Autonomous & Electric MobilityAV/EM NewsElectrification

Volvo Acquires Proterra Inc. Battery Unit

BURLINGAME, CA—Volvo Group has acquired the battery business of Proterra Inc., which recently filed for Chapter 11 bankruptcy. The company also makes battery-powered transit buses and charging stations.

The assets to be acquired include a development center for battery modules and packs in Burlingame, CA, and an assembly plant in Greer, SC.

Phoenix Motor Inc., a manufacturer of medium-duty shuttle buses and school buses, is acquiring Proterra’s electric bus division.

Austin has been senior editor for ASSEMBLY Magazine since September 1999. He has more than 21 years of b-to-b publishing experience and has written about a wide variety of manufacturing and engineering topics. Austin is a graduate of the University of Michigan.

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ASSEMBLY is thrilled to return to the Music City Center in Nashville, TN for The ASSEMBLY Show SOUTH on May 1-2, 2024. This is a booming time for manufacturing and the U.S. South is right in the heart of the action. According to ASSEMBLY’s most recent annual capital spending survey, the South is projected to account for 31 percent of total spending this year, marking the fifth straight year this region has accounted for at least 30 percent of capital spending in the U.S.

May 14, 2024

How to Drive Product Innovation With Quality Function Deployment (QFD)

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