In 2025, leading EV battery companies are improving electric mobility by offering end-to-end solutions for sustainable and tech-driven transportation. From advancements in solid-state batteries to rapid charging technologies, these innovators are reshaping the future of electric vehicles. Explore how they streamline operations and bring efficiency to modern transportation in this article.
Global Startup Heat Map highlights 10 EV Battery Companies to Watch
Through the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 5M+ startups, 20K+ technology trends plus 150M+ patents, news articles & market reports, we identified 10 EV battery startups.
The Global Startup Heat Map below highlights the 10 EV battery companies you should watch in 2025 and the geo-distribution of EV battery startups and scaleups we analyzed for this research.
According to our data, we observe high startup activity in the US and India, followed by the UK. The top 5 Startup Hubs for EV batteries are London, Bangalore, New York City, San Francisco, and New Delhi.
Meet Emerging EV Battery Companies to Watch in 2025
We hand-picked startups to showcase in this report by filtering for their technology, founding year, location, funding, and other metrics.
These 10 EV battery startups work on solutions ranging from exchangeable lithium battery packs and portable EV chargers to cathode materials for lithium-ion batteries and a battery health monitoring platform.
- EBS Square – All-Solid State Batteries
- Altelium – EV Battery Health Testing Platform
- Proxy Emobility – Exchangeable Lithium Battery Pack
- Popwheels – E-mobility Battery Swapping Stations
- CM Batteries – Customizable E-bike Battery Pack
- MubOn – Portable EV Charger
- ArtificaX Technologies – Battery Health Monitoring Platform
- Glimpse – Battery Quality Monitoring Platform
- Shift Materials – Cathode Materials for Lithium Ion Batteries
- Nicola Tech – Smart Battery Cloud Protection & Analysis Software
1. EBS Square
- Founding Year: 2023
- Location: Seongnam, Republic of Korea
- Use For: All-Solid State Batteries
Korean startup EBS Square develops all-solid-state batteries to overcome the performance limits of conventional lithium-ion batteries in electric vehicles. The startup’s core products include nano-silicon anode materials for EVs, carbon quantum dot conductive additives, and hybrid solid electrolytes.
Further, its core technology includes developing highly uniform nanoparticles for solid-state battery electrolytes. EBS Square enables businesses to replace liquid electrolytes with solid ones, invest in safety standards, and enhance energy density and charging speed.
2. Altelium
- Founding Year: 2023
- Location: London, United Kingdom
- Use For: EV Battery Health Testing Platform
UK-based startup Altelium leverages data analytics to conduct EV battery health tests and reporting for dealers and EV owners. The platform enables decisions regarding the operation, insurance, or purchase of lithium-ion powered EVs.
Moreover, the battery health tests are quick to carry out and produce independent reports that show real-time battery health data and real-world range in different weather conditions. Further, the platform offers an automated pricing issuance and underwriting of insurance products.
Altelium also provides insurance, analytics on battery portfolios, and predictive data via its platform, enhancing the financial stability of EV transactions.
3. Proxy Emobility
- Founding Year: 2023
- Location: Dakar, Senegal
- Use For: Battery Swapping Stations
Senegal-based startup Proxy Emobility manufactures electric motorcycles that include features like lithium-ion batteries, instant recharge, and a battery-swapping system. The motorcycle combines advanced technical features and a lifetime warranty of the batteries. The batteries are tested and maintained regularly to ensure their performance.
Moreover, the Proxy Power app, located near the charging stations, allows EV owners to check battery availability and real-time consumption tracking. Proxy Emobility allows businesses, restaurants, delivery companies, and fleet managers to lower their carbon footprint by providing a sustainable alternative to petrol motorcycles with a battery that is always operational.
4. Popwheels
- Founding Year: 2023
- Location: Brooklyn, United States
- Use For: E-bike Battery Exchange Platform
- Funding: USD 2.69 million
US-based startup Popwheels offers an e-bike battery exchange platform to promote sustainable light electric vehicles for the delivery sector and combat lithium-ion battery fires. This solution allows e-bikers to locate nearby stations, remove the empty battery, and retrieve a fully charged one to continue the ride without any downtime.
Moreover, the batteries are compatible with most of the delivery worker eBikes, who use the app to check out the batteries on demand. Combining the new public charging stations with secure bike storage incentivizes safe battery charging outside of residences, expanding enforcement against high-risk situations.
