Evotrex raises $30M Series A to push off-grid RVs to market

Los Angeles-based Evotrex has raised a $30 million Series A to accelerate development and commercial launch of its hybrid off-grid RV platform, bringing total funding to $46 million. The company is building the PG5, a travel trailer designed for extended off-grid use, and says the new capital will support final product development, testing, validation, and production preparation ahead of planned customer deliveries in 2027.

The round drew backing from a consortium that included GSR United Capital, Forebright Capital, TTGG Ventures, and Pegasus Capital, along with other investors from China and Hong Kong. Anker Innovations, the consumer electronics company, is also listed among Evotrex’s early investors.

Evotrex is targeting a segment of the RV market that combines camping, mobile power, and electrified systems, with the company saying most of its existing order book is for the higher-end PG5 trim. The financing gives the startup additional room to complete engineering work and prepare for manufacturing as it moves toward first deliveries.