Reported about 15 hours ago
Nevoya, a San Francisco-based all-electric trucking company, has announced it secured $9.3 million in seed financing led by Lowercarbon Capital, aimed at transforming the logistics industry using AI and automation. With the global electric truck market expected to hit $125 billion by 2030, Nevoya emphasizes its zero-emissions operations as both environmentally friendly and economically competitive. The funding will facilitate expansion into new markets, enhancement of its Transportation Management System, and growth of its team as it demonstrates the viability of cost-effective zero-emissions freight.
Source: YAHOO