The electric motors for electric vehicles industry focuses on developing efficient and innovative solutions for powering electric mobility. With the global shift towards sustainable transport, companies are pivoting towards electric motors to meet growing energy demands. This industry includes manufacturers of various electric motor types, drive systems, and components that cater to automotive, marine, and aerospace applications. There’s a shift towards integrating advanced technologies, such as artificial intelligence and smart systems, to enhance performance. As electric vehicle adoption rises, the industry is heading towards creating motors that are lighter, more compact, and environmentally friendly, ensuring a cleaner transport future.

The companies listed here represent a mix of well-established manufacturers and newer entrants in the electric motors market. Headquartered across the UK, Canada, USA, and India, these firms range in size from small startups to larger corporate operations with hundreds of employees. Many were founded in the last two decades, demonstrating rapid growth and innovation in electric drive systems. Their specialties include high-performance motors, power electronics, and integrated solutions aimed at enhancing the efficiency and sustainability of electric vehicles. Notably, firms like Yasa and Accelerated Systems highlight distinct innovation pathways in electric mobility.

Read on to discover the top electric motors for electric vehicles companies.

Top 27 Electric Motors For Electric Vehicles Companies

1. Yasa

• Website: yasa.com
• Ownership type: Corporate
• Headquarters: Kidlington, England, United Kingdom (UK)
• Employee distribution: United Kingdom (UK) 99%
• Latest funding: Other (Grant), $26.0M, September 2023
• Founded year: 2009
• Headcount: 201-500
• LinkedIn: yasa-motors

Yasa Limited, founded in 2009 and based in Kidlington, England, is an electric motor manufacturer that focuses on axial flux technology. The company designs and produces high-performance electric motors and controllers primarily for the automotive industry, but their applications extend to marine and aerospace sectors as well. Yasa's innovative axial flux motors are known for being up to four times more powerful than conventional motors while being approximately 50% smaller and lighter. This technology has been adopted by prestigious automotive brands, including Ferrari and Mercedes-Benz, highlighting Yasa's role in advancing electric vehicle performance. In 2021, Yasa became a wholly owned subsidiary of Mercedes-Benz, further solidifying its position in the market. Recently, Yasa secured over £25 million in funding, which will support their ongoing research and development efforts, particularly in creating new electric drive technologies. The company continues to push the boundaries of electric motor design, aiming to enhance efficiency and performance in various applications.

2. Accelerated Systems Inc.

• Website: acceleratedsystems.com
• Ownership type: Corporate
• Headquarters: Waterloo, Ontario, Canada
• Employee distribution: Canada 100%
• Latest funding: Other (Grant), $800,000, March 2018
• Founded year: 2004
• Headcount: 51-200
• LinkedIn: accelerated-systems-inc

Accelerated Systems Inc., based in Waterloo, Ontario, Canada, was founded in 2004 and has since established itself as a key player in the electric mobility sector. The company specializes in electric motors and systems, offering a comprehensive suite of products that includes electric motors, motor controllers, and integrated solutions tailored for electric vehicles. Their technology is utilized in various applications, including eBikes, eScooters, eMotorcycles, and outdoor power equipment. With a commitment to enhancing performance and sustainability, Accelerated Systems serves manufacturers in the electric vehicle industry, providing innovative solutions that meet the evolving needs of the market. The company has also secured funding, indicating a focus on growth and development within the electric mobility space.

3. Linear Labs Inc.

• Website: linearlabsinc.com
• Ownership type: Venture Capital
• Headquarters: Fort Worth, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Series A, $17.0M, March 2022
• Founded year: 2014
• Headcount: 11-50
• LinkedIn: linear-labs

Linear Labs Inc., founded in 2014 and based in Fort Worth, Texas, is an electric motor manufacturer that specializes in integrated electrification solutions. The company designs and produces high-performance electric motors and controllers, with a particular focus on the electric vehicle, HVAC, and logistics sectors. Their innovative technology aims to enhance efficiency and torque, addressing the growing demand for sustainable energy solutions. Linear Labs has developed the HET Light Series, which is noted for its high torque density and efficiency, making it suitable for various applications including light electric vehicles and autonomous robots. The company has raised $17 million in Series A funding as of March 2022, reflecting strong investor interest in their advanced motor technology and its applications in the electric vehicle market.

