Solar Transport Systems announced it raised $450,000 in an initial filing from an offering of $1 Million
Solar Transport Systems announced it raised $450,000 in an initial filing from an offering of $1 Million
04/17/25, 2:24 PM
Location
Money raised
$450,000
Industry
manufacturing
Round Type
seed
Company Info
Location
st. petersburg, florida, united states
Additional Info
Solar Transport Systems recognizes that developing countries are at risk of being left behind in the global transition to electric vehicles. EVs designed for the northern hemisphere are often unaffordable in these regions, and unreliable power grids combined with limited charging infrastructure make them impractical.
However, many developing nations benefit from abundant sunshine — making direct solar charging a viable and sustainable solution. With minimal running costs, solar electric vehicles offer an affordable and practical path forward, helping to bridge the mobility gap and drive clean transportation for all.