Key Takeaways
- • Evotrex raised $30 million in Series A funding, bringing total capitalization to $46 million, with investors including GSR United Capital, Forebright Concerto Capital, Unique Capital, Pegasus Capital, TTGG Ventures, ChunJia Capital, and Thundersoft.
- • The Los Angeles-based startup plans to begin customer deliveries of its flagship PG5 power-generating trailer in 2027, targeting approximately 1,000 units annually during initial production phase.
- • The PG5 trailer functions as a mobile energy platform combining battery storage, roof-mounted solar panels, and an ultra-quiet petrol generator for backup charging—with thermal efficiency features that capture engine heat to warm living spaces.
- • Capital will be deployed for final product development completion, automotive-standard testing and validation, and production preparation, reflecting movement from stealth phase (emerged last year) toward commercial manufacturing.
- • The hybrid RV design addresses limitations of fully electric RVs by decoupling engine function from propulsion; the engine operates solely as a generator to extend off-grid range during extended travel.
Summary
Evotrex, a Los Angeles-based recreational vehicle developer, has secured $30 million in Series A financing, elevating its total raised capital to $46 million. The round included participation from a diverse investor syndicate: GSR United Capital, Forebright Concerto Capital, Unique Capital, Pegasus Capital, TTGG Ventures, ChunJia Capital, and Thundersoft. This capital injection marks a critical inflection point for the company as it transitions from development phase toward commercial-scale production.
The company's flagship product, the Evotrex-PG5, represents a structural departure from conventional recreational vehicle design. Rather than functioning as a traditional hybrid vehicle where an internal combustion engine drives propulsion, the PG5 architecture positions the engine purely as a stationary generator. The trailer integrates a large battery pack as its primary power source, supplemented by roof-mounted solar panels for daytime energy generation. An ultra-quiet petrol generator serves as a tertiary charging mechanism for extended off-grid expeditions. This configuration eliminates the range anxiety limitations characteristic of fully electric RVs while avoiding the weight and complexity penalties of traditional hybrid powertrains.
Evotrex has engineered thermal efficiency gains into the PG5 platform, capturing excess heat generated during generator operation to warm interior living spaces during cold-weather use. This design optimization improves overall energy utilization efficiency across the mobile platform ecosystem. The company emerged from stealth approximately one year ago and unveiled the PG5 at CES, positioning the vehicle within the expanding off-grid travel segment.
The $30 million Series A will support three primary development tracks: completion of final product engineering, execution of automotive-grade testing and validation protocols, and manufacturing preparation. Customer deliveries are targeted to commence in 2027, with initial production scaling to approximately 1,000 units annually. Management's focus remains on advancing the platform toward commercial production readiness while establishing supply chain and quality assurance infrastructure necessary for sustained manufacturing growth.
The company's flagship product, the Evotrex-PG5, represents a structural departure from conventional recreational vehicle design. Rather than functioning as a traditional hybrid vehicle where an internal combustion engine drives propulsion, the PG5 architecture positions the engine purely as a stationary generator. The trailer integrates a large battery pack as its primary power source, supplemented by roof-mounted solar panels for daytime energy generation. An ultra-quiet petrol generator serves as a tertiary charging mechanism for extended off-grid expeditions. This configuration eliminates the range anxiety limitations characteristic of fully electric RVs while avoiding the weight and complexity penalties of traditional hybrid powertrains.
Evotrex has engineered thermal efficiency gains into the PG5 platform, capturing excess heat generated during generator operation to warm interior living spaces during cold-weather use. This design optimization improves overall energy utilization efficiency across the mobile platform ecosystem. The company emerged from stealth approximately one year ago and unveiled the PG5 at CES, positioning the vehicle within the expanding off-grid travel segment.
The $30 million Series A will support three primary development tracks: completion of final product engineering, execution of automotive-grade testing and validation protocols, and manufacturing preparation. Customer deliveries are targeted to commence in 2027, with initial production scaling to approximately 1,000 units annually. Management's focus remains on advancing the platform toward commercial production readiness while establishing supply chain and quality assurance infrastructure necessary for sustained manufacturing growth.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.