# New Electric Mobility Startups Founded Since 2020: Market Map 2026 (44 Companies)

> 44 electric mobility startups founded in 2020 or later, mapped in 5 segments, best-funded first: $414M raised. Updated nightly.

Source: https://millionrounds.com/market-maps/new-electric-mobility-startups-market-map (Millionrounds; every figure on the page links to its filing or article)

## Electric two-wheelers

27

- [alva](https://millionrounds.com/company/alva)
- [Vammo](https://millionrounds.com/company/vammo)
- [Dodai](https://millionrounds.com/company/dodai)
- [Dance](https://millionrounds.com/company/dance)
- [Ridepanda](https://millionrounds.com/company/ridepanda)
- [*P* Pogo](https://millionrounds.com/company/pogo)
- [Rybit](https://millionrounds.com/company/rybit)
- [Lemmo](https://millionrounds.com/company/lemmo)
- [Oben Electric](https://millionrounds.com/company/oben-electric)
- [Whizz](https://millionrounds.com/company/whizz)
- [Boundless Rider](https://millionrounds.com/company/boundless-rider)
- [Bang Jamin](https://millionrounds.com/company/bang-jamin)
- [Velca](https://millionrounds.com/company/velca)
- [Popwheels](https://millionrounds.com/company/popwheels)
- [Talet-e](https://millionrounds.com/company/talet-e)
- [FTN Motion](https://millionrounds.com/company/ftn-motion)
- [Evify](https://millionrounds.com/company/evify)
- [Zen Electric Bikes](https://millionrounds.com/company/zen-electric-bikes)
- [Neold](https://millionrounds.com/company/neold)
- [KUHMUTE](https://millionrounds.com/company/kuhmute)
- [Niche Mobility](https://millionrounds.com/company/niche-mobility)
- [FreeFlow Technology](https://millionrounds.com/company/freeflow-technology)
- [Flasher](https://millionrounds.com/company/flasher)
- [Spark SuperApp](https://millionrounds.com/company/spark-superapp)

+3 more

## Electric trucks and buses

5

- [BasiGo](https://millionrounds.com/company/basigo)
- [Revoy](https://millionrounds.com/company/revoy)
- [Shift EV](https://millionrounds.com/company/shift-ev)
- [Forum Mobility](https://millionrounds.com/company/forum-mobility)
- [Solarbox Africa](https://millionrounds.com/company/solarbox-africa)

## Electric boats and aircraft

5

- [Arc Boats](https://millionrounds.com/company/arc-boats)
- [Flamingo Marine](https://millionrounds.com/company/flamingo-marine)
- [BlueNav](https://millionrounds.com/company/bluenav)
- [Navia](https://millionrounds.com/company/navia)
- [Aqua Superpower](https://millionrounds.com/company/aqua-superpower)

## EV components

4

- [Enode](https://millionrounds.com/company/enode)
- [Olympian Motors](https://millionrounds.com/company/olympian-motors)
- [Telematica](https://millionrounds.com/company/telematica)
- [NoMIS Power Group](https://millionrounds.com/company/nomis-power-group)

## Shared micromobility

3

- [Drover AI](https://millionrounds.com/company/drover-ai)
- [BeeToGreen](https://millionrounds.com/company/beetogreen)
- [Mobi Latam](https://millionrounds.com/company/mobi-latam)

## Segment by segment

### Electric two-wheelers

27 startups · $217M raised

- [**alva**](https://millionrounds.com/company/alva) ALVA is an Indonesian electric two-wheeler brand established in 2021 by PT Ilectra Motor Group, a subsidiary of Indika Energy. Indonesia $54M
- [**Vammo**](https://millionrounds.com/company/vammo) Vammo, formerly Leoparda Electric, is a company that manufactures electric motorcycles. Brazil $45M
- [**Dodai**](https://millionrounds.com/company/dodai) Dodai is an Ethiopian electric motorcycle manufacturer based in Addis Ababa, founded by Japanese entrepreneur Yuma Sasaki. Ethiopia $17M
- [**Dance**](https://millionrounds.com/company/dance) Dance is an e-bike subscription service where users pay a monthly fee that covers their bikes and provides an all-inclusive support package. Germany $13M
- [**Ridepanda**](https://millionrounds.com/company/ridepanda) Ridepanda is a San Francisco-based micromobility platform founded in 2020. United States $13M
- [*P* **Pogo**](https://millionrounds.com/company/pogo) POGO is an electric scooters renting platform through the mobile application. United States $12M
- [**Rybit**](https://millionrounds.com/company/rybit) Rybit is a global micro-mobility company founded in 2019 in Taiwan and headquartered in San Francisco, California. United States $10M
- [**Lemmo**](https://millionrounds.com/company/lemmo) LEMMO, also known as Lemmo Future, is a Berlin-based startup focused on light electric micro-mobility solutions. Germany $10M

