Company profile: Electra Vehicles
1.1 - Company Overview
Company description
- Provider of AI/ML-based battery software for electric vehicles, fleets, and robotics to improve range, lifetime, and charging. Offerings include EVE-Ai 360 Adaptive Controls (onboard and cloud-connected), EVE-Ai Fleet Analytics, Adaptive Battery Digital Twin, and EnPower Design Suite for cell selection and simulation, delivering predictive insights and adaptive battery performance optimization.
Products and services
- EVE-Ai 360 Adaptive Controls: Embedded onboard electric vehicles and cloud-connected, adaptively manages battery packs using environmental and activity data to optimize driving range, charging behavior, and lifetime
- Adaptive Battery Digital Twin: Uses real-time and historical data to predict battery failure and optimize performance across the lifecycle for EVs and fleets
- EVE-Ai Fleet Analytics: AI-based platform delivers insights into electric fleet battery health, predicts failures, and optimizes fleet performance through data analysis.
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Electra Vehicles
QEV Technologies
HQ: Spain
Website
- Description: Provider of electric mobility solutions, including ZEROID sustainable electric vehicles and platforms for urban fleets (vans, chassis, buses), hydrogen/electric platforms for buses and heavy-duty trucks; electric car prototypes and small-scale production; ZEROID complete electric buses for urban and intercity; training in electric motorsport and e-racing; participation in international electric motorsport; and advanced R&D.
- 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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Karma Automotive
HQ: United States
Website
- Description: Provider of luxury electric and plug-in hybrid vehicles designed, engineered, assembled, and marketed from Southern California. Models include Kaveya EV; Gyesera electric sedan; Revero plug-in hybrid (360-mile range, three drive modes, ADAS); Invictus limited-edition EV (30 units); and the upcoming Karma Kaveya electric super-coupe with up to 1,000 HP and butterfly doors.
- 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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InceptEV
HQ: United States
Website
- Description: Provider of simulation-first electric vehicle data solutions for fleet operations planning and optimization, offering software for high-fidelity EV performance simulation integrating vehicle and battery dynamics across routes and conditions, and services for fleet electrification planning and charging infrastructure optimization.
- 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
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Altilium
HQ: United Kingdom
Website
- Description: Provider of battery materials recovery and recycling solutions to decarbonize the e-vehicle supply, including EcoCathode hydrometallurgical recovery of minerals from old EV batteries and mining waste, battery recycling plants producing cathode active materials, EcoAnode recovery of high-quality graphite from spent EV battery black mass, and the Medet Concession in Bulgaria recovering copper and rare earth elements from tailings.
- 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 Altilium 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 Electra Vehicles
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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 Electra Vehicles
2.2 - Growth funds investing in similar companies to Electra Vehicles
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4 - Top valuation comps for Electra Vehicles
4.2 - Public trading comparable groups for Electra Vehicles
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