Here are 3 crypto startups that have shut down in the last years, analyses on their failure, and interviews with their founders. Sometimes things do not work out for startups, especially in the electric vehicle business. Artificial Intelligence, Automotive, Consulting, Information Technology. If you're building a Enterprise Software startup, you must check these 71 companies in your industry that have joined the unicorn club. While the shift might be disappointing to some people who followed them from the start, the change in approach makes them stand out. The other vehicles include the dragonfly, a sleek sports car with a distinctive design, and the Mullen FIVE. Changsha is home to hundreds of startups and you can find the best 3 in this article. It is a big goal, considering the distance most electric vehicles can travel on a single charge is far less. Automotive, Autonomous Vehicles, Robotics. And they had a clear focus, creating a vehicle that favored minimalism and efficiency over aesthetics. Download our curated sheet of 8,271 European startups. The startups smartphone app allows users to track the live location of their vehicles using the Global Positioning System (GPS). Grit Daily News is the premier startup news hub. This is critical in improving air quality and reducing greenhouse gas (GHG) emissions worldwide. The startup combines nature-inspired artificial intelligence with edge computing that is less dependent on expensive sensor suites. AEye is the recipient of a number of awards including Forbes AI 50 of Americas Most Promising Artificial Intelligence Companies and AutoSens Most Innovative Autonomous Driving Platform. Here are 15 startups from London that have shut down in the last years, analyses on their failure, and interviews with their founders. What they do: Motional behind the worlds first robotaxi pilot program. It even has panoramic views for visibility. The automotive startups showcased in this report are only a small sample of all startups we identified through our data-driven startup scouting approach. CarDekho is a vehicle search platform dedicated to the digitization of the automotive ecosystem. Artificial Intelligence, Automotive, Big Data, Machine Learning, Management Information Systems. The Emerging Startup Series comprises of Unicorns - companies with over $1 billion valuation, Soonicorns - companies with high valuation and good chances of soon becoming Unicorns, and Minicorns - early-stage companies that have the potential to be Unicorns in the long term.Tracxn Emerging Startups provides a handpicked selection of high growth and high potential companies, founded since 2013, that are making an impact in the new-age sectors. It is not the only car Faraday Future sees in its future, either. Additionally, Arrival has already partnered with some big names, with many groups showing interest in their affordable electric vehicles. US-based startup SafePoint GPS advances theft protection for connected cars. AIWAYS is a smart car manufacturer based in Shanghai, China that creates beautiful electric vehicles that can be used in any situation. However, the past few years amidst the pandemic has caused the company to see some setbacks. From Shanghai to Stockholm to Ann Arbor, Michigan, leaders in engineering, computer science, and logistics are combining to pump out brilliant self-driving products. When it comes to their electric vehicles, Lucid focused on providing exceptional sustainability without sacrificing luxury. May has provided over 270,000 public rides around the world since its first route in 2019. This site is protected by reCAPTCHA and the Google, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window). Banma Network Technologies is a next-generation automotive technology company that offers the first standard operating system for cars, the AliOS. Fair car leasing is a new, economical way of purchasing or leasing a vehicle. They are not just great electric vehicles but great vehicles in general. To give you a head-start on emerging technologies and startups that will impact the automotive sector in 2022, we analyzed a total of 2 373 global automotive startups & scaleups. However, while their truck is certainly full of exciting features, the individual parts make Atlis stand out. Why does this matter? Automotive, Electric Vehicle, Electronics. The computer-vision-enabled edge hardware also allows higher frame rates for object detection and segmentation. There are hundreds of fast-growing startups in Cologne and we have compiled the 74 best ones in this blog article. The startups extensive customer handling tools, in turn, allow businesses to track and record customer calls as well as automate appointment scheduling based on car stock and calendar events. By 2022, Pony.AI is aiming to have the first commercial robotaxi service in California. Fair offers flexible control packages and leasing options. The postponed development of these vehicles was not made