Technology companies of all backgrounds are working to make industries more sustainable, and the transportation sector is no exception.
Concerns about the environmental impact of gas- and diesel-powered engines have made many people think more seriously about electric vehicles as a viable and more efficient alternative, and as a result, the EV industry has taken off. Data from Statista shows revenue in the global electric vehicle market is expected to reach more than $623 billion in 2024, climbing toward $906 billion in 2028.
Electric Car Companies to Know
- Tesla
- General Motors
- Volkswagen
- Nissan
- Rivian
- Ford
- Lucid Motors
- NIO
- Daimler
- Xpeng
Electric car technology has made great strides, going from a fringe luxury product to the new standard in automotive manufacturing. Electric vehicles now include sports cars, freight trucks, bikes and many other products designed to make travel easier, quicker and more eco-friendly.
Take a look at this list of electric car companies helping increase mobility while reducing their energy footprint.
Electric Car Companies to Know
Location: Austin, Texas
Tesla is one of the leading electric car manufacturers and developers in the world. It was one of the first companies to perfect EV design. In addition to developing and marketing high-speed electric vehicles, the company also develops solar panels designed for use in businesses and homes.
Location: Detroit, Michigan
With over 100 years of experience, General Motors is pushing for an all-electric future for the car industry. The company strives to create electric vehicles that are inclusive and accessible. Through its Ultium platform, General Motors can create several models of EVs with a flexible battery architecture.
Location: Reston, Virginia
Volkswagen broke into the EV sector with the ID.4, which was released near the end of 2020. The company plans to expand its electric vehicle suite with the additions of an all-electric camper van in the ID. Buzz and an all-electric sedan in the ID.7. In partnership with Electrify Home, Volkswagen has made its EVs compatible with home chargers, but these must be purchased separately from Volkswagen vehicles.
Location: Franklin, Tennessee
Nissan has been producing its all-electric LEAF since 2010, when it debuted as the first electric vehicle available on the mass market. The company added another model to its EV portfolio in 2023 with the release of the Nissan ARIYA.
Location: Irvine, California
Two models of Rivian’s “electric adventure vehicle” with on-road and off-road capabilities have been in production and are available for reservation with a refundable deposit. The company’s R1T pickup truck is capable of covering between 270 and 410 miles depending on battery and engine customizations. Meanwhile, the R1S, with its three rows of seats, can go from zero to 60 miles per hour in about three seconds. Rivian also works with clients to help them electrify their commercial vehicle fleets.
Location: Dearborn, Michigan
In addition to having multiple vehicle models available as hybrids, Ford also produces three all-electric vehicles. That includes the E-Transit, which is a commercial cargo van offered with three different options for length and roof height.
Location: Newark, California
Lucid Motors aims to combine sustainability with luxury, developing smart electric vehicles equipped with the features of traditional luxury cars. Lucid Motors’ vehicles are capable of reaching 60 miles per hour in less than 2 seconds, and can complete 200 miles of charging in around 12 minutes. They also feature smart ecosystems that enable voice control, mobile connectivity and cutting-edge GPS technology.
Location: Shanghai, China
NIO produces several electric vehicle models, including its ES8 flagship SUV and the EP9, which the company boasts is “the fastest electric car in the world” as it set two lap records in 2017. NIO cars are available in China, and the company has begun to expand into Norway, Germany, the Netherlands, Denmark and Sweden as well. NIO also has an R&D center in San Jose, California.
Location: Portland, Oregon
Daimler is on track to electrify the commercial vehicle sector with its eMobility strategy. By combining its truck technology with electric battery power, the company has produced several all-electric truck models, including the eCascadia. In addition, Daimler has teamed up with Thomas Built Buses to design all-electric school buses for school districts across the U.S.
Location: Guangzhou, China
Known as the Chinese rival of Tesla, Xpeng Motors complements its smart driving features with an enhanced design for its electric vehicles. The company is outfitting its lineup with a new high-voltage platform that can complete charging in five minutes while delivering a range of over 120 miles on a full battery. Xpeng Motors also equips its EVs with a thermal management system, increasing batteries’ efficiency and endurance.
Location: Torrance, California
From personal vehicles to cargo delivery trucks, Canoo’s many electric vehicle offerings support both individual and corporate clients sustainably in their transportation needs. Walmart signed an agreement to purchase 4,500 EVs from Canoo to be used for deliveries in 2023, and the U.S. Postal Service and NASA have also joined Canoo’s customer base.
Location: Manhattan Beach, California
Fisker made a name for itself with the Fisker Karma, which was one of the first luxury plug-in hybrid electric vehicles. The company has since expanded its EV lineup to include vehicles that support a range of lifestyles. While models like the Fisker Alaska and Fisker Ocean feature durability for rugged terrain, the Fisker PEAR is more suited to drivers who want to navigate urban environments in an eco-friendly ride.
