Endera Secures $49 Million to Accelerate Growth as America’s Leading EV Shuttle and School Bus Manufacturer

Funding from Magnetar, Pulse Fund, and Pritchard Auto Company will enable the vertically integrated OEM to scale production

OTTAWA, Ohio (Feb. 11, 2025)  – Endera, a rapidly growing technology and manufacturing leader in the electric bus market, announced today that it has secured $49 million in its latest funding round. The round includes a $36M equity investment led by Magnetar, a global multi-strategy alternative asset manager, with participation from Pulse Fund--whose founder, Tenzin Seldon, has joined Endera’s board of directors—and Endera’s longtime strategic partner, Pritchard Auto Company. The total also includes a $13M credit facility. This funding will enable Endera to scale manufacturing of its electric shuttle and school buses, expand its product line and create new American jobs at its world-class production facility in Ohio. 

As the only vertically integrated American OEM of class 4 electric shuttles and school buses, Endera has built a reputation for delivering high-quality vehicles coupled with complete technology solutions. By leveraging its successful legacy internal combustion engine (ICE) manufacturing business, the company has transitioned into one of the fastest-growing leaders in the EV space, providing complete systems that address the growing demand for zero-emission specialty vehicles, particularly for the underserved government sector. 

“This investment will support our mission to revolutionize the specialty vehicle industry and accelerate the transition to clean mobility,” said Endera CEO and founder John Walsh. “At a time when America needs to prioritize domestic manufacturing and sustainability, Endera is leading by example–creating jobs, driving economic growth and providing cost-effective solutions all while advancing American ingenuity.” 

Endera offers fully customizable ICE and EV shuttles and school buses to achieve best-in-class reliability, safety, and quality, along with a proprietary powertrain that achieves the longest range and fastest charge time available. Endera has coupled this with an in-house fleet management software that features real time insights tailored to the transit sector, which includes a rider app and streamlined service response in one integrated platform. To date, the company has delivered the largest deployment of electric shuttles at a US airport and has been selected as a low-bid vendor for the CalAct contract, the largest state EV bus contract in US history.

“We see both commercial and climate value in Endera’s vertically integrated approach because it enables them to respond to customer needs with speed and precision,” said Tenzin Seldon, Founder & Managing Partner of Pulse Fund. “By offering a holistic solution, they’re not just filling in gaps in the commercial EV market but solving challenges at every level. We’re excited to support their next phase of growth and contribute to the broader push for nationwide electrification.”

Endera, founded in California in 2019, made the strategic decision to manufacture in Ohio at its 250,000 square foot production facility, a former Philips plant, tapping into a skilled workforce and helping to revitalize the Rust Belt by creating sustainable, clean-energy jobs. The company has increased its production output 20-fold since acquiring the former Winnebago Metro Titan group in 2021. 

###

About Endera
Endera is a pioneering specialty vehicle company specializing in high-quality shuttle and specialty needs school buses, distinguishing itself as America’s only vertically integrated EV OEM. Endera is a technology company specializing in smart electric specialty buses, charging stations, and software solutions. As an end-to-end specialty vehicle maker, Endera provides vehicle design, manufacturing, and technology. Made in America, Endera delivers one of the lowest total costs of ownership over other commercial electric vehicles and provides sustainable solutions that rival its fossil fuel counterparts in price, technology, longevity, profitability, and service. For more information, visit: www.enderamotors.com. 

About Pulse Fund
Pulse Fund is a venture capital fund investing in high-growth climate companies. The team brings together a unique blend of investment and climate science expertise to identify long-term opportunities that drive capital, innovation, and tangible climate progress.

Media Contact
Whitney McGoram, Whitney@alderagency.com 
(202) 525-0606

Endera Electrifies Guest Transportation at Sheraton San Diego Hotel & Marina with Delivery of Three Electric Shuttles

San Diego, CA - [May 16, 2024] Endera, a leading provider of sustainable transportation solutions, announces the successful delivery of three electric shuttle buses to Sheraton San Diego Hotel & Marina, marking a significant milestone in enhancing guest transportation experiences.

As part of Sheraton San Diego Hotel & Marina’s commitment to sustainability and providing top-tier hospitality, the resort has partnered with Endera to introduce electric shuttles for guest transportation. These electric shuttles represent a major step towards reducing carbon emissions and creating an eco-friendly transportation solution within the resort's operations. With zero emissions, these shuttles not only prioritize environmental sustainability but also ensure a quieter and smoother ride for guests exploring the vibrant city of San Diego.

