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Volvo completes acquisition of battery business from Proterra Inc. and Proterra Operating Company

/PRNewswire/ The Volvo Group has today completed the previously announced transaction whereby the Group acquired the battery business from Proterra Inc. and.

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Volvo completes acquisition of battery business from Proterra Inc. and Proterra Operating Company

GOTHENBURG, Sweden, Feb. 1, 2024 /PRNewswire/ The Volvo Group has today completed the previously announced transaction whereby the Group acquired the battery business from Proterra Inc. and.

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Volvo completes acquisition of battery business from Proterra Inc. and Proterra Operating Company

GOTHENBURG, Sweden, Feb. 1, 2024 The Volvo Group has today completed the previously announced transaction whereby the Group acquired the battery business from Proterra Inc. and Proterra Operating Company Inc. The acquisition, which was made at a purchase price of USD 210M before adjustment for inventory level at closing, includes a development center for battery modules and packs in California and an assembly factory in Greer, South Carolina.

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No signs of panic as Nikola gets 2nd Nasdaq delisting warning

Nikola is in no hurry to artificially boost its stock price to ward off its second Nasdaq delisting notice in eight months. The post No signs of panic as Nikola gets 2nd Nasdaq delisting warning appeared first on FreightWaves.

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California EV company acquires Proterra's Greenville plant

California EV company acquires Proterra's Greenville plant
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