Technology7/22/2025TechCrunch

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

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.

Note: This is an AI-generated summary of the original article. For the full story, please visit the source link below.

Source: TechCrunchAI-generated summary
Content is AI-generated for summary purposes only
Share:

Related Articles

I'm a longtime Pixel user - and I still wouldn't buy one at this moment
💻 Technology5h ago1 min read

I'm a longtime Pixel user - and I still wouldn't buy one at this moment

Content is AI-generated for summary purposes only
The White House just joined TikTok
💻 Technology5h ago1 min read

The White House just joined TikTok

Content is AI-generated for summary purposes only
Apple's new iOS 26 beta 2 has new features, but is your iPhone compatible? Check this list
💻 Technology5h ago1 min read

Apple's new iOS 26 beta 2 has new features, but is your iPhone compatible? Check this list

Content is AI-generated for summary purposes only
Sony's newest headphones are for WH-1000XM6 fans who love to game - and I can attest to that
💻 Technology6h ago1 min read

Sony's newest headphones are for WH-1000XM6 fans who love to game - and I can attest to that

Content is AI-generated for summary purposes only
US in talks over 10% Intel stake, White House confirms
💻 Technology6h ago1 min read

US in talks over 10% Intel stake, White House confirms

Content is AI-generated for summary purposes only
What Worries Americans About AI? Politics, Jobs and Friends
💻 Technology6h ago1 min read

What Worries Americans About AI? Politics, Jobs and Friends

Content is AI-generated for summary purposes only