Early-stage venture capital investments in electric mobility by technology, 2010-2023

Sources

IEA analysis based on Cleantech Group i3 database (2023).

Notes

"Early-stage deals" refer to seed and series A. “Other” includes EV components and manufacturing (excluding electric motors that are not specific to road transport), digital and software products otherwise excluded, hybrid carmakers, EV project development and operation, and EV finance. Each year, the IEA team improves methodology and expands coverage, which can explain absolute value differences compared to GEVO-2023.