Zapp Electric Vehicles Group Limited - Ordinary shares (ZAPP)

Competitors to Zapp Electric Vehicles Group Limited - Ordinary shares (ZAPP)

Canoo Inc. 

Canoo Inc. focuses on electric vehicles with unique design features and innovative technology, similar to Zapp's approach to offering electric scooters and motorcycles. Both companies target the urban mobility segment, aiming to capture consumers looking for environmentally friendly transportation options. Canoo differentiates itself with versatile vehicle platforms suited for various uses, which gives it the edge in versatility and scalability compared to Zapp's focused product line.

NIU Technologies 

NIU Technologies is a key player in the electric scooter market, directly competing with Zapp in the two-wheeled electric vehicle sector. NIU offers a diverse range of electric scooters tailored for urban commuting, similar to Zapp's focus. NIU's strong presence in established markets and extensive distribution network gives it a competitive advantage in customer accessibility and brand recognition, posing a significant challenge to Zapp.

Polestar 

Polestar, a performance electric vehicle brand from Volvo, competes with Zapp by offering premium electric cars that emphasize sustainability, performance, and advanced technology. While Zapp targets the two-wheeler segment, Polestar’s broader lineup in electric vehicles caters to a more affluent demographic, providing significant competition in terms of technology and brand recognition. Polestar’s backing from established automotive giants gives it a competitive advantage in financial resources and brand trust.

Xiaomi

Xiaomi has expanded its product line to include electric scooters, positioning itself as a tech-savvy competitor in the electric mobility market. With a focus on affordable pricing and advanced technology, Xiaomi appeals to a broad range of consumers. The company's extensive online presence and marketing strategies provide it a competitive edge in terms of consumer reach, enabling it to compete effectively with Zapp despite a broader product focus.