AIEV

Thunder Power Holdings, Inc.

A maker of premium electric vehicles and clean-energy projects, this company designs coupes, sedans, and SUVs with bodywork styled by Italy's Zagato design house. Founded in 2011 by engineer Wellen Shen, it grew out of a power-tool manufacturer that started in 1987, and its name is a playful pun—"thunder" for power and "power" for electricity. It went public in 2024 through a merger with a special-purpose acquisition company.