Best Electric Vehicles Companies in Singapore
The 58 best Electric Vehicles companies in Singapore in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Beam.
Singapore's Electric Vehicles startup scene — 58 companies, $337M in disclosed funding, zero unicorns — is one of the more honest places to benchmark who's actually building versus who's just burning runway. SINGAUTO leads the directory at $45M raised, followed by ION Mobility at $31M, and Charge+ at $8M. The numbers don't lie: this is still an early-stage market, with most players clustered well below the $10M threshold. And yet the sector's projected CAGR of ~41.2% tells you the trajectory is real, driven by fuel prices, emissions pressure, and government incentives that are reshaping procurement decisions across the region.
What should you watch beyond funding? App-layer momentum is one signal I track closely: median install growth across EV-adjacent categories is running at roughly +19% YoY across 223 tracked apps, which suggests consumer adoption is outpacing the headline funding numbers. Hot coverage themes — EV powertrain advancements, next-generation platforms, R&D pipelines — are compounding that signal. As shown in 2019 research, battery chemistry improvements remain the structural unlock for mass EV adoption, and Singapore's active investors (Peak XV Partners, EDBI, 500 Global among them) seem to be betting precisely on that thesis playing out here.
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 Singapore
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Beam Operator of shared electric scooter networks for urban transportation needs | $135M | 52 mo ago | Series B | Deb Gangopadhyay Co-Founder & President | 2018 | WebflowGoogle MapsYouTube+23 | — |
| 2 | Neuron App-based rental platform of electric kick-scooter and bicycle | $81M | 50 mo ago | Series B | Harry Yu Co-Founder | 2016 | WordPressMySQLPHP+37 | — |
| 3 | SINGAUTO Developer of new-energy intelligent refrigerated vehicles and related software solutions | $45M | 28 mo ago | Series A | Yuqiang Liu Founder & Chairman | 2023 | — | — |
| 4 | ION Mobility Developer of electric motorcycles | $31M | 28 mo ago | Series A | James Chan Founder & CEO | 2019 | Node.jsHeadless UITailwind CSS+16 | — |
| 5 | Scorpio Electric Manufacturer of electric bikes and electric motorcycles, plus branded merchandise | $16M | 42 mo ago | Series B | — | 2017 | — | — |
| 6 | Oyika Developer of battery swapping technology for EVs | $11M | 38 mo ago | Series B | Jinsi Lee Co-Founder & CEO | 2018 | WordPressMySQLPHP+15 | — |
| 7 | Charge+ Provider of integrated electric vehicle charging solutions and related services | $8M | 22 mo ago | Series A | Chee Goh CEO | 2018 | WixSentrySalesforce+15 | 2 partnerships |
| 8 | Pyxis Provider of data-driven solutions for optimising business performance and growth | $3M | 6 mo ago | Series A | Tommy Phun Founder | 2022 | Wix eCommerceCart FunctionalityWix+15 | 1 internship · 1 launch |
| 9 | DeCharge Platform offering electric vehicle charging stations and related services | $2M | 15 mo ago | Seed | Prakash Kamaraj Co-Founder & CGO | 2023 | Cart FunctionalityNode.jsThree.js+27 | — |
| 10 | Blitz Electric Mobility Online platform offering electric moped subscription services | $2M | 10 mo ago | Seed | Saivya Chauhan Founder | 2019 | PHPBootstrapNginx+13 | — |
| 11 | PowerPod Provider of EV charging network | $1M | 30 mo ago | Seed | Ting D Founder | 2022 | TypeScriptGraphQLNode.js+15 | — |
| 12 | Carzuno Online car subscription platform | $500K | 55 mo ago | Acquired | — | 2021 | — | — |
| 13 | GCoreLab Thermal management company for electric vehicles | $482K | 158 mo ago | Deadpooled | PS Lee Co-Founder & CTO | 2011 | WordPressMySQLPHP+18 | — |
| 14 | Xnergy Provider of high-power wireless charging solutions for autonomous electrified mobility | — | 18 mo ago | Series A | CF Tong Co-Founder & CEO | 2018 | WordPressBetterDocsMySQL+20 | — |
| 15 | Interplex Manufacturer of interconnect and mechanical solutions | — | 40 mo ago | Acquired | Stephen Schwarzman CEO | 1958 | WordPressApple iCloud MailMySQL+37 | 1 launch |
Top 12 Electric Vehicles companies in Singapore
#1
Series A · Singapore, Singapore · founded 2022$3.4Mraised▾
Provider of data-driven solutions for optimising business performance and growth. It offers tools for analysis, reporting, and strategic planning. The focus is on delivering actionable insights to improve decision-making. The company supports businesses in various sectors to achieve their objectives.
- Dec 2025Conventional Debt—
- Dec 2025Series A$10.1M
- Feb 2024Seed$3.4M
#2
Seed · Singapore, Singapore · founded 2019 · 13 employees$1.6Mraised▾
Online platform offering electric moped subscription services. The platform enables users to subscribe to mopeds for rental by providing details like rental location, duration, etc. It offers features like insurance solutions, door-step vehicle delivery, monthly online payment options, etc. Also, it extends its services for food delivery companies, courier companies, etc.
