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Future Electric Car Companies

The first EV available was released in 2008 by Tesla, this company held onto the majority of the EV market share worldwide for several years. Different well-established automakers like Volvo, Audi, Ford, and others, have also released Plug-in Hybrid EVs (PHEVs) and a few fully Battery Electric Vehicles (BEV).

Basically every new all-electric car company will be launching BEV options to the market in the present and following years. Some of these include Fisker, Rivian, Faraday Future, Canoo, and several others. In this article we dive into the best new electric car companies entering the market in 2022 and the next few years. We will also talk about expected EV launches and Tesla competitors.

The Best New Electric Car Companies

Many new electric car manufacturers are entering the EV share market in 2022 and 2023. The following list shows some of the best companies offering new EV solutions for drivers worldwide.

Canoo

Canoo is one of the most popular new EV makers founded in 2018. The company received NASA’s sign of approval when it was selected as the main designer and manufacturer of EVs to be used in the Artemis mission. Canoo also made a definitive deal with Walmart to provide them with 4,500 EVs for their industrial fleet. The company will be launching its first SUV EV late in 2022. Preorders have already been opened, the starting price is set at $34,750.

Fisker Inc.

Founded in 2016, Fisker Inc. is expected to be one of the best new EV car companies releasing its first EV in late 2022. The company will be starting by launching an SUV called Fisker Ocean with preorders already opened starting at the price of $37,499. Planned production of the Fisker Ocean for 2023 has already been sold out, which is why the company is planning to increase the production rate for the year.

Rivian

Rivian was founded in 2009 and focused its efforts on creating reliable and robust EV solutions for the general public. This is one of the new EV manufacturers gathering more strength in the market, since it is backed by major companies like Amazon and Ford, Amazon has even already asked for 100,000 EV delivery vans for future years.

Released EVs for the general public will start in the fourth quarter of 2022. The first launched EV will focus on off-road capable SUVs starting at $67,500, making it one of the most expected future electric car companies releasing vehicles with preorders already opened.

Faraday Future

Founded in 2014, Faraday Future is one of the most anticipated upcoming EV manufacturers debuting in the Q4 of 2022. The first vehicle to be released by this EV maker is the FF 91, an EV featuring an innovative futuristic design and many interesting features. Users can design their FF 91 EVs and preorder them already.

Electric Cars That Automakers Have Added To Their Lines: The Most Anticipated In the Next 5 Years

EV enthusiasts are already anticipating the moment to learn about future releases from every new electric car company launching to the market in the following years. In this section, we list the most anticipated EVs that are either in the concept stage or in production with due date in the following 5 years.

BMW i7 (Q1 2023)

BMW has already made its debut in the EV market with different models like the BMW iX3, i4, iX, and others. The most anticipated release is yet to come with the BMW i7 Sedan, featuring a starting price of $119,300. This new vehicle will be featuring a range of 300 miles, a motor of 536 HP, and it will be able to reach 0 to 60 mph in just 4.5 seconds.

Cadillac Lyriq (2023 – 2024)

The Lyriq SUV is the first attempt of Cadillac to become one of the new EV car companies in the market. Orders for this EV are already full for 2023, Cadillac is already taking preorders for 2024. On top of its futuristic and innovative design, this EV will feature a 33-inch’ LED display, 321 miles range, and an AWD driving mode that features two electric motors to power all four wheels.

Audi A6 e-Tron Sedan (2023)

Audi is a worldwide renowned automaker that has already made its debut in the EV world with the 2022 Audi Q4 e-Tron. This time, Audi is releasing the innovative A6 Sedan as part of the e-Tron EV family.
Production for the Audi A6 e-Tron Sedan is expected to begin in Q4 2022 and hit the market in 2023. The Audi A6 e-Tron will feature a 100 kWh battery to deliver an autonomy of 232 miles, an AWD driving mode, a 469 HP motor, and it will reach from 0 to 60 mph in just 4.0 seconds.

Electric Car Startups That Want To Compete With Tesla

With a $967.71 billion market cap, Tesla has positioned itself as the main EV manufacturer for years, but new electric car makers are attempting to compete against it. Considering long waiting times, high costs for EVs, and limited EV models in the market, these upcoming electric car manufacturers might have a chance.

Rivian

Rivian is a US-born EV Company who wants to overcome Tesla for the first place. This EV manufacturer already has a long waiting list of EVs and is backed by Ford and Amazon. Featuring a $32.83 billion market cap, this company is placed as the third largest EV Company by market cap and it is showing great promise by handling large request orders from Amazon.

Lucid Motors

Created by a former chief engineer by Tesla who participated in the design of Tesla’s Model S, Lucid Motors is an upcoming EV manufacturer that will launch its first EV to the general public in Q4 2022. With a $31.48 billion market cap, Lucid Motors is placed as the fifth largest EV Company worldwide. This company designs luxury electric cars with prices starting at $77,400.

Nick Zamanov
Head of Business Development | Website | Posts

Nick Zamanov is a head of sales and business development at Cyber Switching. He is an expert in EV infrastructure space and he is an EV enthusiast since 2012, Since then Nick strongly believed that electric vehicles would eventually replace Internal Combustion Engine (ICE) cars.

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