Range Energy has raised $23.5 million to scale its electric-powered trailers and help reduce fuel use and emissions across the commercial trucking industry.

Unlike traditional trailers, Range’s electric-powered trailers actively assist with propulsion—reducing fuel consumption in diesel trucks and extending range in electric ones. Their technology helps fleets lower emissions, reduce operating costs, and improve efficiency without overhauling existing vehicles.

With this new funding, the company plans to scale production and accelerate commercial rollout.

This marks a pivotal moment in Range‘s mission to modernize freight and bring electrification to the roads.

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