• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Volvo to acquire Proterra’s battery business


Proterra’s filing for Chapter 11 bankruptcy protection was a shock to the EV industry, but the blow was softened by the company’s assurance that it would either recapitalize its businesses or sell them off. Now the first step in that process appears to have taken place—the Volvo Group has been selected as the winning bidder… Read more…

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