Thursday, 5 March, 2026
All-electric commercial vehicle startup EVage raises $28M
By Basit Ansari
<p>EVage, an all-electric commercial vehicle startup, has raised a $28M seed round led by new U.S.-based venture capital firm RedBlue Capital. The startup already has five electric trucks on the road for a variety of e-commerce clients, including Amazon. It plans to complete its production-ready factory outside Delhi in Q1 2022. The startup plans to manufacture vehicles in Modular Micro Manufacturing factories, which should have smaller carbon footprints.</p>
Read full story at TechCrunch
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