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PTRA Stock Price, News & Analysis

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Welcome to our dedicated page for PTRA news (Ticker: PTRA), a resource for investors and traders seeking the latest updates and insights on PTRA stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PTRA's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PTRA's position in the market.

Rhea-AI Summary

Proterra Inc (NASDAQ: PTRA) announced plans to consolidate its electric bus and battery manufacturing to larger facilities in South Carolina, exiting its City of Industry, CA plant by the end of 2023. This move targets improved production efficiency and better management of supply chain disruptions. Approximately 300 roles will be affected due to workforce reductions, with the company providing severance and outplacement services. CEO Gareth Joyce emphasized the importance of financial discipline and sustainable growth amid rising adoption of zero-emission transportation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.64%
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none
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Rhea-AI Summary

Proterra Inc (NASDAQ: PTRA) has achieved a significant milestone by producing its first EV battery at the new Powered 1 manufacturing plant in Greer, South Carolina. This facility is expected to be the largest battery manufacturing site in the U.S. dedicated solely to electric commercial vehicles, and it aims to begin customer deliveries in Q1 2023. The plant will also produce drivetrains and ancillary systems, creating over 100 new jobs. With multiple gigawatt hours of production capacity planned, Proterra is well-positioned to meet the growing demand for zero-emission transportation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.33%
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none
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Rhea-AI Summary

BURLINGAME, Calif., Nov. 08, 2022 – Proterra (NASDAQ: PTRA), a leader in commercial vehicle electrification, announced its management team's participation in upcoming investor conferences. Scheduled events include Baird’s 2022 Global Industrial Conference on November 10, Bernstein’s 1st Annual Industrials Conference on November 29, and Barclays Global Automotive and Mobility Tech Conference on November 30. Proterra designs and manufactures zero-emission electric transit vehicles and EV technology solutions, emphasizing energy efficiency and durability, with facilities across the U.S.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.09%
Tags
conferences
Rhea-AI Summary

Proterra Inc (NASDAQ: PTRA) has released its third quarter 2022 financial results, now available on their Investor Relations website. A conference call is scheduled for 2:00 PM PDT on November 2, 2022, to discuss these results. Proterra is recognized for its leadership in designing and manufacturing zero-emission electric transit vehicles and EV technology solutions, emphasizing durability and energy efficiency through independent testing. Proterra’s commitment to American manufacturing is evident with its facilities located in Silicon Valley, South Carolina, and Los Angeles.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.09%
Tags
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Rhea-AI Summary

Proterra Inc (Nasdaq: PTRA) will release its third quarter 2022 financial results on November 2, 2022, after market closure. A conference call is scheduled for the same day at 2:00 PM Pacific Daylight Time to discuss the financial results. Investors can access the call via a live audio webcast on Proterra’s Investor Relations website. Proterra specializes in zero-emission electric transit vehicles and EV technology solutions, emphasizing durability and energy efficiency in its American-made products.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.3%
Tags
conferences earnings
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Rhea-AI Summary

Proterra (NASDAQ: PTRA) announced the appointment of Sara Dadyar as the new Chief People Officer, effective October 17, 2022. With over 20 years of HR experience, Dadyar previously led HR initiatives at General Electric’s Gas Power business. Her role will focus on enhancing workplace operations, recruiting, and advancing diversity at Proterra during a critical growth phase in the electric vehicle sector. CEO Gareth Joyce emphasized her skill set and experience as vital for aligning Proterra's mission with the evolving market dynamics.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.37%
Tags
management
Rhea-AI Summary

Proterra has entered a multi-year supply agreement with ElDorado National (California) to provide its S-Series battery systems for the next-generation Axess® Battery Electric Bus (EVO-BE). The buses will be available in various lengths for transit agencies, with the first deliveries expected in 2023. Proterra’s battery technology aims to enhance zero-emission transportation solutions, contributing to cleaner air across U.S. cities. This collaboration underscores Proterra's leadership in electric vehicle technology, which has already proven effective over 30 million service miles.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.41%
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none
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Rhea-AI Summary

BURLINGAME, Calif., Sept. 1, 2022 (GLOBE NEWSWIRE) -- Proterra Inc (NASDAQ: PTRA), a leader in commercial vehicle electrification, announced upcoming participation in key investor conferences. Events include Citi’s 2022 Global Technology Conference in New York (Sept. 8, 2022), the Cowen’s 15th Annual Global Transportation and Sustainable Mobility Conference (virtually on Sept. 9, 2022), and D.A. Davidson’s 21st Annual Diversified Industrials & Services Conference in Nashville (Sept. 22, 2022). Interested portfolio managers can contact their sales representatives for meeting requests.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Tags
conferences
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Rhea-AI Summary

Proterra Inc (NASDAQ: PTRA) released its second quarter 2022 financial results on August 2, 2022, accessible via its Investor Relations website. The company leads in designing and manufacturing zero-emission electric transit vehicles and related technology solutions. A conference call is scheduled for the same day at 2:00 PM PDT to discuss these results and offer business updates. Proterra's products are noted for their durability and energy efficiency, with manufacturing based in America, supporting the transition to cleaner public transportation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.84%
Tags
Rhea-AI Summary

aifleet has announced the appointment of Roger Nielsen, former President and CEO of Daimler Truck North America, to its Board of Directors as the first independent member. Nielsen's leadership experience includes driving annual sales to $20 billion and achieving a market share over 40% at DTNA. He aims to leverage his skills to enhance aifleet's growth and innovation in the trucking industry, valued at $800 billion. aifleet focuses on improving asset utilization and driver experience through advanced technology.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.98%
Tags
management
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