5. CM Batteries
- Founding Year: 2023
- Location: Shenzhen, China
- Use For: Custom Ebike Battery Pack
Chinese startup CM Batteries offers customized e-bike battery packs for improved battery performance and longevity. The immersion cooling technology allows for increased power of the battery packs, the prevention of thermal runaway, and prolonged battery lifespans.
Moreover, the startup offers discharge rate battery cells that operate efficiently in a variety of temperature ranges and at a variety of discharge rates to suit consumer needs. These batteries are equipped with contractors, which support high discharge power by using a small current to control a large current load.
This innovation allows manufacturers to produce reliable battery packs with extreme temperature tolerance, high energy density, fast charging speeds, and lower costs.
Want to Explore 360+ EV Battery Startups & Scaleups?
6. MubOn
- Founding Year: 2024
- Location: Cali, Colombia
- Use For: Smart EV Charging Stations
Colombian startup MubOn provides smart EV charging stations integrated with an advanced monitoring platform to enhance management efficiency in shopping centers. This allows site administrators to track real-time usage, peak demand, and user behavior, enabling data-driven decision-making and managing charges per user.
Moreover, the electric vehicle tracker allows the capture of different variables in the telemetry of the EV, like locations, battery, and the status of the vehicle to see if it is moving, charging, or stopped. These functionalities ensure transparency and efficiency in the administration of the charging station.
MubOn provides EV drivers with convenient battery charging access, while shopping centers contribute to reduced carbon emissions through increased EV adoption.
7. ArtificaX Technologies
- Founding Year: 2023
- Location: Istanbul, Turkey
- Use For: Battery Health Monitoring Platform
Turkish startup ArtificaX Technologies develops an AI-powered cloud platform that allows EV manufacturers to monitor battery health. This solution utilizes AI-based algorithms to estimate the current battery capacity, proactively forecast failures, and reduce battery maintenance costs.
The platform collects these data on the cloud and enables users to get instant safety alerts across devices, thereby aiding insurance. The startup ensures cost efficiency, sustainability, and reliability in electric mobility through intelligent battery analytics.
8. Glimpse
- Founding Year: 2023
- Location: Somerville, United States
- Use For: Battery Quality Analysis Platform
- Funding: USD 4 million
US-based startup Glimpse has developed a battery quality analysis platform to allow battery producers to quickly identify latent defects and implement fixes. The startup generates a high-resolution map of the cell’s internal structure and uses X-ray computed tomography (CT) scanning to comprehensively determine the build quality of a battery cell.
While the conventional battery inspection tests certainly inform diagnosis, CT scanning identifies hidden defects in battery cells. Glimpse allows EV companies and battery producers to catch defective cells before they escape factories through high-resolution cross-section images and an automated inspection layer that extracts key quality features.
9. Shift Materials
- Founding Year: 2023
- Location: Oslo, Norway
- Use For: Lithium Batteries Cathode Materials
Norwegian startup Shift Materials produces high-quality and high-performance cathode materials for lithium-ion batteries. These batteries are used in electric vehicles and offer high thermal stability, safety, long cycle life, and low cost compared to conventional types.
Further, lithium iron phosphate (LFP) cathodes are free from metals with concerns like Ni and Co. Shift Materials allows battery producers to seek sustainable alternatives to high nickel batteries as a result of improved driving range performance, efficiency, and safety from LFP batteries.
10. Nicola Tech
- Founding Year: 2022
- Location: Noida, India
- Use For: Advanced Battery Analytics Platform
Indian startup Nicola Tech builds an advanced battery analytics platform to increase the performance and longevity of lithium-ion batteries for EVs. The startup provides real-time fault diagnosis alerts, battery health analysis through IoT devices, and cloud-based health optimization.
Further, the platform uses algorithms and machine learning to analyze battery data for predictive insights and proactive management. It enables individual and mass configuration access to battery parameters like voltage, temperature, and more. These monitoring tools enable electric vehicle manufacturers to improve operational efficiency, reduce costs, enhance safety, and extend battery life.
Discover All Emerging EV Battery Companies
The 10 EV battery startups showcased in this report are only a small sample of all startups we identified through our data-driven startup scouting approach. Download our free Industry Innovation Reports for a broad overview of the industry or get in touch for quick & exhaustive research on the latest technologies & emerging solutions that will impact your company in 2025!
