METRO Magazine Logo
MenuMENU
SearchSEARCH

Proterra receives $20M from cleantech investor

MK Energy and Infrastructure’s investment will accelerate the construction of Proterra’s first full-scale manufacturing plant in Greenville, S.C., which will break ground later this year and have capacity to make 2,500 EcoRide BE-35 buses annually and employ 1,300 workers over the next five years.

June 9, 2010
1 min to read


On Wednesday, Proterra Inc, a provider of clean commercial transit solutions including zero emission city buses, announced $20 million in funding from cleantech investor, MK Energy and Infrastructure LLC (MK E+I). The money will fund Proterra’s efforts to provide cleaner and more economical public transportation options to transit agencies in the U.S. and internationally.

 

MK E+I’s investment will accelerate the construction of Proterra’s first full-scale manufacturing plant in Greenville, S.C., which will break ground later this year and have capacity to make 2,500 EcoRide BE-35 buses annually and employ 1,300 workers over the next five years. Funds will also be used to advance Proterra’s clean technology research and to promote policies in support of clean commuting.

Ad Loading...

 

At the Greenville plant, Proterra will manufacture its transit bus, the EcoRide BE-35, a patented, zero emission, fast-charge, battery-electric transit bus that replaces traditional diesel buses. The EcoRide BE-35 achieves 500 percent greater fuel efficiency than conventional diesel buses and more than 400 percent greater efficiency than the most advanced hybrid transit buses traveling the roads today, according to the Federal Transit Administration sponsored Altoona, Penn. Bus Testing Center.

More Bus

Assemblywoman Castillo and ENC officials at California facility.
Busby StaffMarch 23, 2026

ENC Hosts California Assemblywoman, Celebrates American Manufacturing and Economic Growth

The visit underscored ENC's role as a major employer in Assembly District 58 and its commitment to American manufacturing and skilled local jobs.

Read More →
Cover of METROspectives episode with The Bus Coalition
BusMarch 20, 2026

Inside The Bus Coalition’s Push for Stronger Federal Transit Investment

In this conversation, TBC’s Executive Director Ed Redfern, President Corey Aldridge, and Washington Representative Joel Rubin outline the coalition’s key policy priorities, the challenges facing transit agencies, and how industry stakeholders can work together to strengthen the voice of bus transit at the federal level.

Read More →
County and agency officials break ground in front of a red and yellow King County Metro public transit bus.
Busby StaffMarch 20, 2026

Seattle’s King County Breaks Ground on RapidRide I Line to Expand High-Capacity Transit

The 17-mile RapidRide I Line will bring faster, more frequent service and improved regional connections across South King County.

Read More →
Ad Loading...
paratransit bus
SponsoredMarch 16, 2026

Measuring the True Cost of Paratransit Fleets

What truly drives the cost of a paratransit fleet? Beyond the purchase price, seven operational factors quietly determine maintenance frequency, downtime, and long-term service reliability. This whitepaper explores how these factors shape lifecycle cost and what agencies should evaluate when selecting paratransit vehicles.

Read More →
Cover photo for METROspectives with The Bus Coalition
Busby Alex RomanMarch 13, 2026

Inside The Bus Coalition’s Push for Stronger Federal Transit Investment

In this conversation, TBC’s Executive Director Ed Redfern, President Corey Aldridge, and Washington Representative Joel Rubin outline the coalition’s key policy priorities, the challenges facing transit agencies, and how industry stakeholders can work together to strengthen the voice of bus transit at the federal level.

Read More →
Cover photo for Biz Briefs dated March 6, 2026
Technologyby Staff and News ReportsMarch 6, 2026

Biz Briefs: Tolar Manufacturing Supports PSTA Spark Service and More

Stay informed with these quick takes on the projects and companies driving progress across the transportation landscape.

Read More →
Ad Loading...
Passengers boarding a PRT bus
Busby StaffMarch 2, 2026

Pittsburgh Unveils 'Bus Line Refresh' Plan

Originally introduced in 2023 as the Bus Line Redesign, the effort has evolved into a more targeted update that maintains familiar routes while improving reliability, frequency, evening and weekend service, and connections across Allegheny County.

Read More →
Stickers and a paper bus for S3 bus line
Busby StaffMarch 2, 2026

Seattle's Sound Transit Breaks Ground on S3 Bus Line

S3 will connect communities along SR 522 with fast, reliable, battery-electric bus service from Shoreline South Station to Bothell via Kenmore and Lake Forest Park. 

Read More →
PRT bus stop with articulated bus.
Busby StaffFebruary 20, 2026

Pittsburgh Regional Transit Announces All-Door Boarding on the University Line

All-door boarding will allow passengers to pay while entering the front, middle, or rear doors of the University Line’s 60-foot articulated buses.

Read More →
Ad Loading...
Patrick Scully, president at Complete Coach Works.
Managementby StaffFebruary 18, 2026

Complete Coach Works Names Patrick Scully President

He succeeds the company founder, Dale Carson, who remains chairman of the board. 

Read More →