Company profile: Wrightspeed
1.1 - Company Overview
Company description
- Provider of electric drivetrain retrofit kits for medium-heavy-duty fleet trucks, including the RePower Kit with high-voltage battery and controls; an E-Axle with 35,000 NM wheel torque; a scalable battery system (150–200+ mile range, fast/slow charging); and a Vehicle Dynamics Module with traction control, diagnostics, telematics, and over-the-air updates. The Route powertrain can reduce fuel consumption by 50%.
Products and services
- E-Axle: Wrightspeed engineers an industrial-grade electric axle for heavy-duty vehicles, delivering industry-leading efficiency and 35,000 NM wheel torque
- RePower™ Kit: Wrightspeed builds a custom-engineered retrofit kit for heavy-duty trucks, integrating an electric drivetrain, high-voltage battery, and necessary controls for electrification
- Scalable Battery System: Wrightspeed architects a modular battery system for heavy-duty electric vehicles, offering 150–200+ miles of range and options for fast or slow charging
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Wrightspeed
Efficient Drivetrains
HQ: United States
Website
- Description: Provider of high-efficiency continuously variable transmissions (CVT) and hybrid electric drivetrain systems and technologies for electric vehicle developers, manufacturers, and suppliers, delivering significant cost and efficiency advantages via parallel drivetrain architectures.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Fifteen
HQ: France
Website
- Description: Provider of bike and e-bike sharing equipment and rental electric bike sharing services in urban and rural areas.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Coda Automotive
HQ: United States
Website
- Description: Provider of lithium-iron phosphate battery systems for automotive and power storage utility applications, designing and semi-manufacturing these systems; also builds eco-friendly transportation, chiefly electric cars, and develops American designed and manufactured electric drivetrain and battery system electronics.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Unified Chargers
HQ: Finland
Website
- Description: Provider of fast and high-power electric vehicle charging stations, offering advanced and customizable charging solutions for public locations and heavy transport needs, as well as smart charging station operations services.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Tevva
HQ: United Kingdom
Website
- Description: Provider of zero-emission battery electric trucks and hydrogen fuel cell range-extended electric trucks, featuring a Dual Motor System for independent control, an Electronic Braking System with regenerative braking, and integrated telematics and proprietary vehicle performance software for real-time monitoring and management.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Tevva company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Wrightspeed
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Wrightspeed
2.2 - Growth funds investing in similar companies to Wrightspeed
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4 - Top valuation comps for Wrightspeed
4.2 - Public trading comparable groups for Wrightspeed
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