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BMW i Ventures makes strategic investment in electric bus company Proterra; part of $55M round

Green Car Congress

Electric bus manufacturer Proterra has closed a $55-million Series 6 round, on the heels of an oversubscribed $140-million Series 5 in January. Currently, the company has sold more than 400 vehicles to cities and communities in the US, including Seattle, Dallas, Nashville, San Jose, Philadelphia and Reno.

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Rivian introduces two quad-motor, AWD “Electric Adventure Vehicles”

Green Car Congress

Rivian, an electric vehicle manufacturer, unveiled two “Electric Adventure Vehicles”—the R1T, an all-electric pickup and the R1S, an all-electric SUV—at events surrounding the LA Auto Show this week. Both vehicles will be produced at Rivian's manufacturing facility in Normal IL. The company’s 2.6-million-square-foot

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