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Motive Power system

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Motiv Power Systems designs, manufactures, and distributes electric powertrain components for medium and heavy duty vehicles

Foster City, United StatesFounded 2009Transportation
Valuation $100–500M Latest valuation · 2025
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
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About Motive Power system

Motiv Power Systems, founded in 2009 and based in the San Francisco Bay Area, is a pioneering company in the electric vehicle (EV) industry. The company specializes in manufacturing medium-duty commercial battery electric trucks and buses, specifically targeting step vans, shuttle buses, and box trucks. These vehicles are designed for daily use and are aimed at moving people and goods efficiently and sustainably.

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Motiv Power Systems serves a diverse range of clients, including large fleets operated by companies like Bimbo Bakeries, Cintas, Aramark, Alsco, Purolator, and Canada Post. Additionally, their electric shuttle buses are used by airports, municipalities, hospitals, universities, hotels, and corporate campuses. This wide array of clients highlights Motiv's versatility and capability to meet various commercial transportation needs.

Operating in the growing market of zero-emission vehicles, Motiv Power Systems is committed to reducing the reliance on fossil fuels. The company provides a comprehensive suite of services that go beyond just manufacturing vehicles. They offer charging infrastructure, financing options, and incentives to make the transition to electric fleets as seamless as possible for their clients. This holistic approach ensures that fleet managers can lower their total cost of ownership while benefiting from superior reliability and reduced maintenance costs.

Motiv Power Systems generates revenue through the sale of their electric vehicles and the accompanying services they provide. By offering a full package that includes the latest technology, safety features, and customer support, they ensure a high level of client satisfaction and repeat business. Their business model is built on providing value through innovation and customer-centric solutions.

In summary, Motiv Power Systems is a key player in the electric vehicle market, offering medium-duty commercial electric trucks and buses along with comprehensive fleet solutions. They serve a wide range of clients and are dedicated to promoting sustainable transportation.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2009
Headquarters
Foster City, United States
Employees
68
Open positions
None listed
Dealroom signal
62.8/100
Industry
Transportation
Sub-industry
Vehicle Production
Sector
Transportation, Mechanical Solutions, Embedding Technology, Risk Management, Oncology, Bus, Battery, Sustainable Development Goals, Climate Tech, EV Motor, Electric Mobility, Hard Tech
Business model
Manufacturing

Latest news

Press, funding announcements and product moves mentioning Motive Power system.

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Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Aug 2025 $105M $105M Workhorse Group
SERIES COther financing Dec 2022 $35M $140M Undisclosed
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Growth signals

Motive Power system website traffic

Latest recorded traffic for Motive Power system is 3.1K monthly website visits, down 29.5% over the last three months. Motive Power system's team declined 32% over the past year.

Latest monthly visits3.1K 3-month web change-29.5% 1-year team growth-32%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

  • Blackhorn Ventures
  • 3Lines Venture Capital
  • GMAG Holdings

Series B and later2 investors entered at this stage

  • Magness Investment Group
  • Crescent Cove Advisors

Other known investors1 additional known investor

  • Workhorse Group
Team profiled 17 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States96.5%
🇨🇦 Canada3.5%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Motive Power system on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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