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Fortune
Fortune
Hebron Sher

I raised $15 million without VC in one of tech’s most capital-intensive sectors. Here’s what I learned

hs (Credit: courtesy of Zevo)

Over the last few years, the mobility industry convinced itself that EV adoption was inevitable.

Billions of dollars poured into companies built around that assumption. Automakers rushed to electrify lineups. Investors chased growth projections that assumed consumers would naturally transition from gas-powered vehicles to EV ownership. Founders sold a story that the future was obviously and inevitably electric.

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