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The Founder's Handbook

Top 79 Electric Vehicle Startups in 2024

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CTA

Think Electric Vehicle is boring and everything’s been done before?

Think again.

If you’re in the Electric Vehicle industry or are interested in starting a company in this space, this article dives into 79 of the hottest fast-growing Electric Vehicle startups.


79 Electric Vehicle Startups

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1) TIER Mobility

TIER Mobility

TIER Mobility is a micro-mobility firm that offers clients long-term ride-sharing options.

Details of the startup:

  • Country: Germany
  • State: Berlin
  • City: Berlin
  • Started in: 2018
  • Founders: Julian Blessin, Lawrence Leuschner, Matthias Laug
  • Number of employees: 501-1000
  • Funding: $447,948,158
  • Funding rounds: 6
  • Number of investors: 18 (Goldman Sachs, SoftBank Vision Fund, SOSV, Goodwater Capital, Speedinvest)

You can find their website here.

2) Einride

Einride

Einride is a transportation technology firm that designs and develops electric and autonomous freight vehicles.

Details of the startup:

  • Country: Sweden
  • State: Stockholms Lan
  • City: Stockholm
  • Started in: 2016
  • Founders: Filip Lilja, Linnea Kornehed, Robert Falck
  • Number of employees: 101-250
  • Funding: $152,343,070
  • Funding rounds: 8
  • Number of investors: 15 (EQT Ventures, Ericsson, Temasek Holdings, Northzone, Soros Fund Management)

You can find their website here.

3) Lightyear

Lightyear

Lightyear is a solar electric car startup located in the Netherlands that is developing an ultra-energy-efficient automobile platform.

Details of the startup:

  • Country: The Netherlands
  • State: Noord-Brabant
  • City: Helmond
  • Started in: 2016
  • Founders: Arjo van der Ham, Koen van Ham, Lex Hoefsloot, Martijn Lammers, Qurein Biewenga
  • Number of employees: 101-250
  • Funding: € 87,397,000
  • Funding rounds: 6
  • Number of investors: 5 (EASME - EU Executive Agency for SMEs, BOM, Zero Point Holding, SHV Holdings, Sioux High Tech Software Ltd.)

You can find their website here.

4) Volta Trucks

Volta Trucks

Volta Trucks is an electric vehicle manufacturer that focuses on creating sustainable cities.

Details of the startup:

  • Country: Sweden
  • State: Stockholms Lan
  • City: Sigtuna
  • Started in: 2019
  • Founders: Carl-Magnus Norden, Kjell Walöen
  • Number of employees: 51-100
  • Funding: $25,041,096
  • Funding rounds: 2
  • Number of investors: 2 (Luxor Capital Group, Byggmästare A J Ahlström)

You can find their website here.

5) Whim

Whim

Whim is a mobility-as-a-service provider that bundles all city transportation services into a single app for its customers.

Details of the startup:

  • Country: Finland
  • State: Southern Finland
  • City: Helsinki
  • Started in: 2015
  • Founders: Kaj Pyyhtia, Sampo Hietanen
  • Number of employees: 51-100
  • Funding: € 53,700,000
  • Funding rounds: 5
  • Number of investors: 12 (Mitsubishi Corporation, Business Finland, Denso, Ferrovial, NordicNinja VC)

You can find their website here.

6) Wallbox

Wallbox

Wallbox develops smart charging and energy solutions to promote the adoption of electric vehicles and the usage of renewable energy sources.

Details of the startup:

  • Country: Spain
  • State: Catalonia
  • City: Barcelona
  • Started in: 2015
  • Founders: Eduard Castañeda Mañé, Enric Asunción
  • Number of employees: 501-1000
  • Funding: € 58,000,000
  • Funding rounds: 5
  • Number of investors: 6 (Endeavor Catalyst, Desafía, Iberdrola, Seaya Ventures, Cathay Innovation)

You can find their website here.

7) Polestar

Polestar

Polestar is a high-performance electric vehicle brand that focuses on uncompromising automobile design and technology.

Details of the startup:

  • Country: Sweden
  • State: Vastra Gotaland
  • City: Göteborg
  • Started in: 1996
  • Number of employees: 101-250
  • Funding: $550,000,000
  • Funding rounds: 1
  • Number of investors: 5 (SK Holdings, Chongqing Chengxing Equity Investment Fund Partnership, Zibo Hightech Industrial Investment, I Cube Capital, Zibo Financial Holding)

You can find their website here.

8) VOI Technology

VOI Technology

Electric scooters for urban commuters are owned, operated, and managed by VOI Technology.

Details of the startup:

  • Country: Sweden
  • State: Stockholms Lan
  • City: Stockholm
  • Started in: 2018
  • Founders: Adam Jafer, Douglas Stark, Filip Lindvall, Fredrik Hjelm, Keith Richman
  • Number of employees: 251-500
  • Funding: $355,900,000
  • Funding rounds: 7
  • Number of investors: 25 (Balderton Capital, LocalGlobe, Project A Ventures, Creandum, Raine Ventures)

You can find their website here.

9) Tritium

Tritium

Tritium provides energy independence through scalable and adaptable technology solutions.

Details of the startup:

  • Country: Australia
  • State: Queensland
  • City: Brisbane
  • Started in: 2001
  • Founders: David Finn
  • Number of employees: 251-500
  • Funding: $93,974,879
  • Funding rounds: 3
  • Number of investors: 3 (Cigna, Gilbarco Veeder Root, Brian Flannery)

You can find their website here.

