Proterra Selected by Capital Metro In One of the Largest Electric Transit Bus Procurements In North America
September 28 2021 - 8:00AM
Proterra Inc (NASDAQ: PTRA), a leading innovator in commercial
vehicle electrification technology, today announced that Capital
Metro in Austin, Texas has approved a plan to purchase 26 40-foot
Proterra ZX5 Max electric transit buses, featuring a total of more
than 17 megawatt hours of battery storage capacity. The plan
approved by Capital Metro also contains options for the agency to
acquire an additional 126 40-foot electric transit buses and
chargers over five years.
The procurement plan approved by Capital Metro marks one of the
largest acquisitions of battery-electric transit buses in North
America.
Capital Metro’s first Proterra ZX5 Max buses are slated to be
delivered in 2022.
Today’s announcement is Capital Metro’s third and largest
procurement of Proterra battery-electric transit buses. Over the
past year and a half, the agency introduced its first six Proterra
electric-transit buses as well as its North Operations electric bus
yard, which utilizes Proterra Energy interoperable charging
infrastructure to support the agency’s growing fleet of electric
transit buses.
Designed and manufactured in the United States, Proterra’s
electric transit buses are equipped with the company’s
industry-leading battery technology systems. The 40-foot Proterra
ZX5 Max selected by Capital Metro features 675 kWh of energy
storage to deliver up to 329 miles of drive range on a single
charge, which represents the most energy storage and longest drive
range of any 40-foot electric bus available in the market
today.
“Proterra is incredibly proud to build on our strong partnership
with CapMetro and deliver our newest, fifth-generation electric bus
technology to help Austin realize its important goal of 100%
zero-emission transportation,” said Josh Ensign, President of
Proterra Transit. “Through its embrace of next-generation electric
bus technology and charging infrastructure, CapMetro is setting a
model for others to follow in the transition to clean, quiet
transportation for all.”
“Today’s announcement is a major milestone for CapMetro as we
strive to provide safe, clean and equitable transportation
for our community for generations to come,”
said CapMetro President and CEO Randy Clarke. “Public
transportation has a bright future in Central Texas as
we continue to bring Project Connect to life in the coming years.
With this electric bus procurement, we are showing our dedication
to a cleaner tomorrow.” Capital Metro has established a goal to
transition its entire fleet of more than 400 transit vehicles with
zero-emission buses.
With more than 700 vehicles on the road today, Proterra battery
systems have been proven over 20 million service miles driven and
selected by world-class commercial vehicle manufacturers to
electrify delivery vehicles, construction equipment, school buses,
coach buses, and more. Proterra Transit battery-electric buses
feature zero tailpipe emissions, saving approximately 230,000
pounds of greenhouse gases annually when replacing a diesel bus.
The company’s fleet of zero-emission, electric transit buses have
displaced over 100 million pounds of CO2 tailpipe emissions.
In addition to the Company’s Proterra Transit and Proterra
Powered business units, Proterra Energy offers a turn-key approach
to delivering the complete energy ecosystem for heavy-duty electric
fleets through charging infrastructure design, build, financing,
operations, maintenance and energy optimization.
About Proterra
Proterra is a leader in the design and manufacture of
zero-emission electric transit vehicles and EV technology solutions
for commercial applications. With industry-leading durability and
energy efficiency based on rigorous U.S. independent testing,
Proterra products are proudly designed, engineered, and
manufactured in America, with offices in Silicon Valley, South
Carolina, and Los Angeles.
About Capital Metro
Capital Metro connects people, jobs and communities by providing
Central Texans with safe, high-quality and sustainable
transportation alternatives. The agency provides 30 million rides
annually on its buses, trains, paratransit and vanpool vehicles and
serves a population of more than 1.2 million in its 543-square-mile
service area. The region’s transportation leader, Capital Metro has
invested in transit services like its High-Frequency Network,
which move more people, more reliably. Capital Metro is committed
to increasing regional mobility and, through Project Connect, will
transform how people travel throughout Central Texas. Visit
capmetro.org for more information.
Proterra Media Contact
Proterra Corporate Communications
PR@proterra.com
Proterra Investor Contact
Proterra Investor Relations
IR@proterra.com
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