What is Evotrex?
Evotrex is pioneering the future of recreational vehicles by integrating advanced battery systems, efficient power generation, and sophisticated automotive engineering. Founded by a team with deep expertise from companies like Anker, Geely, IBM, and Lenovo, Evotrex aims to provide self-sustaining outdoor living solutions. Their flagship product, the Evotrex PG5, is engineered to offer energy independence and enhanced comfort for adventurers exploring remote locations, positioning the company as a significant player in the evolving mobility and sustainable technology sectors.
How much funding has Evotrex raised?
Evotrex has raised a total of $30M across 1 funding round:
Series A
$30M
Series A (2026): $30M with participation from GSR United Capital, Zhejiang Paradise Silicon Valley Asset Management Group Co., Ltd., and Forebright Capital
Key Investors in Evotrex
GSR United Capital
GSR United Capital is a venture capital firm based in Beijing, China, known for its investments in technology and innovation. While specific investment focuses are not detailed, their participation suggests an interest in disruptive technologies within the mobility or energy sectors.
Zhejiang Paradise Silicon Valley Asset Management Group Co., Ltd.
Zhejiang Paradise Silicon Valley Asset Management Group Co., Ltd. is a prominent Chinese venture capital firm with a strong track record in smart technology and advanced manufacturing. Their investment in Evotrex indicates a strategic alignment with companies driving innovation in energy generation and sustainable mobility solutions.
Forebright Capital
Forebright Capital is a private equity firm focused on the Chinese middle market, specializing in growth-stage companies. Their involvement with Evotrex suggests a belief in the company's potential for significant expansion and market leadership within the recreational vehicle and sustainable technology industries.
What's next for Evotrex?
The recent major strategic investment signals Evotrex's transition into a scaling phase, likely focusing on expanding production capabilities, enhancing its technological infrastructure, and broadening its market reach. With a clear vision for self-sustaining travel, the company is poised to capitalize on the growing demand for off-grid solutions and innovative RV technology. Future developments may include further integration of smart home features and advanced energy management systems to solidify its leadership in the intelligent vehicle market.
See full Evotrex company page