Company profile: Clean Motion
1.1 - Company Overview
Company description
- Provider of sustainable, energy- and resource-efficient urban electric vehicles built locally, based in Sweden, including EVIG, a lightweight, solar-assisted delivery EV with customizable cargo and fleet connectivity, and Zbee, a compact electric three-wheeler for urban transport manufactured under license in India.
Products and services
- Sustainable Urban EVs: Resource-efficient vehicles for city use, built locally to maximize global EV adoption, suited for daily mobility between conventional cars and scooters
- EVIG: A solar-integrated lightweight electric urban delivery vehicle engineered for last-mile logistics, featuring onboard solar panels, customizable cargo space, and fleet management connectivity for operational oversight
- Zbee: A license-produced compact electric three-wheeler for urban transport, supplying sustainable mobility in cities and manufactured under license in India to expand localized production
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Clean Motion
Be.EV
HQ: United Kingdom
Website
- Description: Provider of an EV charging network offering ultra-rapid, rapid, and fast chargers, accessible via the Be.EV app, Be.EV Member RFID card, contactless payment, WebPay, and the Electroverse app and RFID card. Services include a mobile app to locate, start, and pay for sessions, a 24/7 customer helpline, and a taxi membership with discounted rates at dedicated taxi-only charge points in Greater Manchester.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Inevit
HQ: United States
Website
- Description: Provider of slide-in battery modules for electric vehicles and EV powertrain systems and components, offering optimized vehicle and battery module design, innovative module components, and manufacturing techniques to improve EV range and cost.
- 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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Heart Aerospace
HQ: Sweden
Website
- Description: Provider of hybrid-electric regional airplanes and supporting R&D, including the 30-seat ES-30 with a 200 km fully electric range and 400 km extended hybrid range; electric propulsion testing via an Electric Motor Rig; subscale flight and full-scale systems integration testing (Iron Bird, Fullscale Heart Demonstrator); and a US R&D hub in Los Angeles focused on advancing hybrid-electric propulsion technologies.
- 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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Workhorse
HQ: United States
Website
- Description: Provider of battery-electric commercial vehicles and unmanned aerial systems for last-mile delivery and logistics. Designs and produces electric power trains using automotive-grade parts and proprietary control software; OEM of class 3–6 trucks including electric step vans and cab chassis, plus UAS for delivery and data collection.
- 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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- Acquisitions: ●●
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BlueLA
HQ: United States
Website
- Description: Provider of a 100% electric vehicle car-sharing service coming to Los Angeles as part of the City of Los Angeles' mobility strategy.
- 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 BlueLA 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 Clean Motion
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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 Clean Motion
2.2 - Growth funds investing in similar companies to Clean Motion
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4 - Top valuation comps for Clean Motion
4.2 - Public trading comparable groups for Clean Motion
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