Evotrex, a two-year-old startup with strong backing from Chinese and Hong Kong investors, aims to produce 1,000 units annually of its hybrid electric RVs designed for extended off-grid living. The company’s innovative model combines battery power with an onboard gasoline engine for recharging, targeting a niche unmet by existing fully electric or traditional RVs.
- Hybrid RV combines battery with onboard gas engine charger
- 90% of preorders are for fully loaded Premium models around $160,000
- Manufacturing planned in China with final assembly in California
What happened
Evotrex, a Los Angeles-based startup founded two years ago, has secured $30 million in Series A funding led by a consortium of Chinese and Hong Kong investors including GSR United Capital and Forebright Concerto Capital. The funding increases the company’s total capital raised to $46 million and supports its plans to produce and sell its first hybrid electric RV travel trailers starting next year, with targets of about 1,000 units annually.
The company revealed a functional prototype of its PG5 RV at the Consumer Electronics Show and is now focusing on rigorous testing for durability over the next 10 to 12 months. Evotrex plans to manufacture the RVs in China and perform final assembly in California, tapping into the local market and diverse climates for further testing.
Why it matters
Evotrex’s hybrid extended-range electric vehicle (EREV) design offers a significant advantage over fully electric or traditional gas-powered RVs by enabling longer off-grid living. The onboard gasoline engine recharges the battery, overcoming the limitations of current all-electric travel trailers which struggle with range and recharging infrastructure, while providing more freedom than conventional RVs that rely heavily on campsite hookups.
This approach appeals to a growing market of RV enthusiasts seeking lifestyle flexibility, demonstrated by 90% of Evotrex’s preorders opting for its high-end Premium trim priced around $160,000. With legacy manufacturers like Thor and Winnebago slower to commercialize electric models, Evotrex is positioning itself as an early mover in an evolving segment driven by innovation and consumer demand.
What to watch next
Evotrex’s next critical milestone will be successfully completing the durability and reliability testing of the PG5 model across different environments. The company has prioritized customer service readiness by hiring its first service employee ahead of expanded sales staff, signaling a focus on supporting early adopters to build brand loyalty and advocacy.
Additionally, securing final production and assembly locations will be essential to scale. Market reception once the RV launches will reveal how well the hybrid system addresses practical off-grid challenges. Industry competition with startups pursuing fully electric travel trailers and slow-to-market legacy brands will test Evotrex’s ability to leverage its technological and operational strengths for sustainable growth.