B.C. Transit still hopes to receive electric buses despite maker's bankruptcy

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California maker Proterra has filed for bankruptcy protection

B.C. Transit says it is still expecting delivery of 10 electric buses from California-based manufacturer Proterra even though the U.S. firm has filed for bankruptcy protection.

“B.C. Transit remains under contract for the 10 battery electric buses and they are still planned to arrive in Victoria this fall,” the agency said in a statement. “B.C. Transit’s first 10 electric buses are currently on the factory line and in production, and we expect to receive them in late fall of 2023.”

B.C. Transit said the first payment for the buses doesn’t happen until the vehicles are released from the factory, with subsequent payments upon delivery and after passing operational milestones. Some interpret Proterra’s intention to separate its business units and focus on supplying battery technology as a signal it will not be building vehicles.

 

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