- Aug 2025Seed—
- Mar 2024Seed$1.6M
#3
Seed · Singapore, Singapore · founded 2023$2.5Mraised▾
Platform offering electric vehicle charging stations and related services. It facilitates opportunities for individuals to host charging stations. The network provides hardware and setup for hosts to earn a share of charging fees. It also enables fractional ownership of charging infrastructure through tokenized assets.
- Mar 2025Seed$2.5M
#4
Series A · Singapore, Singapore · founded 2018$8Mraised▾
Provider of integrated electric vehicle charging solutions and related services. The company delivers supply, installation, and maintenance of charging points. It offers charging programs that enable collaborations with real estate developers, commercial building managements, and residential property owners. The company provides charging solutions for public housing, condominiums, commercial, industrial, and fleet operators.
- Sep 2024Series A$8M
- Oct 2023Series A—
#5
Series A · Singapore, Singapore · founded 2019 · 53 employees$31.3Mraised▾
Developer of electric motorcycles. The company is involved in the design and development of electric motorbikes that include features like a TFT display, an integrated battery pack, a keyless start, and more.
- Mar 2024Series A$2.5M
- Feb 2023Series A$18.7M
- Oct 2021Seed$6.8M
- 2020Seed$3.3M
#6
Series A · Singapore, Singapore · founded 2023$45Mraised▾
Developer of new-energy intelligent refrigerated vehicles and related software solutions. The company focuses on feeder logistics terminal products and technology services. It offers full stack forward development involving appearance design and software. The company is involved in platformization research and whole vehicle intelligence platform development. It specializes in the research, manufacturing, and technology services of feeder logistics hardware and software products.
- Feb 2024Series A$45M
#7
Series B · Singapore, Singapore · founded 2018 · 268 employees$135Mraised▾
Operator of shared electric scooter networks for urban transportation needs. These systems provide short-term rental access to motorized vehicles for travel within city environments. Users locate and unlock equipment through mobile applications to facilitate transit between points. The service includes maintenance and management of the vehicle fleet to ensure availability for public use.
- Feb 2022Series B$93M
- May 2020Series A$26M
- Oct 2018Seed$6.4M
#8
Series B · Singapore, Singapore · founded 2016 · 200 employees$81.4Mraised▾
App-based rental platform of electric kick-scooter and bicycle. . The platform provides app where riders can scan QR codes to unlock the vehicle. They can make online payments and end the trip by clicking a photo of the scooter parked at a designated station. It uses its self-developed fleet of electric kick-scooters and bicycles. They also offers charging stations for the kick-scooters. The mobile app is available for both Android and iOS devices.
- Apr 2022Series B$43.5M
- Sep 2020Series A$12M
- Dec 2019Series A$18.5M
- Feb 2019Seed$3.7M
#9
Series B · Singapore, Singapore · founded 2017 · 24 employees$16.4Mraised▾
Manufacturer of electric bikes and electric motorcycles, plus branded merchandise. The company offers electric two-wheeled vehicles. It also provides branded apparel and accessories. News updates cover product development, approvals, partnerships, and event participation.
- Jan 2023Series B$6.8M
- Nov 2020Series A$6.3M
- 2018Seed$1.5M
#10
Series B · Singapore, Singapore · founded 2018 · 85 employees$10.8Mraised▾
Oyika is a developer of battery swapping technology for EVs. It provides smart batteries, swapping cabinets for automated battery swapping, and a vehicle control unit enabling e-scooter location tracking, anti-theft and remote control. Its swapping station locator app enables users to find stations, reserve batteries beforehand, insert and collect batteries from the cabinet using facial recognition technology.
- Apr 2023Series B$10.8M
- Jun 2021Seed—
#11
Seed · Singapore, Singapore · founded 2022$1Mraised▾
Provider of EV charging network. It use the blockchain to create a decentralized mobility energy network offering access to shared EV charging network and peer to peer energy trading.
- Jan 2024Seed$1M
#12
Acquired · Singapore, Singapore · founded 2021 · 9 employees$500Kraised▾
Online car subscription platform. Users can find & choose their preferred car, select subscription length, and subscribe to the car via the platform & get it delivered to their homes. At the end of the subscription, users can either return their car, swap to a new car, or keep the same car at the same price. Their subscription plan includes insurance, road tax, servicing & maintenance, roadside assistance & more.
- Dec 2021Seed$500K
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 Singapore
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 315 Singapore-affiliated papers.
- Nanyang Technological University110
- National University of Singapore70
- University of Malaya46
- Newcastle University Singapore19
- Singapore University of Technology and Design18
- Battery (electricity)1→13
- Automotive engineering2→9
- State of charge1→5
- Mathematical optimization2→4
- Scheduling (production processes)3→4
- Automotive engineering8→29
- Power (physics)3→15
- Battery (electricity)8→18
- Electrical engineering4→13
- Electricity2→11
- Environmental economics1→5
- Automotive engineering1→4
Where electric vehicles is researched across Singapore
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
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.