Watch the video here to see Endera's electric shuttles in action: https://youtu.be/MMRa7iwZqxU

"We are thrilled to partner with Sheraton San Diego Hotel & Marina in providing electric shuttle solutions for their guests," said Reid Becker, Account Representative at Endera. "Our EV shuttles offer an environmentally friendly alternative and ensure a luxurious transportation experience for guests. Endera is proud to support Sheraton in their sustainability efforts and commitment to delivering outstanding service."

Endera's electric shuttles are fully equipped with state-of-the-art technology and designed to meet the specific needs of Sheraton San Diego Hotel & Marina. With decreased maintenance requirements and fully customized features, these shuttles are tailored to provide a VIP experience for guests while reducing operational costs for the resort.

"Sustainability is a key focus for Sheraton San Diego Hotel & Marina, and we are excited to introduce Endera's electric shuttles as part of our ongoing efforts to create a more environmentally friendly resort experience,” said Sean Clancy, General Manager, Sheraton San Diego Hotel & Marina "The integration of these electric shuttles not only aligns with our sustainability initiatives but also enhances the overall guest experience, demonstrating our commitment to providing exceptional service while minimizing our environmental impact."

The partnership between Endera and Sheraton San Diego Hotel & Marina exemplifies a shared commitment to sustainability, guest satisfaction, and innovation. By leveraging Endera's electric shuttles, Sheraton is setting a new standard for eco-conscious hospitality while delivering an exceptional experience for its guests.

To further elevate its guest transportation services, Sheraton San Diego Hotel & Marina is anticipating the arrival of another Endera Electric Shuttle unit, scheduled for delivery this summer.

About Endera

Endera is a pioneering electric vehicle company specializing in shuttle and specialty needs school buses, distinguishing itself as the sole vertically integrated OEM in America. Endera is a technology company, specializing in smart electric specialty buses, charging stations, and software solutions. As an end-to-end specialty vehicle maker, Endera provides vehicle design, manufacturing, and technology. Made in America, Endera delivers one of the lowest total costs of ownership over other commercial electric vehicles and provides sustainable solutions that rival its fossil fuel counterparts in price, technology, longevity, profitability, and service. For more information, visit: www.enderamotors.com

Sheraton San Diego Hotel & Marina

Sheraton San Diego Hotel & Marina is located in the heart of the San Diego harbor, situated on a stunning sweep of San Diego waterfront and proximity to downtown, Gaslamp Quarter, San Diego Zoo, Petco Park and San Diego International Airport. The hotel’s sophisticated accommodations and amenities include 1,053 rooms split between the Marina Tower and Bay Tower, 46 boat slips in the harbor marina, three pools, 130,000 total square feet of indoor and outdoor meeting space, and five dining venues - Rumorosa, Bay Tower Lounge and soon to open Brewery X, Sunglow, and Strada. The hotel is set to emerge from a $100 million transformation journey that reimagines guest rooms and public spaces with intuitive design, new tech-forward experiences and four new dining venues. For more information, visit: www.marriott.com/en-us/hotels/sansi-sheraton-san-diego-hotel-and-marina/overview.

Endera Launches EV Pool: A Fleet of Electric Cutaway Buses Ready for Rapid Delivery

Ottawa, OH, [January 24, 2024] – Endera, a pioneering technology company in the electric vehicle industry, introduces the launch of the “Endera EV Pool,” an innovative fleet of electric cutaway buses.[1] This solution is designed to reshape the landscape of the electric vehicle market by addressing the critical industry-wide challenge of extended lead times for electric vehicle delivery.

Key Features of the Endera EV Pool:

1.     Pre-Built Fleet: Endera's EV pool consists of chassis that are electrified before the construction of the custom body.

2.     Rapid Delivery: Customers experiencing delays due to extended lead times can now anticipate receiving their vehicles faster than ever before.

3.     Large Stock Capacity: With a substantial chassis allocation, Endera can stock up to 250 vehicles, ensuring a steady supply to meet customer demands.

Endera EV Pool: A Fleet of Electric Cutaway Buses Ready for Rapid Delivery

The introduction of the Endera EV Pool marks a significant milestone in the electric vehicle industry. Historically, lead times for electric cutaways have exceeded a year. Endera’s initiative drastically reduces this wait time, making sustainable transportation solutions more accessible and efficient for fleets.

