68 Best Electric Vehicle Startups to Watch in 2025

The Definitive Seedtable Ranking of Electric Vehicle Startups

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 413 start-ups with an aggregate funding of $27.5b. The average funding per company in this subset is $404.6m.

Last update to the database: Feb 18, 2025. See changelog.

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3

Funding Rounds

$80.7m

Money raised

ZeroAvia is an aerospace company developing practical zero emission aviation powertrains using hydrogen power.

12

Funding Rounds

$6.9b

Money raised

Northvolt develops sustainable lithium-ion batteries in conjunction with R&D, industrialization, and recycling to support clean energy.

1

Funding Rounds

$300.0m

Money raised

Taiwanese-based venture-backed company that develops and sells electric scooters and battery swapping infrastructure

Location:

Key people:

6

Funding Rounds

$238.9m

Money raised

HyperScience is a AI enabled company for office work company founded in 2014 by Peter Brodsky, Krasimir Marinov and Vladimir Tzankov.

5

Funding Rounds

$56.0m

Money raised

Elroy Air is an American startup company intending to replace land delivery trucks on inefficient routes with unmanned cargo aircraft.

Location:

Key people:

3

Funding Rounds

$27.8m

Money raised

Coreshell Technologies is engineering liquid-deposited nanolayer coatings for Lithium Ion Batteries.

17

Funding Rounds

$1.5b

Money raised

Proterra is an American automotive and energy storage company based in Burlingame, California.

Key people:

7

Funding Rounds

$3.2m

Money raised

Faraday Bicycles is a San Francisco-based company founded in 2012 by Adam Vollmer.

4

Funding Rounds

$217.5m

Money raised

Pure Watercraft is a company that produces electric boats and motors. It was founded in 2011 by Andy Rebele and Kerwin Loukusa.

2

Funding Rounds

$34.0m

Money raised

Candela is a hydrofoil electric vessels manufacturer founded in 2014 by Gustav Hasselskog.

Location:

Key people:

7

Funding Rounds

$194.6m

Money raised

Heart Aerospace is a company manufacturing the electric regional airplane, ES-19.

Location:

Key people:

2

Funding Rounds

$81.0m

Money raised

Monarch Tractor offers a fully electric tractor platform.

Key people:

4

Funding Rounds

$250.0k

Money raised

Local Motors is an American motor vehicle manufacturing company that is interested in providing low-volume vehicle manufacturing

7

Funding Rounds

$2.2b

Money raised

Nuro is a company that develops self-driving vehicles designed for local goods transportation.

2

Funding Rounds

$3.5m

Money raised

Commercial electric airliner company based in Los Angeles, USA.

6

Funding Rounds

$117.6m

Money raised

Superpedestrian is a Cambridge, Massachusetts-based technology company and manufacturer of lightweight electric vehicles designed to offer eco-friendly transportation for personal use.

$1.6m

Money raised

A company providing an ultrasonic sensor solution for three-dimensional positioning in vehicles in order to drive autonomously in close proximity and low-speed environments.

5

Funding Rounds

$2.7b

Money raised

Nikola Motor Company is a Phoenix, Arizona-based automotive company founded in 2014 by Trevor Milton.

7

Funding Rounds

$760.4m

Money raised

Ola Electric is a multimodal electric vehicle project in Nagpur founded in 2017 by Bhavish Aggarwal, Anand Shah and Ankit Jain.

Key people:

1

Funding Rounds

$550.0k

Money raised

Scoot Networks is a San Francisco-based, shared electric vehicle company that was founded in 2011 by Michael Keating, Matt Ewing and Daniel Riegel.

5

Funding Rounds

$376.4m

Money raised

Lilium is a Munich-based startup developing an on-demand, all-electric, vertical take-off and landing air taxi service.

Location:

Key people:

2

Funding Rounds

$279.3m

Money raised

ReCharge is an e-commerce payment processing app.

8

Funding Rounds

$196.9m

Money raised

Ather Energy is a Bangalore, India-based manufacturer of intelligent electric mopeds and public charging infrastructure. Ather Energy operates as a manufacturer of electric scooters.

Key people:

7

Funding Rounds

$226.5m

Money raised

StoreDot is an Isreal-based company focused on developing EV battery charging tools and technology.

Location:

Key people:

2

Funding Rounds

$5.0m

Money raised

ElectroTempo is a software firm that specializes in helping customers de-risk their major electric vehicle investments.

Key people:

5

Funding Rounds

$10.9m

Money raised

A software company using machine learning to create solutions for the manufacturing and automotive industries.

2

Funding Rounds

$1.4m

Money raised

Voltpost is a company that has developed an electric vehicle charger that can be attached to lampposts.

Key people:

Urban Connect is an app based booking platform providing access to bikes, e-bikes, e-scooters or e-cars.

2

Funding Rounds

$87.0m

Money raised

A company offering a shared electric scooter mobility platform.

4

Funding Rounds

$875.0m

Money raised

Sila Nanotechnologies is an Alameda, California-based company engineered materials company focused on improving energy storage.

6

Funding Rounds

$225.0m

Money raised

FreeWire Technologies is a San Leandro, California-based provider of battery systems for electric vehicle charging and mobile distributed power.

8

Funding Rounds

$158.8m

Money raised

Autogrid Systems is a Redwood City, California-based developer of solutions for organization of energy data, energy analytics, and real-time predictions for actionable energy data.

7

Funding Rounds

$52.9m

Money raised

EV Connect is a company founded in 2009 by Jordan Ramer.

