Electrify America Competitors and Similar CompaniesClear all

Nikola's competitors and similar companies include InstaVolt and Osprey Charging Network.

	Nikola Nikola (formerly known as Nikola Motor Company) is a provider of energy and transportation solutions.	InstaVolt InstaVolt delivers the electric vehicle charging infrastructure.	Osprey Charging Network Osprey Charging Network (formerly known as Engenie) is building a national infrastructure of electric vehicle charging points in the UK.
Founding Date	Founding Date 2015	Founding Date 2016	Founding Date 2013
Type	Type Public	Type Private	Type Private
Tags	Tags Automotive & Transportation electric vehicles energy infrastructure energy storage hydrogen	Tags Automotive & Transportation Energy & Utilities electric vehicles energy infrastructure	Tags Automotive & Transportation Energy & Utilities electric vehicles energy infrastructure
Locations	Locations Phoenix, US HQ	Locations Chineham, GB HQ	Locations Kent, GB HQ
Employees	Employees 87042% decrease	Employees 1312% increase	Employees 62
Financial
Cost of goods	Cost of goods $299.3m (FY, 2024)	Cost of goods £721.7k (FY, 2019)	Cost of goods N/A
Gross profit	Gross profit ($230.4m) (FY, 2024)	Gross profit (£528k) (FY, 2019)	Gross profit N/A
Net income	Net income ($958.2m) (FY, 2024)	Net income (£4.3m) (FY, 2019)	Net income N/A
Operating ⚠
Charging Stations	Charging Stations N/A	Charging Stations 100 k (Sep, 2017)	Charging Stations 1.5 k (Apr, 2018)
Funding
Latest funding round	Latest funding round N/A	Latest funding round $ 14.8m (over 9 years ago)	Latest funding round $ 2m (over 8 years ago)
Total funding raised	Total funding raised $ 2.5b	Total funding raised $ 14.8m	Total funding raised $ 2m