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White Bear Lake Minnesota based Zeus Electric Chassis is raising $12,500,000.00 in New Equity Investment.

White Bear Lake Minnesota based Zeus Electric Chassis is raising $12,500,000.00 in New Equity Investment.

August 15, 2022 Craig Etkin

White Bear Lake, MN – According to filings with the U.S. Securities and Exchange Commission, Zeus Electric Chassis is raising $12,500,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Robert Grinstead 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 Zeus Electric Chassis
Zeus is a leading class 4-6 purpose-built, severe-duty, electric work truck solution in North America. Our mission is to engineer and manufacture uncompromising, full-electric vocational solutions that address environmental and industry needs. Our ground up approach and willingness to co-develop allows our customers to reimagine their future business model. Zeus is well networked within the eMobility ecosystem, partnering with market leading technology suppliers, work truck OEMs, end-user fleets, and non-profit industry leaders with the mission of accelerating EV adoption nationwide. Zeus Electric Chassis first customer is the Sacramento Municipal Utility District (SMUD). SMUD is the 6th largest community-owned, not-for-profit electric service provider in the US. Zeus will be delivering five purpose-built vocational work trucks in Q2 of 2022 and will be supporting a 6-month fleet adoption program. Zeus is partnered with the California Mobility Center and E Source to ensure program success. Zeus Electric Chassis Inc. is a Delaware corporation based in White Bear Lake, MN that develops severe-duty electric eMobility solutions.

To learn more about Zeus Electric Chassis, visit http://zeuselectricchassis.com/

Contact:
Robert Grinstead, Chief Executive Officer
844-938-7462
robert.grinstead@zeuselectricchassis.com
https://www.linkedin.com/in/robert-grinstead-66712810/

SOURCE: http://www.intelligence360.io
Copyright (c) 2022 SI360 Inc. All rights reserved


Venture Capital
5120, Minneapolis-St. Paul, Minnesota, Venture Capital, White Bear Lake, Zeus Electric Chassis

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