6

Funding Rounds

$3.9m

Money raised

GBatteries is a sustainable energy company.

Location:

Key people:

1

Funding Rounds

$100.0k

Money raised

EverCharge is an electric vehicle infrastructure company, based in Emeryville, California.

2

Funding Rounds

$1.8m

Money raised

BRIGHTBLU is a charger-to-vehicle solutions provider in India offering solutions for electric vehicles to charge at almost any location.

Location:

Key people:

3

Funding Rounds

$28.8m

Money raised

Manufacturer of electric racing bikes designed to offer technology that can be used in future. The company's electric racing bikes are an alternative to gasoline counterparts with high battery backup and modern features, enabling consumers to focus on speed while racing without thinking about draining of battery life.

6

Funding Rounds

$61.7m

Money raised

Skeleton Technologies is a Tallinn-based energy storage company developing energy storage technology and solutions.

Location:

Key people:

6

Funding Rounds

$2.1b

Money raised

Octopus Energy is a company that offers retail electricity and gas supplies, and specializes in sustainable energy.

Location:

Key people:

4

Funding Rounds

$442.0m

Money raised

Arrival is a London based company developing and manufacturing zero-emission, public transportation vehicles.

Location:

Key people:

2

Funding Rounds

$250.0k

Money raised

Yates Electrospace Corporation is a company designing, manufacturing, and flying electric aircraft founded in 2012 by William Morrison Yates III.

3

Funding Rounds

$13.0m

Money raised

FlexiDAO is a blockchain company founded by Simone Accornero in 2017.

Location:

Key people:

3

Funding Rounds

$60.0m

Money raised

Boosted Boards is a company developing and building remote-controlled motorized electric longboards.

5

Funding Rounds

$33.0m

Money raised

Bestmile allows mobility service providers to deploy and manage autonomous and human-driven mobility services.

12

Funding Rounds

$200.8m

Money raised

Sono Motors is a car company manufacturing solar electric vehicles founded in 2016 by Jona Christians, Laurin Hahn and Navina Pernsteiner.

Location:

Key people:

1

Funding Rounds

$1.2m

Money raised

Bonnet is a company developing an app that acts as one subscription for all EV charging networks.

6

Funding Rounds

$104.5m

Money raised

Dandelion Energy is a home geothermal company that offers geothermal heating and cooling installations.

Location:

Key people:

10

Funding Rounds

$8.1m

Money raised

Piasecki Aircraft Corporation is dedicated to continuing the work of our founder by pursuing the advancement of aviation technologies.

1

Funding Rounds

$530.0m

Money raised

Lixiang is a company founded in 2015.

2

Funding Rounds

$790.0m

Money raised

Farasis Energy is an electronic manufacturing company focused on lithium-ion battery energy storage systems.

4

Funding Rounds

$50.8m

Money raised

Manufacturer of electric motorcycles. The company offers street, dirt and dual sport motorcycles. It also offers accessories, apparel, fairings and bodywork, parts, tires and wheels and upgrades.

7

Funding Rounds

$107.9m

Money raised

AEye is a company founded in 2013 by Luis Dussan.

7

Funding Rounds

$45.5m

Money raised

Arcimoto is a company founded in 2007 by Mark Frohnmayer.

6

Funding Rounds

$121.6m

Money raised

Enevate Corporation is a developer of energy storage technology for lithium-ion battery ecosystems.

8

Funding Rounds

$206.0m

Money raised

WiTricity is a Watertown, Massachusetts-based company founded in 2007 by Marin Soljačić, Andre Kurs and Peter H. Fisher.

3

Funding Rounds

$1.1m

Money raised

As the cost of lithium-ion batteries decreases combined with a strong top-down push to reduce emissions, transportation is going electric.

2

Funding Rounds

$3.5m

Money raised

Revel's mission is to accelerate EV adoption by providing the infrastructure and services that make it easy to go electric. To learn more, visit gorevel.com and follow @_gorevel on Twitter and @gorevel on Instagram and Threads.

Key people:

3

Funding Rounds

$92.0m

Money raised

Ehang is an AI-driven aerospace company founded by Huazhi Hu and Yifang (Derrick) Xiong in 2014.

3

Funding Rounds

$2.2b

Money raised

A company developing self-driving technology.

1

Funding Rounds

$1.5m

Money raised

Tayln produces battery electric vertical takeoff and landing aircraft systems

Location:

Key people:

3

Funding Rounds

$242.4m

Money raised

Phylion Battery is an industrial company that specializes in manufacturing and selling of power Lithium-ion batteries, research and development.

2

Funding Rounds

$5.8m

Money raised

Energy storage and mobile power generation solutions provider.

Location:

Key people:

2

Funding Rounds

$3.0m

Money raised

Genability is a San Francisco-based company founded in 2010 by Jason Riley.

Location:

Key people:

3

Funding Rounds

$1.6b

Money raised

Also known as Xpeng and XMotors, Xiaopeng Motors is a company integrating autonomous driving and internet electronic technologies.

4

Funding Rounds

$31.5m

Money raised

SparkCharge is a company founded in 2017 by Joshua Aviv, Christopher Ellis and Richard Whitney.

7

Funding Rounds

$102.4m

Money raised

Dance is an e-bike subscription service.

7

Funding Rounds

$358.0m

Money raised

Operator of an online car auction platform designed to facilitate the sale of used cars.

1

Funding Rounds

$20.0m

Money raised

Volta is a is an early-stage tech incubator. Volta was founded in 2013 and is based in Halifax, Canada.

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