Commercial EV supplier Vicinity Motor Corp. (NASDAQ: VEV) and Proterra (NASDAQ: PTRA) have announced a new collaboration to power Vicinity’s electric transit buses and work trucks with Proterra’s battery technology.
Under a new, multi-year supply agreement, Proterra battery systems will power the Vicinity Lightning 28-foot electric transit bus, and Vicinity’s strip chassis platform, which supports several commercial vehicle configurations, including utility trucks, shuttle buses and box trucks. The agreement is also expected to support Vicinity’s next-generation heavy-duty electric transit bus, VMC 1200 Class 3 work truck, and VMC 1500 Class 5 work truck.
Proterra will supply Vicinity with enough battery systems to power at least 600 Vicinity commercial EVs through 2024. The Proterra Powered Vicinity Lightning bus is expected to begin production in the third quarter of 2022, at Vicinity’s Ferndale, Washington manufacturing facility.
William Trainer, founder and CEO of Vicinity, called Proterra “a true battery technology leader,” and looks forward to “working closely with the Proterra team to make our vehicles, equipped with their advanced battery systems, a staple in North American public transportation and industrial spaces.”
“The question now is no longer if communities will transition to zero-emission, battery-electric transportation, but how fast we can get there,” said Proterra CEO Gareth Joyce. “Together with Vicinity, we are excited to build on this innovative spirit as we bring more clean transportation solutions to the communities we live in and serve.”