10) Zoomo

Zoomo

Zoomo is a subscription-based provider of electric bikes for gig workers in the food delivery industry.

Details of the startup:

  • Country: Australia
  • State: New South Wales
  • City: Sydney
  • Started in: 2017
  • Founders: Arwin Soetanto, Michael Johnson, Mina Nada
  • Number of employees: 101-250
  • Funding: $25,500,000
  • Funding rounds: 3
  • Number of investors: 8 (AirTree Ventures, Contrarian Ventures, OneVentures, Maniv Mobility, Wisdom VC)

You can find their website here.

11) EasyMile

EasyMile

EasyMile is a high-tech startup that specializes in both autonomous car software and smart mobility solutions.

Details of the startup:

  • Country: France
  • State: Midi-Pyrenees
  • City: Toulouse
  • Started in: 2014
  • Founders: Gilbert Gagnaire, Philippe Ligier
  • Number of employees: 101-250
  • Funding: € 77,118,623
  • Funding rounds: 4
  • Number of investors: 7 (Bpifrance, Continental, Searchlight Capital Partners, EASME - EU Executive Agency for SMEs, Alstom)

You can find their website here.

12) Rimac Automobili

Rimac Automobili

Rimac Automobili is a hypercar and electric vehicle component company.

Details of the startup:

  • Country: Croatia
  • State: Zagrebacka
  • City: Sveta Nedelja
  • Started in: 2011
  • Founders: Mate Rimac
  • Number of employees: 501-1000
  • Funding: $208,861,013
  • Funding rounds: 6
  • Number of investors: 5 (EASME - EU Executive Agency for SMEs, Hyundai Motor Company, Kia Motors, Porsche Ventures, Camel Group)

You can find their website here.

13) Dance

Dance

Dance is an e-bike subscription business that charges users a monthly fee to protect their bikes as well as give all-inclusive assistance.

Details of the startup:

  • Country: Germany
  • State: Berlin
  • City: Berlin
  • Started in: 2020
  • Founders: Alexander Ljung, Christian Springub, Eric Quidenus-Wahlforss
  • Number of employees: 11-50
  • Funding: € 19,000,000
  • Funding rounds: 3
  • Number of investors: 11 (will.i. am, Julian Hönig, Chance the Rapper, HV Capital, La Famiglia)

You can find their website here.

14) GreenFlux

GreenFlux

With our smart EV charging infrastructure, GreenFlux enables customers to accelerate EV adoption and the usage of sustainable energy.

Details of the startup:

  • Country: The Netherlands
  • State: Noord-Holland
  • City: Amsterdam
  • Started in: 2011
  • Founders: Hans de Boer, Jurjen de Jong
  • Number of employees: 51-100
  • Funding: € 11,000,000
  • Funding rounds: 2
  • Number of investors: 4 (SET Ventures, BOM, Eneco group, ICT Group N.V.)

You can find their website here.

15) Gogoro

Gogoro

Gogoro intends to develop consumer technologies that will enhance how energy is distributed and used in the world's most populated cities.

Details of the startup:

  • Country: Taiwan
  • State: T'ai-pei
  • City: Taipei
  • Started in: 2011
  • Founders: Horace Luke, Matt Taylor
  • Number of employees: 501-1000
  • Funding: $480,000,000
  • Funding rounds: 4
  • Number of investors: 9 (Temasek Holdings, Engie, Panasonic, Sumitomo Corporation, Generation Investment Management)

You can find their website here.

16) Wunder Mobility

Wunder Mobility

Wunder Mobility is a technology and service platform that helps businesses and towns all over the world establish and grow new mobility initiatives.

Details of the startup:

  • Country: Germany
  • State: Hamburg
  • City: Hamburg
  • Started in: 2014
  • Founders: Gunnar Froh, Samuel Baker
  • Number of employees: 101-250
  • Funding: $70,000,000
  • Funding rounds: 5
  • Number of investors: 25 (FJ Labs, FundersClub, TA Associates, Blumberg Capital, Kingsway Capital)

You can find their website here.

17) Cowboy

Cowboy

Cowboy is a manufacturer and creator of cutting-edge electric bicycles for city dwellers.

Details of the startup:

  • Country: Belgium
  • State: Brussels Hoofdstedelijk Gewest
  • City: Brussels
  • Started in: 2017
  • Founders: Adrien Roose, Karim Slaoui, Tanguy Goretti
  • Number of employees: 101-250
  • Funding: $46,102,283
  • Funding rounds: 7
  • Number of investors: 18 (Index Ventures, Crowdcube, Tiger Global Management, Kima Ventures, Greyhound Capital)

You can find their website here.

18) Beam

Beam

Beam is a micromobility firm that rents out electric scooters.

Details of the startup:

  • Country: Singapore
  • State: Central Region
  • City: Singapore
  • Started in: 2018
  • Founders: Alan Jiang, Deb Gangopadhyay
  • Number of employees: 101-250
  • Funding: $33,400,000
  • Funding rounds: 5
  • Number of investors: 25 (Alumni Ventures Group, Founders Fund, MDI Ventures, Sequoia Capital India, 500 Startups)

You can find their website here.

