Los Angeles-based startup Evotrex has raised $30 million in a Series A round, bringing total funding to $46 million. The funds will be used to complete development, testing, and production preparation for the hybrid RV PG5, with a target of about 1,000 units per year. Production will be set up in China with final assembly in California.
The PG5 uses an EREV (extended-range electric vehicle) system, where a gasoline engine recharges the battery, providing long autonomous operation away from infrastructure. According to the company, about 90% of pre-orders are for the Premium version priced at about $160,000 (one source states $159,990). First deliveries are planned for 2027.
The company also involves customers in final refinement through collaborative workshops and an online customization tool. The model is positioned as a mobile platform for energy generation and storage, intended for leisure, remote work, and emergency situations.