Electric Vehicle Unicorns

14 Electric Vehicle Startups that are now Unicorn Companies

If you're building an electric vehicle startup, you must check these 14 companies that have joined the unicorn club.

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Being a unicorn startup is what you wish for in the later stage of the company’s growth.

It means that the startup has crossed the $1 billion mark and has become a unicorn.

Many startups will try to achieve this status but only a few make it.

Below, we listed 14 Electric Vehicle companies that have already achieved this status.

14 Electric Vehicle Startups that are now Unicorns

AIWAYS

AIWAYS

AIWAYS is a smart car manufacturer based in Shanghai, China that creates beautiful electric vehicles that can be used in any situation.

Details of the startup:

  • Valuation:

    $1.78

    B (

    April 2018

    )

  • Country:

    China

  • City:

    Shanghai

  • Started in:

    2017

  • Founders:

    Fu Qiang, Gu Feng

  • Industries:

    Artificial Intelligence, Automotive, Electric Vehicle, Manufacturing

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    CN¥5,200,000,000

  • Number of funding rounds:

    6

  • Number of investors:

    4

here

Bird

Bird

Bird is the dockless, electric, connected scooter company that provides an affordable transportation alternative to communities across the world.

Details of the startup:

  • Valuation:

    $2.40

    B (

    May 2018

    )

  • Country:

    United States

  • City:

    Santa Monica

  • Started in:

    2017

  • Founders:

    Travis VanderZanden

  • Industries:

    Electric Vehicle, Mobile, Mobile Apps, Ride Sharing, Transportation

  • Number of employees:

    500-1,000

  • Funding Amount:

    $623,000,000

  • Number of funding rounds:

    9

  • Number of investors:

    32

here

Bordrin Motors

Bordrin Motors

Bordrin's comprehensive range of smart multi-solutions bring e-mobility to life. They enable safe, comfortable, and affordable travel in a setting where new possibilities for sharing are created.

Details of the startup:

  • Valuation:

    $1.48

    B (

    June 2019

    )

  • Country:

    China

  • City:

    Nanjing

  • Started in:

    2016

  • Founders:

    Ximing Huang

  • Industries:

    Automotive, Electric Vehicle, Travel

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    CN¥2,500,000,000

  • Number of funding rounds:

    1

  • Number of investors:

    4

here

BYTON

BYTON

BYTON is a global company that designs, develops, and markets smart connected electric vehicles.

Details of the startup:

  • Valuation:

    $2.50

    B (

    April 2018

    )

  • Country:

    China

  • City:

    Nanjing

  • Started in:

    2016

  • Founders:

    Carsten Breitfeld, Daniel Kirchert

  • Industries:

    Automotive, Autonomous Vehicles, Electric Vehicle

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,200,000,000

  • Number of funding rounds:

    5

  • Number of investors:

    9

here

Faraday Future

Faraday Future

Faraday Future is designing, developing, and delivering a connected, intelligent, and highly-automated mobility ecosystem experience from vehicle to infrastructure.

Details of the startup:

  • Valuation:

    $3.40

    B (

    January 2021

    )

  • Country:

    United States

  • City:

    Gardena

  • Started in:

    2014

  • Founders:

    Tony Nie

  • Industries:

    Automotive, Electric Vehicle, Electronic Design Automation (EDA), Information Technology

  • Number of employees:

    500-1,000

  • Funding Amount:

    $2,383,750,000

  • Number of funding rounds:

    6

  • Number of investors:

    4

here

Leapmotor

Leapmotor

Leapmotor is poised to become a leading brand in China’s burgeoning electric vehicle market.

Details of the startup:

  • Valuation:

    $1.01

    B (

    November 2018

    )

  • Country:

    China

  • City:

    Hangzhou

  • Started in:

    2015

  • Founders:

    Fu Liquan, Zhu Jiangming

  • Industries:

    Automotive, Electric Vehicle, Energy, Manufacturing

  • Number of employees:

    500-1,000

  • Funding Amount:

    $1,067,748,548

  • Number of funding rounds:

    4

  • Number of investors:

    12

here

Ola Electric

Ola Electric

Ola is a mobility platform and a ride-hailing company providing intercity transport for customers.