4. Jing-jin Electric North America LLC

• Website: en.jjecn.com
• Ownership type: Private
• Headquarters: Farmington Hills, Michigan, United States (USA)
• Employee distribution: United States (USA) 82%, Mexico 6%, China 6%, Other 6%
• Founded year: 2013
• Headcount: 51-200
• LinkedIn: jing-jin-electric-north-america-llc

Jing-jin Electric North America LLC, founded in 2013 and based in Farmington Hills, Michigan, is a technology firm focused on electric drive systems. The company develops and manufactures a range of products including electric motors, power electronics, and integrated electric driving modules specifically designed for passenger and commercial vehicles. With a workforce of around 33 employees, Jing-jin Electric serves automotive manufacturers, providing solutions that meet the demands of the rapidly changing electric vehicle market. The company has a significant presence in the United States, with additional operations in Mexico, China, and Italy. Their commitment to quality is reflected in their manufacturing processes and their recognition as a reliable supplier in the automotive industry. Jing-jin Electric actively participates in industry conferences and exhibitions, showcasing their innovative products and technologies, which further solidifies their role in the electric vehicle sector.

5. SEG Automotive

• Website: seg-automotive.com
• Ownership type: Private
• Headquarters: Stuttgart, Baden-Württemberg, Germany
• Employee distribution: India 26%, Germany 23%, Brazil 22%, Other 29%
• Latest funding: January 2018
• Founded year: 2018
• Headcount: 5001-10000
• LinkedIn: seg-automotive

SEG Automotive, based in Stuttgart, Germany, is an automotive manufacturer that specializes in powertrain components. Founded in 2018, the company has roots that trace back over a century, with a history that began with the invention of the first starter motors and generators. Today, SEG Automotive produces a range of products, including starter motors, generators, and high voltage e-machines, catering to the needs of automotive OEMs globally. Their focus on enhancing vehicle efficiency and compliance with emissions regulations positions them as a key player in the transition towards electrified mobility. The company operates in various markets, with a significant presence in India, Germany, Brazil, and Mexico. SEG Automotive's commitment to innovation is evident in their development of 48V e-machines for mild hybrids and high voltage traction solutions, which are crucial for the electrification of vehicles. Their products are designed to meet the demands of modern automotive applications, ensuring reliability and efficiency across different vehicle types, from passenger cars to commercial vehicles.

6. hofer powertrain

• Website: hoferpowertrain.com
• Ownership type: Corporate
• Headquarters: Germany
• Employee distribution: Germany 25%, United Kingdom (UK) 24%, Hungary 19%, Other 32%
• Latest funding: November 2021
• Founded year: 1980
• Headcount: 501-1000
• LinkedIn: hofer-powertrain

hofer powertrain is a corporate entity based in Germany, founded in 1980. The company specializes in powertrain solutions for the automotive industry, with a strong emphasis on electrification and hybridization. With a workforce of around 225 employees, hofer powertrain has built a reputation for delivering innovative technologies and efficient systems over its four-decade history. Their expertise includes a wide range of products and engineering services, such as electric drive units, power electronics, and battery solutions, aimed at automotive manufacturers and mobility companies. The company has been involved in significant projects with major automotive players, contributing to the development of advanced electric and hybrid powertrains. Their commitment to quality and efficiency is reflected in their engineering services, which cover everything from concept development to production. hofer powertrain operates globally, with a presence in multiple countries, ensuring they can meet the needs of their clients effectively.

7. Tsuyo Manufacturing Pvt LTD

• Website: tsuyo.co.in
• Ownership type: Corporate
• Headquarters: New Delhi, Delhi, India
• Employee distribution: India 100%
• Latest funding: December 2022
• Founded year: 2020
• Headcount: 51-200
• LinkedIn: tsuyo-manufacturing-pvt-ltd

Tsuyo Manufacturing Pvt LTD, established in 2020 and based in New Delhi, India, specializes in the design and production of electric vehicle components. The company focuses on creating high-quality solutions such as electric motors, drives, gearboxes, and other essential parts for electric vehicles. Tsuyo aims to support automotive manufacturers by enhancing their electric vehicle offerings with innovative and sustainable products. The founders bring over 15 years of experience from notable companies in the automotive sector, which strengthens Tsuyo's position in the industry. Their commitment to quality and customer satisfaction is evident in their robust testing protocols and integrated management systems. Tsuyo is also recognized for its participation in industry events, showcasing its dedication to innovation and excellence in the electric vehicle market.