lightly by the company. By linking their cameras with computer components that are already in cars today, Nexar believes they can reduce collisions and make driving safer for everyone. French startup eveho develops an online platform for automotive eCommerce management. They also have their EP9, which is one of the worlds fastest electric cars. Automotive, E-Commerce Platforms, Shopping. Souche is the leading second-hand car trading company that provides quality services for all types of cars. While the EP9 is not available to the general public, it has shown that it can make some incredible electric vehicles. Although based in Tel Aviv, Cortica has over 100 employees worldwide with backgrounds in AI research as well as experience in Israels elite intelligence units that are world-renowned. However, they are not the only two to keep an eye on, with the push toward electric vehicles and alternative energy causing a surge in the market. Their core offering is a fully autonomous shuttle that can drop students off at their lecture hall or bring members of a gated community directly to the first hole on a golf course. In fact, the company has revealed its intention to start selling vehicles toward the middle of this year. 2022 Tracxn Technologies. And considering the features in the Lucid Air, they are delivering on that promise: Their electric vehicle proves that you can have a luxury car powered by electricity. In addition, sun2wheel directly handles the maintenance of the charging system. They even found some success with their Fisker Karma before they ran into trouble and sold the vehicle design. Speaking of Faraday Future, it is another electric vehicle startup that might see some progress this year. 4 Failed Sydney Startups & Analyses on Why they Failed. But this would not be the first time it has pushed back the expected date of production. They already have a presence in California, and they have started looking at India as well. Teld New Energy is a dedicated team of industry-leading experts who are passionate about finding and implementing the technology that powers electric vehicles. This allows used vehicle dealers to streamline operations and organize activities to improve customer experience. Automotive, Mobile Apps, Real Time, Ride Sharing, Transportation. Rome is home to hundreds of accelerators and incubators and you can find the best 3 in this article. Keep an eye out on the roads around you. From rockets and spacecrafts to satellites, they provide unique solutions for all of your needs. With the market size expected to reach $1,191.8 billion in 2023,some of the worlds brightest minds are focused on solving transportation issues that plague almost every country on earth. They are not focused on luxury vehicles, and they have already connected with reliable partners. The new iteration of the company has some bright plans for the future of their electric vehicles. Here's a list of 133 startups founded by women that have reached the Unicorn status, including the well-known Canva and BYJU'S. Artificial Intelligence, Automotive, Electric Vehicle, Manufacturing. That is further supported by existing automakers looking in new directions. By measuring the time it takes light to travel, precise distances can be calculated instantly. But they saw success there as well, with their batteries being used in electric racing. XPeng is another exciting Chinese company that is making some stellar electric vehicles. The 3 Fastest Growing Startups from Changsha. Automotive, Consumer Reviews, E-Commerce, Electric Vehicle, Marketplace. Carro is an online used automobile marketplace that provides a variety of services to assist you in purchasing a vehicle. On 28th July, 2021, our company's name was changed to Tracxn Technologies Limited. Here's a list of 4 failed startups from Sydney, analyses on why they shut down, and interviews with their founders. Pony.ai is revolutionizing the autonomous vehicle sector by providing a high-quality experience that surpasses its competitors. Therefore, production on the pickup might not be as far off as it appears. Their cloud platform provides over 2.6B data points daily from more than 20 million vehicles, allowing a plethora of critical services to flourish powered by Otonomo. New episodes on Tuesdays, wherever you get podcasts. However, in 2019, they returned with the same dream: creating a unique, effective electric vehicle that runs on solar power. Automotive, Logistics, Space Travel, Transportation. Automotive, Freight Service, Logistics, Shipping, Software, Transportation. The first to launch their robotaxi service in 2018, Pony has partnered with brands like Lexus, Hyundai, and Lincoln to pilot their unique tech. Though, if you look on their website, you can get a taste of what is to come with the FF 91: The vehicle even has a sleek look and the ability to run for over 300 miles on a single charge. of customers as on Mar 31, 2021. Then, they seemed to vanish, only