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The transaction represents an enterprise value of $1.6 billion for Proterra.
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The agency renames its Specialized Community Area Transportation service to reflect its current mission and service execution.
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Funding is provided through the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 (CRRSAA) (H.R. 133), signed in December.
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The projects will enable communities to showcase innovative business partnerships, technologies, and practices that promote independent mobility for all.
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It is one of the country’s longest-running partnerships of the public and private sectors focused on bus operations, service quality, and maintenance.
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Regaining momentum will take time, but there are some short-term expectations we can look forward to.
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Gigi Chen-Kuo is currently TransLink’s general counsel and EVP, corporate services.
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The contracts will significantly reduce the MBTA’s carbon footprint and save the T over $3 million per year.
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While it is certain that to get ahead of the carbon-neutral curve, the transportation sector needs to focus on electrification, the industry must also figure out how to optimize the current technology it is using.
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Grande West is also expecting the first electric buses, the Vicinity Lightning™, to be completed and ready to promote to customers in early 2021.
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