69 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 426 start-ups with an aggregate funding of $38.0b. The average funding per company in this subset is $550.4m.

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

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Waymo logo

Waymo

Waymo is a technology company developing autonomous car technology and is a subsidiary of Alphabet Inc.

3

Funding Rounds

$5.5b

Money raised

Volocopter logo

Volocopter

An aerospace company that designs electric air taxis. It was founded in 2011 and is located in Bruchsal, Germany.

7

Funding Rounds

$543.5m

Money raised

ZeroAvia, Inc. logo

ZeroAvia, Inc.

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

3

Funding Rounds

$80.7m

Money raised

Zoox logo

Zoox

Zoox is a robotics company developing autonomous vehicle fleet using the technology of robotics and machine learning.

5

Funding Rounds

$1.0b

Money raised

Northvolt logo

Northvolt

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

12

Funding Rounds

$6.9b

Money raised

Gogoro logo

Gogoro

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

1

Funding Rounds

$300.0m

Money raised

HyperScience logo

HyperScience

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

6

Funding Rounds

$238.9m

Money raised

Elroy Air logo

Elroy Air

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

5

Funding Rounds

$56.0m

Money raised

Coreshell Technologies logo

Coreshell Technologies

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

3

Funding Rounds

$27.8m

Money raised

Proterra, Inc. logo

Proterra, Inc.

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

17

Funding Rounds

$1.5b

Money raised

Lucid Motors logo

Lucid Motors

An electric vehicle technology company making luxury electric vehicles.

4

Funding Rounds

$1.1b

Money raised

Faraday Bicycles logo

Faraday Bicycles

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

7

Funding Rounds

$3.2m

Money raised

Drive.ai logo

Drive.ai

A startup company that creates deep learning-first, AI software for self-driving vehicles.

6

Funding Rounds

$77.0m

Money raised

Fisker Automotive logo

Fisker Automotive

American electric vehicle automaker founded by henrik fisker

1

Funding Rounds

$50.0m

Money raised

Pure Watercraft logo

Pure Watercraft

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

4

Funding Rounds

$217.5m

Money raised

Candela logo

Candela

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

2

Funding Rounds

$34.0m

Money raised

Heart Aerospace logo

Heart Aerospace

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

7

Funding Rounds

$194.6m

Money raised

Monarch Tractor logo

Monarch Tractor

Monarch Tractor offers a fully electric tractor platform.

2

Funding Rounds

$81.0m

Money raised

MX Global logo

MX Global

Malaysia’s most trusted, secure and reliableCryptocurrency Exchange.

1

Funding Rounds

Local Motors logo

Local Motors

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

4

Funding Rounds

$250.0k

Money raised

Nuro (robotics) logo

Nuro (robotics)

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

7

Funding Rounds

$2.2b

Money raised

Wright Electric logo

Wright Electric

Commercial electric airliner company based in Los Angeles, USA.

2

Funding Rounds

$3.5m

Money raised

Superpedestrian logo

Superpedestrian

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

6

Funding Rounds

$117.6m

Money raised

Toposens logo

Toposens

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.

$1.6m

Money raised

Nikola Motor Company logo

Nikola Motor Company

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

5

Funding Rounds

$2.7b

Money raised

Ola Electric logo

Ola Electric

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

7

Funding Rounds

$760.4m

Money raised

Scoot Networks logo

Scoot Networks

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

1

Funding Rounds

$550.0k

Money raised

Oxbotica logo

Oxbotica

Developer of an AI-based platform intended to bring autonomy to any industry.

8

Funding Rounds

$240.4m

Money raised

Lilium (company) logo

Lilium (company)

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

5

Funding Rounds

$376.4m

Money raised

ReCharge Payment logo

ReCharge Payment

ReCharge is an e-commerce payment processing app.

2

Funding Rounds

$279.3m

Money raised

Ather Energy logo

Ather Energy

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.

8

Funding Rounds

$196.9m

Money raised

StoreDot logo

StoreDot

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

7

Funding Rounds

$226.5m

Money raised

ElectroTempo logo

ElectroTempo

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

2

Funding Rounds

$5.0m

Money raised

Acerta logo

Acerta

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

5

Funding Rounds

$10.9m

Money raised

Byton (company) logo

Byton (company)

Byton is a company manufacturing an electric SUV founded in 2017 by Daniel Kirchert.