popping up a few times before going public in 2021. Get your free Automotive Innovation Report, Get our free newsletter for insights into in technology, startups, and our services. These startups represent some of the most promising self-driving and software firms in the space. Youxia Motors is a niche EV manufacturer that provides high quality production and a wide range of services. Get Grit Dailys latest stories every day in your email. They count clients like Michelin, Coca-Cola, Svenska, and the Port of Helsingborg among their early customers. Artificial Intelligence, Automotive, Machine Learning. Top 3 Accelerators and Incubators Investing in Latvia, Here's an extensive list with the 3 best accelerators and incubators in Latvia, how to validate your startup idea by pre-selling it. Explore our analysis of 269 global vehicle-to-everything startups & scaleups and learn how their solutions impact your automotive business! However, there are some really exciting companies, and even if only a few last in the long run, it is worth paying attention. The Nexar app provides a single source of truth for events that take place on the road. Best known for their self-driving Einride Pod, Einride as a company is completely focused on freight hauling and trucking. Founding Year: 2019 Location: Cypress, Texas, USA Use for: Car Theft Protection, Location Tracking. However, the company has some interesting vehicle ideas that it is trying to push to the market. Hozon is an electric vehicle startup that uses technology to develop intelligent electric vehicle models. If Mullen gets the funding it needs, it could have an exciting future in the world of electric vehicles. Explore our analysis of 327 global production management startups & scaleups and learn how their solutions impact your business! A workhorse. OTTOSEC is an Israeli startup that provides cyber security-as-a-service for the automotive sector as after-market installations and original equipment manufacturer (OEM) integrations. Download our free Automotive Innovation Report for a broad overview of the industry or get in touch for quick & exhaustive research on the latest technologies and emerging solutions that will impact your company in 2022! Expect to see the industry grow around 60% year after year as regulators and cities get more comfortable with the idea of self-driving vehicles with proven track records. As a result, OTTOSEC significantly reduces the chances of car theft as well as telematics malfunctions and misconfigurations. What they do: Every year over 1,200,000 people die in traffic crashes around the world. Unicorns, with their valuations exceeding the billion dollar mark, and even multi-billion mark in a few cases, represent the top Auto E-Commerce & Content startups globally. Another company that appeared in the past but only recently returned is Fisker Inc. As the worlds largest resource for data on emerging companies, the SaaS platform enables you to identify relevant startups, emerging technologies & future industry trends quickly & exhaustively. CARS24 brings buyers and sellers online through an intuitive, tech-enabled platform that simplifies and streamlines the pre-owned car purchase process. Discover 5 Top Automotive Production Management Startups. Rivigo, a technology enabled logistics platform provider, helps customers move goods from origins to destinations with efficiency and reliability. However, the vehicle, currently known as the GS-6, shares much of the same design as the Fisker Karma. And they do not just plan to do this with a single type of vehicle, planning on making: While Arrivals vehicles are not out of the production phase quite yet, they have already started looking into multiple markets. The number of successful companies in the Automotive industry and worth more than $1 billion is becoming increasingly hard to ignore. However, they ultimately shifted their focus, not abandoning eclectic vehicles but focusing on the commercial market. They promised exceptional features, including impressive acceleration. Consequently, it enables EV and fleet owners to establish their own charging infrastructure, which reduces fuel costs. Bollinger began like many other electric vehicle companies, looking to develop a unique car to push out to consumers. The world of electric vehicles is uncertain, and startups fail more often than not, making it even shakier. In particular, the US is pushing electric vehicles and technology, wanting to catch up to other countries like China and Europe. Carsome is a used automobile e-commerce platform that enables individuals and businesses to sell cars efficiently. This enables 24/7 vehicle security and stolen vehicle recovery assistance. The truck is also built using the companys XP platform, which will be available to partners to electrify anything. However, in other markets, you are only likely to see the G3 and P7, though that might change in the future. The battery really stands out, having a square cell designed to charge in as little as 15 minutes with the right charging system. The goal is to get closer to the desired 1,000 miles per charge and cover day-to-day usage entirely. The company currently has two vehicles to choose from, including an SUV and a pickup truck, known as the R1S and R1T, respectively. The company sells sleek vehicles with impressive features. The pickup they are designing promises ample storage and around 600 horsepower with decent torque. There are many exciting EV startups to keep an eye on in 2022, including companies like Rivian and Lucid. 