Best Electric Vehicles Companies in Shenzhen, China
The 74 best Electric Vehicles companies in Shenzhen, China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: BYD.
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 Shenzhen
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | BYD 🦄 Manufacturer of electric cars, sedans, SUVs, batteries, and rail transit 95Patents top 7%Innovation top 15%Funding top 16%Market top 18% All 11 signals ▾Patentstop 7% Innovationtop 15% Fundingtop 16% Markettop 18% Techtop 18% Globaltop 22% Producttop 23% Talenttop 23% Moattop 26% Growthtop 37% Newstop 46% Patents: 16,258 patents matched (strict assignee match) · 6570 filings since 2022 vs 3098 in 2017-21 Innovation: 16,258 patents (top 2% of patent-holders) · 6570 filings since 2022 vs 3098 in 2017-21 rank vs industry peers · Fliar Intelligence Index 95/100 | $6.8B | 15 mo ago | Public | Lu Xiangyang Co-Founder | 1994 | WordPressMySQLPHP+19 | 1 partnership |
| 2 | Ponycar Self drive electric vehicle rental service | $83M | 102 mo ago | Series C | Liu Yixun Founder | 2016 | — | — |
| 3 | Laidian Provider of the mobile phone charging network | $20M | 110 mo ago | Series A | Yun Huang Co-Founder | 2013 | — | — |
| 4 | Shenzhen Encore Technology Manufacturer of electric vehicle chargers and associated products | $10M | 44 mo ago | Series C | Dai Guofeng Founder | 2015 | — | — |
| 5 | Exway Manufacturer of smart electric skateboards | $6M | 50 mo ago | Series A | Chao Zeng Co-Founder & CEO | 2016 | Cart FunctionalityShopifyTailwind CSS+33 | — |
| 6 | YOOTECH Provider of solutions for wireless charging | $891K | 86 mo ago | Deadpooled | Roy Luo Founder | 2015 | — | — |
| 7 | CosWheel Developer of foldable electric bicycle | $306K | 126 mo ago | Seed | Hussar Peng CEO | 2015 | WordPress Block EditorElementorCart Functionality+31 | — |
| 8 | Hooenergy Charging solutions for electric vehicles | — | 42 mo ago | Series A | Zhang Shu CEO | 2016 | — | — |
Top 12 Electric Vehicles companies in Shenzhen
#1
BYD 🦄Public · Shenzhen, Guangdong Province · founded 1994 · 1074 employees$6.8Braised▾
Manufacturer of electric cars, sedans, SUVs, batteries, and rail transit. It focuses on providing comprehensive energy solutions. The company designs and produces electric automobiles, buses, and trucks. It also manufactures batteries used in electric storage and renewable energy applications.
- Mar 2025Post IPO$5.6B
- Oct 2021Post IPO—
- Feb 2021Post IPO$200M
- Jun 2020Post IPO$112.9M
#2
Series C · Shenzhen, Guangdong Province · founded 2015 · 300 employees$10Mraised▾
Shenzhen Encore Technology (EN+ Technology) is focused on providing electric vehicle charging solutions for both personal & commercial purposes. Its product portfolio includes portable charging box, AC charging stations, DC charging piles, charging gateway, EV charging app, and a management system for charging stations. The company designs and develops a range of AC/DC charging terminals with features such as IP65 protection, advertising screens, standby power consumption of 3W, etc.
- Sep 2022Series C$10M
#3
Series C · Shenzhen, Guangdong Province · founded 2016 · 50 employees$83Mraised▾
PonyCar offers self-drive electric vehicle rental services. Rents out its vehicles on a time-sharing model viz. per minute basis. Bookings can be made via the PonyCar app or the WeChat public account. Through the app, users can locate a nearby available rental station, reserve a car, and make payments for their trip. Apps are available for both Android & iOS devices. Has partnered with parking service provider ETCP to ensure availability of cars through their parking lots.
- Dec 2017Series C$37.8M
- Jun 2017Series B$22.1M
- Mar 2017Series A$7.3M
#4
Series A · Shenzhen, Guangdong Province · founded 2016 · 1 employees$6.3Mraised▾
Manufacturer of smart electric skateboards. The company develops skateboard model "Exway X1" which is powered by dual hub motor, 120Wh battery pack, Bluetooth remote controller, and FOC electronic speed controller. Also, the board can offer a range of 16 km with a top speed of 40 km/h. The company also offers an app that can be paired with skateboards via the Bluetooth in order to monitor and control the skateboard.