8. Physics Motors

• Website: physicsmotors.com
• Ownership type: Venture Capital
• Headquarters: Hubballi, Karnataka, India
• Employee distribution: India 100%
• Latest funding: Seed, March 2022
• Founded year: 2019
• Headcount: 11-50
• LinkedIn: physicsmotors

Physics Motors, founded in 2019 and based in Hubballi, Karnataka, India, is a manufacturer dedicated to electric vehicle drive train technology. The company specializes in designing and producing a variety of electric motors, including hub motors and BLDC motors, specifically for the electric vehicle market. Their products are crafted with a focus on high quality and performance, catering primarily to electric vehicle manufacturers looking for reliable, indigenous solutions. Physics Motors emphasizes local sourcing for all motor components, which not only supports the Indian economy but also enhances the sustainability of their operations. The company is committed to innovation, with a strong emphasis on research and development to meet the unique demands of Indian road conditions. Their offerings include advanced sealing technologies and robust electromagnetic designs, ensuring durability and efficiency in their motors. Physics Motors aims to elevate the standards of electric vehicle performance in India and beyond.

9. Shakti Ev Mobility Private Limited

• Website: shaktievmobility.com
• Ownership type: Private
• Headquarters: Pithampur, Madhya Pradesh, India
• Employee distribution: India 100%
• Founded year: 2013
• Headcount: 1001-5000
• LinkedIn: shakti-ev-mobility-private-limited

Shakti Ev Mobility Private Limited, established as a subsidiary of Shakti Pumps (India) Limited, specializes in the production of electric vehicle components. Founded in 2021, the company operates from Pithampur, Madhya Pradesh, India, and focuses on manufacturing BLDC motors, controllers, chargers, and variable frequency drives (VFDs) tailored for electric vehicles. Leveraging the parent company's extensive experience in motor manufacturing, Shakti Ev Mobility aims to optimize battery performance and enhance vehicle efficiency. The company is equipped with a state-of-the-art manufacturing facility and an in-house R&D center, which underscores its commitment to innovation in the rapidly growing electric vehicle market. Shakti Ev Mobility is poised to contribute significantly to the electric vehicle industry by providing essential components that meet the increasing demand for electric mobility solutions.

10. Zapi Group

• Website: zapigroup.com
• Ownership type: Corporate
• Headquarters: Reggio Emilia, Emilia-Romagna, Italy
• Employee distribution: Italy 71%, United States (USA) 10%, China 7%, Other 12%
• Latest funding: December 2021
• Founded year: 1975
• Headcount: 1001-5000
• LinkedIn: zapi-group

Zapi Group, based in Reggio Emilia, Italy, is a technology provider that specializes in electrification solutions for electric and hybrid vehicles. Established in 1975, the company has built a comprehensive portfolio that includes motion controllers, electric motors, and battery chargers. Zapi Group primarily serves original equipment manufacturers (OEMs) in the automotive sector, providing high-quality components that enhance vehicle performance. With a workforce of over 1,700 employees and a strong focus on research and development, Zapi Group is committed to driving innovation in the electrification space. Their products are utilized across various applications, including e-mobility, construction equipment, and material handling, showcasing their adaptability and expertise in the industry.

11. XPT Global

• Website: xptglobal.com
• Ownership type: Private
• Headquarters: Shanghai, Shanghai, China
• Employee distribution: China 100%
• Founded year: 2015
• Headcount: 1001-5000
• LinkedIn: xpt-global

XPT Global, established in 2015 and based in Shanghai, China, is an electric vehicle technology company that specializes in manufacturing electric drive systems and components. The company is dedicated to providing high-performance solutions that enhance the efficiency and reliability of electric vehicles. XPT collaborates with prominent automotive brands, contributing to the advancement of electric vehicle technology and the renewable energy sector. Their product lineup includes advanced induction and permanent magnet electric drive systems, which are critical for the performance of electric vehicles. XPT has made significant strides in production, achieving milestones such as the production of over 200,000 electric drive systems within a few years. The company has also received recognition in industry rankings, placing among the top electric drive system manufacturers in China. With a strong focus on research and development, XPT aims to expand its market presence and continue innovating in the electric vehicle space.

