News

Evotrex raises $30M to build the RV that doesn’t need a charging station

Published

3 weeks ago

June 9, 2026

Preport

Evotrex has been around for just two years, but the startup is already planning to build and sell its first hybrid RV travel trailers next year, targeting around 1,000 units annually.

To get there, Evotrex has closed a $30 million Series A funding round, bringing its total raised to $46 million. Much of that came from a consortium of Chinese and Hong Kong-based investment firms, like GSR United Capital, Forebright Concerto Capital, TTGG Ventures, and Pegasus Capital, among others. Anker, the consumer electronics company, is among its seed investors.

The L.A.-based startup will need that capital finish building and testing its RV, which it revealed at this year’s Consumer Electronics Show after emerging from stealth mode last year.

It will also need it to hold its ground in a crowded field of startups. Legacy manufacturers have been slow to get going. Thor’s first electric vehicle is going to rental fleets rather than dealerships, and Winnebago’s eRV2 has been in field testing since 2023 without reaching consumers. That gap has drawn a wave of startups, and Evotrex is racing to fill it first.

Co-founder Alex Xiao told TechCrunch that he is excited about the competition, and is drawing on his experience as a product manager at Anker to help differentiate Evotrex.

“We are not afraid of competition, competition is a good thing. We educate the market together, we grow the market together,” he said. “I think in the long term the strongest companies will have many things — you must be very good at product definition, R&D, and supply chain. You also need to be very good at distribution [and] service. Many things together. It’s a very complicated business.”

Some RV startups like Lightship and Pebble are pushing all-electric travel trailers. Evotrex is one of the few that is building a hybrid system. Specifically, it’s an RV powered by a battery pack that can be recharged with an onboard gas engine — an approach commonly referred to as an “extended range electric vehicle,” or EREV.

The goal, Xiao said, is to create an RV that can really let people live off the grid for extended periods of time — something that’s hard to accomplish with an all-electric power source, or a gas engine that still requires an electric hookup.

This has apparently proven popular. Evotrex said that 90% of its existing order book is for the “fully loaded Premium trim” of its PG5 RV, which is priced at around $160,000.

Xiao said Evotrex has finished validating a functional version of its first RV, but needs the next 10 to 12 months to thoroughly test the PG5’s durability. It’s a known vulnerability in the industry. RVs have so many moving parts that mechanical integrity isn’t always a guarantee, and Xiao said Evotrex is taking it seriously. As evidence, he pointed to the fact that the company’s first service employee came on board half a year ago, while its first sales employee only joined this past month, suggesting that Evotrex is prioritizing its ability to support customers over the ability to sell to them.

Evotrex still plans to manufacture its RVs in China and complete final assembly in California, and Xiao said he’s still locking down locations for both. But he believes a Los Angeles base will give Evotrex access to its target market, as well as a range of nearby climates that are useful for testing.

Xiao said he’s leaning on another lesson from Anker, one that helped that company skyrocket in popularity: focusing on the right customers, and getting them to evangelize the product.

“The first thing is you need to find the real customer demand,” he said. “The second is you need to deliver a really good product, and third is: the customer will say the story for you.”

Related Topics:30M build charging doesnt Evotrex raises station

Up Next

FCMB Group’s annual profit hits record N177 billion

Don't Miss

Again, Rev Dachomo cries out over fresh death threats

Click to comment

News

Nigerian Newspaper Sports Headlines Today – Tuesday, June 30, 2026

Published

16 minutes ago

June 30, 2026

Preport

WhatsApp Image 2026 06 26 at 9.54.50 AM.jpeg

From passionate fans gathering at newspaper stands every morning to catch up on the latest sports stories to lively viewing centres where supporters cheer their favourite teams, sports continue to unite Nigerians through shared passion and excitement.

Here are the biggest sports headlines making the front pages of Nigeria’s leading newspapers today.

Sporting Life

Zimbabwe’s, Bafana’s Draws Cost Nigeria

Chelle says: ‘Those two dropped points hurt us’

Did Portugal Make A Mistake With Ronaldo?

