# EV Motors Japan Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ev-motors-japan - Industry: Automobiles, Other Vehicles & Parts - Headquarters: Kitakyushu, Japan - Website: www.evm-j.com - Total disclosed funding: $45M - Latest round: Series D (Mar 31, 2025) - Investors on record: 34 ## About Based in Kitakyushu, Japan, EV Motors Japan Corp. develops and manufactures electric vehicles, focusing on sustainable transportation solutions that cater to urban centers and municipalities.Founded in 2019 in Kitakyushu-shi, Japan, EV Motors Japan Corp. specializes in electric vehicle production. The company has executed a total of 18 deals, with their most recent funding round being a Series D in March 2025, raising JPY 202.5 million from Resona Capital and TOYOTA BOSHOKU CORPORATION. The firm operates independently and has not undergone any pivots or structural changes since its inception.EV Motors Japan specializes in the development and manufacturing of electric vehicles (EVs) and battery management systems. The company’s core product offerings include high-capacity EV buses, logistics vehicles, and three-wheeled electric trikes, all designed to enable long-distance travel with low energy consumption. Their EV systems are equipped with advanced battery management units that optimize battery performance and prolong lifespan. Additionally, the company is actively developing an experiential EV complex named "Zero Emission e-PARK" in Kitakyushu, aimed at promoting new mobility solutions and supporting the transition to a zero-emission society. The company primarily serves urban centers and municipalities in Japan, focusing on regions where traditional fuel infrastructure is limited, thereby addressing the growing demand for sustainable transportation options.EV Motors Japan generates revenue through the direct sale of its electric vehicles, including EV buses and logistics models, to government agencies, municipalities, and private sector clients. The transaction structure is predominantly B2B, with contracts often established for fleet purchases that may include maintenance and support services. The company’s flagship products, such as their long-range EV bus and logistics vehicles, are offered under tailored agreements that address the specific needs of each client. Additional financial streams may be derived from partnerships related to their Zero Emission e-PARK facility, where collaborative projects can enhance their market presence. The pricing structure for these vehicles typically reflects their innovative technology and safety features, positioning them as premium offerings in the electric vehicle market.In March 2025, EV Motors Japan Co.,Ltd. raised JPY 202.5 million in Series D funding to support their strategic initiatives. The funding will be allocated to purchase vehicles ordered by customers, construct a commercial EV final assembly plant, and enhance organizational capabilities. Upcoming products include enhancements to their existing electric vehicle lineup, while the company is also exploring expansion into additional urban markets across Japan, enhancing their reach into areas with limited access to traditional fuel infrastructures. ## Funding rounds - Series D, Mar 31, 2025, $1.4M — Resona Capital, TOYOTA BOSHOKU CORPORATION - Series D, Feb 28, 2025 — SPARX Group - Series D, Dec 27, 2024, $0.3M — Shizuoka Capital - Series D, Sep 30, 2024, $0.7M — IT-Farm Corporation - Series D, Aug 6, 2024, $1.3M — Yokohama Capital, Zhongchi intelligence and technology (Yangzhou) Co., Ltd. - Series D, Mar 29, 2024, $11M — IT-Farm Corporation, Incubate Fund, IMM Investment, Cosmo Energy Holdings Co., Ltd., Soei Co., Ltd., Tobata seisakusho co.,Ltd., Genkai - Series C, Mar 27, 2023, $11M — Mitsubishi UFJ Trust and Banking, Incubate Fund, JA Mitsui Leasing, NTT DOCOMO Ventures, Shikoku Electric Power Company, Iyogin Capital, INTERWOOS CO., LTD., Soei Co., Ltd., Cygames Capital, MORITA HOLDINGS CORPORATION, Plus Ad Group Co., Ltd., Restar Electronics Corp. - Series C, Dec 22, 2022, $2.4M — Fuyo General Lease, IMM Investment - Series C, Sep 30, 2022, $8.5M — Sumitomo Mitsui Trust Bank, IT-Farm Corporation, Energy & Environment Investment, FFG Venture Business Partners, Yamanashi Chugin Management Consulting, Mizuho Leasing - Series C, Aug 31, 2022, $4.4M — K4 Ventures, Kyuden Technosystems, Hankyu Bus - Series B, Apr 28, 2022, $2.5M — Sumitomo Corporation, Energy & Environment Investment, Hibishin Capital, FFG Venture Business Partners - Series A, Sep 14, 2021, $1.8M — Energy & Environment Investment, FFG Venture Business Partners ## Investors - Energy & Environment Investment (https://capitalatlas.ai/funds/energy-environment-investment) — Series A, Series B, Series C - FFG Venture Business Partners (https://capitalatlas.ai/funds/ffg-venture-business-partners) — Series A, Series B, Series C - Sumitomo Corporation — Series B - Hibishin Capital (https://capitalatlas.ai/funds/hibishin-capital) — Series B - K4 Ventures (https://capitalatlas.ai/funds/k4-ventures) — Series C - Kyuden Technosystems — Series C - Hankyu Bus — Series C - Sumitomo Mitsui Trust Bank — Series C - IT-Farm Corporation (https://capitalatlas.ai/funds/it-farm-corporation) — Series C, Series D - Yamanashi Chugin Management Consulting (https://capitalatlas.ai/funds/yamanashi-chugin-management-consulting) — Series C - Mizuho Leasing — Series C - Fuyo General Lease — Series C - IMM Investment (https://capitalatlas.ai/funds/imm-investment) — Series C, Series D - Mitsubishi UFJ Trust and Banking (https://capitalatlas.ai/funds/mitsubishi-ufj-trust-and-banking) — Series C - Incubate Fund (https://capitalatlas.ai/funds/incubate-fund) — Series C, Series D - JA Mitsui Leasing — Series C - NTT DOCOMO Ventures (https://capitalatlas.ai/funds/ntt-docomo-ventures) — Series C - Shikoku Electric Power Company — Series C - Iyogin Capital (https://capitalatlas.ai/funds/iyogin-capital) — Series C - INTERWOOS CO., LTD. — Series C - Soei Co., Ltd. — Series C, Series D - Cygames Capital (https://capitalatlas.ai/funds/cygames-capital) — Series C - MORITA HOLDINGS CORPORATION — Series C - Plus Ad Group Co., Ltd. — Series C - Restar Electronics Corp. — Series C - Cosmo Energy Holdings Co., Ltd. — Series D - Tobata seisakusho co.,Ltd. — Series D - Genkai — Series D - Yokohama Capital (https://capitalatlas.ai/funds/yokohama-capital) — Series D - Zhongchi intelligence and technology (Yangzhou) Co., Ltd. — Series D - Shizuoka Capital (https://capitalatlas.ai/funds/shizuoka-capital) — Series D - SPARX Group (https://capitalatlas.ai/funds/sparx-group) — Series D - Resona Capital (https://capitalatlas.ai/funds/resona-capital) — Series D - TOYOTA BOSHOKU CORPORATION — Series D