Part of the problem is the manufacturer of the buses, Proterra, filed for Chapter 11 bankruptcy in August. The company, ...
Phoenix Motorcars obtained Proterra’s transit buses after the company filed for Chapter 11 bankruptcy in August 2023. Phoenix Motorcars did not immediately respond to a request for comment from ...
The safety advisory was issued due to vehicle controller software inside certain vehicles that may allow the electrical circuit for the radiator fan to overheat, increasing the risk of a fire.
Proterra, another notable name in the EV space, filed for Chapter 11 in August 2023, falling victim to an aggressive expansion strategy that drained its capital reserves. Lordstown Motors ...
and a second incident with a smoking vehicle occurred in January 2024, according to a report from Smart Cities Dive. Phoenix Motorcars obtained Proterra’s transit buses after the company filed for ...
Brazil's Gol and Abra group, the airline's majority investor, have reached an agreement that will eliminate up to $2.55 billion in debt from the carrier's books.
Delta Apparel ( (DLAPQ) ) has shared an update. Delta Apparel, Inc. is undergoing Chapter 11 bankruptcy proceedings, cautioning investors that ...
A subset of sexual abuse accusers whose compensation is a key part of the plan and a group of Boy Scout insurers—have spent ...
The filing follows Exactech’s failure to settle product liability claims from about 2,600 patients in response to recalls of ...
TGI Fridays filed for Chapter 11 bankruptcy early on Saturday morning just days after shuttering nearly 50 restaurants. Added to the list of closures in January, when the struggling casual-dining ...