Phoenix Motor is now the official owner of bankrupt Proterra Transit
![Phoenix Proterra](https://electrek.co/wp-content/uploads/sites/3/2022/05/maine-electric-buses.jpg?quality=82&strip=all&w=1200)
Heavy-duty electric bus maker Proterra Transit just rose from the ashes because Phoenix Motor (Nasdaq: PEV) officially acquired it from bankrupt Proterra Inc.
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