About Edison Motors
Edison Motors is a company based in Merritt (Canada) founded in 2021.. Edison Motors has raised $2.43 million across 2 funding rounds. Edison Motors offers products and services including Electric Hybrid Truck, EV Conversion Kit, and Merchandise. Edison Motors operates in a competitive market with competitors including Waabi, The Lion Electric, GreenPower, Oxa and First Hydrogen, among others.
- Headquarter Merritt, Canada
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
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Social
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- Legal Name Edison Motors Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.43 M (USD)
in 2 rounds
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Latest Funding Round
$378.16 K (USD), Seed
Dec 10, 2025
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Investors
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Employee Count
Employee Count
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Products & Services of Edison Motors
Edison Motors offers a comprehensive portfolio of products and services, including Electric Hybrid Truck, EV Conversion Kit, and Merchandise. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Hybrid truck for fuel-efficient trucking operations
Kit to convert vehicles into hybrid for better efficiency
Items like T-shirts supporting company mission
Funding Insights of Edison Motors
Edison Motors has successfully raised a total of $2.43M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $378.16 thousand completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $378,160
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First Round
First Round
(25 Feb 2025)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Seed - Edison Motors | Valuation |
investors |
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| Feb, 2025 | Amount | Seed - Edison Motors | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Edison Motors
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Edison Motors
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Edison Motors Comparisons
Competitors of Edison Motors
Edison Motors operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Waabi, The Lion Electric, GreenPower, Oxa and First Hydrogen, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Autonomous driving solutions for trucks are developed by Waabi.
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| domain | founded_year | HQ Location |
Electric commercial vehicles including trucks and buses are developed.
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| domain | founded_year | HQ Location |
Multiple categories of electric commercial vehicles are manufactured.
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| domain | founded_year | HQ Location |
Online platform offering autonomy software for self-driving vehicles
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| domain | founded_year | HQ Location |
Hydrogen-powered utility vehicles are manufactured for heavy and medium-duty use.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Edison Motors
Frequently Asked Questions about Edison Motors
When was Edison Motors founded?
Edison Motors was founded in 2021 and raised its 1st funding round 4 years after it was founded.
Where is Edison Motors located?
Edison Motors is headquartered in Merritt, Canada. It is registered at Merritt, British Columbia, Canada.
Is Edison Motors a funded company?
Edison Motors is a funded company, having raised a total of $2.43M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.05M, raised on Feb 25, 2025.
What does Edison Motors do?
Manufacturer of electric semi trucks. The company produce electric hybrid trucks an EV Conversion Kits. They develop trucks that includes R500 and R750 - Retrofit, L500 and L750 - Vocational Truck, and more.
Who are the top competitors of Edison Motors?
Edison Motors's top competitors include Oxa, Waabi and GreenPower.
What products or services does Edison Motors offer?
Edison Motors offers Electric Hybrid Truck, EV Conversion Kit, and Merchandise.