Zevx, a Gilbert, AZ-based leader in EV power system delivery, raised $20M+ in in the first tranche of a funding round.
The round was led by Reynolds Capital. In addition, the company announced the appointment of Don Listwin as CEO, Kevin J. Kennedy as Chairman and independent Board member, as well as David L. Shimek and Sidney Haider, of The Reynolds and Reynolds Company, as new Board members.
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Led by Don Listwin, CEO, ZEVX specializes in delivering intelligent EV systems powering commercial class 2 to 6 vehicles, power takeoff, reefer refrigeration, and EV infrastructure such as charging stations. It has a series of battery electric powertrain and power system products that quickly migrate commercial fleet assets to zero carbon.
Prior ZEVX CEO and Co-Founder, Carolyn Maury, has assumed the roles of CFO and CAO.
FinSMEs
20/02/2023