12. Metalrota Srl

• Website: metalrota.it
• Ownership type: Private
• Headquarters: Modena, Missouri, United States (USA)
• Employee distribution: Italy 100%
• Founded year: 1965
• Headcount: 51-200
• LinkedIn: metalrota

Metalrota Srl, based in Modena, Italy, has been a prominent player in the electric propulsion systems market since its founding in 1965. The company specializes in manufacturing electric motors, motor wheels, and integrated propulsion systems tailored for various applications, including automotive, logistics, and agriculture. With a strong emphasis on custom solutions, Metalrota caters to the specific needs of its clients, enhancing vehicle performance and promoting sustainability. Their product range includes AC, DC, and brushless motors, as well as motorized axles and dual drive systems. Metalrota is dedicated to maintaining high production quality and adheres to strict environmental standards, ensuring that their products meet the demands of modern electric mobility. The company operates entirely in Italy, reflecting its commitment to local manufacturing and expertise in the field.

13. Emotors

• Website: emotors.com
• Ownership type: Private
• Headquarters: Issy-Les-Moulineaux, Île-De-France, France
• Employee distribution: France 100%
• Founded year: 2018
• Headcount: 501-1000
• LinkedIn: nidec-psa-emotors

Emotors, founded in 2018 and based in Issy-Les-Moulineaux, France, is a joint venture between Stellantis Group and Nidec Leroy-Somer. The company focuses on developing electric drive systems tailored for the automotive industry. Emotors offers a range of products, including full e-axles and various e-drives, designed to meet the evolving needs of electric and hybrid vehicles. With a workforce of approximately 740 employees, Emotors emphasizes research and development to drive innovation in electric mobility. Their commitment to sustainability and advanced technology is evident in their product offerings, which aim to support automotive manufacturers in enhancing their electric vehicle capabilities. Emotors operates entirely in France, showcasing a strong local presence in the electric vehicle sector.

14. Motogen

• Website: motogen.com
• Ownership type: Private
• Headquarters: Tabriz, East Azerbaijan, Iran
• Employee distribution: Iran 100%
• Founded year: 1973
• Headcount: 501-1000
• LinkedIn: motogen

Motogen, established in 1973 in Tabriz, Iran, is a prominent manufacturer of electric motors. The company specializes in a wide array of electric motors for industrial, automotive, and household applications. With a workforce of around 500 employees, Motogen has built a reputation for quality and energy efficiency over its 45 years in the industry. They produce various types of electric motors, including those tailored for electric vehicles, showcasing their ability to adapt to market needs. Their commitment to energy efficiency is evident in their production processes, which meet international standards. Motogen also exports its products to markets across Asia, Africa, and Europe, indicating a robust operational footprint beyond Iran. Despite not having reported any recent funding, their established presence and experience position them as a significant player in the electric motor manufacturing sector.

15. GEM motors d.o.o.

• Website: gemmotors.si
• Ownership type: Private
• Headquarters: Kamnik, Kamnik, Slovenia
• Employee distribution: Slovenia 100%
• Latest funding: Other (Grant), $60,000, January 2015
• Founded year: 2010
• Headcount: 11-50
• LinkedIn: gemmotors

GEM motors d.o.o., based in Kamnik, Slovenia, is a private company founded in 2010 by Dr. Simon Mandelj. The company focuses on developing innovative electric drive solutions, particularly in-wheel motors for small and light electric vehicles. GEM motors offers customized motor and powertrain development services, catering to the specific needs of manufacturers in the electric mobility sector. Their products are designed to enhance vehicle performance and efficiency, addressing the growing demand for sustainable transportation solutions. The company has a strong emphasis on research and development, boasting a portfolio of 22 patents and multiple awards for their technological advancements. GEM motors is committed to shaping the future of light electric mobility, contributing to various urban e-mobility projects across Europe. They have also received funding in the form of a grant, which supports their ongoing innovation efforts.

