Proterra Among 24 Companies Recognized as a Leading Global Technology Pioneer

Sept. 8, 2014
Award recognizes societal, business impact of company’s zero-emissions, all-electric transit technology.

Proterra Inc. has been honored as a 2015 Technology Pioneer by the World Economic Forum (WEF).

One of only 24 companies selected worldwide, Proterra is the only company on this prestigious list serving the mass transit sector. The WEF’s Technology Pioneers program recognizes companies from around the world involved in the design, development and deployment of new technologies poised to have a significant impact on business and society. Most significantly, Technology Pioneers must demonstrate vision and the promise of long-term industry leadership, and their technology must be proven.

“Proterra is proud to be named a technology pioneer by the World Economic Forum and recognized for the effectiveness of our technology and the positive impact it has had in the communities in which our transit buses are operating,” said Ryan Popple, president and chief executive officer, Proterra Inc. “Thanks in large part to Proterra’s efforts, the transit industry is able to offer riders a viable, sustainable and cost-effective urban transit solution. We recognize the long-term importance of these efforts in achieving energy independence and protecting the environment for future generations, and we are committed to continuing to lead the way.”

Proterra has helped cities across the U.S. reduce their carbon footprints and improve the quality of life for residents. Proterra buses have logged nearly 500,000 miles of revenue service in cities across the United States, and their performance has resulted in repeat business from multiple cities. 

“The impact of technology continues to accelerate in all domains of society,” said Fulvia Montresor, director, head of technology pioneers at the World Economic Forum. “To better understand the breadth and depth of this impact, CEOs and other leaders have come to depend on their interactions with the Technology Pioneers and their diverse and innovative solutions.” A ceremony will be held to recognize the achievements of this year’s technology pioneers at the Annual Meeting of the New Champions on September 11th, 2014. The meeting, held in Tianjin, People’s Republic of China, brings together more than 1,500 leaders from over 90 countries in the areas of business, government and research.