Proterra designs and manufactures purpose-built modular battery systems with high energy density and durability. Key features include cell-level passive propagation resistance for safety, active thermal management, continuous monitoring, and 100% recyclable aluminum components with partnerships for metal recovery, ensuring sustainable lifecycle management.
Zero-emission electric transit vehicles and battery-electric powertrain systems featuring modular battery packs with exceptional energy density, durability, safety measures, recyclable materials, active thermal management, and real-time monitoring.
In 2024, Volvo Group acquired the Proterra Powered business line for $210 million, Phoenix Motorcars acquired the transit bus manufacturing operations, and the energy division now operates as Camber under Anthelion Capital, maintaining and expanding a 1,500 DC fast charger network.
Prior to restructuring, Proterra raised a $415M PIPE investment with backing from Daimler Trucks, Franklin Templeton, BlackRock, Fidelity Management & Research, and other institutional investors.
