$9.3 Million Says Electric Trucks Are Coming For Your Fossil Fuels

Nevoya, a US electric truck startup, has secured $9.3 million in seed funding to expand its AI-enabled logistics platform and electric truck fleet, targeting medium-distance freight routes of 250 miles or less. The company’s business model focuses on replacing diesel trucks with electric vehicles (EVs) while optimizing fleet operations through software tailored specifically for EV performance and cost savings—addressing a common inefficiency where electric trucks are managed using legacy diesel-focused platforms. Nevoya emphasizes that current EV battery technology is best suited for short to medium hauls, which represent about 50% of freight movement, rather than long-distance cross-country routes that require more advanced batteries expected in 5-10 years. Nevoya currently operates Freightliner eCascadia electric trucks, which fit their operational range needs, rather than waiting for the Tesla Semi, whose full production is expected later this year. The company already serves several major shippers in California, including unnamed Fortune 500 clients, and has placed orders with