Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the automotive industry. This time, you get to discover five hand-picked electric vehicle startups impacting automotive.
Out of 1 500, the Global Startup Heat Map highlights 5 Top Electric Vehicle Startups impacting Automotive
The insights of this data-driven analysis are derived from the Big Data and Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups and scaleups globally. The platform gives you an exhaustive overview of emerging technologies and relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 1 500 exemplary startups and scaleups we analyzed for this research. Further, it highlights five EV startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these five startups and scaleups in this report. For insights on the other 1 495 electric vehicle solutions, get in touch.
Enevate manufactures Lithium-Ion (Li-ion) Batteries
A reliable power supply and a sufficient amount of charging stations are challenging aspects of the electric vehicle industry. With high energy density, low self-discharge rate, and low maintenance, lithium-ion batteries bring a variety of benefits to the industry. Big names in the industry, such as Tesla, already use Li-ion batteries to power their EVs.
Enevate is a US-based startup that develops lithium-ion batteries for EVs. The startup uses silicon-dominant anodes instead of graphite, thereby enabling ultrafast charging and high energy density in batteries. This allows EV owners to mitigate long recharging periods and range anxiety, facilitating EV adoption.
ZPN Energy develops an Energy Storage System for EVs
Integrating electric vehicles on a massive scale may damage the electric grid without proper demand-side management. To tackle this issue, some EV startups offer energy storage solutions that function as a sink during low-demand periods and provide the stored energy to recharge EVs during high demand.
UK-based startup ZPN Energy offers a charging solution for electric vehicles. The startup’s power infrastructure provides 50 kilowatts of rapid direct-current (DC) charging. It also packs the startup’s patented Power Boost technology to ensure fast charging. In addition, ZPN Energy offers on-demand mobile charging units to charge immovable EVs.
Spark Horizon provides EV Charging Infrastructure
Apart from electric vehicles’ charging speed, the accessibility of efficient charging stations also influences the number of electric cars on the roads. This is why many startups provide charging infrastructure for EVs. Such private networks of charging stations allow EV owners to travel longer distances without range anxiety.
Spark Horizon is a French startup that develops EV charging networks across Europe to accelerate the adoption of electric vehicles. The startup provides free electricity for drivers, accelerating EV adoption. To offer electricity for free, Spark Horizon monetizes its infrastructure using AI-based advertising for brands and property owners.
Dox offers Battery Predictive Analytics
Range anxiety, poor battery performance at low temperatures, and lack of charging infrastructure are major challenges in EV development. To tackle these uncertainties, many EV startups offer analytics solutions that provide insights into various aspects of EV operations. For instance, monitoring terrain and motor performance allow machine learning algorithms to predict the range of EVs, benefitting long-distance travelers.
Dox is a US-based startup that provides battery predictive analytics for fleet operators. The startup’s solution provides failure alerts, automatic maintenance scheduling, and analytics to optimize battery management. This, in turn, allows fleets to reduce inventory and maintenance costs as well as avoid battery waste and sudden failures.
EkoRent provides an Electric Car Rental Service
The electric vehicle industry also impacts the mobility sector by enabling it to transition to cleaner transport options. Smart cities and urban localities now use electric car-hailing and sharing for daily commutes, significantly reducing the carbon footprint of the industry.
Finnish startup EkoRent offers a zero-emission electric car rental service. The startup’s smartphone app allows users to book electric cars at low prices. While this improves EV adoption, it further optimizes resource utilization in the mobility industry. The startup also provides charging station planning services and offers anonymized transportation data for city planners.
Discover more Automotive Startups
Automotive startups such as the examples highlighted in this report focus on battery electric vehicles, charging stations, and electric mobility. While all of these technologies play a major role in advancing the automotive industry, they only represent the tip of the iceberg. To explore automotive technologies in more detail, let us look into your areas of interest. For a more general overview, download our free Automotive Innovation Report to save your time and improve strategic decision-making.
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