6

Funding Rounds

$1.3b

Money raised

Voltpost logo

Voltpost

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

2

Funding Rounds

$1.4m

Money raised

Urban Connect logo

Urban Connect

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

Wheels Labs logo

Wheels Labs

A company offering a shared electric scooter mobility platform.

2

Funding Rounds

$87.0m

Money raised

Sila Nanotechnologies logo

Sila Nanotechnologies

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

4

Funding Rounds

$875.0m

Money raised

FreeWire Technologies logo

FreeWire Technologies

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

6

Funding Rounds

$225.0m

Money raised

Autogrid Systems logo

Autogrid Systems

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.

8

Funding Rounds

$158.8m

Money raised

Terrafugia logo

Terrafugia

Terrafugia, Inc. a company leading innovation in aviation and transportation.

6

Funding Rounds

$7.1m

Money raised

EV Connect logo

EV Connect

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

7

Funding Rounds

$52.9m

Money raised

Gbatteries logo

Gbatteries

GBatteries is a sustainable energy company.

6

Funding Rounds

$3.9m

Money raised

EverCharge logo

EverCharge

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

1

Funding Rounds

$100.0k

Money raised

Brightblu logo

Brightblu

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

2

Funding Rounds

$1.8m

Money raised

Karma Automotive logo

Karma Automotive

Automaker owned by wanxiang group, and based in costa mesa, california

1

Funding Rounds

$100.0m

Money raised

Alta Motors logo

Alta Motors

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.

3

Funding Rounds

$28.8m

Money raised

Skeleton Technologies logo

Skeleton Technologies

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

6

Funding Rounds

$61.7m

Money raised

Octopus Energy logo

Octopus Energy

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

6

Funding Rounds

$2.1b

Money raised

Yates Electrospace Corporation logo

Yates Electrospace Corporation

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

2

Funding Rounds

$250.0k

Money raised

Arrival logo

Arrival

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

4

Funding Rounds

$442.0m

Money raised

Rimac Automobili logo

Rimac Automobili

Rimac Automobili is an electric supercar company founded in 2009 by Mate Rimac.

7

Funding Rounds

$709.6m

Money raised

FlexiDAO logo

FlexiDAO

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

3

Funding Rounds

$13.0m

Money raised

Boosted Boards logo

Boosted Boards

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

3

Funding Rounds

$60.0m

Money raised

Faraday Future logo

Faraday Future

Faraday Future is a car manufacturer founded in 2014 by Nick Sampson.

7

Funding Rounds

$4.4b

Money raised

Bestmile logo

Bestmile

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

5

Funding Rounds

$33.0m

Money raised

Sono Motors logo

Sono Motors

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

12

Funding Rounds

$200.8m

Money raised

Bonnet logo

Bonnet

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

1

Funding Rounds

$1.2m

Money raised

Dandelion Energy logo

Dandelion Energy

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

6

Funding Rounds

$104.5m

Money raised

Piasecki Aircraft logo

Piasecki Aircraft

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

10

Funding Rounds

$8.1m

Money raised

Lixiang logo

Lixiang

Lixiang is a company founded in 2015.

1

Funding Rounds

$530.0m

Money raised

Farasis Energy logo

Farasis Energy

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

2

Funding Rounds

$790.0m

Money raised

Zero Motorcycles logo

Zero Motorcycles

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.

4

Funding Rounds

$50.8m

Money raised

AEye logo

AEye

AEye is a company founded in 2013 by Luis Dussan.

7

Funding Rounds

$107.9m

Money raised

Arcimoto logo

Arcimoto

Arcimoto is a company founded in 2007 by Mark Frohnmayer.

7

Funding Rounds

$45.5m

Money raised

Enevate Corporation logo

Enevate Corporation

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

6

Funding Rounds

$121.6m

Money raised

WiTricity logo

WiTricity

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

8

Funding Rounds

$206.0m

Money raised

Unlimited logo

Unlimited

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

3

Funding Rounds

$1.1m

Money raised