19) eMabler

eMabler

Payment, business processes, data, and electricity management are all integrated with EV charging in an API-first eMobility SaaS platform.

Details of the startup:

  • Country: Finland
  • State: Southern Finland
  • City: Helsinki
  • Started in: 2019
  • Founders: Juha Stenberg, Ville Parviainen
  • Number of employees: 1-10
  • Funding: € 630,000
  • Funding rounds: 1
  • Number of investors: 3 (Business Finland, Nidoco, Sofokus)

You can find their website here.

20) Sono Motors

Sono Motors

Sono Motors is a company that provides transportation and energy services all over the world.

Details of the startup:

  • Country: Germany
  • State: Bayern
  • City: Munich
  • Started in: 2016
  • Founders: Jona Christians, Laurin Hahn, Navina Pernsteiner
  • Number of employees: 101-250
  • Funding: $126,588,253
  • Funding rounds: 6
  • Number of investors: 7 (Headline, Lorenz Bogaert, Swedbank Robur, Bollinger Investment Group, Wi Ventures)

You can find their website here.

21) DUCKT

DUCKT

Duckt is a solution for micromobility infrastructure. For better operations, a better experience for people, and a better city, we dock, lock, and charge.

Details of the startup:

  • Country: Estonia
  • State: Harjumaa
  • City: Tallinn
  • Started in: 2019
  • Founders: Cagri Selcuklu, Evren Yazıcı, Goksen Atalay
  • Number of employees: 1-10
  • Funding: € 800,000
  • Funding rounds: 2
  • Number of investors: 2 (InnoEnergy, F+ Ventures)

You can find their website here.

22) GO Sharing

GO Sharing

GO Sharing is an electric mobility firm that uses a smartphone app to help people find e-scooters.

Details of the startup:

  • Country: The Netherlands
  • State: Noord-Holland
  • City: Amsterdam
  • Started in: 2019
  • Founders: Doeke Boersma, Donny van den Oever, Raymon Pouwels
  • Number of employees: 51-100
  • Funding: $72,072,254
  • Funding rounds: 2
  • Number of investors: 5 (Rabo Corporate Investments, Opportunity Partners, Doeke Boersma, Raymon Pouwels, Donny van den Oever)

You can find their website here.

23) Voltz Motors

Voltz Motors

Voltz Motors is a company based in Brazil that produces electric motorcycles.

Details of the startup:

  • Country: Brazil
  • State: Bahia
  • City: Recife
  • Started in: 2017
  • Founders: Renato Villar
  • Number of employees: 11-50
  • Funding: R$100,000,000
  • Funding rounds: 1
  • Number of investors: 1 (Creditas)

You can find their website here.

24) Virta Ltd.

Virta Ltd.

Virta is a pioneer in the field of electric vehicle charging.

Details of the startup:

  • Country: Finland
  • State: Southern Finland
  • City: Helsinki
  • Started in: 2013
  • Number of employees: 11-50
  • Funding: € 30,000,000
  • Funding rounds: 2
  • Number of investors: 2 (Jolt Capital, JXTG Holdings)

You can find their website here.

25) Unu motors

Unu motors

Unu is a battery-powered, smart electric scooter that allows people to commute in an urban area.

Details of the startup:

  • Country: Germany
  • State: Berlin
  • City: Berlin
  • Started in: 2013
  • Founders: Elias Atahi, Mathieu Caudal, Pascal Leonard Blum
  • Number of employees: 101-250
  • Funding: $43,282,884
  • Funding rounds: 7
  • Number of investors: 8 (Iris Capital, Capnamic Ventures, Ponooc, EIT Digital Accelerator, NRW.BANK)

You can find their website here.

26) Grin Scooters

Grin Scooters

Grin Scooters is a Latin American micromobility firm that combined with Yellow to form Grow Mobility.

Details of the startup:

  • Country: Mexico
  • State: Distrito Federal
  • City: Mexico City
  • Started in: 2018
  • Founders: Bryan Zambrano, Guilherme Freire, Jonathan Lewy, Karime German, Luis Isaac Ramirez, Sergio Romo
  • Number of employees: 101-250
  • Funding: $72,652,616
  • Funding rounds: 5
  • Number of investors: 18 (500 Startups, Y Combinator, DCM Ventures, Soma Capital, Liquid 2 Ventures)

You can find their website here.

27) Tier IV

Tier IV

Tier IV creates open source software for self-driving cars.

Details of the startup:

  • Country: Japan
  • State: Tokyo
  • City: Tokyo
  • Started in: 2015
  • Founders: Shinpei Kato
  • Number of employees: 101-250
  • Funding: $1,252,485,095
  • Funding rounds: 5
  • Number of investors: 11 (Sony Innovation Fund, UTEC - The University of Tokyo Edge Capital Partners, KDDI, SPARX Group, JAFCO Japan)

You can find their website here.

28) Knave

Knave

For BtoB companies who want to add a rental service to their existing business, Knave offers a turnkey Mass Market solution.

Details of the startup:

  • Country: France
  • State: Ile-de-France
  • City: Paris
  • Started in: 2019
  • Founders: Edouard Vaujour, Jérôme Beillevaire
  • Number of employees: 1-10
  • Funding: € 10,000,000
  • Funding rounds: 1
  • Number of investors: 1 (ACOFI)

You can find their website here.

