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“We have been talking to a number of different SPACs,” Motiv CEO Matt O’Leary told FreightWaves. Home Tags Matt O’Leary. Motiv Power Systems has deployed its first electric trolley with the town of Estes Park, Colo., with one more planned. Then in 2019, Jim Castelaz stepped into the role of chief technical officer and welcomed board member Matt O’Leary as Motiv’s new CEO. “The introduction of the EPIC chassis was a game-changer for our customers. View Matt O'Leary's business profile as Chairman & Chief Executive Officer at Motiv Power Systems. It used some of those proceeds to pay off debt. “Our progress with down costing, investment in a strong customer support team, and a proven 5th generation technology have resulted in … Motiv Power Systems, ... but the CARB ruling "makes it easier for them to persuade their internal constituents that they have to move quickly," Motiv Chief Executive Matt O'Leary told Reuters. “As we move into a new year, Motiv is also entering an exciting stage of growth and development in our mission to free fleets from fossil fuels,” said Matt O’Leary, Motiv’s Chairman and CEO. He says a new leader speaks well for company growth. “This funding demonstrates the sustained commitment of GMAG Holdings, Motiv’s largest investor, to support our growth,” said Matt O’Leary, Motiv chairman and CEO. Motiv Power Systems announced its newest generation of Epic chassis for medium-duty electric fleets. “From a business standpoint, it’s good publicity. Matt O’Leary joined the board of Motiv Power Systems in 2016. The new funding leaves Motiv “debt-free with a strong balance sheet,” Matt O’Leary, chief executive of the Foster City, Calif., company, told Trucks.com. See others named Matt O'Leary Matt’s public profile badge. Posted January 15, 2021 by Charles Morris & filed under Newswire, The Vehicles.. Commercial EV-builder Motiv Power Systems has secured $20 million in financing from investment firm Crescent Cove Advisors, and expects to raise additional … George Kafantaris on CEC Invests in California’s Hydrogen Fueling Infrastructure; With proven technology and growing orders, the early stage growth company seems an ideal candidate for a SPAC dowry. “This is a little bit like getting married. Motiv Power Systems Updates EPIC F-59, E-450 Chassis. “As we move into a new year, Motiv is also entering an exciting stage of growth and development in our mission to free fleets from fossil fuels,” said Matt O’Leary, Motiv’s Chairman and CEO. Photo: Motiv. “We like the specialty vehicle space because we can have a tremendous impact on the customer base,” said Matt O’Leary, Motiv Chairman and CEO. I mean, there has to be a good alignment between the target … Now he’s the new CEO. Motiv CEO Matt O’Leary gives us a closer look at an Ford F-59 equipped with the all-electric EPIC chassis and Utilimaster body at the Work Truck Show in Indianapolis. 387 Fans Like. Matt O'Leary Chairman and CEO at Motiv Power Systems San Mateo, CA. The money will allow Motiv to pay off debt and open an engineering facility in Detroit to grow its business with large fleets, Motiv CEO Matt O'Leary told FreightWaves. Senior Business Development Manager at Ebury. Matt O'Leary Chairman and CEO at Motiv Power Systems. Matt O'Leary Chairman and CEO at Motiv Power Systems San Mateo, CA. Matt O'Leary Chairman and CEO at Motiv Power Systems San Mateo, CA. Motiv Power Systems announced ... leadership team to accommodate the new challenges we face as we transform our business for significant growth,” said Matt O’Leary, Motiv’s chairman and CEO. Keep reading to hear about Motiv’s project in Estes Park, CO, what their product line technology looks like and their one-of-a-kind school bus. Motiv Power Systems secures $20 million in new financing. Matt O’Leary, Motiv’s Chairman and CEO, spoke with us about some of Motiv’s most interesting projects and their sustainability mission. Motiv debuts fifth-gen medium-duty electric chassis. The fifth-generation Epic F-59 and E-450 chassis have reduced the total number of components in the electric powertrain by 30%, while also improving range, acceleration, and top speed, according to Motiv. “We have been talking to a number of different SPACs,” Motiv CEO Matt O’Leary … Matt O'Leary Chairman and CEO at Motiv Power Systems San Mateo, CA. Find contact's direct phone number, email address, work history, and more. “We are honored with Crescent Cove’s confidence and investment in our company as we transform fleet electrification … Electric vehicle chassis maker Motiv Power Systems is talking to special purpose acquisition companies about tying the knot. 2,495 Followers Follow. “Our continued work with Bimbo Bakeries USA to help achieve their sustainability goals runs concurrent with our mission to free fleets from fossil fuels,” said Matt O’Leary, Motiv Chairman and CEO. Matt O'Leary Chairman and CEO at Motiv Power Systems San Mateo, CA. Matt O'Leary Chairman and CEO at Motiv Power Systems San Mateo, CA. “As we have started deploying our products to some of the largest fleet customers in the U.S., we have been looking to expand our workforce and facilities to better support the growing demand we are seeing in the market,” says Matt O’Leary, CEO of Motiv Power Systems. The company says its fifth-generation EPIC F-59 and E-450 chassis reduce the total number of … Some converted into equity, O'Leary said. Recent Comments. [It also] helped … Motiv raised $60 million in equity in October 2019. “We have been continuing to build our sales order bank and bring in some of the larger fleets,” O’Leary said. The money will allow Motiv to pay off debt and open an engineering facility in Detroit to grow its business with large fleets, Motiv CEO Matt O’Leary told FreightWaves. Foster City, California-based Motiv has a number of pilot projects under way with a number of other fleets, Chief Executive Matt O'Leary told Reuters. —Matt O’Leary, Motiv’s CEO. San Mateo, CA. Electric vehicle chassis maker Motiv Power Systems is talking to SPACs about tying the knot, FreightWaves reported. STAY CONNECTED. “We are grateful for the trust Bimbo has placed in our products, thanks to our industry-leading technology development by our … Posted December 9, 2020 by Tom Lombardo & filed under Newswire, The Tech.. Motiv has announced a new generation of its EPIC chassis for medium-duty fleet EVs. Motiv’s electric EPIC F-59, which has been in service at various fleets for the past five years, features a 105-mile range. Matt O'Leary Chairman and CEO at Motiv Power Systems San Mateo, CA. Previously, Motiv had raised about $7 million in investment funding and $20 million in various electric truck development grants, mainly from California air quality … Matt O'Leary. "This is a sign of the future," he said. Tag: Matt O’Leary. Motiv Power Systems, +1 more University of Detroit Jesuit High School and Academy, +3 more Matt Oleary Logistics and site support for Mills CNC the leading machine tool supplier for the UK and Ireland Greater Coventry Area. EPIC chassis feature Motiv’s proprietary operating software, which enables a unique, modular approach to safely and reliably control various battery and hardware technologies. It streamlined compatibility with numerous standard vehicle body types. 175 others named Matt O'Leary are on LinkedIn. The new funding leaves Motiv “debt-free with a strong balance sheet,” Matt O’Leary, chief executive of the Foster City, Calif., company, told Trucks.com. They are Ford eQVM-approved and CARB-certified. Winnebago uses Motiv’s Ford F-53 based EPIC electric chassis in its 33 and 38 ft. vehicles. Include this LinkedIn profile on other websites. “Our continued work with Bimbo Bakeries USA to help achieve their sustainability goals runs concurrent with our mission to free fleets from fossil fuels,” said Matt O’Leary, Motiv Chairman and CEO. 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