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Range Energy

Manufactures electric-powered trailers for decarbonizing trucking

Overview

Range Energy makes powered and intelligent trailers that attach to standard tractors to help heavy-duty trucks cut fuel use and emissions. Its RA-01 is a 53-foot electric trailer with an e-axle, 200 or 300 kWh battery, and a smart kingpin; it measures forces between tractor and trailer and provides propulsion through the trailer’s axle, lightening the tractor’s workload. The system works with existing diesel or new electric tractors and, in tests, improves diesel fuel economy by over 36% and can double the range of electric tractors, plus it can power auxiliary systems through a Thermo King collaboration and a trailer data/telematics platform. The company differentiates itself by offering a retrofit, hardware-plus-analytics solution sold directly to large fleets, aiming for immediate decarbonization benefits without replacing tractors, with a goal to accelerate electrification of heavy-duty trucking.

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About Range Energy

Simplify's Rating
Why Range Energy is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsAutomotive & TransportationHardwareEnergy

Company Size

11-50

Company Stage

Early VC

Total Funding

$31.5M

Headquarters

Mountain View, CA

Founded

2021

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Simplify's take

What believers are saying

  • Range raised $23.5 million in 2025, funding production and pilot scale-up.
  • Kyle Foley became CEO in September 2026, signaling a sharper commercialization push.
  • October 2026 whitepaper and ACT Expo tests showed 36.9% fuel gains and stronger ROI.

What critics are saying

  • Hyliion sued Range in March 2026 over electric-trailer patents, risking injunctions and royalties.
  • Reliance on custom hardware manufacturing makes any supplier delay or field failure existential.
  • Range still needs repeatable fleet orders; pilots with Dot Foods and others remain unproven.

What makes Range Energy unique

  • Range sells drop-in powered trailers for existing tractors, avoiding full truck replacement.
  • Its eTrailer uses e-axle, battery, and smart kingpin to add propulsion.
  • ZF, Thermo King, and Sibros partnerships harden the stack and accelerate commercialization.

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Funding

Total Funding

$31.5M

Above

Industry Average

Funded Over

2 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison Coming Soon

Benefits

  • Flexible Work Hours
  • Company Equity

Growth & Insights and Company News

6 month growth

2%

1 year growth

-4%

2 year growth

-4%
The Industrial
Feb 26th, 2025
Range Energy Appoints Former Zoox Executive Jon Foster as CEO to Lead Next Phase of Growth

Range Energy appoints former Zoox Executive Jon Foster as CEO to lead next phase of growth.

Fleet Equipment Magazine
Feb 14th, 2025
Q&A: Range Energy and ZF answer five questions about their partnership

Recently, Range Energy and ZF formed a partnership to develop and promote the Range eTrailer System in North America.

Range Energy
Dec 20th, 2024
Beyond EVs: The Role of Hybrid Trailers in Reducing Scope 3 Emissions

In order to help fleets make significant strides toward reducing their Scope 3 carbon emissions and maintain compliance with federal regulations, Range Energy has introduced an ePTS (Electric Powered Trailer System), which offers a practical, scalable, and much less expensive alternative to full fleet electrification.

NGT News
Jul 18th, 2024
Range Energy, South Coast AQMD Partner to Showcase Electric-Powered Trailers

Range Energy, a company bringing powered trailers to the commercial trucking market, has formed a partnership with the South Coast Air Quality Management District (South Coast AQMD), the California air pollution control agency.

Business Wire
May 21st, 2024
Range Energy Debuts Its Next Generation Electric-Powered Trailer System, The Rb-01, At The Advanced Clean Transportation Expo

LAS VEGAS--(BUSINESS WIRE)--Range Energy (Range), the company bringing powered trailers to the commercial trucking market, today debuted its next generation electric-powered trailer system, the RB-01, at the Advanced Clean Transportation (ACT) Expo. The RB-01 is the next iteration in Range’s series of trailer systems with initial tests yielding 47-67 percent miles-per-gallon (mpg) improvements, equivalent to a 32-40 percent reduction in fuel costs. Notably, during its transit to ACT, the tractor towing the RB-01 achieved 18.1 mpg during the final 281.6 miles between Bakersfield, CA and Las Vegas, NV. The results from this trip included a 2,000-foot net elevation gain and 12,000 feet total of climbing with ambient temperatures as high as 105 degrees Fahrenheit. The electric-powered trailer system includes an e-axle, 200 or 300 kWh battery pack, and smart kingpin, and is built with hardware and software components that are sourced from Range’s supply chain partners. Improved results shown by the RB-01 highlight Range’s continued progression of its trailer system to ease the transition to electric for fleet owners and operators, and in doing so, significantly reduces emissions and improves the efficiency of fleets’ diesel-powered heavy-duty trucks in the near-term

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