Coherent (Silicon Carbide unit) Valuation, Funding & Investors

Nyobolt is a Cambridge-based developer of lithium-sulfur batteries for electric vehicles emphasizing ultra-fast charging. The technology achieves 200 kW power output, recharging from 10 to 90 percent in under five minutes while storing 400 Wh/kg energy density. Founded in 2020 from University of Cambridge research, Nyobolt partners with H1 Vehicle Intelligence for prototype testing and raised $25 million in Series A funding.

Ninebot Ltd is engaged in the research and development, design, manufacturing, distribution and sales of short-distance transportation products. The products offered by the company include electric balance bikes and electric scooters for short distance commuting.

Archer Aviation Inc advances the benefits of sustainable air mobility. The company is engaged in designing and developing a fully electric vertical takeoff and landing eVTOL aircraft for use in UAM networks. It is creating an electric airline that moves people throughout cities in a quick, safe, sustainable, and cost-effective manner.

QuantumScape Corporation is an American company that researches and develops solid-state rechargeable lithium metal batteries for use in electric cars. It was founded in 2010 and is headquartered in San Jose, California, employs around 850 people. Major investors include Volkswagen Group and Bill Gates.

Aima Technology Group Co Ltd is engaged in the research and development, production, and sales of electric bicycles, electric mopeds, and electric motorcycles.

Rimac Group is a Croatia-headquartered developer of electric vehicle technology, producing the Nevera hypercar with 1,914 horsepower and supplying powertrains to automakers. Founded in 2009 near Zagreb, Rimac partners with Bugatti-Rimac for high-performance EVs and Porsche for platform engineering. The company delivers battery systems, motors, and software for vehicles achieving sub-two-second 0-60 times.

StoreDot is a Herzliya-headquartered battery innovator specializing in extreme fast-charging lithium-ion cells for electric vehicles and consumer electronics. Its silicon-dominant anodes enable 80% charge in five minutes at room temperature. The company licenses technology to partners like VinFast for automotive integration. Founded in 2012, StoreDot has demonstrated prototypes at CES and secured partnerships with TDK for mobile applications using organic compound electrodes.

Hozon is a Shanghai-based electric vehicle manufacturer operating the Neta brand. It produces models like Neta V, U, and S series SUVs and sedans with autonomous driving features, LFP batteries, and OTA updates. The company sells through dealerships in China and exports to Southeast Asia and Latin America.

BAIC BluePark New Energy Technology Co Ltd is engaged in the research and development, production, sales, and service of new energy pure electric vehicles and core components. The company operates under the Xiangjie, Jihu, and BEIJING brands, offering a range of models that include the Xiangjie S9, Alpha S Pioneer PRO, Alpha T5, Koala series, and others.

Mitsubishi Motors Corp is a Japanese automobile manufacturer. The company principally produces small passenger vehicles, electric and hybrid vehicles, minivans, and sport utility vehicles, or SUVs. Mitsubishi Motors is organised into two business segments: the automobile business and the automobile financing business. The company derives the vast majority of company revenue from the automotive business.

Volvo Car AB manufactures, designs, and supplies automobiles. The company offers a wide range of cars. Geographically, it has a presence in China, the USA; Sweden; Germany; the United Kingdom; Japan, and South Korea. It generates maximum revenue from the sale of new cars.

SFCC is a Shenzhen-based high-tech enterprise pioneering hydrogen fuel cell vehicle commercialization. Founded on April 8, 2016, in Guangdong province, the company conducts research, develops power systems, and industrializes core technologies for buses and commercial fleets in China.

Caocao Chuxing is a Hangzhou-headquartered ride-hailing service operating in over 100 cities across China as a Geely Holdings subsidiary launched in 2015. The platform emphasizes electric vehicles for zero-emission mobility, providing premium rides, shared cars, and autonomous vehicle pilots integrated with WeChat for seamless urban transport.

Chunqing Technology is a Chinese firm that develops electric vehicles powered by alcohol-hydrogen fuel cell systems. Based in Chongqing, the company manufactures vehicles such as the world's first alcohol-electric hybrid truck unveiled in 2023, alongside production of methanol-based fuels and hydrogen energy solutions. It supplies these technologies to commercial fleets seeking zero-emission alternatives to traditional batteries.

Star Charge is a Shanghai-headquartered manufacturer of electric vehicle charging infrastructure, producing AC and DC chargers, charging stations, and battery swapping systems. The company supplies products to over 200 cities in China and exports to Europe and Southeast Asia, powering fleets for BYD, NIO, and public transit operators. Star Charge operates more than 1 million charging ports globally and integrates smart cloud platforms for remote monitoring and energy management.

HT Aero is a developer of electric vertical takeoff and landing vehicles for urban air mobility. A subsidiary of EHang Holdings, the Shenzhen-based company unveiled the EH216-S pilotless passenger-carrying drone in 2021, capable of carrying two passengers at speeds up to 130 km/h for 30 minutes. It collaborates with aviation authorities in China and abroad for certification, conducting test flights in Guangzhou and partnerships with urban developers for vertiport infrastructure to enable commercial air taxi services.

Farasis Energy is a global lithium-ion battery manufacturer producing power systems for electric vehicles, energy storage grids, and commercial applications. The company operates production facilities in China and the United States with partnerships including BMW for automotive battery supplies. Farasis Energy supplies high-energy-density cells addressing transportation electrification and renewable grid integration needs.

ENOVATE Motors is a Shanghai-headquartered manufacturer of high-end new energy electric vehicles. The company produces intelligent models like the ME7 SUV, integrating global design, premium materials, and advanced interconnection features. ENOVATE emphasizes user-defined mobility with autonomous driving capabilities, over-the-air updates, and smart cabin technologies. Operating from facilities in Chongqing, it supplies vehicles to the Chinese market and explores international expansion through partnerships.