Faraday Future Intelligent Electric Competitors and Similar CompaniesClear all

Nikola's competitors and similar companies include NIO and SmartE.

	Nikola Nikola (formerly known as Nikola Motor Company) is a provider of energy and transportation solutions.	NIO NIO (also known as 蔚来, 𘚚𘚚) is a company that develops and manufactures electric sedans, SUVs, and sports cars.	SmartE SmartE provides an environmentally sustainable solution to the first and last-mile transportation opportunities in urban cities.
Founding Date	Founding Date 2015	Founding Date 2014	Founding Date 2015
Type	Type Public	Type Public	Type Private
Tags	Tags Automotive & Transportation electric vehicles energy infrastructure energy storage hydrogen	Tags Automotive & Transportation batteries electric vehicles electronics self driving	Tags Automotive & Transportation Technology electric vehicles platform transportation
Locations	Locations Phoenix, US HQ	Locations Shanghai, CN HQ Beijing, CN Hefei, CN Nanjing, CN Munich, DE Oslo, NO London, GB see more	Locations Delhi, IN HQ Delhi, IN
Employees	Employees 87042% decrease	Employees 32,820	Employees 303% decrease
Valuation ($)	Valuation ($) 221.6 m	Valuation ($) 12.3 b	Valuation ($) N/A
Financial
Cost of goods	Cost of goods $299.3m (FY, 2024)	Cost of goods ¥67.9b (FY, 2025)	Cost of goods N/A
Gross profit	Gross profit ($230.4m) (FY, 2024)	Gross profit ¥20.3b (FY, 2025)	Gross profit N/A
Net income	Net income ($958.2m) (FY, 2024)	Net income (¥14.9b) (FY, 2025)	Net income N/A
Funding
Total funding raised	Total funding raised $ 2.5b	Total funding raised $ 4.5b	Total funding raised $ 19.5m