PTRA News and Press, Proterra Inc From 06/08/23

BURLINGAME, Calif., June 08, 2023 (GLOBE NEWSWIRE) -- Proterra Inc (NASDAQ: PTRA), a leading innovator in commercial vehicle electrification technology, today announced the appointment of Jeffrey Embt as Chief Accounting Officer (CAO), effective June 8, 2023. As Proterra’s CAO, Mr. E...

2023-06-06 10:26:25 ET Summary Global electric car sales April 2023 were up 70% YoY to 14% share. China sales up 93% YoY to 35% share. Europe up 25% YoY to 21% share. EV market news - China’s new emission rules pressure car dealers to clear stocks before July 1, 2023. Tesla...

2023-06-02 07:07:52 ET Bank of America's proprietary bi-weekly Truckload Demand Indicator for shippers' freight demand outlook for three months out decreased 4% sequentially to 42.6 from 44.3 last survey. The reading was down 27% year-over-year and is the 5th lowest level on record for the ...

2023-05-30 15:25:42 ET Summary Proterra was oversold in March as profitability and growth weakened. Our finding suggests that it remains well-positioned to capture the long-term demand for heavy commercial EVs in the US and globally. Cost efficiencies through staff cuts and consol...

2023-05-30 08:31:34 ET Summary Proterra is a leading American automotive and energy storage company that designs and manufactures zero-emission electric transit vehicles and EV technology solutions for commercial applications. The company faces challenges such as negative gross ma...

2023-05-24 14:11:26 ET In its preliminary annual 2023 Russell indexes reconstitution, a total of 164 companies will be added and 319 deleted from the Russell microcap index. Following notable industrial companies will be added and deleted from Russell microcap index. Notable additions...

2023-05-16 11:56:04 ET Selling pressure hit pockets of the electric vehicle sector again on Tuesday as investors continue to digest the recent trips into the quarterly earnings confessional from companies big and small. Notable decliners in late morning trading included ( PEV ) -1...

2023-05-16 06:30:11 ET Summary Commercial Vehicle Group stock is under intense accumulation in late April and May, on a much better-than-expected earnings and sales report for the last quarter. The valuation is low, and return/margins could rise strongly from today. Robust dem...

BURLINGAME, Calif., May 11, 2023 (GLOBE NEWSWIRE) -- Proterra Inc (NASDAQ: PTRA), a leading innovator in commercial vehicle electrification technology, today announced that Jack Allen’s term as Non-Executive Chairman and Member of Proterra’s Board of Directors will expire at the com...

2023-05-10 06:24:08 ET Summary Global electric car sales for March 2023 were up 28% YoY to 16% share. China sales up 23% YoY to 34% share. Europe up 29% YoY to 23% share. EV market news - EPA proposes auto pollution limits to aggressively boost EV sales. IEA says "nearly one in fi...