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Motive Power system
Motiv Power Systems designs, manufactures, and distributes electric powertrain components for medium and heavy duty vehicles
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.
Read full description
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.
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.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Aug 2025 | $105M | $105M | Workhorse Group | ↗ |
| SERIES COther financing | Dec 2022 | $35M | $140M | Undisclosed | — |
Growth signals
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.
Similar companies
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Investors
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- GHGMAG Holdings
Series B and later2 investors entered at this stage
- MGMagness Investment Group
Crescent Cove Advisors
Other known investors1 additional known investor
Workhorse Group
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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