16. Advanced Electric Machines

• Website: advancedelectricmachines.com
• Ownership type: Private Equity
• Headquarters: Washington, England, United Kingdom (UK)
• Employee distribution: United Kingdom (UK) 96%, United States (USA) 4%
• Latest funding: Series A, $28.3M, November 2023
• Founded year: 2017
• Headcount: 51-200
• LinkedIn: advanced-electric-machines-ltd

Advanced Electric Machines (AEM) is a technology company based in Washington, England, specializing in the manufacturing of electric motors. Established in 2017, AEM focuses on providing sustainable electric powertrain solutions across multiple sectors, including automotive and aerospace. Their innovative products, particularly the HDSRM series, are designed to enhance performance while eliminating the use of rare earth materials, addressing a critical environmental concern. AEM collaborates with global manufacturers to promote greener mobility, and their technology is applicable in various vehicles, from passenger cars to commercial and off-highway applications. The company has recently secured over £28 million in funding, reflecting its growth and commitment to advancing electric motor technology. AEM's mission is to deliver high-performance, recyclable electric motors that contribute to a more sustainable future.

17. Traxial

• Website: traxial.com
• Ownership type: Venture Capital
• Headquarters: Kortrijk, Flanders, Belgium
• Employee distribution: Belgium 100%
• Latest funding: $22.0M, September 2022
• Founded year: 2019
• Headcount: 11-50
• LinkedIn: traxial

Traxial, based in Kortrijk, Belgium, is an electric motor manufacturer that focuses on high-performance yokeless axial flux motors tailored for the electric mobility sector. Established in 2019, the company aims to revolutionize electric powertrains by providing advanced electric drive units and gearbox systems primarily for automotive manufacturers and electric vehicle developers. Traxial's technology is designed to enhance performance and efficiency, addressing the growing needs of the electric vehicle market. The company has received significant funding, totaling €22 million in 2022, which underscores its potential and the confidence investors have in its innovative solutions. With a dedicated team and a clear vision, Traxial is positioned to play a crucial role in the electrification of mobility, offering solutions that cater to a variety of vehicle types, from passenger cars to commercial vehicles.

18. Sterling Gtake E-mobility LTD.

• Website: sterlinggtake.com
• Ownership type: Private
• Headquarters: Faridabad, Haryana, India
• Employee distribution: India 100%
• Founded year: 2018
• Headcount: 51-200
• LinkedIn: sterlinggtake

Sterling Gtake E-mobility LTD. is a private company based in Faridabad, Haryana, India, founded in 2018. The company specializes in manufacturing electric motor controllers and motors tailored for the electric vehicle industry. They provide application support and after-sales services to automotive manufacturers, assisting them in developing efficient electric vehicle solutions. Sterling Gtake operates in India and collaborates with various partners to enhance their product offerings. Their engineering team, which includes professionals with extensive experience in motor control and power electronics, is dedicated to research and development, ensuring high-quality standards in their products. The company is a joint venture between Sterling Tools Ltd and Jiangsu Gtake Electric Co. Ltd., reflecting a strategic partnership aimed at localizing motor control unit production for battery and hybrid electric vehicles in India.

19. EVR Motors

• Website: evr-motors.com
• Ownership type: Venture Capital
• Headquarters: Petah Tikva, Center, Israel
• Employee distribution: Israel 71%, India 29%
• Latest funding: Series A, July 2022
• Founded year: 2012
• Headcount: 11-50
• LinkedIn: evr-motors

EVR Motors, founded in 2012 and based in Petah Tikva, Israel, is an electric motor manufacturer that specializes in advanced motor technologies. The company is dedicated to developing compact and efficient electric motors for both automotive and industrial applications. Their innovative approach addresses the increasing demand for performance and sustainability in the electric vehicle sector. EVR Motors has made strides in reducing dependence on rare earth materials, which is a significant concern in the industry. Their patented Trapezoidal Stator topology allows for the creation of motors that are not only smaller and lighter but also deliver superior power and torque density. This technology positions them as a valuable partner for automotive manufacturers seeking cutting-edge electric motor solutions. The company operates with a workforce primarily based in Israel and India, reflecting its commitment to local economies while also tapping into global markets.

