5 New Electric Car Companies Coming in 2023 and Beyond

The automotive landscape is buzzing with energy as it quickly moves towards electric vehicles. This shift opens doors for emerging automakers to make their mark and dive into the EV excitement. Tesla blazed this trail more than ten years ago, and today, several well-backed startups are aiming to challenge established car manufacturers with their fresh and inventive electric vehicle designs. To guide you through this evolving market, we’ve put together a list of some of the most promising new EV companies to watch out for in the upcoming years.

Let’s dive into our lineup of upcoming EV makers.

VinFast

VinFast, originating from Vietnam and with its main office in Singapore, marks the company’s first foray into international markets. The brand plans to establish numerous dealerships across the U.S. by the end of 2022, with all locations initially set in California. Upon entering the U.S. market, VinFast will introduce two models: the VF 8 and VF 9. An interesting approach from VinFast is their distinctive battery subscription service, which splits the cost between the vehicle itself and the battery.

Fisker

Henrik Fisker, the creative mind behind the BMW Z8 and Aston Martin DB9, didn’t strike it lucky with his initial venture into the automotive industry under his own name during the 2000s. His creation, the Fisker Karma, evolved into the Karma Revero and currently the Karma GS-6, even though the original Fisker Automotive has since ceased operations.

Not deterred, the automotive design maestro has returned with a new company also named after him. This time, however, he’s focusing on designing sleek electric vehicles instead of futuristic plug-in executive sedans. Leading the lineup will be the Fisker Ocean, slated to begin production towards the end of 2022, with plans for the uniquely affordable Fisker Pear to follow.

Canoo

Canoo’s vehicles stand out as much as its distinctive name suggests, making the company memorable in a crowded market. Despite this, Canoo has navigated through management disagreements and hurdles in launching its products. The automaker aims to introduce a range of vehicles including a van, a pickup truck, and a boxy delivery van that resembles a construction from Legos.

Canoo’s van and truck are notable for their cab-over design, positioning the driver and front passenger above the front axle, a departure from the norm. This design echoes the style of vintage semi-trucks and school buses, offering a look that’s truly unique on today’s roads.

DeLorean

Indeed, we’re referring to the very same DeLorean, the creators of the iconic stainless steel car that starred in the “Back to the Future” movies. While its days of producing standout time-traveling supercars are in the past, DeLorean has made a comeback, this time stepping into the electric vehicle arena, with concepts that are a sight to behold.

The highlight from DeLorean, the Alpha5, is a sleek four-seater equipped with two large doors that swing upward in a dramatic gullwing style. DeLorean is touting impressive specs for the Alpha5, including a 0-60 mph acceleration in just 2.99 seconds, a maximum speed of 155 mph, and the ability to travel over 300 miles on a single charge.

INDI

INDI EV is a fresh face in the electric vehicle scene, hailing from Southern California. Their first launch is an electric crossover that bears resemblance to a mix of the Tesla Model Y and BMW i3, dubbed the INDI One. This vehicle is equipped with a 95-kWh battery capable of achieving an estimated range of up to 300 miles. INDI highlights that it will feature adjustable air suspension and all-wheel drive.

However, the most notable aspect of this new EV is what’s termed as a “supercomputer” under the hood. In essence, it boasts a capable Windows gaming setup situated beneath the crossover’s transparent hood. This innovation not only enables a host of applications and software capabilities but also supports two 15-inch displays, introducing a gaming experience right into the vehicle’s interior.

Final Thoughts

While our focus is on the newcomers in the car industry, it’s impossible to overlook the traditional car manufacturers. Many of these established players are set to transform into partially or fully electric brands by the decade’s end. Companies like Hyundai and Mercedes-Benz have already carved out dedicated electric vehicle segments within their broader product ranges, emphasizing the development and manufacturing of EVs.

Virtually every major car maker has pledged to dedicate a significant part of their manufacturing capabilities to electric vehicles. Therefore, although there’s plenty of excitement around the emergence of new EV companies, the familiar names in the automobile world are likely to resemble these newcomers more closely as we move forward.

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