FleetForge Unveils Modular EV Platform for Light Commercial Vehicles, Raises $85M Series A

Tech · 6 min read

FleetForge introduced a configurable EV skateboard platform designed for light commercial vehicles like parcel vans, food trucks, and utility fleets. Key features include battery-swappability, modular cargo modules, and a telematics-driven predictive maintenance system.

The startup closed an $85 million Series A round led by Transport Capital, signaling strong investor appetite for commercial electrification. FleetForge will use the funds to expand production capacity, certify variants for different regulatory markets, and build software tools for fleet operators.

Early partners include logistics companies conducting pilot fleets and upfitters building specialized bodies on FleetForge's skateboard. The company says the modular approach aims to reduce vehicle downtime and lifecycle emissions while simplifying upgrades over time.