Curious about who will disrupt the industry this 2024? Check out our list of the 20 EV startups you need to keep your eye on.
| STARTUP | FOCUS | |
| Bollinger Motors | Pickup Trucks | A platform for medium-duty Class 3-6 electric vehicles is presently being developed by Bollinger with the intention of catering to fleets, municipalities, and other commercial users. |
| Canoo | Multi-Purpose Vehicles | Within the competitive EV landscape, Canoo has drawn attention and investment due to its distinctive car designs and modular platform approach. |
| Nxu | Pickup Trucks | Centered on creating electric vehicle technologies for both large and light duty work trucks utilized in the construction, utilities, and agricultural sectors. |
| Fisker | SUVs | Fisker, with an emphasis on design, innovation, and sustainability, is in a strong position to compete in the expanding electric vehicle market. |
| Rivian | Pickup Trucks, SUVs | Rivian has agreements with Amazon and Ford, demonstrating its potential for future collaborations, and expects to release new models in the upcoming years, including a smaller electric SUV and a delivery van. |
| Arrival | Commercial Vans | Arrival is the owner of vital intellectual property in fields like effective production techniques and lightweight design. |
| Vinfast | SUVs | VinFast, a Vietnamese startup, intends to join the US market in 2024 and the European market in 2025, with an aggressive expansion strategy. |
| Revel | Electric Rideshare | They have made significant contributions to the adoption of electric vehicles and micromobility. The company’s decision to refocus draws attention to how urban transportation is changing and how important sustainable solutions are becoming. |
| Arcimoto | Electric Motorcycles | Arcimoto is well-positioned in the expanding EV market thanks to its creative strategy and emphasis on cost and sustainability. |
| Mullen Automotive | SUVs | With features like AI-powered infotainment systems and autonomous driving capabilities, Mullen highlights technical developments. |
| Zoox | Autonomous Vehicles | Because Zoox cars are totally autonomous by design, they can operate without human assistance. |
| Aurora | Autonomous Driving Software | Although they don’t produce their own EVs directly, they collaborate with automakers like Hyundai and Chrysler to incorporate their self-driving technology into both current and upcoming EV models. |
| ChargePoint | Charging Infrastructure | In recent years, ChargePoint’s installed base of charging stations and income have grown significantly. In order to increase its reach and quicken the adoption of electric vehicles, they forged important alliances with utilities, automakers, and other businesses. |
| EVgo | Charging Infrastructure | By only plugging in compatible EVs, this handy service provides automatic charging, doing away with the need to touch cards or access the app. |
| Ample | Battery Swapping | Compared to typical charging, swapping out a battery takes a lot less time, which might save fleet cars’ downtime and increase user convenience. |
| Wallbox | Home Charging Solutions | Wallbox offers a variety of home charging solutions for electric vehicles |
| SES | Battery Recycling | SES AI is a company that is developing next-generation lithium-metal batteries. The company was founded in 2012 by Dr. Qichao Hu, and it is headquartered in Woburn, Massachusetts. SES AI has raised over $300 million in funding from investors such as Temasek, General Motors, and Hyundai Motor Group. SES AI’s batteries are designed to be lighter, have a longer range, and be more affordable than traditional lithium-ion batteries. |
| Ionblox | Solid-State Batteries | Renowned for developing a novel pre-lithiated silicon oxide anode material that, when compared to conventional graphite anodes, shows promise for increasing energy density, accelerating charging, and extending battery life in lithium-ion batteries. |
| Social Self Driving | Customizable Driving Styles | Italian Startup that makes self-driving cars safer, more desirable and exciting. |
| Proterra | Electric Buses & Charging | Applications for Proterra’s battery systems include trucks, buses, and other commercial vehicles. Applications for stationary energy storage also make advantage of them. |
