Alameda, CA – According to filings with the U.S. Securities and Exchange Commission, Wrightspeed is raising $15,000,000.00 in a new round of investment. Sources indicate as part of senior management Chief Executive Officer, Gilbert Passin played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Wrightspeed

At Wrightspeed, we are designing the world’s most efficient range-extended electric vehicle powertrains for our growing roster of world-class customers. Built on a tradition of quality systems engineering, our powertrains represent a new era in vehicle propulsion, repowering a new generation of lighter, quieter and more efficient vehicle fleets for urban streets.

To learn more about Wrightspeed, visit http://www.wrightspeed.com/

Contact:
Gilbert Passin, Chief Executive Officer
866-960-9482
gilbert@wrightspeed.com
https://www.linkedin.com/in/gilbert-passin-74a36117/

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