Details of the startup:

  • Valuation:

    $1.00

    B (

    July 2019

    )

  • Country:

    India

  • City:

    Bengaluru

  • Started in:

    2017

  • Founders:

    Anand Shah, Ankit Jain

  • Industries:

    Automotive, Electric Vehicle, Manufacturing, Marketing, Sales

  • Number of employees:

    250-500

  • Funding Amount:

    $307,338,821

  • Number of funding rounds:

    5

  • Number of investors:

    7

here

Qingju

Qingju

Providing bike-sharing platforms and services to bike-sharing providers, Qingju is the future of modern transportation and a smart way to reach customers.

Details of the startup:

  • Valuation:

    No Data

    B (

    -

    )

  • Country:

    China

  • City:

    Chengdu

  • Started in:

    2018

  • Founders:

    No Data

  • Industries:

    Electric Vehicle, Product Design, Ride Sharing, Transportation

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $2,000,000,000

  • Number of funding rounds:

    3

  • Number of investors:

    3

here

Rivian

Rivian

Rivian designs, develops and sells high-performance, electric driving vehicles to advance the Shift.

Details of the startup:

  • Valuation:

    $27.60

    B (

    September 2019

    )

  • Country:

    United States

  • City:

    Plymouth

  • Started in:

    2009

  • Founders:

    Robert J. Scaringe

  • Industries:

    Automotive, Electric Vehicle, Manufacturing, Transportation

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $8,201,250,000

  • Number of funding rounds:

    9

  • Number of investors:

    14

here

Singulato Motors

Singulato Motors

Singulato Motors is the world’s first electric car startup to cover smart cars, new energy vehicles, vehicle networking services and solutions, based on the next development stage of smart.

Details of the startup:

  • Valuation:

    $3.50

    B (

    October 2019

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2014

  • Founders:

    Shen Haiyin

  • Industries:

    Automotive, Electric Vehicle, Industrial Automation

  • Number of employees:

    250-500

  • Funding Amount:

    $1,082,404,495

  • Number of funding rounds:

    4

  • Number of investors:

    6

here

Svolt Energy Technology Co.

Svolt Energy Technology Co.

SVOLT (Silicon Valley Organization of Lithium Technologies) is a Silicon Valley-based lithium battery technology company that offers electric vehicle (EV) materials, cells, modules, packs, systems and BMS to drive the EV revolution.

Details of the startup:

  • Valuation:

    $1.27

    B (

    February 2021

    )

  • Country:

    China

  • City:

    Baoding

  • Started in:

    2016

  • Founders:

    No Data

  • Industries:

    Battery, Electric Vehicle, Energy, Energy Storage, Manufacturing

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    CN¥4,500,000,000

  • Number of funding rounds:

    2

  • Number of investors:

    8

here

Teld New Energy

Teld New Energy

Teld New Energy is a dedicated team of industry-leading experts who are passionate about finding and implementing the technology that powers electric vehicles.

Details of the startup:

  • Valuation:

    $1.12

    B (

    December 2019

    )

  • Country:

    China

  • City:

    Qingdao Shi

  • Started in:

    2014

  • Founders:

    Yongguang Guo

  • Industries:

    Automotive, Electric Vehicle, Energy, Transportation

  • Number of employees:

    250-500

  • Funding Amount:

    CN¥2,753,000,000

  • Number of funding rounds:

    4

  • Number of investors:

    8

here

WM Motor

WM Motor

WM Motor is an all-electric company that designs, builds, and markets super safe zero emissions vehicles.

Details of the startup:

  • Valuation:

    $5.00

    B (

    March 2019

    )

  • Country:

    China

  • City:

    Shanghai

  • Started in:

    2015

  • Founders:

    Bin Lu, Hui Shen, Ligang Du

  • Industries:

    Automotive, Autonomous Vehicles, Electric Vehicle, Manufacturing

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $4,859,399,622

  • Number of funding rounds:

    6

  • Number of investors:

    24

here

Youxia Motors

Youxia Motors

Youxia Motors is a niche EV manufacturer that provides high quality production and a wide range of services.

Details of the startup:

  • Valuation:

    $3.35

    B (

    April 2018

    )

  • Country:

    China

  • City:

    Minhang

  • Started in:

    2014

  • Founders:

    Will Lee

  • Industries:

    Automotive, Electric Vehicle, Industrial Design, Manufacturing

  • Number of employees:

    100-250

  • Funding Amount:

    $1,334,520,263

  • Number of funding rounds:

    4

  • Number of investors:

    5

here
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