Evotrex Raises $30M to Develop Hybrid RVs with Innovative Charging System

Key Topics in this News Article:
News Snapshot:

Evotrex, a startup in Los Angeles, is gearing up to produce and market its first hybrid RV travel trailers, aiming to manufacture about 1,000 units annually starting next year. The company recently secured $30 million in a Series A funding round, totaling its raised funds to $46 million, with significant investments from Chinese and Hong Kong-based firms like GSR United Capital, Forebright Concerto Capital, TTGG Ventures, and Pegasus Capital, as well as Anker among its seed investors. The competition in the RV industry is heating up as legacy manufacturers are slow to innovate. Evotrex, led by Co-founder Alex Xiao, sees…

  • This field is for validation purposes and should be left unchanged.
  • Newsletter to Your Inbox

    China intelligence delivered each week!