There were more than 4,000 emerging automotive startups in the last year, despite the contraction in the world economy.
We’ve been through them and looked for the most exciting and viable and now we’d like to share the results with you.
Firstly, it’s important to note that the electric car market is packed as evidenced by these electric cars you can buy for under $40,000, so none of these companies are directly involved in making EVs but rather improving capability of EVs.
This startup which is funded by Yamaha and Tier Intelligent Vehicles in Japan is concerned with making autonomous factory vehicles.
These will be low cost and easy to implement in both outdoor and indoor situations in nearly all factory setups, whether large or small.
Over in Singapore, they’re going to take on Tesla (maybe, one day) with better battery and storage capacity for electric vehicles.
Surge Analytics is a software developer that provides battery monitoring software which helps to inform battery designers how to make optimal cells and configure them for the most cost-effective use in EVs.
Tangram is looking at EVs that are fully autonomous and asking how can we ensure the safety of passengers in these vehicles?
The American firm intends to provide more reliable sensors which will, in turn, make certain that collisions don’t happen due to better potential impact detection.
And they can do it on a fleet-wide scale making them ideal partners for EV roll outs in industry.
As you might be able to guess from their name, HeyCharge is focused on creating low-cost and highly efficient EV charging stations.
The biggest barrier to adoption for EVs, globally, is the lack of charging stations in many places and developing nations are not going to be able to install large networks of charging stations without cost incentives to do so.
One thing that many people haven’t thought too much about when it comes to EVs is the data that they generate and how to secure that data while still sharing it with relevant partners to improve safety and performance.
And that’s where Harpocrates comes in, they have built a “digital regulatory rules engine” which ensures privacy compliance and data protection is adhered to anywhere in the world.
Final Thoughts On EV Start-ups
With big names like Ford aiming for 100% electric vehicles by 2030, you know that this market is hotting up and our EV startups to watch may make for excellent investments as well as places to buy cool products.
One of our favorite forms of electric vehicle is the electric scooter and if you can’t wait for a startup project to come to fruition, you might want to check out these brilliant electric scooter brands.