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3 Electric Car Startups to Watch Out For In 2018

3 Electric Car Startups to Watch Out For In 2018

The move to electric is already well underway, but a full-blown revolution is just around the corner.

Companies like Tesla, Mercedes Benz, BMW, and countless others are expanding their electric ranges. And every other car manufacturer that’s yet to get on board is gradually taking orders for new models that will embrace the very latest in environmentally friendly design. Between them all, the number of new models planned to hit the market over the next few years is topping well over 100.

But despite popular brands getting most of the press, it’s not only the big car companies that are driving the electric vehicle movement. Several startups are making their name in the electric vehicle market and are proving you don’t need to be big to make a big impact.

With fresh takes on renewable materials, battery technology, and vehicle software, it’s these small startups — not just the heavyweights — that businesses should be keeping a close eye on over the next few years.

Faraday Future

Founded in 2014 in California’s Silicon Valley, Faraday Future is a small team comprised of ex-Tesla visionaries.

With their extensive experience and focus on the needs of the future, the team clearly has an exciting future ahead of them. However, they’ve already reached a huge goal by creating the FF91 electric model using molecular material design and sustainable manufacturing processes. The design is largely user-centric and pays close attention to the functioning needs of the urban environment. Faraday is currently taking orders for the FF91 and promising delivery of their innovative battery pack model later this year.

Lucid Motors

It may be a startup, but this luxury electric car company has invested over $131 million (£92 million) into improving the top level software and structural design on their newest model.

Based out of California and founded in 2017, Lucid Motors already offer a premium shelf electric model for around $50,000 (£35,000) after tax rebates. Its major USP is a smaller, more efficient transmission that’s more power dense than most current models, with the 1000HP engine providing one of the longest drive ranges at 400 miles.

Their commitment to style and elegance has inspired an open cabin design where every inch of space is optimised for user convenience and comfort. Lucid’s driving principle is that luxury should also be available for those who want to be environmentally conscious.

Uniti

This Swedish startup Uniti began development on its EU-L7e electric model in 2016, and it is now finally set for public release later this year.

The focus of Uniti is sustainable manufacturing and the use of composite materials and renewable resources. The EU-L7e currently boasts the smallest carbon footprint of any electric vehicle being built. The company got its break after a successful crowdfund campaign and have been going strong ever since. Its aim is to make electric transportation attainable for everyone, starting with offering its newest model at under $25k (£17k).

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