548 Market St. Suite 95149 San Francisco, California, Hesai has formed a deep partnership with Bosch. emerging companies with the potential to disrupt the automotive industry. Automotive, Electric Vehicle, Energy, Manufacturing. Uber is one such name, with the cars being developed for the company, while UPS has already placed an order for delivery vans from Arrival. Haomo.AI is a Chinese autonomous driving startup controlled by Great Wall Motor's Chairman Wei Jianjun. Founding Year: 2020 Location: Zikhron Yaakov, Israel Use for: Automotive Cybersecurity. Startups are hard and achieving success with them is even harder, but here is a list of the 53 most successful Therapeutics companies. And they have already started to receive some attention thanks to their modular electric vehicle platform. Zongmu Technology is a Chinese self-driving tech firm. The company originally appeared as Fisker Automotive, a pioneer of hybrid electric vehicles. They are now looking to make trucks for Classes 3 through 6, providing sturdy and innovative vehicles. Every week, Ill send you Failorys latest interviews and articles and 3 curated resources for founders. Tuhu is an automotive supplier delivering high value, innovative products and services. Mullen currently has three designs that show some serious promise. The Fisker Ocean is an electric SUV that is designed to provide everything you need for a competitive price. WM Motor is an all-electric company that designs, builds, and markets super safe zero emissions vehicles. Ganesh Pawar, Mohit Gupta, Niraj Singh, Ramanshu Mahaur. Theyve already begun deploying their self-driving vehicles in innovative smaller cities across France like Saint-Quentin-en-Yvelines. And it is not hard to see why, either. For instance, it features four in-wheel hub motors that: Additionally, while Lordstown was forced to sell its factory, Foxconn might be the one contracted to make the Endurance. What they do: Like Argo, Ponys built a full-stack software developer solely focused on autonomous vehicles from cars to trucks. Spinny is a used car buying platform enabling trustworthy and hassle-free transactions. Automotive, Electric Vehicle, Energy, Transportation. Their iDar platform focuses on mimicking human perception for vehicles, delivering what they think is best in class sensor technology for self-driving cars. Theyve cleverly identified the opportunity to bring self-driving vehicles to a seldom thought about place: airports. The startups low-cost, standalone, in-vehicle hardware device offers a stateful CANBUS firewall that identifies and prevents damage from cyberattacks. Norel Mancuso, CEO ofSocial House Inc., Explains Why Every Business Needs to Budget for Digital Strategy, Enabld Raises $1.4M to Provide CSPs with Powerful Communications Solutions, Peech Looks to Empower Content Teams with AI with $8.3M In New Funding, Tax Reduction Strategies to Save You Money This Year, New Book Claims Elvis Pressley Died From Genetic Health Problems, Not Drugs, EPA range of up to 520 miles on a full charge, All the bells and whistles you might expect, A solar-powered roof to provide around 1,500 miles per year, Smart Traction that drastically improves the handling, Bells and whistles like improved sound and a spacious interior, The ability to go from 0-60 in 2.39 seconds, Reduces the number of moving parts for reduced maintenance needs, Increase a drivers control over the vehicle. Moreover, the solution is managed centrally using a network security center. Of course, it costs more than a traditional car, but Lucid has plans for the future that involve more vehicles at different price points. Read on below for our list of the most innovative autonomous vehicle startups - from robotaxi startups to software companies - creating cutting-edge vehicle technology. German startup sun2wheel develops smart charging and storage stations for EV charging at homes, apartments, and small & medium-sized enterprises (SME). Its other EVs include: The company has also started expanding into other countries, aside from China. Shift is an online marketplace for buying and selling used cars. Looking for automotive solutions that match your criteria? It is a vehicle that has a luxurious feel, including both the interior and exterior of the vehicle. Automotive, Freight Service, Logistics, Supply Chain Management, Transportation. What