The investment will fund the further development of Range Energy’s electric axle technology for semi-trailers, which can reduce fuel consumption in a diesel tractor-trailer combo or energy consumption in a fully-electric one.

CEO and founder, Ali Javidan, said that establishing the advisory council is “a major milestone for Range as we bring our electric trailers to the commercial trucking market”. 

The test was conducted by Mesilla Valley Transportation Solutions (MVTS) of Las Cruces, New Mexico on a 25.5-mile route, comprising urban and highway roads.

The ‘RA-01’, which was debuted at the Advanced Clean Transportation Expo between 1-4 May 2023, is a 53-foot semi-trailer installed with an electric axle and energy storage system.