Thomas Built Buses

Meritor will commercially produce its electric powertrain with supply agreements for buses and plans for fuel cell applications.

Money matters, but the chance to tell investors its growth story led to revenue-positive Proterra riding a SPAC to public trading.

Romeo Power Inc. claims a two-year lead over competitors in the race to fast-charging, long-range batteries for electric trucks. But new entries, backed by blank-check companies like Romeo was, are flooding the market.