REVO Powertrains

Zero Emissions Powertrains for Commercial Trucks and Buses

Claim My Business
Min Investment
Alameda, CA
Offering Date
December 13, 2022
Expected Close Date
March 13, 2023
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Company Description

The medium- and heavy-duty truck and bus industry is undergoing a transition to zero-emission electric vehicles. We believe we offer a unique value proposition to our customers in that they can electrify their fleet by RePowering vehicles they already own. With the core technology created, it’s now time to execute the commercial phase of building our Powertrain-in-a-Crate™ kits for sale to vehicle services companies to RePower existing diesel vehicles to zero emission full battery electric.

Key Deal Facts

REVO Powertrains aims to be one of the leading providers of zero-emissions powertrain systems in the medium- and heavy-duty commercial vehicle market. With 10 issued patents and two pending, we believe we are one of the only companies offering a turnkey end-to-end product for electric RePower of commercial vehicles.

The market opportunity for medium- and heavy-duty powertrains is immense and the electrification of this segment is just starting to build and grow, driven increasingly by industry tailwinds such as regulation and incentives. We address trucks, vocational vehicles, and buses – in total a $400 billion global market – with an internally developed high-torque, high-efficiency Powertrain-in-a-Crate that means longer routes and lower fuel costs for fleet operators.

With our established leadership team and accomplished mechanical, powertrain, and software engineers, we’re powering the next generation of lighter, quieter, more efficient commercial fleets. We believe the time to electrify is now, and we’re ready to roll.

Management Team / Advisory Board Bios

, Kevin LandisChief Executive Officer & DirectorKevin Landis, REVO's CEO, is the chief investment officer of Firsthand Capital Management (FCM), an investment management firm he founded in 1994. FCM is the investment adviser to Firsthand Technology Value Fund (NASDAQ: SVVC), a publicly-traded venture capital fund. Born and raised in Silicon Valley, Mr. Landis has over two decades of experience in engineering, market research, product management, and investing in the technology sector. Mr. Landis holds a B.S. in electrical engineering and computer science from the University of California at Berkeley and an M.B.A. from Santa Clara University.
Edward Alan DowdellChief Commercial Officer Alan Dowdell is an international business leader specializing in the electrification of transportation. At REVO Powertrains, Alan is Chief Commerical Officer and leads commercial operations, business development and strategic partnerships.
Alan joined REVO from 19Y Advisors where he leads the energy and transportation practice helping companies craft strategic plans, create and analyze financial models, and execute business development strategic alliances. Prior to 19Y, Alan was at ChargePoint where he was VP of Business Development and Strategic Partnerships. Alan was also VP/GM of Life Science Mass Spectrometry at ThermoFisher, and for 20 years at Corning Inc. Alan helped build and lead optical fiber, laser technologies, life science, pharmaceutical and LCD glass businesses.
Alan received an MBA from MIT Sloan as a Sloan Fellow, a BS in electrical engineering from Louisiana Tech, and served 8 years in the US Navy as a nuclear trained submarine officer. Alan's life experience includes living in 13 US states, the UK for 4 years and Shanghai China for 10 years. He is based in Silicon Valley and enjoys spending time with his wife and three kids, traveling, photography, driving his EV, and practicing Chinese.
Dan CrenshawDirector of Supply ChainDan has been involved in manufacturing large Corporations and Startups in various combinations from Low Volume Capital Equipment to high-volume serial manufacturing. Dan found that the multi-hat, dynamic, making a visible impact aspect of startups is far more exciting and gratifying and has focused the past 20 years of his career in this arena. Focusing almost equally on manufacturing operations and supply chains throughout his career, Dan has been involved in building all or part of Trains, Planes, Automobiles, Electric Motorcycles, Ships, Heavy Construction Equipment, Utility Scale Solar, EVs, Renewable Energy, and built and run factories in industries including Solar, Automotive and a Casting Foundry.
Lizen Yumang Head of Finance and Business Development Lizen is REVO’s Head of Finance and Business Development. She brings over 20+ years of experience in Finance, Accounting and Business management. An effective leader with in-depth knowledge of business acumen and a clear understanding how to deliver quantifiable results. 
Lizen is driven, goal oriented and energetic. She has a proven track record in improving control processes and achieving efficiencies. With her previous experience in the commercial electric vehicle space, she leverages her network to build REVO’s pipeline and establish relationships with EV dealerships. She is also experienced and knowledgeable with federal and state incentives which will serve to accelerate time to market and help reduce product costs for REVO. Lizen is based in Southern California and enjoys spending time with her kids and her dogs, working out, traveling, and volunteering at the local Mission.
Derek RichardsDirector Program Development, Testing/Validation, Facilities and AssemblyDerek is a seasoned automotive and electric vehicle veteran with more than three decades of experience. Prior to REVO, Derek served at General Motors (GM) in a variety of engineering and managerial positions. Most recently he served as the company’s Advanced Vehicle Performance Manager for electric trucks including the HUMMER EV, Chevrolet BEV pickup and BEV Escalade, as well as the Volt/Velite5 passenger car models.
In his career, Derek also served for 4 years on international assignments in both Thailand and Japan. He was GM’s international Vehicle Chief Engineer of the Global Chevrolet Colorado and Trailblazer for the entire launch at the GM Rayong Plant in Thailand. Prior to that he was the Global Vehicle Performance, Validation & Quality Executive for the same program in a Joint Venture development with Isuzu Japan. Derek holds a Master of Science in Engineering from Purdue University.

Andrew Schini Director of EngineeringAndrew has proven experience building and guiding teams to produce innovative and production-ready designs in Automotive, Medical, and Automation fields. Andrew is adept at leading projects from initial schedule to stable manufacturing. At REVO, Andrew oversees the product design and strategies across mechanical, electrical and software disciplines. 
Prior to REVO, Andrew was at Tesla where he was a Senior Mechanical Engineer working on the Model 3 Auto Pilot Product Design. Prior to his work in the automotive space, Andrew led a successful career in the Medical field. He worked at Siemens Healthcare Diagnostics as a Senior Product Engineer leading a team of designers in the successful design, verification and on schedule transfer to manufacturing of an Atellica Blood Analyzer. Andrew holds a Bachelor of Science in Mechanical Engineering from Purdue University. 
David F WelchDirectorDavid F. Welch, Ph.D. is a Member of the Board of Directors for Revo. Dr. Welch has founded and managed several high technology companies and is an active participant is over a dozen start up companies. He holds over 130 patents in optica technologies, and has authored over 300 technical publications in the same field. In recognition of his technical contributions to the optical industry, he has been awarded the OSA’s Adolph Lomb Medal, Joseph Fraunhofer Award and John Tyndall Award, the IET’s JJ Thompson Medal for Achievement in Electronics, and the IEEE Ernst Weber Managerial Leadership Award. He is a Fellow of the OSA and the IEEE. In 2016, he was elected to the National Academy of Engineering. Dr. Welch holds a B.S. in Electrical Engineering from the University of Delaware and a Ph.D. in Electrical Engineering from Cornell University
Amount Raised : $25,049
Reveal the Score by Voting
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.

Research Reports

No reports have been submitted

Become a Reporter