ElectraMeccanica

Huntington Beach, United States Founded: 2015 • Age: 11 yrs Acquired By Xos
Three-wheeled single-seat electric vehicles are manufactured for urban mobility.

About ElectraMeccanica

ElectraMeccanica is a Transportation, Automotive & Logistics company based in Huntington Beach (United States) founded in 2015, and was acquired by Xos in January 2024. Three-wheeled single-seat electric vehicles are manufactured for urban mobility. The company has 34 employees. The company was acqui-hired. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Cars. Its legal entity is ELECTRAMECCANICA VEHICLES CORP. Its competitors include Tesla, Fisker and Mullen Technologies; 3 of its 3 listed competitors have raised funding.

Company details

ElectraMeccanica was founded in 2015 in Huntington Beach, United States, where operations focus on the automotive sector, specifically the production of three-wheeled single-passenger electric vehicles. These cars are designed with a 100-mile range, a full charge in 2.5 hours using a 220V charger, and a weight of 4,200 pounds. The companys activities emphasize efficient, compact electric transportation solutions accessible via emvauto.com.

  • Headquarters Huntington Beach, United States
  • Employees 34
  • Stage Acquired
  • Sectors
    Transportation, Automotive & Logistics
  • Website emvauto.com
  • Acquired by Xos (Jan 2024)
  • Legal Name Electrameccanica Vehicles Corp.
Key Metrics
  • Annual Revenue
    $608.43 K (USD)
    -91
    as on Dec 31, 2023
  • Net Profit
    -$57.58 M (USD)
    53
    as on Dec 31, 2023
  • EBITDA
    -$55 M (USD)
    50
    as on Dec 31, 2023
  • Investors
  • Employee Count
    34
  • Acquired by
    Xos

    (Jan 2024)

Investors in ElectraMeccanica

ElectraMeccanica has secured backing from 1 investor. Prominent investors backing the company include Xos.

All
InvestorDescriptionFounded YearDomainLocation
Manufacturer of electric trucks
2016xostrucks.comNorth Hollywood, United States
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Investor details for ElectraMeccanica

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Timeline of ElectraMeccanica

2 dated milestones of ElectraMeccanica across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded ElectraMeccanica is founded.
  2. Exit Acquired by Xos.

Competitors of ElectraMeccanica

ElectraMeccanica has 3 listed competitors in our database, 3 of them funded. They include Tesla, Fisker and Mullen Technologies.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
tesla.com2003Austin, United States$407.53M125,665
Electric vehicles and solar energy products are manufactured.
fiskerinc.com2007Los Angeles, United States$1.11B1,195
Electric vehicles are manufactured and leased by Fisker Inc.
mullenusa.com2012La Habra, United States$2M326
Electric vehicles are manufactured with AI integration by Mullen Technologies.
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Detailed competitors of ElectraMeccanica

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Top companies in Electric & Green Mobility

3 companies that operate in the same segment as ElectraMeccanica (Electric & Green Mobility) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric kick-scooters are rented through an app-based platform.
2017Miami, Florida, United StatesUSD 765 MUSD 244.66 M953
Electric kick-scooters are rented through an app-based platform.
2017San Francisco, California, United StatesUSD 1.4 B2,813
Electric buses and charging systems are manufactured for fleets.
2004Burlingame, California, United StatesUSD 857.79 MUSD 309.36 M418
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Related news about Electrameccanica

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Frequently Asked Questions about ElectraMeccanica

ElectraMeccanica was founded in 2015.

ElectraMeccanica is headquartered in Huntington Beach, United States. It is registered at Huntington Beach, California, United States.

ElectraMeccanica has 34 employees.

Annual revenue of ElectraMeccanica is $608.43K as on Dec 31, 2023.

ElectraMeccanica was founded in 2015 in Huntington Beach, United States, where operations focus on the automotive sector, specifically the production of three-wheeled single-passenger electric vehicles. These cars are designed with a 100-mile range, a full charge in 2.5 hours using a 220V charger, and a weight of 4,200 pounds. The companys activities emphasize efficient, compact electric transportation solutions accessible via emvauto.com.

ElectraMeccanica's top competitors include Fisker, Tesla and Mullen Technologies.

ElectraMeccanica has 1 investor. Key investors include Xos.

ElectraMeccanica operates through Electrameccanica Vehicles Corp..

Yes. ElectraMeccanica was acquired by Xos in January 2024.

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