Los Angeles-based Nevoya came out of stealth last year with the ambitious goal of breaking the EV truck adoption logjam. Nevoya made enough progress on its goal to attract investors — and a $9.3 million seed round — to help it move even faster.
The young company, which buys electric trucks and offers them to shippers, is now carrying goods for 10 different Fortune 500 companies. More importantly, it’s offering services as a carrier to those companies in California at cost parity with similar-sized diesel trucks.
It’s a noteworthy accomplishment, especially at a time of increasing anti-EV headwinds — fueled by an administration that has publicly criticized green energy.
Founder Sami Khan is unfazed.
The idea of lowering carbon emissions is still attractive to the Fortune 500s, Khan told TechCrunch. Khan said he also believes Nevoya is just running a much faster, leaner, and better carrier business than legacy operators — in large part by leveraging AI.
