Proterra announces multi-year battery supply agreement with The Shyft Group for Blue Arc electric delivery vans and EV chassis
March 22 2022 - 8:00AM
Proterra Inc (NASDAQ: PTRA), a leading innovator in commercial
vehicle electrification technology, today announced a strategic,
multi-year supply agreement with The Shyft Group® to power their
Blue Arc™ purpose-built electric delivery van and EV chassis with
Proterra’s industry-leading battery technology.
“Electrifying delivery vans means cleaner air in
our neighborhoods where we live and work, protecting the health of
our families and communities,” said Gareth Joyce, Proterra CEO.
“Proterra is delighted to bring our proven, best-in-class battery
technology to Blue Arc to help power the transition to
zero-emission delivery and commercial vehicles.”
“Partnering with Proterra provides Blue Arc with an
industry-leading battery source that offers proven technology for
our truly commercial grade EV solutions,” said Daryl Adams,
President and CEO, The Shyft Group. “We are pleased to have them
committed to a long-term relationship to ensure the stability and
flexibility required as we grow this business.”
Proterra Powered™ battery systems are designed
and manufactured in the United States and have industry-leading
energy density to meet the demands of commercial vehicle
applications. The Proterra Powered H-Series battery system will
provide the Blue Arc electric delivery van with an approximate
range of 150 to 175 miles on a single charge with the opportunity
to enhance range through expanded battery options.Proterra battery
systems feature a customizable design to increase flexibility for
commercial vehicle manufacturers. The compact H-Series battery
system powering the Blue Arc electric delivery van and EV chassis
was designed to package between truck frame rails. In addition to
industry-leading energy density, Proterra battery systems are
manufactured with safety mechanisms built directly into the battery
architecture and undergo rigorous testing to withstand the toughest
conditions.
Proterra’s battery systems have been proven through
more than 25 million service miles driven by Proterra Transit
vehicles and selected by world-class commercial vehicle
manufacturers to power zero-emission electric delivery vehicles and
work trucks, semi-trucks, construction and mining equipment, school
and coach buses, and low-floor cutaway shuttles.
The Blue Arc delivery van is a 100%
battery-electric Class-3 commercial delivery vehicle designed for
high-frequency, last-mile delivery fleets. With a high degree of
configurability, the all-electric Blue Arc chassis is adaptable to
last-mile delivery, work truck, mass transit, recreational vehicle
and other emerging EV markets. Production of the first Blue Arc
delivery vans is expected to begin by mid-2023.
Note: Blue Arc™ is a trademark of The Shyft
Group
About ProterraProterra 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. For more
information, please visit www.proterra.com
Media ContactProterra Corporate
CommunicationsPR@proterra.com
Investor ContactProterra Investor
RelationsIR@proterra.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/a64654bd-91e0-41fd-ba90-767fef3eae9e
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