Best Electric Vehicles Companies in Ontario, Canada
The 71 best Electric Vehicles companies in Ontario, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: SWTCH.
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 Ontario
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SWTCH Provider of EV charging management systems | $38M | 12 mo ago | Series B | Carter Li CEO | 2018 | RubyAuth0Auth0 Lock+31 | — | 1 partnership |
| 2 | ChargeLab Provider of electric vehicle station management solution | $30M | 38 mo ago | Series A | Ehsan Mokhtari Co-Founder & CTO | 2019 | HubSpot CMS HubApple iCloud MailGoogle Workspace+26 | — | 1 launch |
| 3 | Tenet Computer Group Provider of auto financing solutions for buying electric vehicles 35Tech top 35%Talent top 38%Funding top 42%Fin. health bottom 49% All 7 signals ▾Techtop 35% Talenttop 38% Fundingtop 42% Fin. healthbottom 49% Globalbottom 45% Marketbottom 37% Growthbottom 25% Tech: 33 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 35/100 | $28M | 31 mo ago | Series A | Andreas Wallendahl Co-Founder & CEO | 2021 | ContentfulSentryApple iCloud Mail+25 | — | — |
| 4 | eLeapPower Developer of powertrain system for multi-category electric vehicles | $16M | 54 mo ago | Series A | Russell Pullan CEO | 2016 | — | 58 patents Electric vehicle onboard charging and wireless power integration with advanced power electronics | — |
| 5 | Enedym Manufacturer of electric motors for multiple categories of vehicles 48Patents top 26%Moat top 32%Funding top 33%Growth top 35% All 11 signals ▾Patentstop 26% Moattop 32% Fundingtop 33% Growthtop 35% Talenttop 38% Innovationtop 44% Producttop 46% Techbottom 49% Globalbottom 43% Newsbottom 42% Marketbottom 30% Patents: 39 patents matched (strict assignee match) · 27 filings since 2022 vs 12 in 2017-21 Moat: Editorial + unicorn rating 7/10 · IP moat: 39 patents rank vs industry peers · Fliar Intelligence Index 48/100 | $15M | 7 mo ago | Series A | Randy Reisinger Co-Founder | 2010 | WordPressApple iCloud MailGoogle Workspace+22 | 39 patents Patents concentrated in electrical & electronics | 1 launch |
| 6 | ChargerQuest Operator of electric vehicle charging solutions | $3M | 60 mo ago | Series A | Christopher Misch Founder & CEO | 2019 | — | — | — |
| 7 | Gbatteries AI-based lithium-ion battery charging solutions for electric vehicles | $3M | 75 mo ago | Seed | Kostyantyn Khomutov Co-Founder | 2012 | Webflowcore-jsjQuery+6 | — | — |
| 8 | BionX International Electric drive systems for bicycles | $2M | 106 mo ago | Deadpooled | Manfred Gingl CEO | 2007 | — | — | — |
| 9 | ReliON Platform offering charging management solution | $2M | 23 mo ago | Seed | Jesse White Co-Founder & CTO | 2023 | WordPress Block EditorWordPress Site EditorWordPress+31 | — | 2 launchs |
| 10 | InMotive Transmission systems for electric vehicle motors | $600K | 32 mo ago | Seed | — | 2010 | — | 15 patents Segmented pulley transmission and actuator mechanisms for compact high‑torque robotics. | — |
| 11 | Kiwi Charge Platform offering a subscription model for electric vehicle charging | $500K | 4 mo ago | Seed | Abdel Ali Founder | 2023 | TurbopackNode.jsRadix UI+9 | — | 1 job opening |
| 12 | Cheelcare Manufacturer of smart power wheelchairs | $174K | 16 mo ago | Seed | Eugene Cherny Co-Founder & CEO | 2015 | Cart FunctionalityShopifyShop Pay+13 | — | 1 launch |
| 13 | Roll Scooter App-based platform offering electric kick-scooter sharing services | $120K | 59 mo ago | Seed | Richard Cao Founder & CEO | 2019 | — | — | — |
| 14 | nectar Provider of electric vehicle charging solutions | $100K | 37 mo ago | Seed | — | 2022 | — | — | — |
Top 12 Electric Vehicles companies in Ontario
#1
Series A · Hamilton, Ontario · founded 2010 · 36 employees$15Mraised▾
Manufacturer of electric motors for multiple categories of vehicles. The platform offers users electric motors, power turbines, generators, and more. They provide their services for commercial buildings, data centers, defense, greenhouses, healthcare, marine, mining, and more.
- Nov 2025Series A—
- Feb 2022Grant (prize money)$2.4M
- Jun 2021Series A$15M
#2
Series B · Toronto, Ontario · founded 2018 · 76 employees$38Mraised▾
Provider of EV charging management systems. Its features include an EV charging platform that optimises charging and revenue management for property owners. It networks chargers with the internet to enable remote monitoring, access control, energy metering, billing and payments. Its app enables the monitoring and management of charging. It is available across both Android and iOS platforms.
