Munich Electrification Competitors and Similar CompaniesClear all

Munich Electrification's competitors and similar companies include Samsung SDI Battery Systems, Solid Power, Eveready and Enovix.

	Munich Electrification Munich Electrification is a developer and manufacturer of prototype battery packs.	Samsung SDI Battery Systems Samsung SDI Battery Systems is a company that manufactures battery systems.	Solid Power Solid Power is a company that provides battery technology solutions.	Eveready Eveready is a company that manufactures dry cell batteries and micro-wind turbines.	Enovix Enovix (formerly known as MicroAzure) is a company that designs and develops silicon-anode lithium-ion batteries.
Founding Date	Founding Date 2014	Founding Date 2015	Founding Date 2011	Founding Date 1937	Founding Date 2007
Type	Type Private	Type Subsidiary	Type Public	Type Private	Type Public
Tags	Tags Manufacturing & Industrial batteries	Tags Manufacturing & Industrial batteries electronic components	Tags Manufacturing & Industrial batteries	Tags Manufacturing & Industrial batteries	Tags Manufacturing & Industrial batteries electronic components
Locations	Locations München, DE HQ	Locations Premstätten, AT HQ Changchun Shi, CN Ismaning, DE Göd, HU Yongin Si, KR Auburn Hills, US	Locations Louisville, US HQ Thornton, US	Locations Gqeberha, ZA HQ	Locations Fremont, US HQ Hyderabad, IN Anyang, KR Nonsan, KR Seberang Perai, MY
Employees	Employees 2443% increase	Employees 3931% increase	Employees 2604% decrease	Employees 2291% increase	Employees 5702% increase
Valuation ($)	Valuation ($) N/A	Valuation ($) N/A	Valuation ($) 223.7 m	Valuation ($) N/A	Valuation ($) 1.9 b
Financial
Revenue (est.)	Revenue (est.) N/A	Revenue (est.) ₩183.1b (FY, 2022)	Revenue (est.) $21.7m (FY, 2025)	Revenue (est.) N/A	Revenue (est.) $31.8m (FY, 2025)
Net income	Net income N/A	Net income ₩10.7b (FY, 2022)	Net income ($93.4m) (FY, 2025)	Net income N/A	Net income ($156.6m) (FY, 2025)
Funding
Total funding raised	Total funding raised N/A	Total funding raised N/A	Total funding raised $ 345m	Total funding raised N/A	Total funding raised $ 219.3m