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Electric Vehicle Start-ups

While it’s true that more electric vehicles (EVs) are hitting the road every year, there are only a few major EV start-ups that are innovating in the EV industry at the moment. As with any new industry, it’s hard to know which companies will succeed. However, in the current electric vehicle market

Watch these top EV start-ups to learn more about how they're advancing the electric vehicle industry. There are many start-ups that stand out as potential success stories.

Rivian is an American Automaker with a huge market cap of $42bn. The company was founded in 2009 and they have produced 2,425 electric Vehicles as of March 2022 which is not much but considering that it’s just 10 years old it’s quite impressive. Its early investors Ford and Amazon have also given their support to Rivian by investing a huge amount each through their respective venture capital arms. Rivian’s goal is to bring EVs to people who want them at affordable prices.

Lucid is also one of the well-known EV start-ups with some big names behind it. The company was founded by Bernard Tse, who previously worked at Tesla. He has a very successful track record and knows what he’s doing when it comes to EVs.