29) Peak Power Inc

Peak Power Inc

Intelligent energy in smart cities is enabled by a software firm.

Details of the startup:

  • Country: Canada
  • State: Ontario
  • City: Toronto
  • Started in: 2015
  • Founders: Benson Pei Sen Hu, Derek Lim Soo, Matthew Sachs
  • Number of employees: 11-50
  • Funding: $25,074,753
  • Funding rounds: 8
  • Number of investors: 12 (BDC Capital, FedDev, Sustainable Development Technology Canada, Sensata Technologies, Ontario Centres of Excellence)

You can find their website here.

30) ChargeLab

ChargeLab

The Android of EV charging is ChargeLab. Our software, which is hardware neutral, runs on the world's most common EV chargers.

Details of the startup:

  • Country: Canada
  • State: Ontario
  • City: Toronto
  • Started in: 2016
  • Founders: Ehsan Mokhtari
  • Number of employees: 11-50
  • Funding: $5,400,000
  • Funding rounds: 2
  • Number of investors: 8 (Root Ventures, Expansion Venture Capital, Urban Us, Notation Capital, Construct Capital)

You can find their website here.

31) NewMotion

NewMotion

Provider of electric mobility services

Details of the startup:

  • Country: The Netherlands
  • State: Noord-Holland
  • City: Amsterdam
  • Started in: 2009
  • Founders: Alef Arendsen, Ritsaart van Montfrans
  • Number of employees: 51-100
  • Funding: € 13,565,000
  • Funding rounds: 5
  • Number of investors: 11 (Entrepreneurs Fund, Alliander, AutoBinck, Ritsaart van Montfrans, Tendris Holding)

You can find their website here.

32) Etergo

Etergo

Etergo is a cutting-edge electric mobility startup.

Details of the startup:

  • Country: The Netherlands
  • State: Noord-Holland
  • City: Amsterdam
  • Started in: 2014
  • Founders: Bart Jacobsz Rosier, Marijn Flipse
  • Number of employees: 101-250
  • Funding: € 20,265,567
  • Funding rounds: 7
  • Number of investors: 2 (Leapfunder, Magnitude Network)

You can find their website here.

33) ubitricity

ubitricity

Ubitricity focuses on the development of electric vehicle charging infrastructure.

Details of the startup:

  • Country: Germany
  • State: Berlin
  • City: Berlin
  • Started in: 2008
  • Founders: Frank Pawlitschek, Knut Hechtfischer, Lex Hartman
  • Number of employees: 11-50
  • Funding: € 21,800,000
  • Funding rounds: 3
  • Number of investors: 5 (Siemens, Earlybird Venture Capital, Next47, Honda Motor, Électricité de France)

You can find their website here.

34) Oyika

Oyika

Oyika is a Singapore-based startup that develops electric vehicle battery swapping and charging infrastructure.

Details of the startup:

  • Country: Singapore
  • State: Central Region
  • City: Singapore
  • Started in: 2018
  • Founders: Lee Jinsi
  • Number of employees: 1-10
  • Funding: $100,000,000
  • Funding rounds: 1

You can find their website here.

35) Ubco

Ubco

Utility Electric Vehicles (UEVs) and Portable Power Supplies are designed, developed, and distributed by Ubco, a New Zealand-based technology business.

Details of the startup:

  • Country: New Zealand
  • State: Bay of Plenty
  • City: Otumoetai
  • Started in: 2015
  • Founders: Anthony Clyde, Daryl Neal, Timothy Allan
  • Number of employees: 11-50
  • Funding: NZ$10,450,000
  • Funding rounds: 4
  • Number of investors: 1 (Enterprise Angels)

You can find their website here.

36) Elocity

Elocity

Elocity is a cleantech firm that helps electric utilities, communities, and enterprises alter their transportation electrification journeys.

Details of the startup:

  • Country: Canada
  • State: Ontario
  • City: Toronto
  • Started in: 2018
  • Founders: Sanjeev Singh
  • Number of employees: 11-50
  • Funding: CA$2,390,000
  • Funding rounds: 4
  • Number of investors: 3 (Accelerator Centre, Sustainable Development Technology Canada, Ontario)

You can find their website here.

37) GetHenry

GetHenry

GetHenry is a solution for last-mile delivery and courier service accessibility.

Details of the startup:

  • Country: Germany
  • State: Berlin
  • City: Berlin
  • Started in: 2018
  • Founders: Luis Orsini-Rosenberg, Nikodemus Seilern
  • Number of employees: 1-10
  • Funding: $1,016,337
  • Funding rounds: 5
  • Number of investors: 3 (Techstars, APX, Techstars Smart Mobility)

You can find their website here.

38) ROCSYS

ROCSYS

The charging automation firm is ROCSYS.

Details of the startup:

  • Country: The Netherlands
  • State: Zuid-Holland
  • City: Delft
  • Started in: 2019
  • Founders: Crijn Bouman, Joost van der Weijde, Kanter Van Deurzen
  • Number of employees: 1-10
  • Funding: € 5,460,000
  • Funding rounds: 5
  • Number of investors: 4 (Superangel, FORWARD.one Venture Capital, UNIIQ, Rabobank Delft Innovation Fund)

You can find their website here.

39) Magnax

Magnax

Next-generation electric vehicles will use axial flux electric motors with high power density.

