Forza X1 Competitors and Similar CompaniesClear all
Forza X1's competitors and similar companies include U Power, Olectra Greentech and Kempower.
 U Power U Power (also known as Upincar and UNEX) is a company that provides vehicle-sourcing services. | ||||
Founding Date | Founding Date 2021 | Founding Date 2013 | Founding Date 1992 | Founding Date 2018 |
Type | Type Public | Type Public | Type Public | Type Private |
Tags | ||||
Locations | Locations Fort Pierce, US HQ | Locations HQ | Locations Hyderabad, IN HQ | Locations Lahti, FI HQ |
Employees | Employees 5 | Employees 12114% decrease | Employees 44127% increase | Employees 6441% increase |
Valuation ($) | Valuation ($) 3.6 m | Valuation ($) 26.3 m | Valuation ($) N/A | Valuation ($) N/A |
Financial | ||||
Revenue (est.) | Revenue (est.) $37.1k (FY, 2023) | Revenue (est.) ¥44.3m (FY, 2024) | Revenue (est.) ₹23.1b (FY, 2026) | Revenue (est.) N/A |
Cost of goods | Cost of goods $123.9k (FY, 2023) | Cost of goods ¥30.9m (FY, 2024) | Cost of goods ₹17.5b (FY, 2026) | Cost of goods N/A |
Gross profit | Gross profit ($120.5k) (FY, 2023) | Gross profit ¥13.4m (FY, 2024) | Gross profit ₹5.7b (FY, 2026) | Gross profit N/A |
Net income | Net income ($5.9m) (FY, 2023) | Net income (¥56.4m) (FY, 2024) | Net income ₹1.8b (FY, 2026) | Net income N/A |
For sources of this data, please see the company profile
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U Power
HQ
Employees
121↓ 14% decrease
U Power (also known as Upincar and UNEX) is a company that provides vehicle-sourcing services.
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Olectra Greentech
HQ
Hyderabad, IN
Employees
441↑ 27% increase
Olectra Greentech is a company that manufactures automobiles.
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Kempower
HQ
Lahti, FI
Employees
644↑ 1% increase
Kempower is a company that manufactures electric vehicle (EV) fast charging equipment.
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