Revoy raises $27M to build a hybrid-electric long-haul freight network
Standard Capital led the round for Ian Rust's swappable electric dolly system, which adds battery power to existing diesel semis.
By Ryan Merket · Published
Primary source: X
Why it matters
Revoy is trying to bypass the cost and charging barriers slowing electric semis by selling battery assistance per mile. Its Series A must turn a small fleet trial into repeatable lane economics.
Revoy raised a $27 million Series A led by Standard Capital and launched a long-haul freight network built around swappable electric units that attach to existing diesel semi trucks, Revoy Chairman Peter Reinhardt (@reinpk) said in an X thread Thursday. Revoy describes the network as the first cost-competitive hybrid-electric long-haul freight system in the United States, a claim that has not been independently established.…
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