Proterra rises after battery supply deal with Shyft

Proterra

22/03/2022 12:58

** EV company's shares  PTRA.O  up 1.6% at $7.5  premarket
    ** PTRA says it entered into a multi-year supply agreement
to provide Shyft Group  SHYF.O  with battery systems to power
SHYF's Blue Arc electric delivery van and EV chassis
    ** Says Proterra Powered H-Series battery system will
provide Blue Arc electric delivery van with range of 150 miles
to 175 miles with opportunity to enhance through more battery
options
    ** Up to last close, PTRA had fallen ~16% YTD

 (Reporting by Akash Sriram in Bengaluru)
 ((Akash.Sriram@thomsonreuters.com;))