Details of the startup:

  • Country: Belgium
  • State: West-Vlaanderen
  • City: Kortrijk
  • Started in: 2015
  • Founders: Daan Moreels, Kester Goh, Peter Leijnen
  • Number of employees: 11-50
  • Funding: $19,994,079
  • Funding rounds: 2
  • Number of investors: 3 (Hirschvogel Ventures, Torus Capital, Vlerick Group)

You can find their website here.

40) Mate.bike

Mate.bike

Mate.bike designs and manufactures one-of-a-kind, enjoyable, and cheap electric bicycles to alleviate traffic congestion, climate change, and health concerns.

Details of the startup:

  • Country: Denmark
  • State: Hovedstaden
  • City: Copenhagen
  • Started in: 2016
  • Founders: Christian Adel Michael, Julie Kronstrøm Carton
  • Number of employees: 11-50
  • Funding: $26,606,978
  • Funding rounds: 4
  • Number of investors: 1 (Squared Circles)

You can find their website here.

41) Skand

Skand

Skand is a Nordic designer and manufacturer of light electric vehicles that may be used all year.

Details of the startup:

  • Country: Finland
  • State: Southern Finland
  • City: Vantaa
  • Started in: 2015
  • Founders: Anssi Helminen, Eva Adlercreutz Carrero, Miika Utoslahti, Stefan Wennström
  • Number of employees: 11-50
  • Funding: € 1,845,000
  • Funding rounds: 2

You can find their website here.

42) e.GO Mobile

e.GO Mobile

e.GO Mobile AG is a company that designs and manufactures electronic automobiles.

Details of the startup:

  • Country: Germany
  • State: Nordrhein-Westfalen
  • City: Aachen
  • Started in: 2015
  • Founders: Günther Schuh
  • Number of employees: 251-500
  • Funding: € 30,000,000
  • Funding rounds: 1
  • Number of investors: 4 (Moore Strategic Ventures, Edward Norton, Alejandro Agag, John Snow)

You can find their website here.

43) Ather Energy

Ather Energy

Ather Energy is an electric scooter company.

Details of the startup:

  • Country: India
  • State: Karnataka
  • City: Bengaluru
  • Started in: 2013
  • Founders: Arun Vinayak, Swapnil Jain, Tarun Mehta
  • Number of employees: 501-1000
  • Funding: $102,210,000
  • Funding rounds: 5
  • Number of investors: 5 (Tiger Global Management, InnoVen Capital, Binny Bansal, Sachin Bansal, HeroMotoCorp Ltd)

You can find their website here.

44) Cell Propulsion

Cell Propulsion

Cell Propulsion is a fleet electrification firm that develops solutions for large-scale commercial vehicle fleet electrification.

Details of the startup:

  • Country: India
  • State: Karnataka
  • City: Bengaluru
  • Started in: 2016
  • Founders: Nakul Kukar, Paras Kaushal
  • Number of employees: 11-50
  • Funding: $4,074,000
  • Funding rounds: 6
  • Number of investors: 6 (Endiya Partners, Huddle, growX ventures, CIIE.CO, Micello)

You can find their website here.

45) BluSmart Mobility

BluSmart Mobility

BluSmart is an electric vehicle fast charging network and a zero-emission ridehailing service.

Details of the startup:

  • Country: India
  • State: Gujarat
  • City: Ahmedabad
  • Started in: 2019
  • Founders: Anmol Jaggi, Punit Goyal
  • Number of employees: 51-100
  • Funding: $17,062,939
  • Funding rounds: 5
  • Number of investors: 20 (Venture Catalysts, LetsVenture, Inflection Point Ventures, Mayfield Fund, Mumbai Angels)

You can find their website here.

46) Oye Rickshaw

Oye Rickshaw

Oye Rickshaw is an electric vehicle energy solutions startup that uses a booking app to link customers with public transportation.

Details of the startup:

  • Country: India
  • State: Haryana
  • City: Gurgaon
  • Started in: 2017
  • Founders: Akash Deep, Mohit Sharma
  • Number of employees: 251-500
  • Funding: $13,275,120
  • Funding rounds: 3
  • Number of investors: 10 (Xiaomi, Alteria Capital, Matrix Partners India, Kunal Bahl, Rohit Bansal)

You can find their website here.

47) Yulu

Yulu

Yulu is a micro-mobility platform in India that uses shared electric two-wheelers to alleviate traffic congestion and pollution.

Details of the startup:

  • Country: India
  • State: Karnataka
  • City: Bengaluru
  • Started in: 2017
  • Founders: Amit Gupta, Hemant Gupta, Naveen Dachuri, RK Misra
  • Number of employees: 101-250
  • Funding: $19,900,000
  • Funding rounds: 4
  • Number of investors: 7 (3one4 Capital, Blume Ventures, rocketship.vc, Incubate Fund, Bajaj Auto Finance)

You can find their website here.

48) Euler Motors

Euler Motors

Euler Motors is a full-stack electric vehicle manufacturer focused on business mobility and last-mile logistics.

Details of the startup:

  • Country: India
  • State: Delhi
  • City: New Delhi
  • Started in: 2018
  • Founders: Saurav Kumar
  • Number of employees: 51-100
  • Funding: $18,151,445
  • Funding rounds: 4
  • Number of investors: 8 (Blume Ventures, Sujeet Kumar, Emergent Ventures, ADB Ventures, Inventus Capital)

You can find their website here.

