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 Agilitee ()Parkmore, Sandton, ZA
A Aidea (aidea Co., Ltd.)Minato-Ku, Tokyo, JP
A Aim (AIM Co., Ltd.)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
ANASDAQ: SEV 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 Arrow (Project Arrow)Toronto, Ontario, CA
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 Bars Motors (Барс Моторс ХХК)MN
AOTC: BINI Bollinger (Bollinger Innovations, Inc.)Oak Park, Michigan, US
D Boulder (Boulder Electric Vehicle)Lafayette, Colorado, US
D Bright (Bright Automotive)Anderson, Indiana, US
A Buddy (Buddy Electric AS)Oslo, NO
A BYD (BYD Auto Co., Ltd.)Shenzhen, Guangdong, CN
D Byton (Byton)Nanjing, CN
DNASDAQ: GOEV Canoo (Canoo Inc.)Torrance, California, US
A Carice (Carice Cars)Voorhout, South Holland, NL
ANASDAQ: CENN Cenntro (Cenntro Inc.)Freehold, New Jersey, 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 Czinger (Czinger Vehicles Inc.)Los Angeles, 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
DNASDAQ: EGOX e.GO Mobile (Next.e.GO Mobile SE)Aachen, North Rhine-Westphalia, DE
ABME: EBROM Ebro (EBRO EV Motors, S.A.)2 Martorell, Barcelona, ES
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
DOTC: 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
A Evum (EVUM Motors GmbH)München, Bayern, DE
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 Kiira (Kiira Motors Corporation)Jinja, UG
A KMC (Kiira Motors Corporation)Jinja, UG
A Lean Mobility (Lean Mobility Co., Ltd.)Toyota-shi, Aichi, JP
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
D Lightyear (Atlas Technologies B.V.)Helmond, NL
ATSX: LEV Lion (Lion Electric Company)Saint-Jerome, Quebec, CA
A Longbow (Longbow Motorcar Company Limited)London, United Kingdom, GB
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
D Lumeneo (Lumeneo)Vosges, FR
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
A Micro (Micro Mobility Systems Ltd)Küsnacht, Canton of Zürich, CH
D Miles (Miles Electric Vehicles)Santa Monica, California, US
D Modec (Modec)Coventry, West Midlands, 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 MW Motors (MW Motors S.R.O.)Štěnovice, CZ
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! Automotoveiculos S.A.)Duque de Caxias, Rio de Janeiro, 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
AOTC: RONN RONN (RONN Motor Group, Inc.)Scottsdale, Arizona, US
A Slate (Slate Auto)Troy, Michigan, 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 Taiga (Taiga Motors Inc.)CA
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 Togg (Türkiye'nin Otomobili Girişim Grubu)Gebze, Kocaeli, TR
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
A Weltmeister (WM Motor Technology Co Ltd)Shanghai City, Shanghai, CN
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
A ZEEV (Zero Emission Electric Vehicles)Lisboa, PT
D Zerosports (Zerosports)JP

By The Numbers

TypeTotalActiveDefunctFailure Rate
Global1501014932.7%
Public35231234.3%
USA62372540.3%
California34221235.3%*
Arizona42250%
Japan98111.1%
Europe33181545.5%
Canada7700%
India2200%
China2315834.8%*

Out of the 150 companies listed, 101 are active and 49 are defunct. That's about 32.7% of the companies out of the game! Of all of these companies, 35 have been public companies at some point, and 12 of those have become defunct. That's about 34.3% (so far) so make sure you research EV stocks thoroughly before you invest!

Electric Car Start-Ups by Country

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, 34 have/had a headquarters in California, USA, and of those, 12 are defunct, about 35.3%. California is an emissions regulation generating state that occasionally provides benefits to zero emission vehicle start-ups. Roughly 54.8% of the electric car start-ups in the United States have their headquarters in California.

China

Out of all these listed, 23 have/had a headquarters in China, and of those, 8 are defunct, about 34.8%. 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.