Cars Simplified: Everything Automotive Explained

Electric Car Start-Up Companies

This is an alphabetical list of electric car start-ups. Due to the nature of this topic, it will never be a complete list, and if a business moves to another stock exchange/gets delisted, goes bankrupt, merges with another company, or relocates, it may be a while before our manually-adjusted database gets updated. The basic business name will link to our own page about the company when one is available.

What Counts as an Electric Vehicle Start-Up?

We are including any company formed after 1985 that has started with or shifted to a focus on electric powered vehicles. This does include hybrid power, as long as that is a considerable portion of the vehicle line-up. While a brand like Nissan or Ford making an electric car will not count, a newly formed division that can easily be spun off, sold, or shut down, that was founded by an established company will be included.

Active/
Defunct
Stock SymbolName (Full Name)AddressFounded
(IPO)
Last
Update
A ACE EV Group (ACE Electric Vehicle Group Pty Ltd)Maryborough, Queensland, AU
A Aeolus (Dongfeng Fengshen)Wuhan, Hubei, CN
A Afeela (Sony Honda Mobility Inc.)Akasaka, Minato, Tokyo, JP
A AIO (AIO Motors Inc)Los Angeles, California, US
A AITO (AITO)CN
A Alpha (Alpha Motor Corporation)Irvine, California, US
A Apex (Apex Motors)London, GB
A Aptera (Aptera Motors Corp.)Carlsbad, California, US
D Aptera (Aptera Motors Inc.)California, US
AOTCMKTS: FUVV Arcimoto (Arcimoto, Inc.)Eugene, Oregon, US
DNASDAQ: ARVL Arrival (Arrival Limited)Howald, LU
A Aspark (Aspark Co., Ltd.)Kita-ku, Osaka-shi, Osaka, JP
D Aurica Motors (Aurica Motors, LLC)Rocklin, California, US
A Automobili Pininfarina (Automobili Pininfarina GmbH)Munich, DE
A B-ON (B-ON GmbH)Gasperich, LU
A Bollinger (Bollinger Motors)Oak Park, Michigan, US
D Boulder (Boulder Electric Vehicle)Lafayette, Colorado, US
D Bright (Bright Automotive)Anderson, Indiana, US
A BYD (BYD Auto Co., Ltd.)Shenzhen, Guangdong, CN
D Byton (Byton)Nanjing, CN
DNASDAQ: GOEV Canoo (Canoo Inc.)Torrance, California, US
A City Transformer (City Transformer)Tel Aviv, IL
D Coda (Coda Automotive Inc.)Los Angeles, California, US
D Commuter Cars (Commuter Cars)Spokane, Washington, US
D Corbin (Corbin Motors)Ohio, US
A CT&T (CT&T United)Seoul, KR
D CT&T America (CT&T America, Inc.)California, US
A DeLorean (DeLorean Motors Reimagined)San Antonio, Texas, US
A Denza (Shenzhen Denza New Energy Co., Ltd.)Shenzhen, Guangdong, CN
A DNG Motors (DNG Motors)US
D DOK-ING Automotiv (DOK-ING d.o.o.)Zagreb, HR
A Drako (Drako Motors, Inc.)San Jose, California, US
A Edison Motors (Edison Motors)Merritt, British Columbia, CA
A EdisonFuture (EdisonFuture)Anaheim, California, US
A Einride (Einride AB)Stockholm, Stockholm, SE
A Elation (Elation Hypercars, Inc.)San Jose, California, US
ANASDAQ: SOLO ElectraMeccanica (Electrameccanica Vehicles Corp)Mesa, Arizona, US
D ElectricBrands (ElectricBrands AG)Eppertshausen, Hessen, DE
A Electrorides (Electrorides Inc)Laguna Niguel, California, US
A Elemental (Elemental Motor Company)Hampshire, United Kingdom, GB
AOTC: ELIO Elio (Elio Motors Inc)Phoenix, Arizona, US
DOTC: ELMSQ ELMS (Electric Last Mile Solutions, Inc.)Troy, Michigan, US
D EuAuto (EuAuto Technology Limited)Hong Kong, CN
A EV Electra (EV Electra)Khaldeh, LB
ANASDAQ: FFIE Faraday Future (Faraday Future Inc.)Gardena, California, US
D Fisker (Fisker Automotive)Anaheim, California, US
DNYSE: FSR Fisker (Fisker Inc.)Manhattan Beach, California, US
A FOMM (FOMM Corporation)Yokohama, Kanagawa, JP
A Fukang (Fukang)Wuhan, Hubei, CN
A GLM (GLM Co. Ltd.)Kyoto, Kyoto Prefecture, JP
A Global Electric Motorcars (Global Electric Motorcars)Anaheim, California, US
A Green Automotive (Green Automotive Company)Newport Beach, California, US
D Green Field Motor (Green Field Motor)CN
D Green Vehicles (Green Vehicles Inc.)California, US
D GreenTech Automotive (WM GreenTech Automotive Corp.)Tunica County, Mississippi, US
A Hexall Motors (Hexall Motors Pvt. Ltd.)Noida, Uttar Pradesh, IN
