Evotrex secured $30 million in funding to develop an electric recreational vehicle (RV) that operates without the need for charging stations, the company announced this week. The investment round was led by Anker Innovations, aiming to support Evotrex’s mission to create an off-grid RV powered by renewable energy sources.
The funding round involved participation from strategic investors including Anker Innovations, which has a history of backing hardware startups. Evotrex plans to use the capital to accelerate product development and scale manufacturing. The company’s CEO highlighted that their RV integrates solar panels and advanced battery technology to enable extended travel without relying on traditional charging infrastructure.
This funding comes amid growing interest in electric vehicles that offer greater autonomy and sustainability. Unlike conventional EVs that depend on charging networks, Evotrex’s approach targets the outdoor and adventure market by providing energy independence. The deal follows a trend of startups innovating in the EV space with unique solutions to range anxiety and charging limitations.
Evotrex aims to launch its first off-grid RV model by late 2027, with plans to expand its product line thereafter. The $30 million investment will support research, development, and initial production runs, positioning the startup to compete in the evolving electric vehicle and recreational vehicle markets.