EEbro
Ebro is a Spanish automotive brand revived in 2023 by EV Motors, which acquired the historic Ebro trademark in 2021 and re-industrialised the former Nissan plant in Barcelona's Zona Franca. Through a joint venture with China's Chery, it assembles and sells hybrid, plug-in hybrid and petrol SUVs (s400, s700, s800, s900) plus an electric pickup, and has passed 30,000 registrations in Spain. Its parent, Ebro EV Motors, has been publicly listed on BME Growth (ticker EBROM) since October 2024, and the company is headquartered in Barcelona.
SectorsAutomotive, Electric & Hybrid Vehicles, Manufacturing, Mobility
Start-up MapMobility & Logistics › Vehicle & fleet manufacturing
Founders
D
Daniel Asensio
Co-founder
P
Pedro Calef
Co-founder & CEO
R
Rafael Ruiz
Co-founder & President, Ebro EV Motors
Global models 5
RRivian
United States · rivian.com ↗
Rivian is a venture-backed new car brand that builds and sells SUVs and pickups to consumers, including an electric pickup like Ebro's.
~$10.5BComparable
LLucid
United States · lucidmotors.com ↗
Lucid is a new car brand funded with private capital that builds its vehicles in its own factory and sells them, now including an SUV.
~$2.5BComparable
NNIO
China · www.nio.com ↗
NIO is a Chinese venture-backed car brand whose SUVs were first built under contract by a state-linked carmaker (JAC), a partner-assembly setup like Ebro's with Chery.
~$2.4BComparable
XXPeng
China · www.xpeng.com ↗
XPeng is a venture-backed Chinese car brand that sells SUVs and sedans and initially relied on a partner carmaker's (Haima) factory and production licence.
~$2BComparable
LLi Auto
China · www.lixiang.com ↗
Li Auto is a venture-backed Chinese brand selling hybrid (range-extended) family SUVs, the closest product match to Ebro's hybrid and plug-in hybrid SUV range.
~$1.6BComparable
In the same niche 22 others
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SSilence
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VVelca
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Notes: Most funded first
Investors 2
C
M
Magallanes Value Investors
Funding rounds 2
| Date | Round | Amount | Lead |
|---|---|---|---|
| 2024-08-02 | No stage disclosed | €40M | Lead not disclosed |
| 2023-10-19 | No stage disclosed | €20M | Lead not disclosed |