Hello all,
While March Madness is in full swing, it was another productive month for Range, with several new and exciting updates.
New Funding for Pilots and Production
We announced $23.5 million in new financing to accelerate our work towards our customer pilot program and full-scale production. The raise was led by Phillip Sarofim’s Trousdale Ventures with participation from UP.Partners, R7, and Yamaha Motor Ventures. We couldn’t be more excited to continue our journey to decarbonize commercial transportation, now with further backing from industry leaders.
Success at TMC’s Annual Meeting 2024
We had a great trip to New Orleans for ATA’s Technology & Maintenance Council 2024 Annual Meeting (TMC). We met with fleets, shippers, and industry partners, while demonstrating our platform in-person with our Alpha trailer. Communicating the power of the Range platform is always much more impactful while meeting in front of our actual operating product. We also stopped by for a visit with our Dealer Advisory Council partners at Doggett Freightliner outside of San Antonio on our way back to our California headquarters to further our market outreach with industry leading equipment dealers.
Reserve Your Fleet’s Spot in Our Pilot Queue Today
TMC was yet another opportunity to meet with fleets, and we walked away with several more 2024 Pilot slots accounted for. With the ACT Expo quickly approaching (find us at Booth 931), we’re in the final stretch of Beta Trailer preparation. Be sure to contact us today to book your Dry Van or Reefer Pilot slot.
As always, higher fuel efficiency, improved safety, and more coming in 2024 – we’re looking forward to connecting with you!
–Range Energy