# Luvly

**Source:** https://www.startuphub.ai/startups/luvly
**Profile type:** Startup

> Luvly is a Swedish electric car manufacturer focused on affordable, sustainable urban mobility.

## About

Luvly is a Swedish startup that designs and manufactures affordable, lightweight, and sustainable electric vehicles. Their core philosophy revolves around reducing the environmental impact of car production and ownership through modular design, recycled materials, and a focus on urban mobility needs. Luvly aims to make electric car ownership accessible to a wider audience.

## Key facts

- **Slug:** luvly
- **Website:** https://luvly.se/
- **Location:** Stockholm, Sweden
- **Operating status:** Active
- **Total funding:** $41M
- **Sectors / tags:** Electric Vehicle, Automotive, Sustainable Mobility, Urban Mobility, Consumer Electronics, Manufacturing
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/luvly
  - Facebook: https://www.facebook.com/luvlyglobal

## Frequently asked

### What does Luvly do?

Luvly is a Swedish startup that designs and manufactures affordable, lightweight, and sustainable electric vehicles. Their core philosophy revolves around reducing the environmental impact of car production and ownership through modular design, recycled materials, and a focus on urban mobility needs. Luvly aims to make electric car ownership accessible to a wider audience.

### What is Luvly's valuation?

StartupHub estimates Luvly's effective valuation at $148.8M (range $103.3M to $248.0M, 14% confidence), based on comparable companies in the sector.

### How much funding has Luvly raised?

Luvly has raised a total of $41M in funding. The most recent round on record is Seed.

### Where is Luvly headquartered?

Luvly is headquartered in Stockholm, Sweden.

### What industry does Luvly operate in?

Luvly operates in Electric Vehicle, Automotive, Sustainable Mobility, Urban Mobility, Consumer Electronics, Manufacturing.

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