Motiv Power Systems Raises $7.3 Million for Electric Truck Powertrain Production

By |2018-03-18T22:49:54-07:00June 30th, 2014|Categories: Press Releases|

Magness Investment Group leads the financing to support Motiv's growing sales pipeline and expand production FOSTER CITY, Calif., June 30, 2014 /PRNewswire/ -- The electric truck leader and top supplier of control systems to the growing electric truck market, Motiv Power Systems, raised $7.3 million in growth capital from investors led by Colorado's Magness Investment Group. The funding comes as the second Motiv-equipped all-electric [...]