Electra Vehicles Revenue and Competitors

Electra Vehicles, Inc. is an industry leader and pioneer of hybrid energy storage system design and controls for automotive and grid applications. Electra was founded in 2015 by energy storage experts Fabrizio Martini and Nicolò Brambilla, and rocketed to success in the clean-tech startup space in Boston, reaching the Top-26 of the 2016 MassChallenge startup incubator, participating in Cleantech Open Northeast, and receiving extensive support from the Massachusetts Clean Energy Center. Energy storage technology is the critical element to enable large-scale implementation of electric vehicles and renewable energy, but existing systems are oversized, and thus overpriced. The optimized hybrid energy storage system design and controls used by Electra have been shown to reduce system cost by as much as 42%, double the lifetime of the battery system, and greatly improve performance in periods of high-current charging and discharging. Electra Vehicles' team believes accelerating energy innovations in battery technology is the key technological challenge to addressing climate change. Who is better to address this issue than a team of energy storage experts. Contact Electra Vehicles to see how our design solutions can improve upon your existing battery technology.