Evotrex raises $30M Series A for hybrid electric RV trailer PG5

California-based Evotrex has closed a $30 million Series A funding round, bringing total investment to $46 million. The funds will be used for final product development, automotive-standard testing, and production preparation for the Evotrex-PG5 electric RV trailer, with customer deliveries planned for 2027. Roughly 90% of preorders are for the Premium trim priced at $159,990.

California-based Evotrex announced it has raised $30 million in Series A financing. The funds will be used to complete development, testing, and production preparation for the Evotrex-PG5 electric RV trailer, with customer deliveries planned for 2027. Total funding to date is $46 million. Roughly 90% of pre-orders are for the Premium trim priced at $159,990.

Two-year-old startup Evotrex completed a $30 million Series A round, bringing total funding to $46 million. The company plans to produce its first hybrid RVs next year, using an EREV system where a gasoline engine charges the batteries. The PG5 RV model has received orders, with 90% for the $160,000 premium package. Over the next 10–12 months, Evotrex will focus on durability testing and customer service improvements.

Two-year-old startup Evotrex closed a $30 million Series A round, bringing total funding to $46 million. The company plans to launch its first hybrid motorhome, the PG5, in 2026 with a target of around 1,000 units per year. Funds will be used to complete testing and prepare production: motorhomes will be built in China with final assembly in California. Unlike fully electric competitors, Evotrex uses an extended-range electric vehicle (EREV) system where the battery is charged by a gasoline generator.

Evotrex, a two-year-old startup, has closed a $30 million Series A funding round, bringing total raised to $46 million. The company plans to start selling its hybrid PG5 RV next year, targeting around 1,000 units annually. The RV features a battery pack that can be recharged by an onboard gasoline engine, enabling extended off-grid living. The fully equipped Premium version is priced at about $160,000, accounting for 90% of existing pre-orders.

Los Angeles startup Evotrex closed a $30M Series A, bringing total funding to $46M. The company aims to start production of its hybrid PG5 RV next year, targeting about 1,000 units annually. Manufacturing will take place in China with final assembly in California. The key innovation is an EREV hybrid system that recharges the battery via an internal combustion engine, enabling extended off-grid living.

Evotrex, a two-year-old startup, has closed a $30 million Series A funding round, bringing total funding to $46 million. The company plans to launch its first hybrid travel trailer, the PG5, in 2026, targeting annual production of around 1,000 units. The RV uses an extended-range electric vehicle (EREV) system, combining a battery pack with an onboard gas engine for extended off-grid living. 90% of pre-orders are for the Premium trim, priced at approximately $160,000.

Evotrex closed a $30 million Series A round in June 2026, backed by Anker Ventures and other strategic investors, to scale production of its hybrid travel trailer PG5. The model, unveiled at CES 2026, features a 43 kWh LFP battery, 1.5 kW rooftop solar panels, and an onboard Horizon generator, enabling full off-grid operation. Prices start at $119,990 for the Pioneer version and $159,990 for the Atlas.

California startup Evotrex has unveiled a hybrid towable caravan concept, claiming it is the world's first power-generating RV. The company announced a $16 million Pre-A funding round and plans to reveal the full production concept at CES in January. The design integrates a small internal combustion engine with batteries, regenerative braking, and solar panels, using waste heat for cabin warmth to extend off-grid endurance.