US Sec of Transportation Recognizes Proterra as Leader in US’s Movement to Energy Independence and Environmental Stewardship

Greenville, SC | January 27, 2011 – Proterra Inc, the leading maker of zero-emission commercial transit solutions, hosted United States Secretary of Transportation, Ray LaHood, at a special event at the Proterra Phase I manufacturing facilities in Greenville, SC this morning. Building on President Obama’s call to reinforce domestic business and encourage American innovation, Secretary LaHood recognized Proterra – maker of the EcoRide™ BE35 all electric bus and FastFill™ Charging Station – as a leader in the US’s movement towards energy independence and environmental stewardship.

In his remarks, Secretary LaHood reinforced President Obama’s call for a new era of American innovation and competition, emphasizing, “that’s exactly what is on display at Proterra’s new battery-powered bus manufacturing facility. Thanks to smart government investments and private sector creativity, the buses of the future are being conceived and built by skilled American workers and engineers.”

Secretary LaHood’s highlight the economic impact Proterra has on Greenville, providing stable green-energy jobs to a growing number in the community. “The company now employs over 130 workers and has plans to continue that growth throughout the year,” said Jeff Granato, President and CEO of Proterra. “We are working aggressively with the local and national support to break ground on a larger Phase II plant on the Clemson University International Center for Automotive Research campus this spring, which will allow us to meet the increasing demand for our technologies.”

Already, Proterra has been fielding an increasing number of orders and inquiries from transit agencies both domestically and internationally since working to establish an operational manufacturing facility in Greenville, SC. Sourcing over 80 percent of their materials domestically from more than 30 states, that increase translates into sustained job creation, and overall savings both economically and environmentally.

Looking forward, Proterra expects to transition additional supply sources to South Carolina while continuing to establish and expand its manufacturing facilities in the Upstate region. When completed their Phase II facility will have an initial capacity to build 1,500 electric buses a year, with the capability to double production as demand continues to grow.

The EcoRide™ BE35 is the world’s first battery electric bus that can charge in under ten minutes. When compared to traditional diesel buses used throughout the country, the EcoRide™ BE35 consistently performs with 500-percent better fuel efficiency – averaging an equivalent of 24 miles per gallon.

ABOUT PROTERRA INC – Proterra is answering the international call for efficient, cost-effective, and environmentally responsible heavy-duty vehicle solutions. Headquartered in Golden, Colorado, and with manufacturing facilities in Greenville, South Carolina, Proterra is a leading designer and manufacturer of heavy-duty electric drive systems, energy storage systems, vehicle control systems, transit buses, and fast charging stations. Proterra’s systems are scalable to all forms of commercial buses and Class 6-8 trucks. Proterra’s initial products a 35-foot battery-electric transit bus and on-rout fast charging station have been designed from the ground up to enable the world’s first ever solution for transit agencies wanting to replace conventional diesel buses on a one-to-one basis – with continuous operational capabilities. This is accomplished by combining Proterra’s light-weight composite body, highly efficient ProDrive™, advanced TerraVolt™ energy storage system, and on-route rooftop FastFill™ Charging Station to charge the bus in 5 to 10 minutes. The vehicle achieves between 24 miles per gallon diesel fuel equivalent fully loaded with 68 passengers – 500-percent better than a comparable diesel bus. For more information on Proterra and its technology please visit, www.proterra.com.

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