Nevoya raises $9.3M as its EV truck fleet reaches cost parity with diesel

Nevoya, an all-electric truck fleet startup, has raised $9.3 million in a new funding round. The company aims to expand its operations with this capital infusion. The key highlights of the news article are: 1. Nevoya is an all-electric truck fleet startup that has secured $9.3 million in additional funding. 2. The company's goal is to expand its operations, which suggests it is scaling up its business. 3. The article mentions that Nevoya's electric trucks have reached cost parity with traditional diesel-powered trucks, making them a more viable and competitive option in the market. 4. The funding will likely be used to further develop Nevoya's technology, increase its fleet size, and potentially explore new markets or service offerings. Overall, the article showcases Nevoya's progress in the electric vehicle (EV) truck fleet industry, where it has achieved a critical milestone of cost parity with diesel trucks, and is now poised to grow its business with the help of the new capital raised.
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