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Proterra gets approval to use cash collateral through Oct. 18
By Sarah Lizee
Olympia, Wash., Oct. 4 – Proterra Inc. received further interim approval to access cash collateral, according to an order filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.
The termination date is set for Oct. 18.
Burlingame, Calif.-based Proterra designs and manufactures zero-emission electric transit vehicles and EV technology solutions for commercial applications. The company filed bankruptcy on Aug. 7 under Chapter 11 case number 23-11120.
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