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Jun 9, 2026 8:00 AM

Evotrex Raises $30 Million Series A to Accelerate Production of the Evotrex-PG5 Electric RV Trailer

New funding strengthens Evotrex's momentum as total investment reaches $46 million

Funding positions Evotrex for validation, production readiness, and planned 2027 deliveries

LOS ANGELES, June 09, 2026 (GLOBE NEWSWIRE) -- Evotrex, a California-based company transforming outdoor adventure with intelligent, power-generating RVs, today announced that it has raised $30 million in Series A financing. The round included participation from new investors, including GSR United Capital, Forebright Concerto Capital, Unique Capital, Pegasus Capital, TTGG Ventures, ChunJia Capital, Thundersoft, and more. This brings the company's total funding raised to date to $46 million.

The capital raised will be used to complete final product development, automotive-standard testing and validation, and production preparation for the Evotrex-PG5 electric RV trailer ahead of planned customer deliveries in 2027. Roughly 90% of Evotrex's order book is for the fully loaded Premium trim, priced at $159,990. Evotrex plans to prioritize this configuration for initial customer deliveries. Beginning in Q4 2026, Evotrex expects to launch a comprehensive automotive-standard testing and validation program, underscoring its commitment to prioritizing reliability and safety alongside innovation. The program will include towing and range testing, energy management system evaluations, lateral stability and braking assessments, structural durability testing, water fording and rain exposure trials, and regulatory compliance testing.

"Evotrex was created to transform outdoor adventure and challenge the traditional boundaries of what an RV can be," said Alex Xiao, CEO and founder of Evotrex. "Following the strong response to ...

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