What is Evotrex?
Evotrex operates at the intersection of sustainable energy and recreational mobility. The company designs and manufactures intelligent recreational vehicles that prioritize energy independence, allowing travelers to explore remote destinations without the constraints of traditional power infrastructure. By synthesizing advanced power generation with high-performance automotive design, Evotrex addresses the increasing demand for eco-conscious, long-range adventure vehicles. Its market position is bolstered by a leadership team with deep roots in hardware development and large-scale manufacturing, providing a competitive edge in the rapidly evolving mobility technology landscape.
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 and private equity firm based in Beijing, focusing on high-growth technology sectors.
Zhejiang Paradise Silicon Valley Asset Management Group Co., Ltd.
A prominent Chinese venture capital firm with over 25 years of experience, specializing in smart technology, advanced manufacturing, and healthcare.
Forebright Capital
An institutional-quality fund manager that provides growth capital and value-added services to middle-market enterprises in China.
What's next for Evotrex?
With this major strategic investment, Evotrex is poised to transition from its development phase into a period of aggressive market expansion and product refinement. The capital will likely be deployed to enhance the production capabilities of the PG5, optimize its proprietary energy management software, and expand its distribution network. As the company scales, it will focus on solidifying its supply chain and establishing a brand presence that resonates with the growing demographic of digital nomads and off-grid adventurers. Future growth will depend on the firm's ability to maintain its technological lead while navigating the complexities of the global automotive supply chain.
See full Evotrex company page