they do: WeRide is the first company in the world to have driverless test permits for both America and China. Even if you are not interested in the truck, the battery alone makes it one to watch. With the first batch of vehicles on the horizon, Fisker is a company to monitor in the coming year. Discover 5 Top Vehicle-to-Everything (V2X) Startups impacting Automotive. As you can see from our list, the amount of innovation happening worldwide in the autonomous space is staggering. JavaScript is disabled in your browser. No. Weve been hearing about the promise of autonomous vehicles for years. Discover 5 hand-picked Automotive Startups to Watch in 2022 in this report & learn what their solutions have in store for your business! And it is quite the vehicle, with a range of over 300 miles, luxury interiors, and an advanced driver assistance system. What they do: AEye boasts military-grade performance for autonomous vehicles. The company is testing out its platform in 7 of the most challenging driving cities in the world: Detroit, Munich, Miami, Palo Alto, Pittsburgh, D.C., and Austin. Black Sesame Technologies is an artificial intelligence (AI) digital imaging technology company focused on developing solutions for real-world AI difficulties. Their vehicles have been successful, too, especially in China, with their sales numbers growing every year. Hesai has formed a deep partnership with Bosch, one of the worlds most respected auto parts manufacturers. The company even plans to have solar panels built into the vehicle, providing upward of 40 miles of charge per day. Here's a list of 53 failed B2B startups, analyses on why they shut down, and interviews with their founders. Bangkok is home to hundreds of startups and you can find the 7 best ones in this article. They currently have four models for sale in their home country, which include the P5, P7, G3i, and G9. Of course, they have been on the outskirts of the game for some time, starting in 2007 with EV batteries and powertrains. Thats why we decided to put together this list of 35 Automotive companies that have achieved the Unicorn status. The 53 Best Therapeutics Fast-Growing Startups. Curious about new technological advancements in the automotive industry? Automotive, E-Commerce, E-Commerce Platforms, Online Portals. Another company developing a pickup suited for commercial use and heavy-duty workloads is Atlis. Canoo started when a few people from another electric vehicle startup, Faraday Future, decided to branch out on their own. They aim to make a real impact, and they plan to do it without sacrificing performance. Download The List of the100 Highest-Valued Unicorns, Download The List of the100 Highest-Valued Private Startups, Get Our List of 8,000+ Europe-Based Startups, Download Our List of The Top 100 Accelerators & Incubators, Get Free Access to The Founder's Handbook, The All-In-One Newsletter for Startup Founders, 3 Failed Crypto Startups & the Reasons Behind. Their ability to deliver vehicles promptly has taken a hit, and there have been some internal issues. It is also interesting to note that nearly half of the funding has been raised in the last 3 years (2019-2021).Y Combinator, Sequoia Capital, 500 Global, Plug and Play Tech Center, FJ Labs, are amongst the most active investors in this sector, by the number of investments.Online dealer, B2C marketplace, C2B marketplace, internet first insurer, P2P marketplace, are some of the top business models attracting major funding.We, at Tracxn, keep a track of the latest happenings in the world of startups and their associated ecosystems including venture capital funds, private equity funds and investment banks amongst others.In this edition, we have the Auto E-Commerce & Content startups 2022 a curated list of the most promising startups leading the Auto E-Commerce & Content industry, from across the globe. You just might see one of the vehicles driving past you sometime soon! Automotive, Electric Vehicle, Industrial Design, Manufacturing. While they are not the only Chinese company looking to get into the electric vehicle market, NIO has done a good job of preparing for a leap onto the larger stage. The FIVE first debuted in 2021, making it the newest of their vehicles. However, in 2016, the CEO, Henrik Fisker, formed Fisker Inc. As a result, the startups customers get access to sustainable and risk-free convenient mobility. The Postlight Podcast is your weekly source for answers to tough leadership questions, and candid conversations on tech, business, ethics and culture. KAVAK is a fast-paced marketplace that enables car dealers and private sellers to communicate directly with serious buyers. Their vehicles also come with features that include things like driver assistance, intelligent in-car systems, and fantastic acoustics. Who knows, it might not even be long before they see a meteoric rise. Faraday Future first made some noise in 2017 with their FF 91 exciting