Range Energy recently completed its software and hardware interface validation prototypes for an electric trailer for the commercial market. Now, the company is powered by $8M in seed capital from UP Partners, R7 and Yamaha Motor Ventures.
The team has begun testing multiple prototype powered trailers as it advances towards full scale development vehicles and testing alongside commercial partners.
Range said its powered trailers decrease greenhouse gas emissions by 40%, reduce fuel costs for fleet owners, and are designed to eliminate operational disruptions borne from the transition to electric vehicles. To meet both immediate decarbonization needs as well as long-term fleet transformation ambitions, Range’s powered trailers are compatible with diesel tow vehicles and all-electric tractors.
"Our powered trailers seamlessly meet fleet owners’ short- and long-term decarbonization goals by easing the transition to electrification while simultaneously mitigating the risks of economic penalties associated with emerging mandates," said Ali Javidan, CEO and founder of Range Energy in the statement.