Motiv Power Systems is a San Francisco Bay Area-based company founded in 2009, dedicated to delivering medium-duty commercial all-electric trucks and buses, as well as charging infrastructure and fleet deployment guidance. The company's focus on step vans, shuttle buses, and box trucks showcases its innovative approach to providing zero-emission vehicles for everyday use, achieving an impressive 98% uptime and a strong customer-driven ethos. Motiv's solutions not only promise fleets up to 85% operations and maintenance cost savings but also prioritize providing operators and riders with a healthier, more comfortable experience, without polluting the communities they serve. Specializing in the Energy, Manufacturing, Renewable Energy, Sustainability, and Transportation sectors, Motive Power Systems recently secured a $5.00M Convertible Note investment on 01 March 2023, marking an important milestone in its growth trajectory. With this investment, the company is positioned to further its mission of pioneering sustainable transportation solutions. For more information about the company's products, services, or career opportunities, please visit motivps.com.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Convertible Note | $5.00M | - | 01 Mar 2023 | |
Series C | $35.00M | - | 31 Dec 2022 | |
Series C | $30.00M | - | 10 Mar 2022 | |
Series C | $40.00M | 2 | 02 Jul 2021 | |
Venture Round | $20.00M | 1 | 31 Dec 2020 |
No recent news or press coverage available for Motiv Electric Trucks.