Top 10 Electric Mobility Companies Across the Globe

The transportation sector is undergoing a significant change, with electric mobility at the core of this transformation. This has now evolved as a strategic priority of different governments, industries and individuals globally. Electric mobility includes varied electric vehicles such as Plug-In Hybrid Electric Vehicles, Battery Electric Vehicles, and Hybrid Electric Vehicles.

The need for electric vehicles is driven by the growing need to reduce carbon emissions, improve energy efficiency and encourage cleaner urban living. Additionally, advancements in battery technology, changing infrastructure and renewable energy integration also contributes to its growing adoption. 

These provide a pathway to achieve climate targets for governments, while reducing its dependency on fossil fuels. Moreover, incentives including subsidies, tax benefits and infrastructure investments are also creating favorable ecosystem for electric mobility adoption.

Shifting consumer behavior, lower running costs, quitter operations and growing charging networks are accelerating the public confidence in electric mobility. It has evolved as a part of broader mobility ecosystem that connects technology, energy and infrastructure.

Fortune Business Insights stated that market for electric mobility is noticing a significant growth with a CAGR of 28.7% and is expected to reach a revenue share of USD 4,496.68 billion by 2032.

List of Top Electric Mobility Companies Worldwide:

1. Tesla Inc

A prominent American company, Tesla, Inc., specializes in battery energy storage, solar power products, and electric vehicles (EVs). The company is expert in its innovative approach toward electric mobility. It offers a range of products including Model X, Model 3, Model S, Model Y, and others, with its Autopilot Driving Assistance System. The firm is focusing on growing its presence across different markets. For instance, Tesla, in January 2024, stated its plans to make an economical robotaxi and an entry-level electric car priced at USD 25,000 based on the similar vehicle construction in 2025. This would allow the company to compete with inexpensive gasoline-powered cars and a rising number of low-cost EVs, particularly made by China's BYD. 

2. Nissan Motor Corporation

Nissan Motor Corporation is a Japan-based multinational automobile manufacturer that manufactures, designs, and sells a wide range of vehicles including in electric mobility. The firm is constantly focusing on expanding its EV lineup and adopting electrification as its long-term strategy. The firm’s “Ambition 2030” vision aims to accelerate the shift towards electric vehicles and develop EV energy ecosystem. This compiles manufacturing new electrified models, enhancing EV technology and accessibility as well as growing the number of EVs produced. For instance, in October 2024, The Nissan Formula E Team announced the introduction of a four-year global collaboration with Petromin Corporation, a well-known provider of mobility solutions across the Middle East region. This partnership is predicted to focus primarily on Petromin's EV charging subsidiary named Electromin, as the firm expects a growing recognition of electric mobility across the region.

3. BMW Motorrad

The motorcycle line of BMW, MBW Motorrad, is a German based automotive manufacturer. It is known for producing motorcycles since 1923, including superbikes to tourers and adventure bikes. Currently the firm is actively investing in electric mobility especially for urban environment. Its current offerings include CE 02 eParkourer and CE 02 scooter. These are designed for riding through urban areas with a major focus on innovative features and sustainability. For instance, BMW Motorrad India publically announced its opening electric model named BMW CE 04, in July 2024. This marked the entrance of India’s first superior electric scooter. This urban electric scooter will be presented as a Completely Built-up Unit (CBU) in select metropolitan areas in the country.

4. General Motors Company

General Motors Company is a prominent American firm headquartered in Detroit, Michigan, U.S. the firm is known for its automobile brands namely, GMC, Chevrolet, Buick, and Cadillac. It is heavily investing in EV technology aiming to expand its electric mobility offerings. This could include a varied lineup of EVs across different brands. The company also aims to reduce tailpipe emissions from new light-duty vehicles by the end of 2035. For instance, the company partnered with ChargePoint, a significant provider of networked charging solutions for electric vehicles in Dec 2024. This partnership aims to improve EV infrastructure across the U.S. The partnership focuses on producing numerous ultra-fast charging ports at prominent locations nationwide. It adopts cutting-edge technology to advance charger accessibility and allow drivers to arrive to the road rapidly. Additionally, in September 2024, a worldwide automotive operator, Hyundai and General Motors (GM) signed an agreement intended at discovering possible collaboration in key tactical areas of automotive technology. This collaboration will aim to advance the clean energy, hydrogen and electric vehicles technologies.

5. Honda Motor Company, Ltd

A leading Japanese multinational gain, Honda Motor Company, Ltd. is known for manufacturing motorcycles and automobiles. The firm is expanding its electric vehicle offerings, by focusing on carbon neutrality by 2040. It has introduced a varied EV models such as automobiles and motorcycles, and investing in different technologies for effective production and battery development. For instance, in November 2024, Honda introduced two major electric motorcycle concept models, namely the "EV Fun Concept" and the "EV Urban Concept," at the EICMA 2024 event in Milan, Italy. In March 2024, Nissan Motor Co., Ltd, a Japanese automotive competitors and Honda Motor Co., Ltd. announced a new agreement. This aims to conduct a feasibility study intended at discovering a strategic partnership motivated on vehicle electrification and intelligent mobility. Additionally, Honda Motor Co., Ltd. and Mitsubishi Corporation announced the creation of a new 50/50 joint venture called ALTNA Co., Ltd., which was in July 2024. This initiative monitors a memorandum of understanding signed by the companies in October 2023. This will discover opportunities for new business ventures as a consequence to the predictable growth of the electric vehicle (EV) market and a shift to decarbonized future.

Will the Speedy Technology Advancements Alter the Electric Mobility Landscape?

The future of electric mobility extends beyond transportation, showcasing a smarter, cleaner, and interconnected world. With the evolving technology, mobility would be defined by seamless transportation integrated with energy systems, sustainable urban planning and energy systems. The introduction of artificial intelligence, with renewable powered charging hubs is reshaping this transformation. Additionally, autonomous electric shuttles, vehicle-to-grid energy sharing and personalized mobility services is evolving as a crucial component that connects humans, technology and environment.