49) Revolt Motors

Revolt Motors

Revolt Motors is a car manufacturer.

Details of the startup:

  • Country: India
  • State: Delhi
  • City: New Delhi
  • Started in: 2019
  • Founders: Rahul Sharma
  • Number of employees: 11-50
  • Funding: ₹1,500,000,000
  • Funding rounds: 1
  • Number of investors: 1 (RattanIndia Power)

You can find their website here.

50) Statiq

Statiq

Statiq is an electric vehicle charging network that allows customers to find the nearest charging station, reserve a slot, and pay digitally.

Details of the startup:

  • Country: India
  • State: Haryana
  • City: Gurgaon
  • Started in: 2020
  • Founders: Akshit Bansal, Raghav Arora
  • Number of employees: 11-50
  • Funding: $2,450,000
  • Funding rounds: 2
  • Number of investors: 1 (Y Combinator)

You can find their website here.

51) Pure EV

Pure EV

Pure EV is a firm that was started at IIT Hyderabad.

Details of the startup:

  • Country: India
  • State: Andhra Pradesh
  • City: Hyderabad
  • Started in: 2016
  • Founders: Nishanth Dongari, Rohit Vadera
  • Number of employees: 1-10
  • Funding: $35,000,000
  • Funding rounds: 1
  • Number of investors: 1 (V.C. Nannapaneni)

You can find their website here.

52) Ola Electric Mobility

Ola Electric Mobility

Ola is an Indian mobility platform and ride-hailing firm.

Details of the startup:

  • Country: India
  • State: Karnataka
  • City: Bengaluru
  • Started in: 2017
  • Founders: Anand Shah, Ankit Jain
  • Number of employees: 251-500
  • Funding: $307,338,822
  • Funding rounds: 5
  • Number of investors: 7 (SoftBank, Tiger Global Management, Matrix Partners India, Kia Motors, Hyundai Motor Company)

You can find their website here.

53) Grinntech

Grinntech

Lithium Battery Packs for Automotive and Stationary Use

Details of the startup:

  • Country: India
  • State: Tamil Nadu
  • City: Chennai
  • Started in: 2013
  • Founders: Nikhilesh Mishra, Puneet Jain
  • Number of employees: 11-50
  • Funding: $2,000,000
  • Funding rounds: 1
  • Number of investors: 5 (Lakshmi Narayanan, 23 High Networth Individuals (HNIs), UCAL Fuel Systems, KS Manian, V Sumantran)

You can find their website here.

54) WM Motor

WM Motor

WM Motor is an automaker that creates, manufactures, develops, and sells electric vehicles that run on batteries.

Details of the startup:

  • Country: China
  • State: Shanghai
  • City: Shanghai
  • Started in: 2015
  • Founders: Bin Lu, Hui Shen, Ligang Du
  • Number of employees: 1001-5000
  • Funding: $4,859,399,622
  • Funding rounds: 6
  • Number of investors: 24 (Tencent, Sequoia Capital, Baidu, Agricultural Bank of China, Tsinghua Unigroup)

You can find their website here.

55) AIWAYS

AIWAYS

AIWAYS is a Shanghai-based smart electric vehicle manufacturer.

Details of the startup:

  • Country: China
  • State: Shanghai
  • City: Shanghai
  • Started in: 2017
  • Founders: Fu Qiang, Gu Feng
  • Number of employees: 1001-5000
  • Funding: $791,729,484
  • Funding rounds: 6
  • Number of investors: 4 (Didi, Contemporary Amperex Technology, Shagang Group, Mingchi Fund)

You can find their website here.

56) BYTON

BYTON

BYTON is an electric vehicle manufacturer that creates vehicles that are completely connected smart devices on wheels.

Details of the startup:

  • Country: China
  • State: Jiangsu
  • City: Nanjing
  • Started in: 2016
  • Founders: Carsten Breitfeld, Daniel Kirchert
  • Number of employees: 1001-5000
  • Funding: $1,200,000,000
  • Funding rounds: 5
  • Number of investors: 9 (Tencent, Foxconn Technology Group, Suning.com, Contemporary Amperex Technology, Marubeni)

You can find their website here.

57) Leapmotor

Leapmotor

Leapmotor is a Chinese new energy vehicle manufacturer based in Hangzhou.

Details of the startup:

  • Country: China
  • State: Zhejiang
  • City: Hangzhou
  • Started in: 2015
  • Founders: Fu Liquan, Zhu Jiangming
  • Number of employees: 501-1000
  • Funding: $1,067,748,549
  • Funding rounds: 4
  • Number of investors: 12 (Sequoia Capital China, Yonghua Capital, Gopher Asset Management, Shanghai Electric Group Corp, SDIC Fund Management)

You can find their website here.

58) Ninebot

Ninebot

Ninebot specializes on personal transportation and autopilot.

Details of the startup:

  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 2012
  • Founders: Lufeng Gao, Ye Wang
  • Number of employees: 251-500
  • Funding: $247,000,000
  • Funding rounds: 4
  • Number of investors: 8 (Intel Capital, Sequoia Capital China, Xiaomi, GIC, WestSummit Capital)

You can find their website here.

59) BAIC BJEV

BAIC BJEV

Beijing Automotive Group's BAIC BJEV is an electric car division.

