Home BloomBites Bloombites: OC is Charging Up with Electric Vehicle Market Growth | 9/30/2020

Bloombites: OC is Charging Up with Electric Vehicle Market Growth | 9/30/2020

by Neal Bloom
Oh hello Q4. I hope you are waking up with as much of a hangover as I have from playing the presidential debate drinking game. (You can’t really lose that way.)
One of the interesting trends we’ve been watching in OC is the rapid growth of the electric vehicle (EV) market. From what has been a slow build from GM’s EV1 of the 90’s to California policy forcing only new electric vehicle sales by 2035, we’re going to see a lot of growth of an entire ecosystem.
First, three big vehicle makers are now in Orange County with Rivian, Fisker, Karma in addition to battery maker Enevate. All of these will benefit from the talent of LA’s makers Tesla, Proterra, BYD, Romeo Power, XOS, and San Diego’s TransPower. The charging infrastructure is what is needed to grow and local charger maker Noodoe is growing with demand. What other parts of this industry are growing locally? Know of a startup in this space that we should be featuring? I’m excited for these big opportunities coming.
Speaking of excited, I got to sit down with Carey Ranson on the Accelerate OC podcast recently and we nerded out over early stage startups and building the community that fosters them. Listen in and let us know where you want to jump in and help.
Also great to see two new early stage financings with Violux and Vertanza, both getting funding from local investors as well. Congrats and let’s go!
Cheers,
Neal

Related Posts

Leave a Comment

Stay ConnectedStay in the loop on all things tech in sunny Orange County with our biweekly newsletters.

Stay up to date on the latest insights into Orange County's tech community! Highlighting local leaders, connecting the great community and being your "one-stop" for all things technology.

Stay ConnectedStay in the loop on all things tech in sunny Orange County with our biweekly newsletters.

Stay up to date on the latest insights into Orange County's tech community! Highlighting local leaders, connecting the great community and being your "one-stop" for all things technology.