Best Electric Vehicles Companies in Israel
The 60 best Electric Vehicles companies in Israel in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: StoreDot.
- Global Car Market Set to Triple by 2035, Reaching USD 4.8 Trillion on
Our analysis of 331 Electric Vehicles companies
$42.9b in tracked funding; 71% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2022.
Ranked: Best Electric Vehicles companies in Israel
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Market signals (1y) | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | StoreDot 🦄 Manufacturer of fast charging batteries for electric vehicles | $226M | 49 mo ago | 130 | Gil Rosenman Co-Founder | WebflowAmazon Web Servicescore-js+13 | 7 signals M&A · Contracts · IPO | 260 patents Patents concentrated in electrical & electronics | — |
| 2 | ZOOZ Power Developer of kinetic power boosters for ultra-fast electric vehicle charging | $180M | 11 mo ago | — | David Pincu Co-founder | WordPressMySQLPHP+28 | 3 signals ▲200% Board · Funding | 10 patents Flywheel energy storage for EVs, vehicle‑to‑vehicle charging, and grid support services | — |
| 3 | Powermat Provider of induction-based wireless charging solutions | $108M | 54 mo ago | 2 | Ran Poliakine Founder | WordPressMySQLPHP+30 | — | 286 patents Wireless inductive power transfer systems, including range extension and control interfaces. | 1 partnership |
| 4 | VisIC Tech Developer of GaN power semiconductors for electric vehicle and industrial applications | $67M | 6 mo ago | 47 | Gregory Bunin Co-Founder & CTO | WordPressMySQLPHP+21 | — | 75 patents Solid-state power switching ICs with low on‑resistance and short‑circuit protection | — |
| 5 | IRP Systems Provider of software-defined electric powertrain system for micro mobility | $57M | 62 mo ago | 77 | — | WordPressMySQLPHP+24 | — | — | 1 launch |
| 6 | Phinergy Metal-air battery technology for EVs | $50M | 28 mo ago | 54 | — | WordPressMySQLPHP+10 | — | 303 patents Aluminum‑air rechargeable battery design, electrode fabrication, and electrolyte regeneration | — |
| 7 | ElectReon Developer of wireless charging technology | $50M | 72 mo ago | 34 | — | WordPressApple iCloud MailGoogle Workspace+28 | 3 signals Acquisition · M&A | — | — |
| 8 | Driivz Provider of cloud-based software for managing electric vehicle charging infrastructure | $37M | 63 mo ago | 80 | — | WordPressApple iCloud MailMicrosoft 365+23 | — | — | 1 partnership |
| 9 | AIR Developer of electric vertical takeoff and landing aircraft for personal use | $23M | 11 mo ago | 1 | Chen Rosen Founder & CTO | WixSentryBootstrap+12 | — | — | 1 launch · 1 award |
| 10 | GoTo App-based platform offering multi-category self-drive vehicle rental services | $22M | 64 mo ago | 89 | Yakir CEO | WordPressMySQLPHP+26 | 16 signals ▼16% New product · Leadership · Funding | — | — |
| 11 | REE 🦄 Developer of software defined vehicle technology and electronic control systems | $21M | 21 mo ago | 244 244 → 179 (-27%) | Ahishay Sardes Co-Founder & CTO | WordPressMySQLPHP+33 | 9 signals ▼82% Earnings · Leadership · Announcements | — | — |
| 12 | City Transformer Developer of adaptable electric vehicles designed for urban mobility | $10M | 49 mo ago | 17 | Eyal Cremer Co-Founder | WordPressMySQLPHP+28 | — | — | — |
| 13 | UrbanAero Develops ducted fan aircraft for multiple uses | $10M | 57 mo ago | 16 | — | WixSentryBootstrap+11 | — | — | — |
| 14 | Carrar Developer of battery systems for electric vehicles and energy storage | $5M | 26 mo ago | 22 | Erez Freibach Co-Founder | WordPressMySQLPHP+22 | — | 11 patents Thermal management systems for electrochemical/electrotechnical components, especially battery cooling. | 1 job opening · 1 launch |
| 15 | Make My Day Offers a location-based app to determine the optimal route for multiple errands | $4M | 55 mo ago | 19 | Cnaan Aviv TCB and Co-Founder at Make My Day | WordPressMySQLPHP+24 | — | 4 patents Optimizing electric vehicle trip planning and charging station routing | 1 partnership |
| 16 | Wi-Charge Offering optical wireless charging solutions | $3M | 13 mo ago | 41 | Ortal Alpert Co-Founder | Cart FunctionalityWix eCommerceWix+26 | — | 247 patents Wireless optical power transmission and safety systems for contactless charging | — |
