Orange EV Raises $35M in Funding

Orange EV e-TRIEVER Pure Electric Yard Truck
Orange EV e-TRIEVER Pure Electric Yard Truck

Orange EV, a Kansas City, MO-based EV manufacturer of heavy duty zero-emission trucks, closed a $35m funding round.

The round was led by S2G Ventures and CCI, an affiliate of Henry Crown and Company.

The company intends to use the funds to scale its manufacturing, deliver vehicles to new markets, and develop new technologies that will increase the lead in the Class 8 commercial vehicle segment.

Founded in 2012, Orange EV is a manufacturer of heavy-duty, electric vehicle solutions. Building both new and re-powered terminal trucks, the company offers electric Class 8 vehicles which have been chosen by more than 130 fleets across 28 states, Canada, and the Caribbean.

FinSMEs

04/08/2022