ZEVX has raised a $20M funding round to develop intelligent power systems that power EVs.
Reynolds Capital led the round.
ZEVX builds battery management systems for class 2-6 pickups.
- Company officials claim that the business can differentiate itself by being more efficient with its capital than other EV companies.
- ZEVX aims to use the funds to accelerate growth and expand its operations.
- The company is based in Arizona.