Endera’s vehicles undergo extensive testing in diverse weather conditions and applications. This process ensures that each vehicle delivers optimal performance and exceeds customers' expectations in reliability and efficiency.

Endera is committed to being a comprehensive resource for fleets looking to electrify. Endera's electrification specialists are at their customer's full disposal to assist in the planning and procurement of their vehicles, infrastructure, and software suite. If you are a fleet manager tasked with exploring electric buses, Endera's team will assist in taking you from zero to hero.

For more information on Endera and the Endera EV Pool, please visit www.enderamotors.com

About Endera

Endera is a technology company, specializing in smart electric commercial vehicles, charging stations, and software solutions. As an end-to-end electric commercial vehicle supplier, Endera provides vehicle design and technology. Made in America, Endera delivers one of the lowest total costs of ownership over other commercial electric vehicles and provides sustainable solutions that rival its fossil fuel counterparts in price, technology, longevity, profitability, and service. To learn more, visit www.enderamotors.com.

Contact

Domenique Sciuto

Marketing Coordinator

hello@enderacorp.com

[1] Geographic restrictions may apply.

Endera Unveils the 2023 All-Electric Shuttle Model with Extended Range and Fast Charging Speeds

Endera Unveils the 2023 All-Electric Shuttle Model with Extended Range and Fast Charging Speeds

LOS ANGELES, CA [March 28, 2023] Endera, a leading OEM of all-electric commercial vehicles, has announced the release of its highly anticipated 2023 model all-electric shuttle. This vehicle is set to transform the transportation industry with its impressive range and charging capabilities, as well as its fully integrated software ecosystem.

Endera's commitment to innovation has led to the development of proprietary electric drivetrain technology that offers exceptional performance, efficiency, and range. The 2023 Endera shuttle leverages an all-electric powertrain with 150 kWh built into the architecture of the platform. Endera’s 2023 model is designed to maximize energy density and features best in class efficiency.

In addition, its advanced battery technology allows for ultra-fast charging, with the ability to reach 80% charge in as little as 30 minutes. Fast charge time allows the shuttle to operate continuously for longer periods of time, making it ideal for a broad range of applications, from transportation operators in busy urban areas to on-demand services in rural communities.

Endera Unveils the 2023 All-Electric Shuttle Model with Extended Range and Fast Charging Speeds

"We are thrilled to introduce the 2023 model all-electric shuttle to the market," said John Walsh, Founder and CEO of Endera. "This vehicle represents a major leap forward in the development of all-electric commercial vehicles, and we are proud to offer our customers a product that delivers exceptional performance, reliability, and efficiency."

In addition to its focus on technology and innovation, Endera is committed to customer satisfaction, featuring smart technology, including proprietary dispatch software that tracks vehicles and routes, automates records and energy management, and streamlines reporting and vehicle service. The platform also integrates with Endera GO, a consumer app designed to improve riders’ experience.

The 2023 shuttle from Endera is crafted with an emphasis on quality and efficiency at scale, using lighter materials and an aerodynamic front and rear cap to boost its long-range capability while maximizing seating capacity. With advanced engineering and top-of-the-line components, the shuttle is a versatile solution that caters to the transportation requirements of both urban and rural communities.

Endera's vehicles are specifically designed to address the growing need for eco-friendly and sustainable modes of transportation for businesses and municipalities. Endera’s vehicles have undergone rigorous testing in various weather conditions and applications to ensure optimal performance that surpasses customer expectations.

The unveiling coincides with the Biden Administration's Bipartisan Infrastructure Bill that includes a significant commitment to electric buses as a means of reducing carbon emissions and improving air quality.

Endera has become a disrupter in the commercial vehicle industry with its all-electric vehicles and innovative technology, providing a more sustainable and eco-friendly transportation system. The 2023 all-electric shuttle is just the latest example of Endera's commitment to delivering cutting-edge technology and exceptional performance in all of its vehicles. Initial deliveries of Endera’s all-electric shuttle will begin in Q3 of 2023.

About Endera 

Endera is a technology company, specializing in electric specialty vehicles, charging solutions and software products. As an end-to-end electric vehicle maker, Endera provides vehicle design, manufacturing, and service. Made in America, Endera delivers one of the lowest total costs of ownership and provides sustainable solutions that rival its fossil fuel counterparts in price, technology, longevity, profitability, and service. To learn more, visit: www.enderamotors.com.  

