New off-road vehicles feature advanced suspension, intelligent traction controls, innovative drivetrain configurations, and more. This enables off-roaders to traverse extreme landscapes with ease and precision while ensuring their safety. Additionally, advanced materials and novel production processes foster increased durability of components while saving weight and enhancing efficiency. At the same time, navigation and communication systems update drivers in the most remote locations, serving emergency responders and industries operating in rugged outdoor environments. Integration of eco-friendly powertrains, together with sustainable materials, will also reduce the ecological footprint of off-road adventures. Read more to explore all 10 new off-road vehicle companies. We updated this report 5 days ago. Missing information? Contact us to add your insights.
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Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the off-road vehicle industry. This sector is marked by key trends and a substantial workforce, shaping its future. Here are some key insights at a glance:
- Latest Off-road Vehicles Trends: The top trends in the off-road vehicles industry are off-road electric vehicles (EVs), lightweighting, all-terrain vehicles (ATVs), mobility-impaired vehicles, and off-road powertrains.
- Off-Road Vehicles Industry Stats: The sector comprises 17K+ organizations worldwide. Out of these, 1K+ new off-road vehicle companies were founded in the last five years, witnessing 2020 as the average founding year. On average, each of these companies employs about 25 people. Moreover, the average funding received by these 1K+ off-road vehicle companies per round in the same span is USD 26.7 million.
- 10 New Off-Road Vehicle Startups to Watch:
- dolaGon – Self-Driving ATVs
- Pulse-EV – Off-Road EV
- Exotek – Vehicle for Physically Challenged
- LIVAQ – Adventure Vehicles
- Wrexx – Crash Response System
- AEV Motorz – Vehicle Electrification
- Jevons Robotics – Off-Road Mining Vehicle
- iCheckTPMS – Tyre Pressure Monitoring
- 18 Wheels – All-Terrain Powertrain
- Munro Vehicles – 4×4 Thermal Control
Discover 10 out of 1K+ Emerging Off-Road Companies
In this section, we highlight 10 emerging off-road vehicle solutions that are leading to innovative automotive solutions. These companies are rapidly responding to environmental concerns and evolving market demands. By pioneering advanced manufacturing, new sustainable materials, smart sensors, and 3D technologies, these companies are setting new standards in the off-road vehicles industry.
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. dolaGon
- Founding Year: 2019
- Employee Range: 2-10
- Location: USA
- Signal Strength: Very Strong
- What they do: dolaGon develops autonomous off-road vehicles for transporting passengers, cargo, and equipment along predefined routes. The vehicle combines camera vision and LiDAR sensors for hazard detection. It also supports manual drive mode to set a trail, which the vehicle then follows autonomously. The vehicle picks up and drops off passengers, such as skiers, at designated points along the route. It also alerts passengers on hazards and awaits further instructions before proceeding. By automating transportation on skiable terrain or farms, dolaGon’s vehicle enhances efficiency and safety.
2. Pulse-EV
- Founding Year: 2020
- Employee Range: 2-10
- Location: UK
- Signal Strength: Medium
- What they do: Pulse EV offers electric all-terrain and utility-terrain vehicles for business and leisure applications. The company’s vehicles feature a modular electronic drive system to ensure balanced performance and ease of maintenance. Each vehicle incorporates a swappable lithium-ion battery pack array and an electronic differential for enhanced driving efficiency. Cloud connectivity and lidar-enabled crash avoidance enhance safety and provide dynamic tip warning and avoidance features. Additionally, over-the-air connectivity guides the vehicle home in adverse weather or injury scenarios. These innovations benefit remote workers and environmentally-conscious passengers seeking reliable off-road transportation.
3. Exotek
- Founding Year: 2020
- Employee Range: 2-10
- Location: Norway
- Signal Strength: Weak
- What they do: Exotek provides fully electric, all-wheel-drive terrain vehicles for individuals with mobility impairments. The company’s Exoquad vehicle utilizes an electric center drive motor, adjustable suspension, and mountain bike brake systems for improved handling. The removable battery provides a flexible capacity and ensures higher hours of mixed riding. With a frame made from extruded, forged, and machined 6061 aluminum, it is lighter than traditional off-road vehicles. Exoquad includes ride modes for extreme accessibility and transport, benefiting those with reduced gait function.
4. LIVAQ
- Founding Year: 2022
- Employee Range: 2-10
- Location: USA
- Signal Strength: Strong
- What they do: LIVAQ makes adventure ATVs with increased performance and sustainability. The company’s EQUAD ATV features a carbon fiber body panel and a material-printed seat, ensuring durability and comfort. It also includes wireless EV charging and home plug compatibility to make refueling more convenient. Its swappable battery and modular chassis offer extended range and flexibility. Further, the vehicle has an IP67 rating that improves water resistance in adventurous terrains and patented LEDs to enhance reliability and visibility. Off-road riders also benefit from a vehicle management app providing GPS tracking, weather updates, and maintenance alerts.
