Motiv Power Systems

Motiv Power System’s Electric Powered Intelligent Chassis (EPIC) is a complete, body-ready, all-electric equivalent to the internal combustion powered chassis fleets use in their medium-duty vehicles.

Motiv Power Systems is committed to freeing fleets from their dependence on fossil fuels.

Motiv Power Systems was founded in 2009 by Jim Castelaz. The company is headquartered in Foster City, California.

Motiv’s Electric Powered Intelligent Chassis (EPIC) is available for many body configurations including step vans, box trucks, work trucks, shuttle buses, school buses, trolleys, and other specialty vehicles. A Motiv EPIC chassis offers uncompromised performance and functionality without the pollution, noise, heat, and vibration of combustion power.

Motiv is a Ford eQVM-approved provider of all-electric chassis for commercial trucks and buses and benefits from engineering insights and support from Ford to ensure safety and reliability. With more than 500,000 miles logged among several of the largest fleet operators in the United States, Motiv’s EPIC family eliminates 100% of vehicle emissions, dramatically reduces operating and maintenance costs, and creates a healthier environment for riders and communities, while also reducing driver fatigue.

 

Motiv's first major contract was with the city of Chicago to convert twenty garbage trucks to use only electric power, starting work in 2012, with the first truck deployed in the middle of 2014. In 2013, Motiv partnered with New York company Trans Tech to create an electric school bus for the Kings Canyon Unified School District. Motiv also worked with Google as well as many other private and government organizations.

 

Motiv is backed by GMAG Holdings Inc., Winnebago, and Magness Investment Group. The company raised $60M from a "Series B" financing on Oct 15, 2019. The round brings Motiv's total funding to $87M to date ($7M in investment funding and $20M in various electric truck development grants, mainly from California air quality regulators.).

 

Motiv Power Systems was one of the winner of Fast Company’s 2019 World Changing Ideas Awards.

 

 

  • Year founded: 2009
  • Funding Info: $87M over 5 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: $5M-$10M (2018)
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Foster City
  • State: California
  • Country: United States
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