20. Abhinava Rizel

• Website: abhinavarizel.com
• Ownership type: Corporate
• Headquarters: Chennai, Tamil Nadu, India
• Employee distribution: India 100%
• Latest funding: September 2022
• Founded year: 2018
• Headcount: 51-200
• LinkedIn: abhinava-rizel

Abhinava Rizel is a technology company based in Chennai, Tamil Nadu, India, founded in 2018. The company focuses on electric motors and powertrain technologies tailored for electric vehicles. With a workforce of around 56 employees, Abhinava Rizel emphasizes research and development as a core aspect of its operations. They aim to make electric vehicles more efficient and affordable through innovative solutions. Their product range includes hybrid electric motors and integrated powertrain units, which are designed to enhance energy efficiency in various applications, including automotive, industrial, marine, and aerospace sectors. The company has also secured funding from MM Forgings Limited, indicating a level of confidence in their business model and growth potential. Abhinava Rizel is on track to become a manufacturer and global supplier of electric motors and powertrain systems, with plans for high-volume production and the development of integrated powertrain units.

21. Auto Ignition Ltd.

• Website: autolek.com
• Ownership type: Private
• Headquarters: Palwal, Haryana, India
• Employee distribution: India 100%
• Founded year: 1971
• Headcount: 201-500
• LinkedIn: auto-ignition-ltd.

Auto Ignition Ltd., operating under the brand Auto-Lek Electric, is a manufacturer based in Palwal, Haryana, India. Founded in 1971, the company has built a reputation for producing a variety of automotive components, including starter motors, alternators, and BLDC motors specifically designed for electric mobility. With a workforce of approximately 333 employees, Auto Ignition Ltd. emphasizes innovation and quality in its manufacturing processes. The company aims to meet the evolving demands of the automotive industry, particularly in the electric vehicle segment. Their commitment to technological advancement is evident in their product offerings, which cater to both traditional and electric vehicle manufacturers. Auto Ignition Ltd. has established itself as a significant player in the automotive sector, particularly in the production of auto electric components, and is recognized as a key supplier in the market.

22. Protean Electric

• Website: proteanelectric.com
• Ownership type: Corporate
• Headquarters: Farnham, England, United Kingdom (UK)
• Employee distribution: United Kingdom (UK) 84%, China 16%
• Latest funding: Other (Grant), September 2023
• Founded year: 2008
• Headcount: 51-200
• LinkedIn: protean-electric

Protean Electric is an automotive technology company based in Farnham, England, founded in 2008. The firm specializes in in-wheel motor technology, which integrates the motor directly into the wheel of a vehicle. This innovative approach allows for improved vehicle performance, efficiency, and design flexibility. Protean Electric serves a global clientele, including automotive manufacturers looking to enhance their electric vehicle offerings. The company has developed a comprehensive suite of products, including the ProteanDrive and Protean360+, aimed at various applications such as passenger cars and light commercial vehicles. With over 320 patents across multiple markets, Protean Electric is positioned to play a significant role in the electrification of mobility. Recently, they were awarded a £5.5 million grant to further develop their in-wheel motor technology, underscoring their commitment to advancing electric vehicle solutions.

23. SITEM srl

• Website: sitemmps.com
• Ownership type: Private
• Headquarters: Castelnovo Di Sotto, Emilia-Romagna, Italy
• Founded year: 2013
• Headcount: 51-200
• LinkedIn: sitem-elettromeccanica-srl

SITEM srl, known as e-comer, is a private company based in Castelnovo Di Sotto, Emilia-Romagna, Italy, founded in 2013. The company specializes in the design and manufacture of electric motors and powertrains tailored for electric and hybrid vehicles. With a workforce of approximately 31 employees, e-comer is part of the Comer Industries Group, which enhances its capabilities and market reach. The company serves a variety of sectors, including agriculture, construction, and marine applications, providing solutions that prioritize efficiency and environmental sustainability. Their product offerings include electric transaxles, wheel drives, and synchronous and asynchronous electric motors, all designed to meet the evolving needs of the electric mobility market. E-comer emphasizes high power density and efficiency in its products, aiming to contribute to the reduction of CO2 emissions and promote greener technologies in transportation.