- Jun 2025Series B$4M
- Apr 2024Series B$27.2M
- Apr 2022Series A$10M
- Apr 2022Conventional Debt$3M
#3
Seed · Toronto, Ontario · founded 2023$500Kraised▾
Platform offering a subscription model for electric vehicle charging. It provides portable chargers delivered to customers. It offers Charging-as-a-Service for EV owners in existing buildings that lack the charging infrastructure due to retrofit costs and EV adoption.
- Feb 2026Seed$500K
#4
Series A · Toronto, Ontario · founded 2021 · 39 employees$28Mraised▾
Provider of auto financing solutions for buying electric vehicles. The platform enables users to take financing for buying electric vehicles and claims to achieve the climate goals.
- Nov 2023Series A$10M
- Nov 2022Conventional Debt$25M
- Jul 2022Seed$18M
- 2021Seed—
#5
Series A · Toronto, Ontario · founded 2019 · 48 employees$30Mraised▾
Provider of electric vehicle station management solution. It offers an OCPP-compliant software that manages, controls, and monetizes the EV charging stations. It also offers turnkey Level 2 and Level 3 EV charging infrastructures for offices, buildings, and homes.
- Apr 2023Series A$10M
- Apr 2023Venture Debt$5M
- May 2022Series A$15M
- Feb 2021Seed$4.3M
#6
Seed · Ottawa, Ontario · founded 2023$2.2Mraised▾
Platform offering charging management solution. It offers various solutions including charger monitoring, charger equipment management, field interventions, and more. The platform takes care of the operation and maintenance process.
- Jul 2024Seed$2.2M
- Aug 2023Grant (prize money)$16.9M
#7
Seed · Richmond Hill, Ontario · founded 2015 · 10 employees$173.6Kraised▾
Cheelcare designs and develops smart power wheelchairs for the elderly and people with disabilities. Has two models in its catalogue; Cheelcare Xceed and Cheelcare Curio. Its wheelchairs come equipped with an automated reclining system, joystick controller, rear-view camera with HD display panel, proprietary software algorithms, and electromagnetic braking system. The Xceed model can provide a range of 50 km while the Curio model can provide a range of 30 km.
- Jan 2025Seed$173.6K
#8
Series A · Toronto, Ontario · founded 2016 · 28 employees$16.5Mraised▾
Developer of powertrain system for multi-category electric vehicles. The company develops powertrain system that claims to optimize battery performance. It offers solutions for various electric vehicles like cars, commercial vehicles, etc. It offers features like bidirectional charging, charge from renewable energy sources like wind and solar, etc.
- Dec 2021Series A$16.5M
#9
Seed · Toronto, Ontario · founded 2010 · 33 employees$600Kraised▾
Transmission systems for electric vehicle motors. The company has developed a patented transmission system inGear for electric vehicle applications. Using a patented morphing sprocket technology, the inGear changes speed ratios quickly and efficiently.
- Oct 2023Seed—
- Jul 2010Angel$600K
#10
Series A · Toronto, Ontario · founded 2019 · 3 employees$3.1Mraised▾
Operator of electric vehicle charging solutions. The company owns and operates charging stations for electric vehicles that can be placed/hosted at public places that can be utilized by customers for charging. It offers mobile applications for EV drivers to find and manage EV chargers in their vicinity.
- May 2021Series A$3.1M
#11
Seed · Ottawa, Ontario · founded 2012 · 43 employees$3Mraised▾
AI-based lithium-ion battery charging solutions for electric vehicles. The platform has developed a patented e-vehicle charging solution that claims to charge lithium-ion batteries in a minimal time. Uses AI-based software algorithms and electronics to optimize the charging system in vehicles.
- Feb 2020Seed$3M
- Dec 2017Grant (prize money)$29.7K
- Feb 2017Grant (prize money)$1.2M
- May 2014Seed—
#12
Deadpooled · Aurora, Ontario · founded 2007$2.4Mraised▾
BionX International focuses on development of electric drive systems for bicycles. The BionX systems can be fitted on any bicycles to convert them to motor powered vehicles. The system consists of a console, battery and motor to power the bike. The company offers 3 different ranges of the system.
- Aug 2017Grant (prize money)$2.4M
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 in Ontario is moving
A read on the academic research around Electric Vehicles in Ontario — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 94 papers.
- University of Ontario Institute of Technology56
- Ontario Tech University37
- Ontario Power Generation1
- Battery (electricity)1→4
- Automotive engineering3→4
- Automotive engineering1→7
- Battery (electricity)2→6
- Power (physics)1→4
- Control theory (sociology)1→3
- Voltage1→3
- Automotive engineering4
- Computer security3
- Smart grid1
- Microgrid1
- Protocol (science)1
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.