An Electric Vehicle Company

electric vehicle company

An electric vehicle company is any business that makes battery-powered cars and trucks. EV companies can be small, focusing on one specific model or larger, with an array of vehicles in several categories. They also include the companies that supply the charging stations and other infrastructure used in EVs. Some of these companies are aiming to make the internal combustion engine obsolete, while others focus on more immediate applications such as replacing fleet vehicles with electric ones.

EVs were once considered a novelty, but with air pollution on the rise, oil shortages beginning in 1973 and the success of the Moon landing, inventors large and small rediscovered this alternative energy source. Hobbyists built increasingly functional street EVs using junkyard batteries and surplus motors, while big car companies experimented with promising prototypes.

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In 2009, the Mitsubishi i-MiEV and the Nissan Leaf began to go on sale, changing the public’s image of them from novelties to practical alternatives to gasoline-powered cars. By 2023, the bestselling Tesla Model 3 was the best selling electric vehicle in history and the company that most people think of when they hear “electric vehicle.”

Other automakers are also making serious investments in their EV offerings. GM, for example, has a pair of popular models called the Bolt EV and Bolt EUV. It also has plans to release a pickup truck and another mid-size SUV with all-electric powertrains. Cadillac, meanwhile, has the sleekly designed Lyriq, while luxury rival Mercedes-Benz offers its own take on an electric sedan with its EQS and Rolls-Royce EV concepts.