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The electric vehicle sector is expanding far beyond just manufacturing cars. Companies are now focusing on critical areas like battery technology, autonomous driving software, and charging infrastructure.
This list includes major players like Wayve, which has raised $1.3 billion for its AI driving software. It also features Group14 Technologies, a battery company with $1.2 billion in funding.
Below is our list of 100 Electric Vehicle startups worth keeping an eye on.
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Tether builds an AI platform that turns parked electric vehicles into a vast, distributed energy storage network. Their software optimizes EV charging and discharging to support the power grid, enabling a greater reliance on renewable energy.
Einride builds a freight technology platform that provides digital, electric, and autonomous shipping solutions. Their ecosystem of connected trucks and software helps companies make their freight operations more sustainable and efficient.
Wayve develops AI software for automated driving that learns from data to navigate complex environments. Their system uses an end-to-end deep learning model to teach cars how to drive, creating a scalable platform for autonomous vehicles.
FERNRIDE provides an autonomous, electric trucking platform designed for logistics hubs and shipping ports. Their technology combines full autonomy with remote human teleoperation, enabling scalable and efficient yard operations without a driver physically in the cab.
Group14 Technologies manufactures a silicon-carbon composite that serves as a drop-in replacement for graphite anodes in lithium-ion batteries. Their SCC55™ material boosts battery performance, delivering higher energy density and faster charging for products like electric vehicles and consumer electronics.
Ultraviolette Automotive builds high-performance electric motorcycles that combine advanced battery technology with an aviation-inspired design. They create vehicles that offer a premium, sustainable riding experience for the modern commuter.
Factorial Energy develops solid-state battery technology to increase the safety and performance of electric vehicles. Their batteries offer a powerful energy storage option for the automotive sector, as well as for residential and other critical applications.
EV Realty develops and owns grid-scale charging infrastructure designed for commercial electric vehicle fleets. They focus on powering last-mile delivery and service fleets, helping these businesses make the critical transition to electric vehicles.
Telo Trucks manufactures a compact electric vehicle designed to navigate city life with the utility of a standard pickup. Their innovative truck offers the footprint of a small car, making it practical for urban dwellers who also need capacity for weekend adventures.
Euler Motors builds electric three- and four-wheelers to accelerate the shift toward mass electric mobility. Their vehicles are specifically designed for commercial use, targeting the logistics and last-mile delivery market.
Those top 10 picks are just a small slice of what’s happening in the EV industry right now. All over the world, founders are building, raising funds, and launching new ways for people to get around.
Together, these companies have raised tens of billions of dollars, and many are just getting started. Here’s a look at the other startups shaping the electric vehicle scene.
| Startup | Main Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
| Environment | 2007 | $329.3M | Series D | |
| Mobility | 2021 | $38.2M | Private Equity | |
| Mobility | 1937 | $35M | Grant | |
