Evotrex raises $30M to build the RV that doesn’t need a charging station
Evotrex raised a $30 million Series A to finish testing a hybrid RV trailer and prepare to sell its first units next year.
Intelligence analysis by GPT-5.4 Mini
The two-year-old startup says the funding will help it validate and build its first hybrid RV trailer, the PG5, which uses a battery plus onboard gas engine. It is targeting about 1,000 units a year and says demand is already concentrated in a higher-end trim.
Evotrex is building a camping trailer that can make its own power with a battery and a small gas engine, like a phone charger built into a car. The company got more money so it can test the trailer harder before selling it.
Analysis
Funding and plan
Evotrex, a Los Angeles-based startup founded two years ago, raised a $30 million Series A round, bringing total funding to $46 million. The round included several China- and Hong Kong-based investment firms, and Anker was among the seed investors.
The company says the capital will help it finish building and testing its first hybrid RV travel trailer, the PG5, after revealing it at CES and coming out of stealth last year. Evotrex is aiming to start selling next year and expects output of about 1,000 units annually.
Product strategy
Unlike startups that are betting fully on electric trailers, Evotrex is building a hybrid system. The RV uses a battery pack that can be recharged by an onboard gas engine, which the company describes as an extended-range electric vehicle setup. Co-founder Alex Xiao said the point is to enable long stretches off-grid, something he argues is harder with a pure battery setup or a gas vehicle that still needs an electric hookup.
The company says 90% of its current order book is for the fully loaded Premium trim, priced at about $160,000. Xiao said the first functional version has already been validated, but the next 10 to 12 months will be spent on durability testing.
Execution risks
Xiao also framed the business as more than just a product challenge. He said RVs have many moving parts, so reliability and service matter as much as engineering. Evotrex appears to be leaning into that view: its first service employee joined about six months ago, and its first sales employee joined only this month.
The startup still plans to manufacture in China and do final assembly in California, though it has not locked down those locations yet. Xiao said a Los Angeles base should help with both customer access and climate testing.
Key points
- Evotrex raised a $30 million Series A, lifting total funding to $46 million.
- The startup is building a hybrid RV trailer that can recharge from an onboard gas engine.
- It plans to sell its first units next year and targets about 1,000 units annually.
- Evotrex says 90% of its current orders are for the $160,000 Premium trim.
- The company still needs 10 to 12 months of durability testing and has not finalized manufacturing sites.
If Evotrex finishes testing successfully, it could reach market before some bigger RV makers and capture buyers who want to stay off-grid longer. The strong interest in its Premium trim suggests there may already be demand for a high-end version of the product.
The company still has to prove durability, service readiness, and manufacturing execution before it can sell at scale. RVs are mechanically complex, and its plan depends on locking down production and assembly locations while competing against both startups and legacy brands.
