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S2G Ventures and CCI led a $35m funding round in Orange EV.

Synopsis

S2G Ventures, a venture capital firm, and CCI, an investment company, led a $35m funding round in Orange EV, an EV industry-leading manufacturer. “S2G Ventures is investing in the transition to the clean energy, low-carbon economy and we are excited for the positive impact Orange EV will make. The company has led the industry ever since its first truck was released in 2015 and now has the security to truly innovate and exert its leadership role in this market for a long time to come. Orange EV’s trucks have a lower total cost of ownership than diesel, give their customers a tangible way to lower their carbon footprint, and dramatically improve their drivers’ experience, while also saving money along the way – this is what a successful energy transition looks like,” Stephan Feilhauer, S2G Ventures Managing Director.

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