Squirrel Power Raises Over 200 Million Yuan for Smart Range-Extended Trailer
Outdoor tech startup Squirrel Power has completed a Series A funding round of over 200 million yuan, with investors including Yuanhe Puhua and Houxue ...
Outdoor tech startup Squirrel Power has completed a Series A funding round of over 200 million yuan, with investors including Yuanhe Puhua and Houxue Capital. The funds will be used for vehicle validation, production line setup, and capacity expansion for its first product, the Evotrex-PG5. Priced from $120,000, the range-extended travel trailer has received pre-orders exceeding expectations, with the top-tier Premium model accounting for 90% of orders. Mass production is targeted for 2027.