consumers. McKinsey predicts that by 2030, vehicles that are fully autonomous will be able to operate anywhere, anytime with Level 5 technology, the highest standard of technology available. Automotive, E-Commerce, Information Services, Information Technology, Software. In fact, Norway received over 24,000 ES8, ES6, and EC6 vehicles in 2021. The Auto E-Commerce & Content has over 7.4K+ startups that comprise companies that are engaged in providing online-first companies that facilitate buying, selling, and maintenance of vehicles along with allied services. The 74 Most Well-Known Startups from Cologne. Out of 2 373, the 5 automotive startups to watch are chosen through the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 2 093 000+ startups & scaleups globally. Curious about startups that will impact the automotive industry? It aims to create lightweight, affordable electric vehicles that can compete with the prices of traditional vehicles. Minus Zero is an Indian startup that develops level-5 autonomous electric vehicles. But the reason is not entirely a good one. A content site for startups founders. Different modules range from perception (advanced sensors) to planning and control (prepares for outlier events like a car accident in front of you). BYTON is a global company that designs, develops, and markets smart connected electric vehicles. The platform is versatile, allowing for the creation of a variety of vehicle designs, which already include a: The designs are interesting, with more angles and less sleekness than your ordinary vehicle. In addition, SafePoint GPS significantly improves the security of a connected car through geofencing and promptly identifying unauthorized movements. Lordstown has been through some ups and downs over the past few years, including selling its factory to Foxconn. Therefore, it is a good idea to monitor EV startups, both because there are exciting vehicles on the horizon and plenty of investment opportunities. What they do: Nuro achieved press and fanfare when it was announced they had the first deployment permit for autonomous vehicles in California. Lordstown Motors is an interesting company, especially when placed next to all of the others on the list. Aptera has lofty ambitions, looking to provide a vehicle that can get around 1,000 miles between charges. It all starts with their upcoming model, the Fisker Ocean. It plans on having some great features, including: Fisker has a solid plan, and they have spoken about potentially releasing their Fisker Ocean this year. SafePoint GPS provides vehicle owners with real-time car health awareness while reducing insurance costs. Sleek branding highlights their eco-friendly ethos and their unmistakable green and white shuttles ferrying passengers back and forth. Watch out for these companies in the coming years as they take on the journey to becoming the elite Unicorns. And the results are promising, with it looking like the company has a chance to shed its startup status in a few years. (, Click to download our free Automotive report. Thousands of new startups are founded every year emerging companies with the potential to disrupt the automotive industry. Meet 5 of the most promising startups to watch! At the same time, the level 5 autonomy ensures the safety of the vehicle owners and other travelers who share the road, reducing accidents due to driver negligence. More importantly, Atlis hopes to begin production this year, making it an ideal company to keep an eye on. Hopefully, they will hit the market in the near future. What they do: Founded in 2014, Hesai develops LiDAR technology which measures distances by bouncing laser lights off surrounding objects. Leapmotor is poised to become a leading brand in Chinas burgeoning electric vehicle market. Their artificial intelligence mimics the brain of a mammal, enabling vehicles to learn, identify scenarios before they happen, and react to dangerous situations. enable it to enjoy the full features of Tracxn. Their goal is to create vehicles that do not require you to sacrifice comforts when driving an electric vehicle. Join +20,000 other startup founders! Curious about new technological advancements in the automotive industry? Apart from OEMs, it also serves manufacturers of electronic control units (ECU), infotainment systems, alarms, smart terminals, and vehicle-to-everything (V2X) units. They also have ideas about a smaller and more affordable vehicle. And the P7 promises even more when it comes to range and features. However, their unique design is meant to help bridge the gap. Doron Myersdorf, Gil Rosenman, Simon Litsyn, Advanced Materials, Automotive, Battery, Electric Vehicle. YH Global provides comprehensive transport distribution solutions that enable cost savings, faster turnaround times, and improved efficiency. The company also plans to include some interesting features: While none of the features are revolutionary, it sounds like a solid electric vehicle.