipment, and other applications. It also provides turnkey fleet-scale, high-power charging solutions and software services, ranging from fleet and energy management software-as-a-service to fleet planning, hardware, infrastructure, installation, utility engagement, and charging optimization. The Proterra Transit business unit designs, develops, manufactures, and sells electric transit buses as an OEM for North American public transit agencies, airports, universities, and other commercial transit fleets. Proterra Inc. was incorporated in 2004 and is headquartered in Burlingame, California.

Proterra Inc.

A self-described pioneer in innovative battery technology dedicated to powering a more sustainable future.

Proterra

Communities are growing and evolving, and our commercial and industrial needs are changing. Now more than ever, we need safe, reliable, and clean options. Manufacturers can now partner with electrification experts at Proterra to electrify their medium- and heavy-duty commercial vehicles and industrial equipment.   

Proterra battery technology is already powering commercial vehicles and equipment from world-class manufacturers, helping operators reduce emissions while lowering operating costs. Designed in Silicon Valley and manufactured in Greer, South Carolina, by the best minds in battery engineering, Proterra battery systems are safe, reliable, and efficient. 

Proterra is open for business and our premium battery technology is electrifying commercial vehicles throughout the industry! 

Learn more about how Proterra is powering a more sustainable future on our July 23 webinar "Get to Know Proterra" with Claire McConnell, Chief Business Officer, and Kevin Anderson, Chief Technology Officer. 

Sign up here: https://lnkd.in/gR5Fd8-8

Meet Sophie Palmer (and Otis), Mechanical Design Engineer at Proterra!

Tell us about you background and where did you grow up? 

I was born and spent a significant part of my childhood in Germany, before moving outside of Boston where my mom's family is from. I studied mechanical engineering (modified with studio art!) at Dartmouth College in Hanover, NH where I quickly learned how much I love the challenge of building technical skills while also taking courses in studio art and the liberal arts. This mix of humanities to understand the global needs of our generation and technical problem solving felt like a really great foundation moving into my first job!

What do you enjoy most about your role at Proterra?

Ever since I started at Proterra, I've felt extremely grateful for the freedom and responsibility my team gives me. As a mechanical design engineer, I get to make a tangible impact on not only our product, but also the clean transportation industry.

What motivated you to join the clean transportation industry?

I originally joined Proterra as an avid public transportation fan. Growing up in Germany, I learned to use public transit over car travel and as an adult learned to appreciate its power to reduce pollution. Electrification of public transit and the heavy duty industry is another critical step towards reducing the damage of today's climate crisis.

The transportation sector is a major contributor to global GHG (greenhouse gas) emissions, with medium and heavy-duty vehicles playing a significant role. As efforts to reduce carbon footprints increase, electrifying these vehicles becomes crucial. 
 
Proterra is committed to powering the shift to electric by building innovative battery technology tailored for commercial applications. 
 
Read more in the article below ⬇️

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Looking to learn more about Proterra? Join our webinar "Get to Know Proterra" on July 23: https://lnkd.in/gR5Fd8-8

#PoweredbyProterra #Electrification #Battery #CleanTechnology #Emobility #ZeroEmissions

Wishing everyone a happy and safe Fourth of July!

📍 Proterra's Battery Manufacturing Facility in Greer, South Carolina

Proterra is powering the shift to zero-emission ports!

This week, our team had the honor of joining our partners Taylor Machine Works, Inc. at the Port of Los Angeles Yusen Terminals LLC in celebrating the first commercial battery-electric container handlers put into operation in the United States.

Powered by Proterra battery technology, these Taylor Machine Works, Inc. battery-electric machines will replace five diesel-fueled container handlers at the Port of Los Angeles - cutting air pollution in the region while aligning with the Port's goal of moving all cargo handling equipment on its terminals to zero emissions by 2030.

Learn more from our partners Taylor Machine Works, Inc. about this major milestone here: https://lnkd.in/gft6JJZG

Behind our cutting-edge battery technology stands our world-class design and test engineering teams.

Discover how their collaboration ensures Proterra battery technology achieves the highest standards of performance and safety.

Join us in our upcoming spotlight series as we take you behind the scenes of our rigorous testing processes to meet members of our design and test engineering teams. From advanced simulation techniques to comprehensive stress testing, learn about the innovative methods that keep our batteries at the forefront of safety and reliability.

Stay tuned for insights into Proterra’s expertise and innovation!

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#PoweredbyProterra #EV #Emobility #Electrification #Battery #CleanTechnology

	Dec '20	Dec '21	Dec '22
account payables	25.07M -	53.40M 112.99%	57.82M 8.27%
accumulated other comprehensive income loss		-588K -	-545K 7.31%
cash and cash equivalents	110.72M -	170.04M 53.58%	73.69M 56.66%
cash and short term investments	179.71M -	661.01M 267.82%	298.05M 54.91%
common stock	1K -	22K 2,100%	22K 0%
deferred revenue	16.02M -	13.82M 13.70%	30.02M 117.18%
deferred revenue non current	12.21M -	22.59M 85.03%	37.38M 65.51%
deferrred tax liabilities non current
goodwill
goodwill and intangible assets
intangible assets
inventory	92.33M -	114.56M 24.07%	169.57M 48.02%
long term debt	141.26M -	131.96M 6.58%	18.10M 86.29%
long term investments
net debt	36.75M -	-33.99M 192.50%	73.97M 317.61%
net receivables	51.72M -	81.64M 57.87%	130.34M 59.64%
other assets
other current assets	17.89M -	29.22M 63.35%	50.89M 74.17%
other current liabilities	16.68M -	20.63M 23.71%	33.55M 62.60%
other liabilities
other non current assets	9.37M -	8.93M 4.67%	46.91M 425.22%
other non current liabilities	123.00M -	15.24M 87.61%	17.16M 12.59%
othertotal stockholders equity	682.67M -	1.58B 131.29%	1.61B 2.19%
preferred stock	13K -
property plant equipment net	63.90M -	86.53M 35.42%	127.83M 47.73%
retained earnings	-608.22M -	-858.23M 41.10%	-1.10B 27.73%
short term debt	6.21M -	4.08M 34.22%	129.57M 3,072.58%
short term investments	68.99M -	490.97M 611.65%	224.36M 54.30%
tax assets
tax payables
total assets	414.91M -	981.89M 136.65%	840.46M 14.40%
total current assets	341.64M -	886.43M 159.46%	665.72M 24.90%
total current liabilities	63.98M -	91.94M 43.71%	250.96M 172.95%
total debt	147.47M -	136.05M 7.75%	147.67M 8.54%
total investments	68.99M -	490.97M 611.65%	224.36M 54.30%
total liabilities	340.44M -	261.74M 23.12%	323.60M 23.64%
total liabilities and stockholders equity	414.91M -	981.89M 136.65%	840.46M 14.40%
total non current assets	73.27M -	95.46M 30.29%	174.74M 83.05%
total non current liabilities	276.47M -	169.79M 38.59%	72.64M 57.22%
total stockholders equity	74.47M -	720.15M 867.09%	516.86M 28.23%

NASDAQ:PTRA

Proterra

Last Close

0.07

18/07 20:00

Volume Today

53.14M

Avg: 2.94M

PE Ratio

−0.02

PFCF: −0.05

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