Location: Stuttgart, Germany
Mercedes-Benz has upgraded its luxury lineup with a slate of electric vehicles, including the EQE Sedan and the EQB SUV. Each EV monitors its battery levels to suggest a good time to recharge and quickly finds public chargers through the Mercedes me connect app. Mercedes-Benz drivers can also visit the brand’s website to access an adjustable charging calculator for their specific electric model.
Location: Gardena, California
Faraday Future develops electric, internet-connected vehicles, the first of which is the FF 91 that was available for preorder as of the first half of 2023. The vehicle can travel up to 381 miles per battery charge, is equipped to operate autonomously and has zero gravity seats.
Location: Phoenix, Arizona
Nikola builds electric semi-trucks. One model, the TRE BEV that became available in 2021, can travel up to 330 miles and has a charge time of approximately 90 minutes. The company has a hydrogen-powered fuel cell electric truck that became available in 2023.
Location: Cedar Park, Texas
Hyliion is a sustainability-focused transportation company that develops powertrain technologies and battery solutions that make electric vehicles more affordable and accessible. The company’s scalable solutions make it easier for clients to integrate electric vehicles into their pre-existing fleets, reducing the need for replacing entire infrastructures and helping more companies achieve zero emissions.
Location: Hawaiian Gardens, California
Ryvid Inc., which takes its name from a portmanteau of rhythm and avid, makes electric motorcycles. Its signature Anthem model is light, affordable and inspired by aerospace technology, according to the company website. Featuring regenerative braking and nearly silent operation, the Anthem’s speed can reach over 75 mph and has a driving range of up to 75 miles per charge.
Location: Campbell, California
ChargePoint manages a network of accessible electric vehicle charging stations. These stations help power more efficient mobility and encourage the transition to sustainable transportation. Supporting individual drivers, logistics companies and everyone in between, ChargePoint offers a mobile app customers can use to discover and map available charging stations.
Location: Toyota, Japan
Toyota turned heads with hybrid models like the Toyota Prius and Toyota Camry, and the brand now boasts a diverse fleet of hybrid, plug-in hybrid, fuel cell electric and all-electric vehicles. The Toyota Mirai is a fuel cell-powered sedan that gets its power from hydrogen and oxygen and takes as little as five minutes to recharge. Meanwhile, the Toyota bZ4X is an SUV with an electric battery that enables it to travel over an estimated 250 miles on a single charge.
Location: Gothenburg, Sweden
Volvo’s vehicles include two pure electric car offerings along with five hybrid models. Two more electric vehicle models — the EX90 SUV and EX30 SUV — are available for reservation and are expected to be delivered to drivers in 2024. The company is aiming to make at least half of its vehicle offerings entirely electric by 2025.
Location: Foster City, California
Zoox is a ride-hailing company that works to make taxi services fully reliant on electric and self-driving technologies. Zoox’s team designs all of its software and hardware in house, and its vehicles feature technologies like sensor lidar, real-time computing tech and 360-degree field of view.
Location: Zurich, Switzerland
ABB is a green technology company that markets a comprehensive suite of sustainability-focused products that include control room solutions, low voltage products, generators and mechanical power transmissions. The company’s EV charging selection includes everything from AC wallboxes to fast charging stations. As a result, ABB can tailor its technology to homes, workplaces, retail stores and other spaces.
Location: Mountain View, California
Waymo wants to make self-driving technology the norm. The company began as a division of Google and has advanced to piloting a ride-hailing service, Waymo One. Waymo claims to offer a safe alternative to human-driven transportation along with a fully electric fleet to prioritize efficiency and responsibility at the same time.
Location: Brooklyn, New York
Revel is a ride-sharing company that operates a fleet of ride-hailing electric vehicles and charging hubs. While the company is focused on NYC neighborhoods, it plans to establish its ‘Superhubs’ in the Bay area. Revel customers can register and request vehicles via a mobile app, and each vehicle comes with a glass ceiling and heated seats to improve the customer experience.
Location: Dublin, Ireland
APTIV is one of the world’s leading electric vehicle architecture providers, focusing on making transportation technologies more efficient by supporting the broad adoption of EV technology. The company has developed solutions for advanced safety and autonomous driving, among other aspects of vehicle design.
Location: Boston, Massachusetts
Electra Vehicles designs electric energy storage and usage systems for both vehicle and power grid use cases, helping optimize energy consumption and battery lifetimes. With a team previously hailing from NASA, Toyota and other leading institutions, Electra Vehicles’ product offerings include an application that compares battery options to help companies choose the best one for their electric vehicles.
