Funding

Kansas-Based Orange EV Raises $100M in Credit Facility

Aug 15, 2026 | By Devin Jacobs

SUMMARY

Orange EV secured a $100M credit facility led by Wells Fargo.
The financing will support charging expansion and business growth.
Orange EV makes electric terminal trucks and charging solutions.

Orange EV, a Kansas City, KS-based provider of zero-emissions terminal trucks and fleet infrastructure solutions, has raised $100 million in a credit facility led by Wells Fargo Bank, N.A.

The company plans to use the financing to support working capital, expand its OptiGrid charging business, and grow its rental and leasing platform.

Funding Snapshot

Metric	Details
Fundraise Amount	$100 million
Funding Type	Credit Facility
Lead Financial Institution	Wells Fargo Bank, N.A.
Company	Orange EV
Sector	Electric Vehicles / CleanTech
Headquarters	Kansas City, Kansas

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About Orange EV

Orange EV is a U.S.-based manufacturer of 100% electric terminal trucks designed for heavy-duty yard operations. The company serves ports, rail yards, distribution centers, and logistics facilities across North America.

Orange EV provides a turnkey electrification solution that combines Class 8 electric terminal trucks, charging equipment and on-site service. Its offerings are designed to help large fleets transition from diesel-powered yard operations to zero-emission electric vehicles.

Core offerings include:

100% electric terminal trucks.
Fleet charging infrastructure.
On-site EV service and support.
Rental and leasing solutions.

Core Technologies / Products / Services

Capability/Product	Application/Use Case
Electric Terminal Trucks	Zero-emission operations at ports, rail yards and logistics facilities
OptiGrid Charging Solutions	Fast charging for electric vehicles and equipment
Orange Juicer™ CCS1	Battery-integrated charging system
Rental & Leasing Platform	Flexible access to electric terminal trucks

Leadership Comments

"This expanded liquidity gives us the room to grow at the record-breaking pace we've been on this year as we're on track for one out of every four new yard trucks purchased or leased to be an Orange EV yard truck," said Kurt Neutgens, CEO of Orange EV.

"Wells Fargo is pleased to support Orange EV with a flexible capital solution that aligns with the companys growth strategy across manufacturing, infrastructure solutions and fleet services," said Steve Linderman, Managing Director with Wells Fargo Capital Finance.