Best Electric Vehicles Companies in Shanghai, China
The 52 best Electric Vehicles companies in Shanghai, China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Aiways.
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 Shanghai
| # | Company | Disclosed funding | Last round | Employees | Founded | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Aiways 🦄 Manufacturer of AI-powered electric cars 79Moat top 15%Talent top 23%Market top 25%Funding top 35% All 8 signals ▾Moattop 15% Talenttop 23% Markettop 25% Fundingtop 35% Producttop 36% AItop 45% Globalbottom 37% Newsbottom 32% Moat: Editorial + unicorn rating 9/10 · Unicorn Talent: 5 named leaders on record · 5 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 79/100 | $2.1B | 54 mo ago | 1,500 | 2017 | Samuel Fu Co-Founder & Chairman | — | — | — |
| 2 | ENOVATE 🦄 Manufacturer of electric cars 42Moat top 15%Funding top 41%Market top 44%Talent bottom 49% All 5 signals ▾Moattop 15% Fundingtop 41% Markettop 44% Talentbottom 49% Globalbottom 25% Moat: Editorial + unicorn rating 9/10 · Unicorn Funding: Raised $1.7B across 2 rounds · 2 rounds over 7 yrs (0.3/yr) rank vs industry peers · Fliar Intelligence Index 42/100 | $1.7B | 69 mo ago | 92 | 2015 | Hailiang Zhang Founder & CEO | — | — | — |
| 3 | Youxia Motors 🦄 Manufacturer of electric vehicles and related energy storage systems 60Moat top 15%Market top 34%Talent top 38%Funding top 42% All 5 signals ▾Moattop 15% Markettop 34% Talenttop 38% Fundingtop 42% Globalbottom 36% Moat: Editorial + unicorn rating 9/10 · Unicorn Market: 300 employees (top 30% of Energy Tech) · Unicorn (valued $3.4B) rank vs industry peers · Fliar Intelligence Index 60/100 | $1.3B | 95 mo ago | 300 | 2014 | Will Lee Co-Founder & MD | — | — | — |
| 4 | Zhiji Automobile Technology 🦄 Manufacturer of electric vehicles featuring advanced driver assistance and safety systems 40Funding top 35%Growth top 35%Moat top 37%Product top 49% All 8 signals ▾Fundingtop 35% Growthtop 35% Moattop 37% Producttop 49% Techbottom 39% Globalbottom 37% Marketbottom 36% Newsbottom 24% Funding: Raised $1.1B across 1 rounds · 1 rounds over 4 yrs (0.2/yr) Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 40/100 | $1.1B | 19 mo ago | 1 | 2011 | — | Node.jsNext.jsReact+5 | — | 2 expansions |
| 5 | NIO Manufacturer of electric vehicles, power solutions, and lifestyle products 83Funding top 19%Market top 26%Product top 27%Tech top 28% All 12 signals ▾Fundingtop 19% Markettop 26% Producttop 27% Techtop 28% Patentstop 29% Innovationtop 31% Newstop 33% Partnerstop 35% Moattop 35% Growthtop 36% Globaltop 45% Talentbottom 49% Funding: Raised $1.1B across 16 rounds · 16 rounds over 11 yrs (1.5/yr) Market: 38,820 employees (top 1% of Energy Tech) · Top-500,000 web property rank vs industry peers · Fliar Intelligence Index 83/100 | $1.1B | 25 mo ago | 38,820 | 2014 | William Li CEO | DrupalApple iCloud MailPHP+20 | 417 patents Battery swapping stations, EV charging, vehicle sensor synchronization, and onboard computing management | — |
| 6 | Polestones Manufacturer of automotive vehicles 40Funding top 40%Talent bottom 45%Global bottom 25% All 3 signals ▾Fundingtop 40% Talentbottom 45% Globalbottom 25% Funding: Raised $1.0B across 1 rounds · 1 rounds over 3 yrs (0.3/yr) Talent: 1 named leader on record rank vs industry peers · Fliar Intelligence Index 40/100 | $1.0B | 34 mo ago | — | 2023 | Chang Jing Founder | — | — | — |
| 7 | ROX Motor Manufacturer of smarts cars 55Funding top 26%Innovation top 41%Patents top 42%Market top 44% All 11 signals ▾Fundingtop 26% Innovationtop 41% Patentstop 42% Markettop 44% Growthtop 45% Partnerstop 45% Moatbottom 49% Talentbottom 49% Techbottom 45% Globalbottom 36% Newsbottom 18% Funding: Raised $1.0B across 2 rounds · 2 rounds over 4 yrs (0.5/yr) Innovation: 15 patents (top 78% of patent-holders) · 15 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 55/100 | $1.0B | 34 mo ago | 1,000 | 2021 | Changjing Co-Founder | Node.jsHeadless UITailwind CSS+10 | 15 patents Electric vehicle powertrain integration, battery thermal/control systems, and diagnostic technologies | 1 launch |