Details of the startup:

  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 2009
  • Number of employees: 1001-5000
  • Funding: $1,660,289,758
  • Funding rounds: 2
  • Number of investors: 3 (Daimler, China Cinda Asset Management, Zhongji Investment)

You can find their website here.

60) Hozon

Hozon

Hozon is an electric car startup that develops intelligent electric vehicle models using technology.

Details of the startup:

  • Country: China
  • State: Shanghai
  • City: Shanghai
  • Started in: 2014
  • Founders: Yunzhou Fang
  • Number of employees: 251-500
  • Funding: CN¥6,372,000,000
  • Funding rounds: 5
  • Number of investors: 4 (Hongli Zhihui Group, Guojin Capital, Yangtze Delta Region Institute of Tsinghua University, Zhejiang, HD Capital)

You can find their website here.

61) XCharge

XCharge

XCharge is a Beijing-based electric vehicle charging infrastructure developer.

Details of the startup:

  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 2015
  • Founders: Simon Hou
  • Number of employees: 1-10
  • Funding: $4,000,000
  • Funding rounds: 3
  • Number of investors: 4 (GGV Capital, ZhenFund, InnoVen Capital, Shell Ventures)

You can find their website here.

62) Teld New Energy

Teld New Energy

Teld New Energy is a network operator for electric vehicle charging stations.

Details of the startup:

  • Country: China
  • State: Shandong
  • City: Qingdao Shi
  • Started in: 2014
  • Founders: Yongguang Guo
  • Number of employees: 251-500
  • Funding: CN¥2,753,000,000
  • Funding rounds: 4
  • Number of investors: 8 (CDH Investments, China Development Bank, China Structural Reform Fund, China Reform Fund Management, Qingdao TGOOD Electric)

You can find their website here.

63) Singulato Motors

Singulato Motors

Singulato Motors is a new energy vehicle, smart car system, and vehicle networking services and solutions start-up.

Details of the startup:

  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 2014
  • Founders: Shen Haiyin
  • Number of employees: 251-500
  • Funding: $1,082,404,496
  • Funding rounds: 4
  • Number of investors: 6 (Qihoo 360 Technology, ITOCHU Corporation, Legend Star, GX Capital, TWC Group)

You can find their website here.

64) Phylion Battery

Phylion Battery

Phylion Battery is a lithium-ion battery producer for electric vehicles.

Details of the startup:

  • Country: China
  • State: Jiangsu
  • City: Suzhou
  • Started in: 2003
  • Founders: Liquan Chen
  • Number of employees: 501-1000
  • Funding: $200,216,428
  • Funding rounds: 3
  • Number of investors: 7 (Yingke Capital, Legend Holdings, CCB International, PCCW, Boxin Capital)

You can find their website here.

65) Youxia Motors

Youxia Motors

Youxia Motors is an electric vehicle design and manufacturing company.

Details of the startup:

  • Country: China
  • State: Shanghai
  • City: Minhang
  • Started in: 2014
  • Founders: Will Lee
  • Number of employees: 101-250
  • Funding: $1,334,520,263
  • Funding rounds: 4
  • Number of investors: 5 (Qianhai Wutong Mergers and Acquisitions Funds, China Environmental Protection Industry Co., China Fortune Ocean, Gezhi Asset Management, Huzhou Wuxing South Taihu Lake Construction Investment Co.)

You can find their website here.

66) Surron

Surron

Surron is a manufacturer of electric motorbikes and bicycles.

Details of the startup:

  • Country: China
  • State: Zhejiang
  • City: Hangzhou
  • Started in: 2014
  • Number of employees: 51-100
  • Funding: CN¥10,000,000
  • Funding rounds: 1
  • Number of investors: 1 (Northern Light Venture Capital)

You can find their website here.

67) Bird

Bird

Bird creates a vehicle sharing network that offers low-cost transportation to communities all around the world.

Details of the startup:

  • Country: United States
  • State: California
  • City: Santa Monica
  • Started in: 2017
  • Founders: Travis VanderZanden
  • Number of employees: 501-1000
  • Funding: $623,000,000
  • Funding rounds: 9
  • Number of investors: 32 (Index Ventures, Craft Ventures, Sequoia Capital, Target Global, Relay Ventures)

You can find their website here.

68) SES

SES

SES is a maker of electric car Hybrid Li-Metal Batteries.

Details of the startup:

  • Country: United States
  • State: Massachusetts
  • City: Woburn
  • Started in: 2012
  • Founders: Qichao Hu
  • Number of employees: 251-500
  • Funding: $225,114,997
  • Funding rounds: 8
  • Number of investors: 17 (Khosla Ventures, Temasek Holdings, Vertex Ventures, General Motors, MassVentures)

You can find their website here.

69) Faraday Future

Faraday Future

Faraday Future is a design and technology company that is reimagining transportation, content, and ownership around the world.

Details of the startup:

  • Country: United States
  • State: California
  • City: Gardena
  • Started in: 2014
  • Founders: Tony Nie
  • Number of employees: 501-1000
  • Funding: $2,383,750,000
  • Funding rounds: 6
  • Number of investors: 4 (Ares Management, Zhejiang Geely Holding Group, China Evergrande New Energy Vehicle Group, Birch Lake Partners)

You can find their website here.

70) Rad Power Bikes

Rad Power Bikes

We're designing a world where transportation is energy-efficient, pleasurable, and accessible to everyone at Rad Power Bikes.

