Largest electric vehicle (EV) manufacturers by market capitalization
Electric vehicle manufacturers represent a rapidly expanding segment of the global automotive market, characterized by groundbreaking innovation and exponential growth. They are primarily traded on exchanges like NASDAQ and the New York Stock Exchange (NYSE), critical hubs for technology and sustainable investing. Despite market volatility, the EV sector, led by pioneering companies, offers investors access to transformative technologies reshaping transportation worldwide.
EV-focused exchanges are not just platforms for automotive startups; they attract global capital seeking exposure to the clean energy transition. Key advantages of investing in EV manufacturers include:
- Technology disruptors: Companies revolutionizing mobility with advanced battery systems, autonomous driving, and AI integration.
- High-growth segments: Premium EVs (Tesla, Lucid), mass-market EVs (BYD), and commercial electric vehicles (Rivian), supported by expanding charging infrastructure.
- Innovation velocity: Rapid iteration cycles and software-defined vehicles attracting forward-looking investors.
Industry trailblazer Tesla, founded in 2003, achieved a market capitalization exceeding $700 billion by pioneering over-the-air updates and gigacasting technology. Together with BYD (backed by Warren Buffett’s Berkshire Hathaway), they dominate the sector, with Tesla’s Model Y becoming the world’s best-selling vehicle in 2023. Investing in EV stocks provides entry into companies defining the future of transportation.
Leading EV makers are growth accelerators. Tesla delivered 1.8 million vehicles in 2023 – a 38% year-over-year increase – while BYD surpassed 3 million new energy vehicle sales. Rivian’s electric trucks secured a landmark 100,000-vehicle Amazon delivery van order. This momentum explains why EVs are projected to reach 30% of global auto sales by 2030. Beyond volume leaders, the sector includes 3 of the world’s 10 most innovative auto brands: Tesla (software integration), Lucid (range efficiency leader), and NIO (battery-swapping pioneer).
Regulated brokerThe following table contains a list of the largest electric vehicle manufacturers by market capitalization, primarily traded on NASDAQ/NYSE/HKEX (including companies with primary listings in EV-focused markets). The list includes only publicly traded companies, and the presented data (price, market cap) are regularly updated to reflect the current market situation.
| Stock | Price | Change % | Marketcap |
|---|---|---|---|
 Tesla TSLA | $430.90 | 0.99% | 1.43T |
 Xiaomi XIACF | $4.61 | 2.22% | 119.29B |
 Li Auto LI | $16.75 | 1.12% | 16.97B |
 NIO NIO | $4.64 | 0.65% | 11.73B |
 Rivian RIVN | $15.27 | 3.00% | 18.72B |
XPeng XPEV | $18.57 | 1.17% | 17.72B |
 VinFast Auto VFS | $3.34 | 0.30% | 7.81B |
Lucid Motors LCID | $11.00 | 3.38% | 3.57B |
 Yadea Group 1585.HK | $1.44 | 0.97% | 4.38B |
| $1.29 | 7.19% | 875.53M | |
 Leapmotor 9863.HK | $5.46 | 0.42% | 7.76B |
 Polestar PSNY | $17.24 | 0.00% | 1.58B |
 Olectra Greentech OLECTRA.NS | $11.48 | 6.63% | 0.9425B |
LiveWire Group LVWR | $2.53 | 3.07% | 516.09M |
Nikola NKLA | $0.183 | 0.00% | 0.0000 |
 Gogoro GGR | $3.14 | 2.79% | 46.39M |
 Hyliion HYLN | $2.17 | 3.33% | 381.86M |
| $1.05 | 6.25% | 90.28M | |
NIU NIU | $3.21 | 2.88% | 250.26M |
Canoo GOEV | $0.37 | 0.00% | 5.36M |
Hyzon Motors HYZN | $0.0000 | 0.00% | 0.0000 |
 Workhorse Group WKHS | $4.91 | 0.41% | 43.21M |
XOS XOS | $2.76 | 3.16% | 31.28M |
| $0.6698 | 1.35% | 19.19M | |
| $0.1544 | 3.92% | 13.57M | |
| $0.8907 | 7.22% | 2.76M | |
| $0.23 | 0.00% | 0.0000 | |
 U Power UCAR | $1.68 | 3.17% | 8.35M |
| $1.77 | 1.12% | 36.97M | |
| $0.0001 | 0.00% | 659.00 |
