Co-Founder/Jack of all trades
Revoy
10/10Traction
Revoy provides instant battery swapping infrastructure for electric semi-trucks, eliminating downtime associated with traditional EV charging. This system allows fleets to quickly exchange depleted batteries for fully charged ones at dedicated swapping stations. The service offers significant annual cost savings per truck and improves fleet operational efficiency.
- Energy
- Hardware
- Logistics & Supply Chain
Updated 22 months ago
Funding
Raised to date
$500KRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Alloy FundNo round attributed
- alloyfund.com (opens in a new tab)investor website
Eight CapitalNo round attributed
- Source unavailable
TransitionNo round attributed
- transition.vc (opens in a new tab)investor website
Y CombinatorNo round attributed
- Source unavailable
Funding rounds are not available yet.
Founders
Product
Problem
Long-haul trucking faces challenges in adopting electric vehicle (EV) technology due to the high cost of replacing existing diesel trucks and the significant downtime required for recharging large EV batteries. The upfront investment and operational disruptions hinder the transition to more sustainable transportation.
Solution
Revoy offers a detachable electric vehicle unit that connects between a semi-truck tractor and trailer, providing supplemental electric power to reduce diesel fuel consumption. This system allows for rapid battery swapping at designated stations, minimizing downtime compared to traditional EV charging. By integrating Revoy's EV unit, trucking fleets can achieve substantial fuel savings and improved efficiency without the capital expenditure of replacing their entire fleet with new electric trucks. The Revoy system enhances power delivery, leading to better fuel efficiency and a more responsive driving experience. The quick swapping capability ensures continuous operation, making it a practical solution for long-haul routes.
Target Audience
The primary target audience includes long-haul trucking companies and fleet operators seeking to reduce fuel costs and emissions without the significant investment and downtime associated with transitioning to fully electric vehicles.
Features
- Detachable EV unit compatible with standard semi-truck tractor-trailer configurations
- Rapid battery swapping system enabling near-continuous operation
- Integration with existing diesel trucks without requiring extensive retrofitting
- Real-time data monitoring of fuel consumption and energy usage
- Enhanced power delivery for improved acceleration and handling
- Strategically located swapping stations along major trucking routes
- Reduced stopping distance for increased safety