### Electric trucks and buses

5 startups · $80M raised

- [**BasiGo**](https://millionrounds.com/company/basigo) BasiGo is a Kenyan electric bus company founded in 2021, headquartered in Nairobi. Kenya $42M
- [**Revoy**](https://millionrounds.com/company/revoy) Revoy is a private automotive technology startup based in San Francisco, founded in 2020 by Ian Rust. United States $27M
- [**Shift EV**](https://millionrounds.com/company/shift-ev) Shift EV is an electric mobility technology startup based in Cairo, Egypt, focused on electrifying commercial vehicle fleets in em Egypt $6.2M
- [**Forum Mobility**](https://millionrounds.com/company/forum-mobility) Forum Mobility provides zero-emission drayage turnkey battery electric truck and charging solutions for fleets and drivers. United States $4.5M
- [**Solarbox Africa**](https://millionrounds.com/company/solarbox-africa) Solarbox Africa is an electric mobility and renewable energy company based in Dakar, Senegal, founded in 2022. Senegal $1.0M

### Electric boats and aircraft

5 startups · $92M raised

- [**Arc Boats**](https://millionrounds.com/company/arc-boats) Arc Boats is an electric boat manufacturer offering a seamlessly connected boating experience. United States $70M
- [**Flamingo Marine**](https://millionrounds.com/company/flamingo-marine) Flamingo Marine is a design and technology company based in Wisconsin, founded in 2022. United States $21M
- [**BlueNav**](https://millionrounds.com/company/bluenav) BlueNav develops innovative solutions that convert any boat normally propelled by combustion engines, into a hybrid electric boat. France $1.3M
- [**Navia**](https://millionrounds.com/company/navia) Navia Yachts is an Italian startup founded in 2022, based in Rome. Italy $225K
- [**Aqua Superpower**](https://millionrounds.com/company/aqua-superpower) Aqua Superpower is a dockside network of rapid chargers for electric boats that has been entirely marinised. United Kingdom $111K

### EV components

4 startups · $17M raised

- [**Enode**](https://millionrounds.com/company/enode) Enode is a SaaS technology company based in Oslo, Norway, founded in 2020. Norway $15M
- [**Olympian Motors**](https://millionrounds.com/company/olympian-motors) Olympian Motors is an electric vehicle (EV) and technology company founded in 2021 and based in New York, NY. United States $1.3M
- [**Telematica**](https://millionrounds.com/company/telematica) Telematica, operated by Martian Mobility Inc., is a software platform that provides a unified API for integrating and optimizing d United States $500K
- [**NoMIS Power Group**](https://millionrounds.com/company/nomis-power-group) NoMIS Power is a developer of power semiconductors for electric vehicles, subways, airplanes, and industrial motors. United States $256K

### Shared micromobility

3 startups · $7.3M raised

- [**Drover AI**](https://millionrounds.com/company/drover-ai) Drover AI is a technology company founded in 2020, specializing in AI-powered computer vision for micromobility vehicles. United States $5.4M
- [**BeeToGreen**](https://millionrounds.com/company/beetogreen) BeeToGreen is a French startup founded in 2020 and based in Paris, specializing in micromobility solutions for the corporate sector. France $1.7M
- [**Mobi Latam**](https://millionrounds.com/company/mobi-latam) Mobi Latam is a Bolivian clean-energy startup founded in November 2020 by Ariel Revollo, Juan Velasco, and Daniel Revollo. Bolivia $180K

**How this map is made.** Every startup here has raised money in rounds we track, and was founded in 2020 or later. It joins the map when its sectors, read from its rounds, or the opening of its own description say it works in electric mobility, and goes to the first segment whose words it carries. Each segment shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

## More market maps

[All maps](https://millionrounds.com/market-maps)

[Market map **Electric mobility market map** 160 startups · 6 segments · $6.1B](https://millionrounds.com/market-maps/electric-mobility-market-map)[Investors map **Who invests in electric mobility** 44 investors · 4 segments](https://millionrounds.com/market-maps/electric-mobility-investors-map)[Market map · Europe **Electric mobility market map: Europe** 60 startups · 5 segments · $1.2B](https://millionrounds.com/market-maps/electric-mobility-europe-market-map)[Market map · United States **Electric mobility market map: United States** 39 startups · 4 segments · $2.0B](https://millionrounds.com/market-maps/electric-mobility-united-states-market-map)[Market map **Marketing tech market map** 1,963 startups · 7 segments · $41B](https://millionrounds.com/market-maps/marketing-tech-market-map)[Market map **Fintech market map** 1,633 startups · 8 segments · $139B](https://millionrounds.com/market-maps/fintech-market-map)

## Who backs electric mobility?

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