Location: San Francisco, California
Volta Charging partners with companies to provide charging stations for electric vehicle drivers. The company’s charging stations also double as advertising locations, giving partner brands the ability to market their products through a sustainable platform.
Location: Watertown, Massachusetts
WiTricity provides a creative new method for supporting sustainable travel, offering electric vehicle owners the ability to wirelessly charge their cars. WiTricity removes the hassle of additional components or wires by providing a park-and-charge, cord-free charging option that works just as quickly and effectively as plug-in cwihargers.
Location: San Francisco, California
WeaveGrid’s aim is to build an infrastructure network to support the widespread adoption of electric vehicles and power decarbonization efforts. The company’s software uses cloud technology to keep the EV grid connected and compliant with security and reliability regulations. Its team hails from diverse backgrounds in utilities, cleantech, software and other industries, combining their unique experiences and perspectives to deliver smart charging solutions to EV users across the country.
Location: San Francisco, California
Uber is among the largest rideshare companies in the world, helping provide people with on-demand rides in cities across the globe. The company launched its Uber Comfort Electric and Uber Green options, allowing riders to connect only with drivers who drive hybrid or fully electric cars. The company plans to feature only electric cars in its fleet by 2030.
Location: Loveland, Colorado
Lightning eMotors specifically serves the logistics industry by manufacturing electric power systems for use in vans, buses, trucks and other vehicles. By developing state-of-the-art, zero-emissions technologies, Lightning eMotors helps companies optimize their fleets both for energy conservation and efficiency.
Location: Detroit, Michigan
Chevrolet has two fully-electric vehicle models already on the market, the Bolt EV and Bolt EUV. The company has three more electric vehicles on the way, including the Silverado EV pickup truck and the Blazer EV mid-size SUV.
Location: Rochester, New York
Hyzon Motors is a startup focused on decarbonization through hydrogen cell-fueled, zero-emissions vehicle technology. The company’s main goal is to reduce emissions in the logistics industry, and its team builds trucks and other fleet vehicles capable of running logistics operations without relying on gas or diesel.
Location: Culver City, California
Envoy connects real estate property owners with electric vehicle fleets they can use to increase mobility throughout their properties while still conserving energy. The company’s mobile transportation platform provides users with the ability to request and reserve electric vehicles on demand, helping streamline travel throughout apartment complexes, hotels and corporate environments.
Location: Denver, Colorado
Autowatts combines the best of solar technology and electric vehicle technology with its energy financing platform. Clients can use the platform to shop around for solar options to power their EV at home, plan for installation and close deals all online.
Location: Portland, Oregon
Forth is an innovator in electric and smart vehicle technology, making both fully electric and hybrid-electric vehicles accessible for personal and ride-sharing use. The company’s online platform collects data and specs on vehicle range, horsepower and other features, as well as provides customers with information on pricing and rebate options.
Location: Boston, Massachusetts
Piaggio Fast Forward is the creator of Gita, an intuitive robot that pairs with people to help them transport goods wherever they go. Though not an electric car, Gita is fully rechargeable and uses machine vision technology to track movement and stay on course with the person it is paired with while possessing “pedestrian etiquette” capabilities to avoid people and obstacles.
Location: Palo Alto, California
Open Motors takes a different approach to electric vehicle development, offering existing car manufacturers a platform they can use to design, model and create their own electric vehicles. The shared platform helps companies save on R&D costs, and provides emerging startups with a database for adapting and creating their own individual products.
Location: Burlingame, California
Proterra aims to make public transit more fuel-efficient and sustainable, building buses, trucks and other heavy-duty vehicles to increase the adoption of clean power. With both mass transit and commercial vehicles in the company’s product portfolio, Proterra helps corporate and government organizations move away from fossil fuel reliance and toward electric power without compromising efficiency.
Frequently Asked Questions
Who is leading in electric vehicles?
Tesla continues to lead in electric vehicles, generating a majority of EV sales in the U.S.
Which companies make electric vehicles?
While Tesla remains a familiar name, other companies making electric vehicles now include Ford, General Motors, Mercedes-Benz and Chevrolet.
Who will be the biggest EV company?
Tesla remains the biggest EV company to date, but competitors like BYD, Volkswagen and General Motors may challenge for this title in the coming years.
Why are car companies going electric?
General public concern surrounding the environment and limiting carbon emissions has compelled car companies to develop electric models. The federal government and investors have also pushed for car companies to create more sustainable vehicles.
What car companies are not going electric?
As of now, Jeep, Alfa Romeo, Infiniti, Buick, Dodge, Chrysler, Lincoln, Land Rover, Suzuki and Ram have yet to add electric vehicles to their lineups.
