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Company profile: Wrightspeed

1.1 - Company Overview

Wrightspeed Logo

Wrightspeed

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

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 Logo

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
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Efficient Drivetrains company profile →
Fifteen Logo

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: ●●
View full Fifteen company profile →
Coda Automotive Logo

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: ●●
View full Coda Automotive company profile →
Unified Chargers Logo

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: ●●
View full Unified Chargers company profile →
Tevva Logo

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 1: ████████ ████████

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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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4.3 - M&A Transactions similar to Wrightspeed

Selected M&A transactions

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Frequently Asked Questions

About Wrightspeed

What does Wrightspeed do?

Wrightspeed is a 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%.

Who are Wrightspeed's competitors?

Wrightspeed's competitors and similar companies include Efficient Drivetrains, Fifteen, Coda Automotive, Unified Chargers, and Tevva.

Where is Wrightspeed headquartered?

Wrightspeed is headquartered in United States.

How many employees does Wrightspeed have?

Wrightspeed has 1,000 employees 🔒.

When was Wrightspeed founded?

Wrightspeed was founded in 2010 🔒.

What sector and industry vertical is Wrightspeed in?

Wrightspeed is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Wrightspeed

Who are the top strategic acquirers in Wrightspeed's sector and industry

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Financial Investors investing in Wrightspeed's sector and industry vertical

Which are the top PE firms investing in Wrightspeed's sector and industry vertical?

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Valuation benchmarks of companies in Wrightspeed's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Wrightspeed?

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What are recent M&A transactions in Wrightspeed's sector and industry vertical?

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What are recent capital raises and funding rounds in Wrightspeed's' sector and industry vertical?

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