Tag: electric bus
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Proterra, the Tesla of electric buses, closes in on $1 billion valuation
Proterra has authorized shares to raise $75 million, with a fresh form of funding that would push the electric bus maker’s valuation past $1 billion, TechCrunch has learned. The company authorized the selling of 10,857,762 stocks at a price of $6.91 in a Series 8 around, according to a securities filing that has been acquired…