5. Wrexx
- Founding Year: 2019
- Employee Range: 2-10
- Location: USA
- Signal Strength: Strong
- What they do: Wrexx provides a modular crash detection and response system for motorcycles and ATVs. The system utilizes real-time telemetry data to detect accidents and instantly relays GPS locations to emergency services. It connects directly to the vehicle’s battery and fits within half the size of a smartphone. The system features a low-cost design to ensure accessibility while providing essential safety features to all riders. This also allows emergency responders to receive crucial health information and ensure prompt medical care.
6. AEV Motorz
- Founding Year: 2022
- Employee Range: 2-10
- Location: France
- Signal Strength: Medium
- What they do: AEV Motorz develops electrification kits for off-road vehicles. For example, its Ampera 350 integrates a battery pack and dual electric motors to deliver increased power and torque. This system also maintains the vehicle’s original weight distribution and center of gravity to ensure optimal off-road performance. Additionally, the kit includes regenerative braking and a battery management system for enhanced efficiency and safety. Ampera 350 thus benefits off-road enthusiasts and eco-conscious drivers seeking to modernize classic vehicles while reducing the environmental impact.
7. Jevons Robotics
- Founding Year: 2022
- Employee Range: 11-50
- Location: Australia
- Signal Strength: Medium
- What they do: Jevons Robotics builds wheeled vehicle solutions for the mining industry. These vehicles integrate customizable payloads and AI to reduce exposure hours, leading to safer and greener mining operations. The company’s platform also offers teleoperation and centralized control of asset swarms tailored to site-specific needs. Utilizing perception-enabled sensor technology, the driverless robots achieve high-precision positioning to enhance performance on tough terrains. Beneficiaries include mining operators seeking improved safety, productivity, and environmental sustainability.
8. iCheckTPMS
- Founding Year: 2021
- Employee Range: 2-10
- Location: Australia
- Signal Strength: Medium
- What they do: iCheckTPMS develops a tire pressure monitoring system for off-road vehicles and caravans. The system provides real-time monitoring of up to ten tires and provides immediate alerts for leaks and high temperatures. Caravans and off-road driving enthusiasts benefit significantly from this technology, enhancing safety and efficiency. The company uses a direct-to-customer model to ensure competitive pricing and accessibility.
9. 18 Wheels
- Founding Year: 2022
- Employee Range: 2-10
- Location: Finland
- Signal Strength: Medium
- What they do: 18Wheels manufactures an eco-friendly offroad vehicle equipped with a proprietary suspension system. The company’s Unsprung Load Electric All Drive (ULEAD) technology features 18 independently sprung wheels, each with its own electric hub motor. This allows for improved maneuverability and stability on rough terrain. Moreover, the company’s suspension reduces the vehicle’s ground pressure, minimizes environmental impact, and enhances obstacle traversal. Additionally, the vehicle offers advanced features such as pneumatically adjustable suspension and sealed wheels for dust and water protection. 18Wheels’ vehicle provides a high-performance, environmentally sustainable offroad vehicle that outperforms traditional ATVs in both efficiency and terrain adaptability.
10. Munro Vehicles
- Founding Year: 2019
- Employee Range: 2-10
- Location: UK
- Signal Strength: Very Strong
- What they do: Munro Vehicles develops thermal control systems for off-road 4×4 vehicles. The company’s high-voltage compressor efficiently manages powertrain, battery, and cabin temperatures to ensure optimal performance in diverse environmental conditions. This technology benefits drivers and operators by enhancing vehicle reliability and comfort across extreme temperatures. The system’s sealed wiring harness and modular design further minimize maintenance downtime as well as safeguard against dust and moisture infiltration.
Quick Tip to Find New Off-Road Vehicle Companies
Utilizing a SaaS platform like the Discovery Platform for identifying new off-road vehicle companies provides significant benefits compared to traditional scouting methods:
- Streamlined Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying off-road vehicle innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the off-road vehicle industry. The platform keeps you informed with near real-time updates on emerging off-road vehicle companies and news, enabling you to make swift and informed decisions.
- Precise Scouting: Customize your search to focus on specific niches within the off-road vehicle sector, such as lightweighting, off-road EVs, or all-terrain vehicles. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.
Ready to Explore All New Off-Road Vehicle Companies?
We’ve explored the dynamic landscape of the off-road vehicle industry, examining the latest trends and spotlighting exceptional companies driving innovation. To dive deeper, download our free Automotive Report or schedule a demo of the Discovery Platform for a customized exploration of these groundbreaking developments. We’re keen to partner with subject matter experts to enrich our coverage. Think you can help? Let us know.
