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Corona California based Adomani is raising $23,000,000.00 in New Equity Investment.

Corona California based Adomani is raising $23,000,000.00 in New Equity Investment.

February 2, 2021 Craig Etkin

Corona, CA – According to filings with the U.S. Securities and Exchange Commission, Adomani is raising $23,000,000.00 in new funding. Sources indicate as part of senior management Chief Financial Officer, Michael Menerey 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 Adomani

ADOMANI is a provider of new zero-emission electric vehicles and is a provider of zero-emission electric drivetrain systems for integration in medium to heavy-duty commercial fleet vehicles, as well as re-power conversion kits for the replacement of drivetrain systems in combustion-powered vehicles. ADOMANI’s zero-emission electric vehicles are focused on reducing the total cost of vehicle ownership and help fleet operators unlock the benefits of green technology and address the challenges of traditional fuel price cost instability and local, state and federal environmental regulatory compliance.

To learn more about Adomani, visit http://adomanielectric.com/

Contact:
Michael Menerey, Chief Financial Officer
951-407-9860
https://www.linkedin.com/in/michaelkmenerey/

SOURCE: http://www.intelligence360.io
Copyright (c) 2021 SI360 Inc. All rights reserved


Venture Capital
6780, Adomani, California, Corona, Riverside-San Bernardino, Venture Capital

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