D HiPhi (Human Horizons Technology)Shanghai, CN
A iCar (iCar Ecological Technology Co., Ltd.)Wuhu, Anhui, CN
DNASDAQ: IDEX Ideanomics (Ideanomics, Inc.)New York City, New York, US
A IM Motors (Zhiji Automotive Technology Co., Ltd.)Shanghai, CN
D Indi (IndiEV, Inc.)Costa Mesa, California, US
D Jet Industries (Jet Industries, Inc.)Austin, Texas, US
A Jonway Automobile (Zhejiang Jonway Automobile Co., Ltd.)Taizhou, Zhejiang, CN
A Karma Automotive (Karma Automotive LLC)Irvine, California, US
A KG Motors (KG Motors Inc.)Higashihiroshima, Hiroshima, JP
A KMC (Kiira Motors Corporation)Jinja, UG
ASEHK: 9863 Leapmotor (Zhejiang Leapmotor Technology Co., Ltd.)Hangzhou, Zhejiang, CN
D Leopaard (Leopaard)Hunan, CN
D Levdeo (Levdeo Automobile Group Co., Ltd.)Weifang, Shandong, CN
ANASDAQ: LI Li Auto (Li Auto Inc.)Beijing, CN
D Liberty Electric Cars (Liberty Electric Cars Ltd.)Newton Abbot, Devon, GB
D Lightning (Lightning Car Company)Coventry, England, GB
ATSX: LEV Lion (Lion Electric Company)Saint-Jerome, Quebec, CA
DNASDAQ: RIDE Lordstown Motors (Lordstown Motors Corporation)Lordstown, Ohio, US
D Loremo (Loremo AG)Marl, Recklinghausen, DE
ANASDAQ: LCID Lucid (Lucid Group, Inc.)Newark, California, US
A Marathon Motors (Marathon Motors Engineering, Plc)Saris, Adey Abeba, ET
A Matrix (Matrix Motor Distribution LTD)Barrie, Ontario, CA
D Mazel (Mazel Group Engineering)Barcelona, ES
D Miles (Miles Electric Vehicles)Santa Monica, California, US
D Modec (Modec)GB
A Motiv (Motiv Power Systems)Foster City, California, US
ANASDAQ: MULN Mullen (Mullen Automotive Inc)Brea, California, US
A Munro Vehicles (All Terrain All Electric Vehicles Ltd.)East Kilbride, Glasgow, Scotland, GB
A Myers (Myers EV)Tallmadge, Ohio, US
DNASDAQ: NKLA Nikola (Nikola Corporation)Phoenix, Arizona, US
ANYSE: NIO Nio (Nio Inc.)Jiading District, Shanghai, CN
A Nobe (Nobe Cars USA, Inc.)Sausalito, California, US
AOTCMKTS: NRDE Nu Ride (Nu Ride Inc.)New York City, New York, US
A Obvio! (Obvio!)BR
A Olympian Motors (Olympian Motors)Brooklyn, New York, US
A Ora (Ora)CN
A Phoenix Motorcars (Phoenix Cars LLC)Anaheim, California, US
A Piëch (Piëch Automotive AG)Zug, CH
ANASDAQ: PSNY Polestar (Polestar Automotive Holding UK PLC)Bristol, England, GB
A Potential Motors (Potential Motors)Fredericton, New Brunswick, CA
DNASDAQ: PTRA Proterra (Proterra Inc.)Burlingame, California, US
A RAESR (Rice Advanced Engineering Systems and Research)Los Angeles, California, US
ANASDAQ: REE REE (REE Automotive, Ltd.)Glil Yam, IL
A Rimac (Rimac Automobili)Sveta Nedelja, HR
ANASDAQ: RIVN Rivian (Rivian Automotive, Inc.)Irvine, California, US
A Solo (Solo Automotive Inc.)Delta, British Columbia, CA
DNASDAQ: SEV Sono Motors (Sono Motors GmbH)Munich, Bavaria, DE
A Spotlight (Spotlight Automotive Ltd.)Zhangjiagang, Jiangsu, CN
D StreetScooter (StreetScooter GmbH)Aachen, North Rhine-Westphalia, DE
A Tara Green Auto (Tara International)Mumbai, Maharashtra, IN
A Telo (Telo Trucks)San Carlos, California, US
ANASDAQ: TSLA Tesla (Tesla, Inc.)Austin, Texas, US
D Think (Think Global)Bærum, Oslo, NO
A Trion (Trion Supercars)Orange County, California, US
DNASDAQGS: UNIT Uniti (Uniti Sweden AB)Lund, Scania, SE
D Venucia (Dongfeng Venucia Motor Company)Wuhan, Hubei, CN
A VIA Motors (VIA Motors, Inc.)Orem, Utah, US
ANASDAQ: VFS VinFast (VinFast Auto Ltd.)Đình Vũ - Cát Hải Economic Zone, Haiphong, VN
A Volta Trucks (Volta Trucks)London, England, GB
D Wheego (Wheego Electric Cars)Atlanta, Georgia, US
A Wikispeed (Wikispeed)Seattle, Washington, US
D Wildfire (Wildfire Motors Corporation)Steubenville, Ohio, US
ANASDAQ: WKHS Workhorse (Workhorse Group Incorporated)Sharonville, Ohio, US
ANASDAQ: XOS Xos (Xos, Inc.)Los Angeles, California, US
ANYSE: XPEV XPeng (Guangzhou Xiaopeng Motors Technology Co., Ltd.)Tianhe District, Guangzhou, Guangdong, CN
D Yema Auto (Sichuan Yema Automobile Co., Ltd.)Chengdu, Sichuan, CN
A Zacua (Zacua México)Mexico City, Mexico City, MX
D ZAP (ZAP Power Systems)Santa Rosa, California, US
D Zerosports (Zerosports)JP

