Top 22 Companies Revolutionizing the Electric Vehicle Industry

4
min read
Top 22 Electric Vehicle Companies Main

Top 22 Companies Revolutionizing the Electric Vehicle Industry

4
min read
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Top 22 Electric Vehicle Companies Main
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The electric vehicle industry is a vibrant, emerging sector focused on the production and sales of automobiles powered by electricity, rather than traditional fossil fuels. The industry is diverse, composed of automotive giants such as Hyundai and Tesla, as well as innovators like Tata Motors who are constantly pushing the boundaries of electric vehicle technology. Companies typically offer a range of electric cars and related sustainable solutions, like solar energy products. Amid growing concerns for the environment and accelerating advancements in technology, the industry is projected to evolve exponentially, impacting transportation norms worldwide.


Top 22 Electric Vehicle Companies

1. Hyundai Motor India Ltd.

  • Website: hyundai.com
  • Headquarters: Gurugram, Haryana, India
  • Founded: 1996
  • Headcount: 5001-10000
  • LinkedIn

Hyundai is a global automotive company that offers advanced future mobility solutions and electric vehicles. They provide integrated EV ownership options and reliable servicing facilities for their customers.


2. Tesla

  • Website: tesla.com
  • Headquarters: Austin, Texas, United States
  • Founded: 2003
  • Headcount: 10001+
  • Latest funding type: Post Ipo Equity
  • LinkedIn

Tesla is a company that offers electric cars, solar energy solutions, and accessories. They provide clean energy solutions through their solar roof and solar panels. Customers can also lease or buy their electric car models like Model S, Model X, Model 3, and Model Y.


3. Tata Motors

  • Website: tatamotors.com
  • Headquarters: Pune, Maharashtra, India
  • Founded: 1945
  • Headcount: 10001+
  • Latest funding type: Post Ipo Equity
  • LinkedIn

Tata Motors is an electric car company revolutionizing the automotive industry with their innovative Ziptron technology. Their range of electric cars, including the Nexon EV, Tigor EV, and Tiago EV, offer superior performance, drive comfort, and zero emissions. With a focus on cleaner technologies and quieter drives, Tata Motors is leading the electric revolution in India.


4. Nio

  • Website: nio.com
  • Headquarters: Jiading, Shanghai, China
  • Founded: 2014
  • Headcount: 5001-10000
  • Latest funding type: Ipo
  • LinkedIn

NIO is a smart electric vehicle company that offers a range of sustainable and innovative models. They provide a holistic power service with chargeable, swappable, and upgradable batteries. NIO aims to create a brighter and more sustainable future.


5. Clarios

  • Website: clarios.com
  • Headquarters: Milwaukee, Wisconsin, United States
  • Founded: 2019
  • Headcount: 10001+
  • LinkedIn

Clarios is a global leader in advanced energy storage solutions, specializing in creating battery technologies for electric and hybrid vehicles. They power one in three cars worldwide and are committed to creating wins for their customers every day. With expertise in AGM flooded and lithium-ion batteries, Clarios is dedicated to powering today's vehicles and leading the way into tomorrow's sustainable transportation. They prioritize global responsibility and have a foundation focused on environmental protection and children's wellbeing.


6. Canoo

  • Website: canoo.com
  • Headquarters: Justin, Texas, United States
  • Founded: 2017
  • Headcount: 201-500
  • Latest funding type: Post Ipo Equity
  • LinkedIn

Canoo is a technology-driven company that specializes in electric vehicles. Their innovative approach empowers users to take control of their vehicles. They offer a range of electric cars, fleet solutions, and pickup trucks, all designed to promote clean energy.


7. Mahindra Electric Mobility Limited

Mahindra Electric Mobility Limited is a leading electric vehicle manufacturer in India. They offer a range of electric passenger and cargo vans, three-wheelers, and sedans. Their vehicles are known for their eco-conscious features and low maintenance. Mahindra Electric provides comprehensive electrification solutions and services, helping businesses create their own EV portfolio. They also offer last mile logistical services and aim to revolutionize public transportation with their electric rickshaws. With a commitment to sustainability and innovation, Mahindra Electric is driving the future of mobility in India.


8. Pinnacle Industries Limited

Pinnacle Industries is a company that specializes in the manufacturing and development of electric vehicle components. They offer a range of advanced products and solutions for the EV industry, including seating systems and charging infrastructure. With a focus on innovation and quality, Pinnacle Industries aims to contribute to the growth of the electric mobility sector.


9. VinFast Europe

VinFast is an automotive company that offers technologically advanced electric vehicles (EVs) with a focus on providing a premium driving experience. Their EVs combine human-centered technology with elegant design, optimal performance, and functionality. VinFast also provides outstanding services, including a network of service centers, mobile service vans, and over-the-air services, to support their customers. With a sustainable and safety-focused approach, VinFast is committed to driving the world's EV transition.


10. WMG Technologies

  • Website: wmgtec.com
  • Headquarters: Windsor, Ontario, Canada
  • Founded: 1972
  • Headcount: 1001-5000
  • Latest funding type: Acquired
  • LinkedIn

WMG is a manufacturing company specializing in electric vehicles. They offer a unique approach to building and manufacturing EVs using a modular micro factory approach, which enables speed to market and cost-effective production. They combine scale manufacturing with deep international knowledge of the EV industry and a digital-first approach to business.


