Nevoya raises $9.3M as its EV truck fleet reaches cost parity with diesel | TechCrunch
Briefly

Nevoya, a Los Angeles-based startup, aims to enhance EV truck adoption by providing electric trucks for shippers, attracting a $9.3 million seed investment. The company serves 10 Fortune 500 clients in California, aligning EV services with diesel truck costs. Leveraging AI, Nevoya optimizes trucking routes, load balancing, and charging schedules, improving efficiency and reducing energy use. Founder Sami Khan notes that their automation reduces human error and enhances dispatcher-client communication. The firm expects growth fueled by their recent funding, moving beyond initial conservative steps.
"When we started running the trucking business, we looked at what [everybody was] doing, and we meticulously looked at every minute-by-minute of what was going on. We came to the conclusion that 90% of what was going on could be automated or semi-automated."
"The idea of lowering carbon emissions is still attractive to the Fortune 500s," Khan told TechCrunch. Khan said he also believes Nevoya is just running a much faster, leaner, and better carrier business than legacy operators - in large part by leveraging AI.
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