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Battle Motors, previously Crane Service Firm (CCC), has raised $150 million in a Sequence B funding spherical. This capital elevate follows a $120-million Sequence A spherical introduced in December 2021.
Battle Motors serves the vocational truck business, offering diesel, methane and now EV chassis for refuse and recycling purposes to some 750 municipal clients throughout the US and Canada. The corporate can also be taking purpose on the middle-mile and last-mile supply markets.
Since buying the 76-year-old industrial automobile OEM Crane Service in 2021, Battle has elevated manufacturing throughput at its Ohio manufacturing facility from round a single truck per day to its present every day throughput of roughly six vans per day, via elevated automation. The proceeds from the newest capital elevate can be used to develop manufacturing to 16 vans per day.
Improvement and commercialization of a dependable severe-duty electrical truck is on the core of Battle’s technique. The corporate not too long ago earned FMVSS certification for its EV truck line, and is now delivering its Class 8 electrical truck to refuse clients.
“Receiving FMVSS certifications and shifting into manufacturing on our first EV mannequin validates our crew’s perseverance in creating revolutionary improvements, and increasing our EV capabilities permits us to create much more disruptive applied sciences to ship to the market,” says CTO Kelleigh Ash.
Supply: Battle Motors
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