11. Ultium Cells LLC

  • Website: ultiumcell.com
  • Headquarters: Warren, Ohio, United States
  • Founded: 2020
  • Headcount: 1001-5000
  • Latest funding type: Debt Financing
  • LinkedIn

Ultium Cells LLC is a company focused on the future of the transportation industry. They design and manufacture battery cells that are powering the future of transportation. Committed to using advanced technology, Ultium Cells aims to produce high-quality battery cells for zero-emission vehicles. They offer a range of job opportunities and have locations in Warren, Ohio, Spring Hill, Tennessee, and Lansing, Michigan.


12. Wardwizard Innovations & Mobility Ltd

Wardwizard Innovations & Mobility Limited is a company specializing in sustainable smart mobility solutions. They design, manufacture, and sell affordable electric vehicles that are game-changers in the industry. With a commitment to sustainability, Wardwizard is dedicated to creating a greener future. They offer a range of high-speed e-bikes and e-scooters, and are planning to expand their product line. Wardwizard aims to revolutionize the electric vehicle market in India and become a preferred manufacturing destination.


13. JBM Group

  • Website: jbmgroup.com
  • Headquarters: Gurgaon, Haryana, India
  • Founded: 1983
  • Headcount: 10001+
  • Latest funding type: Ipo
  • LinkedIn

JBM Group is a global conglomerate with operations in more than 25 locations across 10 countries. They are one of the leading manufacturers of key auto systems, electric vehicles, and buses, with a focus on enhancing technology, enabling innovation, and empowering people.


14. Mitsubishi Motors Corporation

Mitsubishi Motors Corporation is a global automotive company that offers a wide range of vehicles and services. With a focus on quality and innovation, they provide customers with reliable and efficient cars, SUVs, and electric vehicles. The company is committed to delivering superior performance and driving experiences to meet the diverse needs of consumers worldwide.


15. STANLEY Engineered Fastening

STANLEY Engineered Fastening offers automation systems, electrification solutions, and smart factory solutions for manufacturing industries. They specialize in accelerating factory automation, driving innovation in electric vehicles and energy storage, and enabling Industry 4.0 methodologies.


16. Geely

  • Website: zgh.com
  • Headquarters: Hangzhou, Zhejiang, China
  • Founded: 1986
  • Headcount: 10001+
  • LinkedIn

ZGH.com is a global automotive company that operates in various sectors of the industry. The company offers a wide range of products and services, including automobiles, mobility solutions, and technology innovation. With a focus on sustainability and social responsibility, ZGH.com aims to revolutionize the automotive industry and provide value to its customers worldwide.


17. Morris Garages India

MG Motor India is a leading automotive company that offers a range of SUV cars and electric vehicles. With a legacy of nine decades, MG Motor prides itself in innovation and delivering high-quality vehicles with advanced technology.


18. Seres

  • Website: seres.cn
  • Headquarters: 两江, China
  • Founded: 2012
  • Headcount: 1001-5000
  • LinkedIn

Seres.cn is a company that offers various products such as AITO M5 EV and AITO M7. They are known for their expertise in the automotive industry and provide innovative solutions to their customers.


19. Svolt Energy Technology Co., Ltd.

  • Website: svolt.cn
  • Headquarters: 常州, 江苏省, China
  • Founded: 2018
  • Headcount: 5001-10000
  • Latest funding type: Series B
  • LinkedIn

SVOLT is a company dedicated to low-speed electric vehicles, intelligent microgrid power supply systems, and solutions. They offer a range of services and products including batteries suitable for pure electric vehicles and fuel-cell vehicles.


20. Lightyear

  • Website: lightyear.one
  • Headquarters: Helmond, Noord-Brabant, Netherlands
  • Founded: 2016
  • Headcount: 201-500
  • Latest funding type: Series Unknown
  • LinkedIn

Lightyear is a company that is focused on creating positive change for the planet and people. They design clean solar electric cars that can drive off-grid and provide independence and convenience for all of life's adventures.


21. Tritium

Tritium is a technology company that designs and manufactures the world's most advanced DC fast-charging equipment for electric vehicles (EV). Established in 2001, Tritium became one of Australia's fastest-growing companies with the launch of its first DC fast charger in 2014. Tritium currently holds a significant market share in Norway and globally for 50kW fast chargers.


22. Yasa

  • Website: yasa.com
  • Headquarters: Kidlington, Oxfordshire, United Kingdom
  • Founded: 2009
  • Headcount: 201-500
  • Latest funding type: Acquired
  • LinkedIn

YASA is a company focused on re-engineering the future of electric mobility solutions. They attract world-class talent and strive to drive the electrification industry further and faster. With their unique axial flux motors, they aim to optimize vehicle range, performance, and cost. YASA's technology and market opportunity make them a leading player in the electric mobility sector.


Want to find more electric vehicle companies?


If you want to find more companies that offer electric vehicles, sustainable energy products, and innovative automotive technologies you can do so with Inven. This list was built with Inven and there are hundreds of companies like these globally.


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  • Ownership: Which of these are private equity backed? Which are family-owned?
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  • Financials: How do these companies perform financially? What are their revenues and profit margins?

...and a lot more!

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