24. Rimac Automobili d.o.o.

• Website: rimac-automobili.com
• Ownership type: Private
• Headquarters: Sveta Nedelja, Zagreb, Croatia
• Latest funding: $90.0M, May 2019
• Founded year: 2009
• Headcount: 201-500
• LinkedIn: rimac-automobili-d-o-o-

Rimac Automobili d.o.o., founded in 2009 and based in Sveta Nedelja, Croatia, is an automotive manufacturer that specializes in electric sports cars and advanced automotive technology. The company has made a name for itself by developing high-performance electric vehicles and components, catering to both consumers and automotive businesses. Rimac's flagship model, the Nevera, exemplifies their commitment to innovation and performance in the electric vehicle market. With a workforce of around 390 employees, Rimac has grown from a small startup to a technology powerhouse, focusing on engineering and manufacturing electric hypercars and high-performance EV components. The company has also secured significant funding, with a reported amount of €90 million in 2019, which supports their ambitious projects and technological advancements.

25. Jing-jin Electric

• Website: jjeglobal.com
• Ownership type: Private
• Headquarters: Farmington Hills, Michigan, United States (USA)
• Employee distribution: China 68%, United States (USA) 32%
• Founded year: 2008
• Headcount: 1001-5000
• LinkedIn: %e7%b2%be%e8%bf%9b%e7%94%b5%e5%8a%a8

Jing-jin Electric, founded in 2008 and headquartered in Farmington Hills, Michigan, is a private company that specializes in electric vehicle manufacturing. The firm focuses on electric drive systems and components for both passenger and commercial vehicles. With a workforce of over 300 employees, the company emphasizes technological innovation and quality management in its operations. Jing-jin Electric is dedicated to producing high-performance electric motors, drive systems, and controllers, catering to the needs of automotive manufacturers. Their commitment to sustainability is evident in their efforts to meet the increasing demand for electric and hybrid vehicles. The company has established a significant presence in the global market, with a notable employee distribution of 68% in China and 32% in the United States. They have also received recognition for their innovative technologies, including awards for their electric drive systems. Jing-jin Electric operates with a clear vision of contributing to the advancement of electric vehicle technology and promoting low-carbon solutions.

26. Monumo

• Website: monumo.com
• Ownership type: Venture Capital
• Headquarters: Cambridge, England, United Kingdom (UK)
• Employee distribution: United Kingdom (UK) 100%
• Latest funding: Other (Grant), $951,000, August 2024
• Founded year: 2021
• Headcount: 11-50
• LinkedIn: monumo-ltd

Monumo is an engineering company based in Cambridge, England, specializing in electric motor technology and powertrain optimization. Founded in 2021, the company aims to revolutionize the electric vehicle sector by leveraging advanced simulation and machine learning techniques. Monumo's proprietary technology, the Anser engine, enables them to run millions of simulations daily, allowing for the rapid development of optimized motor designs. Their clientele includes original equipment manufacturers (OEMs) and Tier 1 suppliers, who seek to improve the efficiency and performance of their electric vehicle offerings. Recently, Monumo secured funding to further enhance their capabilities, underscoring their commitment to innovation in the automotive industry.

27. MOTEG GmbH

• Website: moteg.de
• Ownership type: Corporate
• Headquarters: Handewitt, Schleswig-Holstein, Germany
• Employee distribution: Germany 89%, France 11%
• Latest funding: March 2024
• Founded year: 2014
• Headcount: 11-50
• LinkedIn: moteg-gmbh

MOTEG GmbH, founded in 2014 and based in Handewitt, Schleswig-Holstein, Germany, is an electric motor manufacturer and consulting firm. The company focuses on developing and producing electric drive systems tailored for various vehicles, including public transport and commercial vehicles. With a team of skilled engineers, MOTEG is dedicated to creating innovative solutions that facilitate the transition to electric mobility. Their product range includes the MMA E-Motor series, electric auxiliary units, and specialized components like the eServo steering pump and eAir compressor. MOTEG also provides consulting services to help transport operators and fleet managers navigate the complexities of electrification. Their expertise extends to system design, cost analysis, and implementation support, making them a valuable partner in the shift towards sustainable transportation. The company is ISO 9001 certified and holds additional certifications for the aviation sector, underscoring their commitment to quality and safety in their products.

Electric Motors For Electric Vehicles Insights: Key Companies

Want to Find More Electric Motors For Electric Vehicles Companies?

With Inven you'll also get to know the company's:

• Detailed Ownership: Who owns the company? Is it a public or private company? What is the ownership structure?
• Contact data: Who are the founders and CEO's? What are their emails and phone numbers?
• Financials: How do these companies perform financially? What are their revenues and profit margins?

...and a lot more!