Announcing @Revoy’s $27M Series A Diesel is expensive. But long-haul EV semis are even more expensive! Today we’re launching the United States’ first hybrid electric, cost-competitive long-haul freight network. You don’t see it on your credit card statement, but the average American spends $1,270/year on long-haul freight. Diesel prices at the pump are outrageous today: rising on both international price shocks and increasing domestic shale oil costs. And pure EV semis are somehow even more expensive to operate. We need a better solution, and Ian Rust @semiautonomy figured it out. Revoy’s unique powered converter dolly lets us drop diesel usage by 95% and efficiently replace it with low-cost electricity. After two years of demonstrations and iterative improvements, we’re now taking the unique Revoy vehicle that we design and manufacture, and launching our hybrid-electric freight network with a select set of carriers. Shippers can reduce diesel consumption immediately on Revoy’s network without having to convince legacy carriers to convert their fleets, and without any investment in new infrastructure or equipment. We’re starting in the Pacific Northwest, with additional lanes planned.