| 17 | ALGOLiON Predictive battery management system | $1M | 66 mo ago | 6 | Niles Fleischer Chief Executive Officer and Co-Founder | — | — | 9 patents Safety monitoring and fire detection for lithium‑ion batteries in unmanned electronic devices | — |
| 18 | Kado Slim & light chargers for laptops & mobile devices | $1M | 112 mo ago | 4 | Alexei Kositsin Founder | — | — | — | — |
| 19 | Humavox Provider of near-field RF based wireless charging platform | $930K | 96 mo ago | 12 | — | — | — | 90 patents Patents concentrated in electrical & electronics | — |
| 20 | EVR Motors Manufacturer platform for electric motor technology | $110K | 121 mo ago | 28 | Victor Kislev Co-Founder | WordPressMySQLPHP+16 | — | 54 patents Design and manufacturing of radial‑flux electric machines with advanced coil‑tooth integration | 1 job opening · 1 award |
Top 12 Electric Vehicles companies in Israel
#1
Public · Rehovot, Central District · founded 2010 · 47 employees$66.6Mraised▾
Developer of GaN power semiconductors for electric vehicle and industrial applications. The company’s semiconductors enable efficiency improvements and cost reductions in electric engines and renewable energy. Products include inverters and on-board chargers utilizing D3GaN technology. The semiconductors allow for smaller, lower cost, more efficient systems.
- Dec 2025Series E$26M
- Aug 2021Series E$45M
- Oct 2020Series E—
- Jun 2018Series D$10M
#2
Public · Lod, Central District · founded 2013$180Mraised▾
Developer of kinetic power boosters for ultra-fast electric vehicle charging. The company's technology overcomes grid limitations, enabling rapid deployment of charging infrastructure. It offers solutions for energy management, power boosting, and energy storage. The flywheel technology ensures reliability, sustainability, and robustness.
- Jul 2025Post IPO$180M
#3
Series A · Pardes Hanna Karkur, Haifa District · founded 2017 · 1 employees$23Mraised▾
Developer of electric vertical takeoff and landing aircraft for personal use. The company focuses on creating eVTOL technology designed for point-to-point travel. It aims to reshape transportation, making air commute efficient and convenient. The company prioritizes safety and adheres to industry standards. The company's design requires minimal infrastructure to operate, maintain, and service.
- Jul 2025Series A$23M
- Apr 2025Seed—
#4
REE 🦄Public · Tel Aviv, Tel Aviv · founded 2011 · 244 employees$20.7Mraised▾
Developer of software defined vehicle technology and electronic control systems. This technology integrates zonal architecture with electronic steering, braking, and drive systems to replace mechanical linkages. The platform provides centralized control for vehicle operations, enabling over the air updates and data analytics. These systems support autonomous capabilities and modular vehicle design for various commercial applications.
- Sep 2024Post IPO$45.4M
- Oct 2023Post IPO$8.8M
- Aug 2021Grant (prize money)$17.2M
- 2020Grant (prize money)—
#5
Series C · Rehovot, Central District · founded 2010 · 41 employees$3Mraised▾
Offering optical wireless charging solutions. Company system delivers power to the devices automatically, wherever they are in the room. The company claims that their technology is inherently safe, can be transmitted across long distances, is self-aligning and there is no ambient radiation. The device comes in the form of a small transmitter which connects with any enabled devices that will then be continuously charged. Users can also use a dongle receiver for those devices that don't have an embedded receiver.
- May 2025Series C$20M
- 2022Grant (prize money)—
- Jun 2022Grant (prize money)$2.5M
- Oct 2021Grant (prize money)$15.5M
#6
Public · Lod, Central District · founded 2008 · 54 employees$50Mraised▾
Phinergy focuses on the development of metal-air battery systems and technology for electric vehicles. The company's main focus is on the development of aluminum-air and zinc-air batteries. The company claims to have successfully integrated aluminum-air battery system into an electric vehicle resulting in more than three times the driving range of current EVs.