Media Contact

Domenique Sciuto

Email: domenique@enderacorp.com

Endera Selected for Largest State EV Bus Contract in US History

ENDERA SELECTED FOR LARGEST STATE EV BUS CONTRACT IN US HISTORY

The longest range and fastest charging EV shuttle on the market, Endera’s built-in-the-USA buses are now available (as the lowest bid price) to 300+ California transit fleets.

LOS ANGELES, CA [February 7th, 2023] Basin Transit Authority (MBTA) has authorized, on behalf of the California Association for Coordinated Transportation (CALACT), Endera for their B-Series all-electric buses in the largest statewide purchasing contract in US history. Endera was awarded the contract for up to 1,000 electric shuttles through its distribution partner, Coachwest Luxury & Performance Motorcars (Coachwest).

CALACT association’s membership of transit agencies, as well as city and county governments, can now purchase Endera’s B-Series all-electric shuttles through a streamlined process which complies with federal and state purchasing regulations.

CALACT is the largest state transit association in the United States and helps fleet operators avoid lengthy and expensive individual procurement efforts. With over 300 members, CALACT works to promote professional excellence, stimulate ideas for effective community transit, and advocate for improved public transportation in all parts of California.

Endera's All-Electric B-Series Shuttle

An estimated 1,000 electric shuttles are expected to be purchased from the CALACT contract by 2025, with additional electric buses procured over the entire 5-year contract period, making it the most of any state purchasing contracts for electric buses in the United States.

As the industry’s only vertically integrated mid-sized EV bus maker in the United States, Endera’s electric powertrains and vehicle bodies are built under one roof at the company’s 250,000 sq ft manufacturing facility in Ottawa, Ohio.

Endera’s electric shuttles and associated service partnerships support California’s clean air and climate goals. Endera’s proprietary electric powertrains are developed at the company’s Research and Development (R&D) headquartered in Los Angeles, California. With a focus on quality and service, Endera offers state-wide service capability throughout California with its R&D facility and service partners.

“Endera was awarded the CALACT contract as the lowest priced vendor and the only vertically integrated one-stop-shop. We listen to our clients to learn about the problems they face and understand the solutions they need, which is why we have a superior offering in virtually every category,” said John Walsh, Founder & CEO of Endera.

“All of our models have a fast-charging option, increasing up-time for operators, while also providing significant range capability. We have developed a fully integrated software ecosystem that makes it easier and less expensive to adopt electric buses, so fleet operators can focus on running their business.” Walsh continued.

“Whether a fleet is large or small, finding reliable, affordable electric shuttles can be a tough proposition. Endera is honored to be one of the select few to successfully complete the rigorous CALACT vetting process, allowing us to offer our best-in-class electric buses to transit fleet operators throughout the state,” said Don White, Sales Manager at Endera.  

Jay Real, Manager, Sales at Coachwest added, “Coachwest is pleased to offer Endera products under the CALACT contract. These cutting-edge vehicles are also eligible for Hybrid and Zero Emission Truck and Bus Voucher Incentive Project (HVIP) point-of-sale vouchers.” 

Endera’s electric buses feature smart technology, including proprietary dispatch software that tracks vehicles and routes, automates records and energy management, and streamlines reporting and vehicle service. The platform also integrates with Endera GO, a consumer app designed to improve riders’ experience.

The B-Series offers a 12-passenger + 2 and a 16-passenger + 2 wheelchair seating option, with additional floorplans available to meet each agency’s requirements. The series has a lightweight body design to maximize range efficiency and can charge in as little as 45 minutes, making it the fastest charging electric bus of its class on the market in the U.S.

About Endera 

Endera is a technology company, specializing in electric specialty vehicles, charging solutions and software products. As an end-to-end electric vehicle maker, Endera provides vehicle design, manufacturing, and service. Made in America, Endera delivers one of the lowest total costs of ownership and provides sustainable solutions that rival its fossil fuel counterparts in price, technology, longevity, profitability, and service. To learn more, visit www.enderamotors.com.  

About Coachwest

Coachwest Luxury Performance & Motorcars has been serving the California community for over thirty years, and it has built a loyal consumer-base in the industry. Coachwest delivers the best vehicles, products, and services, ensuring customers are satisfied with their choice of transportation.

Media Contact

Domenique Sciuto: domenique@enderacorp.com