electric bus

Amtrak has taken a leap forward in its sustainability efforts by introducing its first electric bus on the Pacific Northwest’s Cascades route, replacing a diesel-powered bus. According to Electrek, the rollout, which took place on Aug. 16, is a collaboration between Amtrak and...

Electric bus and battery maker Proterra Inc. begins its life as a publicly-traded company Wednesday, ringing the bell on the Nasdaq as it collects a $640 million payout from its special purpose acquisition company (SPAC) sponsor. But Proterra CEO Jack Allen said more than money was involved with...

It was a slow week for the SPAC market, with three deal announcements and only a couple rumored deals. There also were no new SPAC offerings during the week — unusual for a market segment that has been so hot over the last year. Benzinga's "SPACs Attack" covered the deals and...

Two electric bus companies that are merging with SPACs landed new deals with school districts this week. Proterra Lands Large Order: Montgomery County in Maryland placed one of the largest electric bus orders ever seen in the U.S. market. The county, which is near Washington, D.C., covers...

Lion Electric CEO Marc Bedard and Northern Genesis Acquisition Corp's (NYSE: NGA) Ian Robertson joined Benzinga’s SPACs Attack show to discuss their merger and growth ahead. The SPAC Deal: Lion Electric is going public via a SPAC due to the speed to market. The merger will save...

A leading electric bus maker is going public via SPAC in a deal announced Tuesday morning. The SPAC Deal: Electric bus leader Proterra is being taken public by ArcLight Clean Transition Corp (NASDAQ: ACTC). The deal values Proterra with an enterprise value of $1.6 billion. Current ArcLight...

Two companies going public via SPAC are using electric school buses in a test of vehicle to grid deployments for one of the largest utility companies in the U.S. What Happened: Lion Electric, set to merge with SPAC Northern Genesis Acquisition Corp (NYSE: NGA), announced its electric school bus...

Electric vehicle company Lion Electric is set to go public through a SPAC merger, confirming rumors from Bloomberg in October. What Happened: Lion Electric announced a merger with SPAC Northern Genesis Acquisition Corp (NYSE: NGA). Shareholders in Northern Genesis will own 20.5% of the new...