Evotrex, a California-based developer of intelligent power-generating RVs, has raised $30 million in Series A funding. The round included participation from GSR United Capital, Forebright Concerto Capital, Unique Capital, Pegasus Capital, TTGG Ventures, ChunJia Capital, Thundersoft, and other investors. Total funding raised by the company now stands at $46 million.
Preparing for Market Launch
The new capital will support final product development, automotive-grade testing, validation, and production preparation for the Evotrex-PG5 electric RV trailer ahead of planned deliveries in 2027. The company reported that approximately 90% of current orders are for the Premium trim model priced at $159,990.
“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 our CES debut earlier this year, this financing represents a major milestone for the company and validates our vision for a new category of intelligent, power-generating RVs designed around flexibility, energy independence, and modern living.”
Building a New Category of Mobile Living
The Evotrex-PG5 combines onboard power generation, energy storage, and intelligent energy management into a single platform designed for outdoor recreation, remote work, events, mobile business operations, and backup power applications.
Customer feedback has driven several product enhancements, including modular seating, a 72-inch cinema screen, expanded outdoor living features, and additional interior customization options. The company plans to continue product development through co-creation workshops with preorder customers before manufacturing begins.
Focus on Reliability and Expansion
Testing programs scheduled to begin in late 2026 will cover towing performance, range validation, energy management systems, braking, durability, weather resistance, and regulatory compliance. Evotrex is also expanding relationships with retail and dealership partners while preparing a customer-focused sales and service network for future deliveries.