| Mobility | 2016 | $450.7M | Grant | |
| Mobility | 2018 | $130M | Venture Round | |
| Mobility | — | $111M | Series B | |
| Mobility | 2021 | $202.7M | Series B | |
| Mobility | 2020 | $115M | Series B | |
| Mobility | 2025 | $305M | Venture Round | |
| Mobility | 2018 | $48M | Venture Round | |
| Energy | 2021 | $11M | Grant | |
| Mobility | 2020 | $87M | Venture Round | |
| Mobility | 2021 | $63.1M | Series A | |
| Media | 2018 | $274M | Debt Financing | |
| Media | 2018 | $595.3M | Debt Financing | |
| Mobility | 2021 | $41.9M | Series B | |
| Mobility | 2022 | $20M | Series A | |
| Mobility | 2014 | $326.9M | Grant | |
| Mobility | 2017 | $98.1M | Series A | |
| Energy | 2021 | $373.3M | Private Equity | |
| Mobility | 2022 | $30M | Venture Round | |
| AgTech | 2017 | $214M | Venture Round | |
| Energy | 2016 | $212.5M | Undisclosed | |
| Mobility | 2019 | $2.7M | Seed | |
| Mobility | 2019 | $501.2M | Debt Financing | |
| Hardware | 2020 | $15M | Debt Financing | |
| Mobility | 2019 | $486.3M | Series B | |
| Mobility | 2014 | $65M | Private Equity | |
| Sports | 2014 | $96.2M | Venture Round | |
| Mobility | 2019 | $71.9M | Convertible Note | |
| Mobility | 2018 | CN¥16.7B | Series C | |
| Energy | 2018 | $23M | Series B | |
| Mobility | 2010 | $40.6M | Series C | |
| Mobility | 2017 | $156.8M | Debt Financing | |
| Mobility | 2022 | $9.6B | Debt Financing | |
| Mobility | 2018 | $39M | Series B | |
| Mobility | 2020 | CN¥50M | Series B | |
| Energy | 2017 | $90.9M | Series C | |
| Mobility | 2009 | $473.4M | Series E | |
| Mobility | 2015 | $13M | Debt Financing | |
| Mobility | 2019 | £12M | Series A | |
| Mobility | 2019 | $231M | Series B | |
| Mobility | 2016 | $30M | Private Equity | |
| Mobility | 1916 | — | — | |
| Hardware | 2016 | $10.6M | Series A | |
| Mobility | 2022 | $13.6M | Series A | |
| AI | 2016 | $11.8M | Series A | |
| Mobility | 2009 | $52.7M | Grant | |
| Manufacturing | 2017 | $3.8B | Series D | |
| Mobility | 2017 | $143.4M | Corporate Round | |
| Mobility | 2020 | $61.2M | Series B | |
| Mobility | 2012 | $35.4M | Grant | |
| AI | 2015 | $145M | Venture Round | |
| Mobility | 2006 | $442.6M | Undisclosed | |
| Mobility | 2022 | $110M | Series B | |
| Mobility | 2022 | $5M | Seed | |
| Mobility | 2017 | $29M | Series A | |
| Mobility | 2018 | ¥1.8B | Series A | |
| Mobility | 2019 | CN¥301.7M | Series B | |
| Mobility | 2019 | $26.9M | Series B | |
| Mobility | 2020 | $18.7M | Series B | |
| Mobility | 2016 | $65.4M | Series A | |
| Mobility | 2009 | $875.8M | Series D | |
| Mobility | 2019 | CN¥5B | Series A | |
| Mobility | 1915 | $1.5B | Debt Financing | |
| Mobility | 2020 | $44.4M | Series B | |
| Mobility | 2020 | $56.8M | Series B | |
| Mobility | 2018 | $69.8M | Series B | |
| Environment | 2016 | $48.9M | Grant | |
| Mobility | 2014 | CN¥26.4B | Venture Round | |
| Mobility | 2017 | CN¥18.3B | Series A | |
| Mobility | 2010 | CN¥350M | Corporate Round | |
| Mobility | 2019 | $2.6M | Seed | |
| Mobility | 2017 | $39M | Series A | |
| Mobility | 2010 | $1.4M | Grant | |
| Enterprise | 2018 | $415M | Debt Financing | |
| Mobility | 2015 | $5.3B | Series D | |
| Mobility | 2020 | $130M | Series B | |
| Mobility | 2017 | $109.5M | Venture Round | |
| Mobility | 2020 | $4M | Seed | |
| Sports | 2017 | $4.4M | Venture Round | |
| Mobility | 2020 | $26M | Pre-Seed | |
| Mobility | 2017 | $41.2M | Series B | |
| Mobility | 2020 | $17.7M | Venture Round | |
| Marketing | 2022 | €2.1M | Debt Financing | |
| Media | 2019 | £165M | Debt Financing | |
| Mobility | 2017 | €1.3B | Debt Financing | |
| Logistics | 2017 | $135.6M | Venture Round | |
| Mobility | 2019 | $10.9M | Debt Financing | |
| Mobility | 2019 | ₹4B | Convertible Note |