| 8 | ICONIQ Motors Developer of electric cars | $182M | 103 mo ago | 103 | 2016 | Karim Banna Co-Founder | — | — | — |
| 9 | Zhenqu Technology Manufacturer of automotive-certified power modules and electric vehicle solutions 60Funding top 25%Moat top 31%Talent top 38%Market top 43% All 5 signals ▾Fundingtop 25% Moattop 31% Talenttop 38% Markettop 43% Globalbottom 37% Funding: Raised $152M across 4 rounds · 4 rounds over 6 yrs (0.7/yr) Moat: Editorial + unicorn rating 8/10 · Soonicorn rank vs industry peers · Fliar Intelligence Index 60/100 | $152M | 10 mo ago | 350 | 2017 | Jie Shen Founder | — | — | — |
| 10 | Volant Aerotech Developer of electric VTOL aircraft 35Funding top 27%Moat top 31%Talent bottom 49%Market bottom 40% All 5 signals ▾Fundingtop 27% Moattop 31% Talentbottom 49% Marketbottom 40% Globalbottom 36% Funding: Raised $56.4M across 4 rounds · 4 rounds over 5 yrs (0.8/yr) Moat: Editorial + unicorn rating 8/10 · Soonicorn rank vs industry peers · Fliar Intelligence Index 35/100 | $56M | 3 mo ago | — | 2021 | Wei Yu Co-Founder | — | — | — |
| 11 | Envision AESC Developer of IoT-based battery management and lifecycle optimization systems for EVs | $50M | 87 mo ago | 5,000 | 2007 | Shoichi Matsumoto CEO | Microsoft 365 | — | — |
| 12 | niu technologies Niu Technologies is an electric scooter manufacturing company that provides smart urban mobility solutions. | $50M | 93 mo ago | 641 | 2014 | — | Cart FunctionalityShopifySentry+46 | — | — |
| 13 | SHPT Manufacturer of powertrain system for electric vehicles 50Market top 46%Funding top 49%Global bottom 36% All 3 signals ▾Markettop 46% Fundingtop 49% Globalbottom 36% Market: 223 employees (top 34% of Energy Tech) Funding: Raised $21.1M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 50/100 | $21M | 30 mo ago | 223 | 2018 | — | — | — | — |
| 14 | Shenmachuxing.com IoT-enabled B2C retail platform for electric vehicles | $20M | 87 mo ago | 70 | 2018 | Ning Rui Founder & CEO | — | — | — |
| 15 | Shanghai Dajun Power Control Technology Manufacturer of electric motors and controllers for EVs | $20M | 174 mo ago | 600 | 2005 | — | — | — | — |
| 16 | Shanghai Bangbang Robot Provider of assistive robotic solution for individuals with mobility issues | $15M | 48 mo ago | 40 | 2016 | Li Jianguo Founder & CEO | NginxAOSSwiper+3 | — | — |
| 17 | PAI Developer and manufacturer of electric motorcycles | $14M | 37 mo ago | — | 2021 | Hongtao Ning Co-Founder | — | — | — |
| 18 | Qdigo Electric two-wheeler ridesharing service | $7M | 111 mo ago | — | 2016 | Feng Jirang CEO | — | — | — |
| 19 | Zhonglaidian Shanghai Technology Development Provider of EV charging solution 14Funding bottom 41%Global bottom 25% All 2 signals ▾Fundingbottom 41% Globalbottom 25% Funding: Raised $4.8M · 1 rounds over 2 yrs (0.5/yr) Global: Single-market focus (China) rank vs industry peers · Fliar Intelligence Index 14/100 | $5M | 24 mo ago | — | — | — | — | — | — |
Top 12 Electric Vehicles companies in Shanghai
#1
Series C · Shanghai, Shanghai · founded 2021$56.4Mraised▾
Developer of electric VTOL aircraft. The cpompany offers features like integrated avionics system, collision avoidance, airborne maintenance, and more.
- Apr 2026Series C$300M
- Oct 2025Series B—
- Aug 2024Series A—
- Jun 2024Series A$13.8M
#2
Series E · Pudong, Shanghai · founded 2017 · 350 employees$151.9Mraised▾
Manufacturer of automotive-certified power modules and electric vehicle solutions. The company's products cover power modules, motor controllers, and electric vehicle solutions.
