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VC-funded Company:

Motiv Power System

Founded in 2009 and headquartered in the San Francisco Bay Area, Motiv Power Systems is a sustainable technology company delivering proven electric truck and bus chassis and related charging infrastructure. Its commitment to freeing fleets from fossil fuels provides fleets a seamless pathway to electrification. Motiv's Ford eQVM-approved and CARB-certified EV technology operates at over 98 percent uptime today and uses high-performance BMW batteries for many configurations, including step vans, box trucks, work trucks, shuttle buses, school buses, trolleys, and more. Motiv has delivered 120 that have traveled more than one million miles across North America. The company's solutions not only offer fleets up to 85 percent operation and maintenance cost savings, but also provide operators with a healthier and more comfortable driving experience without polluting the communities they serve. For more information and career opportunities, please visit www.motivps.com.

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Funding Events

Date
Amount
Type
Investors
Valuation
01/12/21 $20,000,000 Venture Crescent Cove Advisors
undisclosed