Motiv Electric Trucks

Designed with purpose. Proven on the road.

General Information
Company Name
Motiv Electric Trucks
Founded Year
2009
Location (Offices)
Foster City, United States +3
Founders / Decision Makers
Number of Employees
103
Industries
Energy, Manufacturing, Renewable Energy +2
Funding Stage
Convertible Note
Social Media

Motiv Electric Trucks - Company Profile

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.

Taxonomy: Electric Vehicles, Commercial Vehicles, Zero-Emission Vehicles, Battery Electric Trucks, Charging Infrastructure, Fleet Solutions, Sustainable Transportation, Urban Mobility, Medium-Duty Trucks, Box Trucks, Shuttle Buses, Step Vans, Clean Energy Technology, Environmental Impact

Funding Rounds & Investors of Motiv Electric Trucks (10)

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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

View All 10 Funding Rounds

Latest News of Motiv Electric Trucks

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No recent news or press coverage available for Motiv Electric Trucks.

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