PROTERRA POWERED LLC

Proterra Power Launches Large Flex: Delivering Scalable, Customizable Battery Solutions for Diverse Industrial Applications

BURLINGAME, CA – October 26, 2023 – Proterra Power, a leading provider of battery technology, today announced the launch of Large Flex, a new modular battery platform designed to power a wide range of industrial vehicles and equipment. Built on Proterra’s proven battery expertise, Large Flex offers unprecedented scalability and customization, allowing manufacturers to quickly and cost-effectively integrate reliable, high-performance battery power into their machines. Proterra Power, headquartered at 1815 Rollins Rd, Burlingame, CA, 94010-2204, has been quietly revolutionizing the electric mobility landscape for years. Originally focused on powering electric buses with its robust and long-lasting battery packs, the company realized the potential of its technology extending far beyond public transportation. “We saw a real need in the industrial space for flexible battery solutions," explained Greg Hayes, VP of Business Development at Proterra Power. “Companies are looking to electrify everything from construction equipment to delivery vehicles, but off-the-shelf options often don’t fit their needs, or come with huge development costs. Large Flex solves that problem.” What is Large Flex? Large Flex isn’t just another battery pack; it's a building block approach to power. Think Lego bricks, but for electric vehicles. It's built around standardized, high-energy-density battery modules that can be combined in various configurations to meet the specific voltage and capacity requirements of different applications. “We’re talking about everything from a small forklift needing 48 volts to a large mining truck needing 800 volts or more,” Hayes continued. “With Large Flex, we can tailor a solution to exactly what they need, without the massive engineering effort and tooling costs typically associated with custom battery development." Key Features and Benefits: Scalability: The modular design allows for easy scaling of voltage and capacity, adapting to a huge range of applications. Need more power? Just add more modules. Customization: Proterra's engineers work closely with manufacturers to optimize the battery pack configuration for their specific vehicle or machine. This includes placement, thermal management, and integration with existing systems. Reduced Development Costs: By leveraging Proterra’s existing battery technology and standardized modules, manufacturers can significantly reduce development time and costs compared to designing and building a battery pack from scratch. Fast Time to Market: The pre-validated modules and streamlined integration process allow manufacturers to get their electric vehicles and equipment to market faster. Proven Reliability: Large Flex is built on Proterra’s well-established battery technology, which has been rigorously tested and proven in thousands of electric buses operating in real-world conditions. High Energy Density: The advanced battery cells used in Large Flex deliver a high amount of energy for their size and weight, maximizing vehicle range and performance. Integrated Battery Management System (BMS): A sophisticated BMS monitors and controls the battery pack, ensuring optimal performance, safety, and longevity. Thermal Management: An efficient thermal management system keeps the battery pack operating at its ideal temperature, even in demanding conditions. Beyond Electric Buses: Addressing a Growing Market Proterra Power’s decision to expand its battery technology beyond electric buses is a strategic move that positions the company to capitalize on the rapidly growing demand for electric solutions in the industrial sector. Industries such as construction, mining, agriculture, material handling, and logistics are all actively exploring ways to reduce emissions and improve efficiency by electrifying their equipment. “We’re seeing a massive shift towards electrification across all industries,” said Sarah Chen, Proterra Power’s Chief Technology Officer. “Companies are realizing that electric solutions not only reduce their environmental impact but also offer significant cost savings and performance benefits.” Large Flex is designed to address the unique challenges of these industries, providing a flexible and scalable battery solution that can be tailored to the specific requirements of each application. Applications Showcase: Construction Equipment: Electrifying excavators, loaders, and other construction vehicles reduces noise pollution, improves air quality, and lowers operating costs. Mining Trucks: Large Flex can power large mining trucks, reducing emissions and improving safety in underground mines. Agricultural Machinery: Electrifying tractors, harvesters, and other agricultural equipment reduces fuel consumption and improves efficiency. Material Handling Equipment: Large Flex can power forklifts, pallet jacks, and other material handling equipment, reducing emissions and improving workplace safety. Delivery Vehicles: Electrifying delivery trucks and vans reduces emissions and improves efficiency in last-mile delivery operations. Airport Ground Support Equipment (GSE): Electric GSE reduces noise and emissions around airports. Proterra Power: Committed to a Sustainable Future Proterra Power is dedicated to providing innovative and sustainable battery solutions that enable a cleaner and more efficient future. With the launch of Large Flex, the company is expanding its reach and impact, helping to accelerate the adoption of electric solutions across a wider range of industries. “We believe that electrification is the key to a sustainable future,” concluded Hayes. “We’re excited to partner with manufacturers and help them bring innovative electric vehicles and equipment to market." Availability and Contact Information Large Flex is available for immediate order. Manufacturers interested in learning more about Large Flex and how it can be integrated into their products are encouraged to contact Proterra Power at (254) 542-8622 or visit the company’s website at [Insert Website Address Here - Placeholder].

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