- Apr 2022Series A$6.3M
#5
Series A · Shenzhen, Guangdong Province · founded 2013$20Mraised▾
Provider of the mobile phone charging network. The company offers two types of storage boxes containing 12 chargers and 40 chargers respectively. Focuses on larger public spaces such as train stations, airports, tourist attractions and hospitals, unlike its competitors who target shopping malls and restaurants. Customers can rent the chargers by scanning a QR code on the equipment and pay by Wechat Pay, Union Pay or Apple Pay.
- Apr 2017Series A$20M
#6
Deadpooled · Shenzhen, Guangdong Province · founded 2015$891Kraised▾
Provider of solutions for wireless charging
- Apr 2019Angel$891K
#7
Seed · Shenzhen, Guangdong Province · founded 2015$306Kraised▾
CosWheel is a developer to electric bicycles. The flagship product A-One is a foldable electric bicycle with patented design. Some of its features are LCD display panel, 4-5 hours on one full charge, speed of about 35kmph and mileage of about 45km, safety lights etc. It also has an app which enables users to select mode, navigate through maps, monitor speed etc. Claims to have raised Seed round of funding.
- Dec 2015Seed$306K
#8
Series A · Shenzhen, Guangdong Province · founded 2016—raised▾
Charging solutions for electric vehicles. Manufactures electric charging stands, Electric Pile, which can be installed by charging station operators at their stations. Has 4 products under its Electric Pile brand with features like self-operated, auto-diagnostics, remote control and others. Also, provides a mobile application and web-based dashboard which can be used to locate the nearest charging stations and monitor the charging status of electric vehicles.
- Dec 2022Series A—
- Dec 2022Conventional Debt—
- Mar 2022Seed—
#9
Seed · Shenzhen, Guangdong Province · founded 2017—raised▾
Hycan is a manufacturer of AI-enabled electric cars. Its features include oil-based cooling, a smart navigator, three-body touchscreen display, long wheelbase, space capsule seat, micromotion detector, AI-based fatigue monitoring, driving assistance, smart cameras, multi-functional power matrix and ultrasonic radars for parking.
- Jun 2020Seed—
#10
Seed · Shenzhen, Guangdong Province · founded 2016—raised▾
Haylion Technologies is focused on developing self-driving technologies for public transport systems. It has developed 'Alphaba Intelligent Driving Public System' which comprises autonomous driving technologies, a cloud-based management system, and full-fledged transport infrastructure. Its transport systems feature ultra-fast charge batteries, low-frequency wireless charging, LiDAR, and an AI-powered intelligent vehicle control system.
- Jun 2020Grant (prize money)—
- Sep 2018Seed—
#11
Series B · Shenzhen, Guangdong Province · founded 2010 · 1500 employees—raised▾
Ebusbar (aka Shenzhen Busbar Sci-Tech Development Co.) is a Chinese company focused on developing charging terminal and points for electric vehicle charging application. Ebusbar also develops charging connectors, bus bars, and cell connectors. The company has offices in China and Germany.
- Dec 2017Series B—
#12
Deadpooled · Shenzhen, Guangdong Province · founded 2014—raised▾
Jxchelian is an intelligent bicycles technology developer. It has two products one is BeginONE which is a smart bike and another is PassionONE, a hybrid bicycle. Some of its features include controlling the bike lock via mobile app, GPS positioning of the vehicle, driving record, SOS automation in case of an accident.
- Dec 2015Series B—
- Apr 2015Series A—
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 Shenzhen is moving
A read on the academic research around Electric Vehicles in Shenzhen — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 301 papers.
- Shenzhen University69
- Tsinghua–Berkeley Shenzhen Institute44
- Chinese University of Hong Kong, Shenzhen39
- Shenzhen Institutes of Advanced Technology38
- Shenzhen Stock Exchange33
- Automotive engineering2→12
- Charging station1→9
- Power (physics)1→9
- Battery (electricity)2→5
- Transport engineering1→3
- Automotive engineering5→43
- Battery (electricity)4→24
- Scheduling (production processes)2→20
- Charging station3→20
- Electricity1→14
- Software deployment3
- Grid3
- Driving range3
- Transport engineering3
- Subsidy2
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.