Martinelli’s Last-Gasp Strike Sends Selecao To Round Of 16

Germany Out Of The World Cup

France Vs Sweden: Thuram Out Of Round Of 32 Clash

Barcelona Open Shock Talks To Sign Kane

Maduka Okoye Attracts Besiktas’ Interest

Akpokona’s Death Shakes Sunshine Stars’ Management

Coventry City Sign Onyeka

Caicedo Named As Ecuador’s New Captain

Eric Chelle Highlights: Lookman Was Aware I Was Watching

Wright, Neville Tear Into Saka

Daily Sun

Chelle Vows To Keep Watch On Super Eagles Players

Man City Appoints Maresca As New Manager

FIBA World Cup Qualifiers: D’Tigers Recall Five, 12-Man Squad Unveiled

CAF Ag. Secretary-General Hails NFF Legacy Projects

DavNotch Announces Prize Money Increase For Annual Tournament

Fortune FA Reigns Supreme In Epic U-13 Cup Final

Golf: Otu Dedicates June Monthly Mug Triumph To Udo

Vanguard

Chelle Hurts By Nigeria’s Missed World Cup Dream

Amusan Wins Paris Diamond League 100m Hurdles

Besiktas Join Juventus In Race For Okoye

World Cup Qualifiers: Metu, Okoye, Agada Return Boost D’Tigers

Nigerians Celebrate South Africa W/Cup Exit

Maresca: Man City Pay £17m To Chelsea

World Cup Exit: Saudi Arabia Federation Chief Quits

Daily Trust

2026 W’Cup: Brazil Come From Behind To Knockout Japan

Man City Hire Maresca To Start New Era After Guardiola

Besiktas Set €8m Price Tag For Ndidi Amid Dutch, Saudi, EPL Interest

Yabatech Sports Complex To Host Dynamic Athletics Meet

Punch

CAF Opens Race For Substantive Secretary-General Role

DavNotch Increases National Tennis Tourney Prize Money

Brazil Leave It Late To Eliminate Japan

The Nation

Kalou Faults FIFA On World Cup Hydration Break

Last-Gasp Brazil Edge Japan To Reach Last 16

Fae: Elephants To Play With Hearts In Norway Test

DavNotch Raises Prize Money For Annual Tennis Championship

Man City Hire Enzo Maresca

Badamasi Hails NFF Over Hostel, Training Pitch Project

Eyes On Serena At Wimbledon Return

Standard Times

EPL: Manchester City Appoint Enzo Maresca As New Manager

South Korea Fans Boo Outgoing Coach Hong After World Cup Exit

World Cup: Brazil Fight Back With Stoppage-Time Winner To Eliminate Japan

Cape Verde Captain Faces Rape Investigation

FIFA World Cup

Brazil came from behind to beat Japan 2-1 and book a place in the Round of 16 through Gabriel Martinelli’s stoppage-time winner.

Paraguay knocked Germany out on penalties to qualify for the Round of 16.

France will face Sweden after Marcus Thuram was ruled out of the Round of 32 clash.

Portugal’s handling of Cristiano Ronaldo continues to dominate debate after their latest World Cup outing.

Nigeria’s World Cup qualification hopes ended after costly draws against Zimbabwe and South Africa.

Transfer Watch

Maduka Okoye: Besiktas join the race for the Super Eagles goalkeeper.

Wilfred Ndidi: Besiktas set an €8 million valuation amid interest from Dutch, Saudi and Premier League clubs.

Harry Kane: Barcelona open shock talks to sign the England captain.

David Onyeka: Coventry City complete a permanent move.

Enzo Maresca: Officially appointed Manchester City manager.

Sports247 Take

Tuesday’s newspaper headlines are dominated by Brazil’s dramatic 2-1 comeback victory over Japan, with Gabriel Martinelli’s stoppage-time winner sending the Selecao into the FIFA World Cup Round of 16. On the domestic scene, Eric Chelle’s reaction to Nigeria’s failed World Cup qualification, Tobi Amusan’s Diamond League triumph, and fresh transfer interest in Maduka Okoye and Wilfred Ndidi feature prominently across the back pages. Off the pitch, Manchester City’s appointment of Enzo Maresca, CAF’s Secretary-General race, and DavNotch’s increased prize money for its annual tennis tournament also make today’s newspaper headlines.

News

PDP frowns at APC govt’s house gifts for judges

Published

48 minutes ago

June 30, 2026

Preport

The Peoples Democratic Party, PDP, says judicial interventions have consistently thrown opposition political parties into internal turmoil, fracturing alternative platforms and systematically neutralizing dissent ahead of the 2027 general elections.

The PDP made this remark in a statement posted on its official X handle on Tuesday, frowning at what it described as the benevolent patronage of the executive arm of government by gifting ultra-modern residential quarters and court complexes to senior judges.

According to the PDP, while judicial officers undeniably deserve world-class welfare, wrapping the public projects in partisan fanfare transforms a constitutional right into a spectacle of political patronage.

“Instead of acting as a stabilizing force, judicial interventions have consistently thrown opposition political parties into internal turmoil, fracturing alternative platforms and systematically neutralizing dissent ahead of 2027.

“When the executive positions itself as a “benevolent patron” providing houses to the judges who will preside over high-stakes election petitions and constitutional disputes, the appearance of neutrality vanishes. He who pays the piper inevitably dictates the tune.

“The consequences of this cozy relationship are already playing out across Nigeria’s political landscape. The courts have increasingly mutated into a theatre of contradictory injunctions and judgments by error,” the PDP said.