- Feb 2024Post IPO$12.5M
- Feb 2020Series B—
- Jan 2016Series A$50M
#7
StoreDot 🦄Series D · Herzliya, Tel Aviv · founded 2012 · 130 employees$226Mraised▾
Manufacturer of fast charging batteries for electric vehicles. The company develops lithium batteries by combining nanostructural materials with organic binders and electrolytes to offer optimized batteries for multiple sectors.
- May 2022Series D—
- Apr 2022Series D—
- Mar 2022Series D—
- Jan 2022Series D$80M
#8
Series B · Petah Tikva, Central District · founded 2006 · 2 employees$107.5Mraised▾
Provider of induction-based wireless charging solutions. While customers use its app to charge their phones, businesses can send targeted and contextual information and updates to people on the go. It helps retailers to integrate charging spots at their stores. They have expertise in retrofit installations and their custom tools can drill into a wide range of surface types or countertops. The customer engagement platform monitors all charging spots across different locations. With the data gathered, retailers can derive fruitful analytics. Retailers can contact PowerMat to become a mobile-optimized venue. It also develops charging mats for devices. Apart from retailers, other users include universities, airports, and restaurants.
- Dec 2021Series B$25M
- Jun 2016Series B—
- May 2013Series B$40M
- 2012Series B—
#9
Series A · Sderot, South District · founded 2019 · 22 employees$5.3Mraised▾
Developer of battery systems for electric vehicles and energy storage. The company provides battery modules and systems for marine, commercial, passenger vehicles, and energy storage applications. Products are developed through research and development and validated with original equipment manufacturers and energy providers. The company's architecture maximizes battery performance and longevity.
- Apr 2024Series A$5.3M
- Jun 2021Seed—
#10
Series C · Ness Ziona, Center District · founded 2015 · 77 employees$57Mraised▾
IRP Systems provides a patented software-defined powertrain system for micromobility. Their solution, named Hummingbird, consists of a patented intelligent control algorithm coupled with an electric motor design that helps in achieving the high power efficiency metrics. The motion system is sufficiently versatile and can be implemented in any system with an electric motion requirement. It is intended to be used in drones, electric vehicles, unmanned ground vehicles, or robot actuators.
- Apr 2021Series C$31M
- May 2020Series B$17M
- Seed—
#11
Acquired · Tel Aviv, Tel Aviv · founded 2012 · 80 employees$37Mraised▾
Provider of cloud-based software for managing electric vehicle charging infrastructure. The platform offers tools for operations management, billing, energy management, and reporting. It supports various sectors, including charge point operators, electric vehicle service providers, and power utilities. The software facilitates energy management through renewable sources, battery storage, and grid integration.
- Mar 2021Series C—
- Feb 2020Series C$11M
- Aug 2018Series A$12M
#12
Public · Tel Aviv Yafo, Tel Aviv District · founded 1992 · 34 employees$50Mraised▾
Developer of wireless charging technology. The platform offers wireless power transfer system which will be laid under public roads. The vehicles are retrofitted with a receiver under the chassis. The DWPT system is powered by an underground connection. When the vehicle moves over the DWPT laid road, the battery gets recharged wirelessly.
- Jun 2020Post IPO$50M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Electric Vehicles coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Electric Vehicles is moving in Israel
A read on the academic research around Electric Vehicles — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 37 Israel-affiliated papers.
- Technion – Israel Institute of Technology5
- Ministry of Energy4
- Jerusalem College of Technology4
- Environmental and Water Resources Engineering3
- Ariel University2
- Scheduling (production processes)4
- Battery (electricity)3
- Mathematical optimization3
- Algorithm3
- Routing (electronic design automation)2
- Automotive engineering5
- Battery (electricity)4
- Energy management3
- Energy consumption2
- Power (physics)2
- Greenhouse gas2
- Electricity2
- Environmental economics2
- Electrification1
- Battery (electricity)1
Where electric vehicles is researched across Israel
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.