Electra’s core technology is the EVE-AI™ platform, which includes: EnPower™ Design Studio for bespoke battery pack design via simulations and real-time analytics (reducing development time by 90% and costs by 30%); EVE-AI™ 360 Fleet Analytics for real-time health and performance monitoring with maintenance forecasting; EAGLE Battery Pass for compliance with EU Battery Passport standards; and an intelligent EV display that calculates range estimates using data on state of health, charge levels, and environmental factors.
Key products are: EVE-AI™ platform; EnPower™ Design Studio; EVE-AI™ 360 Fleet Analytics; EAGLE Battery Pass; and an intelligent vehicle display system that provides real-time range estimates.
In 2025, Electra showcased EVE-AI in a Tesla Cybertruck at CES, completing a cross-country run from Boston to Las Vegas; formed a partnership with AWS to integrate its battery software into the AWS Partner Network; and at The Battery Show 2024 unveiled enhancements to its EnPower Design and Battery Innovation Suite, improving development efficiencies.
Electra Vehicles Inc. has raised $25.6M in funding, including a $21M round in 2023 led by United Ventures. Other investors include Stellantis Ventures, BlackBerry’s IVY Innovation Fund, LIFTT S.p.A., Club degli Investitori, Hyperplane Venture Capital, and Prithvi Ventures.