- Sep 2025Series E$84.1M
- Feb 2025Series E—
- Oct 2023Series D$83.4M
- Sep 2023Series C—
#3
Series B · Shanghai, Shanghai · founded 2011 · 1 employees$1.1Braised▾
Manufacturer of electric vehicles featuring advanced driver assistance and safety systems. The company offers multiple models with customized color options and interior designs. Vehicles incorporate digital chassis technology and passive safety features. The company provides user manuals, privacy terms, and information disclosure documentation.
- Dec 2024Series B—
- Mar 2024Series B$1.1B
- Aug 2022Series A—
#4
Public · Shanghai, Shanghai · founded 2014 · 38820 employees$1.1Braised▾
Manufacturer of electric vehicles, power solutions, and lifestyle products. The company designs and produces a range of electric sedans, SUVs, and sports cars. It also provides battery swapping services, charging solutions, and roadside assistance. Additionally, the company offers a selection of branded merchandise and accessories.
- Jun 2024Post IPO$207.1M
- Dec 2023Post IPO$2.2B
- Jun 2023Post IPO$738.5M
- Apr 2022Post IPO$1B
#5
Series D · Shanghai, Shanghai · founded 2021 · 1000 employees$1Braised▾
Manufacturer of smarts cars. The comapny develops vehicles with features that includes lithium-ion batteries, anti-theft system, speed-charging, and more.
- Sep 2023Series D—
- Apr 2022Series D$200M
- Jan 2022Series C$100M
#6
Series D · Yangpu, Shanghai · founded 2023$1Braised▾
Manufacturer of automotive vehicles
- Sep 2023Series D$1B
#7
Aiways 🦄Series D · Shanghai, Shanghai · founded 2017 · 1500 employees$2.1Braised▾
Manufacturer of AI-powered electric cars. The company is developing electric vehicles with features such as intelligent driving, automatic parking, a voice interface system, battery safety with a patented sandwich structure, safety and fatigue warning, smart home remote connections ecological, and more.
- Jan 2022Series D—
- May 2021Series D$475.9K
- Jan 2021Series D—
- May 2019Series D$144.9M
#8
ENOVATE 🦄Series B · Shanghai, Shanghai · founded 2015 · 92 employees$1.7Braised▾
Manufacturer of electric cars. It develops various brands of cars like ME-7, ME-5, and more. It offers features like vibrant colors, optimized battery, eco-friendly rides, etc.
- Oct 2020Series B$744M
- Apr 2019Series A$298M
#9
Series B · Shanghai, Shanghai · founded 2014 · 300 employees$1.3Braised▾
Manufacturer of electric vehicles and related energy storage systems. It designs, develops, manufactures, and sells high-performance electric vehicles. The company also produces energy storage systems for home, commercial, and utility-scale applications. It operates a network of service locations and charging stations.
- Aug 2018Series B$350M
- Mar 2018Series B$794M
- Oct 2017Series A$185.4M
#10
Seed · Shanghai, Shanghai · founded 2018 · 223 employees$21.1Mraised▾
Manufacturer of powertrain system for electric vehicles. The platform develops system that includes motors, batteries, controllers, and more.
- Jan 2024Seed$21.1M
#11
Series A · Shanghai, Shanghai$4.8Mraised▾
Provider of EV charging solution
#12
Series C · Shanghai, Shanghai · founded 2016 · 103 employees$182.5Mraised▾
Developer of electric cars. The company develops various models of electric cars like Seven SPV, Muse with features like lithium battery, 109 kWh battery range, voice control system, 4-7 seater capacity, cloud-enabled autonomous driving, etc.
- Dec 2017Series C$182.5M
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 Shanghai is moving
A read on the academic research around Electric Vehicles in Shanghai — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 791 papers.
Shanghai Jiao Tong University and Shanghai Electric lead EV and battery technology research with an optimistic advancement focus, though minor concern threads persist.
- Shanghai Electric250
- Shanghai Jiao Tong University228
- Shanghai University of Electric Power82
- Shanghai University74
- Shanghai Dianji University41
- Grid2→26
- Battery (electricity)1→24
- Automotive engineering4→26
- Power (physics)1→16
- Charging station1→13
- Automotive engineering15→144
- Power (physics)3→63
- Grid4→60
- Charging station4→55
- Scheduling (production processes)4→45
- Automotive engineering2→12
- Powertrain2→3