Experts say many electric car startups are doomed to fail – but these 5 are built to last

• More startups are entering the electric vehicle space in the hopes of disrupting the market.
• But not all of these companies are going to make it, experts say.
• Here are the players of the EV market that experts say are built to last.

Dozens of electric vehicle companies are hoping to disrupt the global car market, but not all of them are built to make it in the long run.

EV startup activity has accelerated in recent years as the demand for electric vehicles is expected to keep growing over the next decade. Electric or hybrid vehicles will make up more than half of all light vehicles sold globally in 2026, according to BCG. The global consultancy also predicted that zero-emission vehicles could replace gas-guzzling ones for new light-vehicle sales across the world just after 2035.

It’s a promising time for the startups that are backed by bullish investors with deep pockets, and especially for those led by innovative thinkers with a penchant for new business models.