By The Numbers

TypeTotalActiveDefunctFailure Rate
Global125804536%
Public29191034.5%
USA58342441.4%
California33211236.4%*
Arizona32133.3%
Japan65116.7%
Europe22101254.5%
India2200%
China2214836.4%*

Out of the 125 companies listed, 80 are active and 45 are defunct. That's about 36% of the companies out of the game! Of all of these companies, 29 have been public companies at some point, and 10 of those have become defunct. That's about 34.5% (so far) make sure you research EV stocks thoroughly before you invest!

Electric Car Technology Hubs

Economic incentives may drive technology to certain areas, particularly government subsidies. Here's some information about noteworthy hubs of electric car development.

California

Out of all these listed, 33 have/had a headquarters in California, USA, and of those, 12 are defunct, about 36.4%. California is an emissions regulation generating state that occasionally provides benefits to zero emission vehicle start-ups. Roughly 56.9% of the electric car start-ups in the United States have their headquarters in California.

China

Out of all these listed, 22 have/had a headquarters in China, and of those, 8 are defunct, about 36.4%. China runs a semi-centrally-planned economy, which means it has influence over what companies do well within the country. If a company is aiming to compete in an international market within a growing sector, the government of China (and/or more local governments relevant to the company) may decide to keep a company going at a loss just so it may be competitive and profitable one day when other companies have run out of funding while dealing with the state-funded competition China provides. This leads to the abnormally low failure rate of electric vehicle companies within the country.

Failure Isn't All Bad

Companies rising and falling within a given technology focus does come with the heartbreak of jobs and money lost, but it's the scientific method applied to economics. A healthy economy will have both success stories and the disappointment of failure.

Disclaimer

Inclusion on this list is not an endorsement of any company. Exclusion is not an intentional statement, and inclusion or exclusion may change at any time. Information may be out of date, since it is manually updated. We aim to keep this information accurate and up to date, but be aware that errors may be present.