Details of the startup:

  • Country: United States
  • State: Washington
  • City: Seattle
  • Started in: 2007
  • Founders: Mike Radenbaugh, Tyler Collins
  • Number of employees: 501-1000
  • Funding: $175,320,365
  • Funding rounds: 4
  • Number of investors: 8 (Fidelity Management and Research Company, Morgan Stanley, T. Rowe Price, Vulcan Capital, The Rise Fund)

You can find their website here.

71) Enevate

Enevate

Enevate is a rechargeable energy storage technology firm that provides revolutionary Li-ion battery capacity.

Details of the startup:

  • Country: United States
  • State: California
  • City: Irvine
  • Started in: 2005
  • Founders: Benjamin Park
  • Number of employees: 51-100
  • Funding: $192,600,000
  • Funding rounds: 7
  • Number of investors: 11 (Lenovo, Fidelity Management and Research Company, Threshold, Samsung Ventures, LG Chem)

You can find their website here.

72) Optimus Ride

Optimus Ride

Optimus Ride is a self-driving car firm that offers communities safe, dependable, convenient, and long-term mobility.

Details of the startup:

  • Country: United States
  • State: Massachusetts
  • City: Boston
  • Started in: 2015
  • Founders: Albert Huang, Jenny Larios Berlin, Ramiro Almeida, Ryan Chin, Sertac Karaman
  • Number of employees: 101-250
  • Funding: $75,981,997
  • Funding rounds: 7
  • Number of investors: 22 (Alumni Ventures Group, Emerson Collective, FirstMark, Haystack, NextView Ventures)

You can find their website here.

73) Xos Trucks

Xos Trucks

Xos Trucks is a company that specializes in the production of totally electric commercial trucks.

Details of the startup:

  • Country: United States
  • State: California
  • City: North Hollywood
  • Started in: 2016
  • Founders: Dakota Semler, Giordano Sordoni
  • Number of employees: 101-250
  • Funding: $20,000,000
  • Funding rounds: 2
  • Number of investors: 3 (Sand Hill Angels, BUILD Capital Partners, Proeza Ventures)

You can find their website here.

74) Local Motors

Local Motors

Local Motors is an American automaker that designs and manufactures safe and accessible mobility solutions for small towns.

Details of the startup:

  • Country: United States
  • State: Arizona
  • City: Chandler
  • Started in: 2007
  • Founders: Damien Declercq, John B. Rogers, Mark Smith
  • Number of employees: 251-500
  • Funding: $15,250,000
  • Funding rounds: 5
  • Number of investors: 5 (Airbus Ventures, Scout Ventures, VTF Capital, Mirai Creation Fund, Bre Pettis)

You can find their website here.

75) Wheels

Wheels

Wheels is a public shared electric mobility platform that offers transportation to the general public.

Details of the startup:

  • Country: United States
  • State: California
  • City: Los Angeles
  • Started in: 2018
  • Founders: Chris Stavlas, Jonathan Viner, Joshua Viner
  • Number of employees: 11-50
  • Funding: $96,297,422
  • Funding rounds: 6
  • Number of investors: 10 (Alumni Ventures Group, Bullpen Capital, DBL Partners, Naval Ravikant, 3L Capital)

You can find their website here.

76) SUPER73

SUPER73

SUPER73 is a lifestyle adventure brand based in the United States that combines motorcycling tradition with youth culture.

Details of the startup:

  • Country: United States
  • State: California
  • City: Irvine
  • Started in: 2016
  • Founders: Aaron P. Wong, Alix Armour, LeGrand Crewse, Michael Cannavo
  • Number of employees: 51-100
  • Funding: $29,490,000
  • Funding rounds: 4
  • Number of investors: 2 (Bradley Horowitz, Volition Capital)

You can find their website here.

77) Lucid Motors

Lucid Motors

Lucid Motors is an automobile manufacturer that focuses on electric vehicles.

Details of the startup:

  • Country: United States
  • State: California
  • City: Newark
  • Started in: 2007
  • Founders: Andrew Burns, Sam Weng
  • Number of employees: 1001-5000
  • Funding: $1,330,999,992
  • Funding rounds: 5
  • Number of investors: 5 (Saudi Arabia's Public Investment Fund, Venrock, Mitsui & Co, China Environmental Fund, Jafco Life Science)

You can find their website here.

78) Helbiz

Helbiz

Helbiz is a company that operates e-scooters, e-bicycles, and e-mopeds for intra-urban mobility.

Details of the startup:

  • Country: United States
  • State: New York
  • City: New York
  • Started in: 2016
  • Founders: Salvatore Palella
  • Number of employees: 251-500
  • Funding: $56,850,000
  • Funding rounds: 10
  • Number of investors: 3 (Salvatore Palella, FCA Bank, Global Equities)

You can find their website here.

79) Joby Aviation

Joby Aviation

Joby Aviation is a business that develops electric aircraft for the aerospace industry.

Details of the startup:

  • Country: United States
  • State: California
  • City: Santa Cruz
  • Started in: 2009
  • Founders: JoeBen Bevirt
  • Number of employees: 501-1000
  • Funding: $795,970,000
  • Funding rounds: 6
  • Number of investors: 20 (Intel Capital, Uber, 8VC, Toyota Motor, EDBI)

You can find their website here.

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