Largest EV Manufacturers by Market Capitalization
Tesla, incorporated in 2003, and BYD, founded in 1995 in Shenzhen, stand as the two largest publicly traded electric vehicle manufacturers in the world. The EV sector spans pure-play makers, traditional automakers shifting to electric, battery producers, and charging infrastructure providers — covering battery electric vehicles (BEVs), plug-in hybrids (PHEVs), and fuel cell vehicles (FCEVs).
China houses five of the top ten global EV manufacturers, though hefty tariffs in both the United States and the European Union limit the presence of Chinese-made EVs in those markets. Major EV stocks trade primarily on NASDAQ, the NYSE, and the Hong Kong Stock Exchange.
Key players among listed EV manufacturers include:
- Tesla (TSLA) — NASDAQ-listed, with gigafactories in the US, China, and Germany. Its Model Y became the first EV to rank as the world’s best-selling car.
- BYD (BYDDY / 1211) — traded on the HKEX and Shenzhen exchanges. BYD ended production of purely internal combustion engine vehicles in 2022, and its battery unit FinDreams ranks as the world’s second-largest EV battery producer.
- Li Auto (LI) — listed on both NASDAQ and HKEX, known for its extended-range EV technology that allows battery charging with electricity or gas.
- NIO (NIO) — NYSE- and HKEX-listed, founded in 2014 in Hefei, China. NIO operates a network of battery swap stations as the core of its business model.
- Rivian (RIVN) — NASDAQ-listed, founded in 2009, focused on adventure-ready electric trucks and SUVs manufactured in Illinois.
- Xpeng (XPEV) — NYSE- and HKEX-listed, a Guangzhou-based maker of smart EVs that also unveiled its modular flying car concept.
The sector also includes Vietnam’s VinFast (VFS), which trades on NASDAQ as a subsidiary of Vingroup. For a broader look at the largest automobile manufacturers worldwide or specifically Chinese car manufacturers, see the related pages.
Regulated brokerThe table below ranks the largest electric vehicle manufacturers by market capitalization. It includes only publicly traded EV companies, and all data — price, market cap — updates automatically to reflect current market conditions.
| Stock | Price | Change % | Marketcap |
|---|---|---|---|
 Tesla TSLA | $411.79 | 3.33% | 1.55T |
 Xiaomi XIACF | $4.02 | 3.08% | 103.81B |
 Li Auto LI | $17.60 | 0.68% | 17.98B |
 NIO NIO | $5.87 | 0.51% | 14.71B |
 Rivian RIVN | $14.18 | 2.13% | 19.04B |
XPeng XPEV | $15.55 | 2.39% | 14.86B |
 VinFast Auto VFS | $4.27 | 1.43% | 9.99B |
Lucid Motors LCID | $6.05 | 2.26% | 2.36B |
 Yadea Group 1585.HK | $1.55 | 1.22% | 4.72B |
| $1.21 | 0.00% | 783.24M | |
 Leapmotor 9863.HK | $6.10 | 2.05% | 8.67B |
 Polestar PSNY | $19.90 | 2.42% | 1.82B |
 Olectra Greentech OLECTRA.NS | $14.17 | 5.58% | 1.16B |
LiveWire Group LVWR | $1.67 | 4.02% | 341.95M |
 Gogoro GGR | $4.15 | 2.35% | 83.31M |
 Hyliion HYLN | $2.47 | 3.35% | 440.44M |
| $0.681 | 4.08% | 68.39M | |
NIU NIU | $3.14 | 1.57% | 246.29M |
 Workhorse Group WKHS | $3.63 | 10.81% | 39.54M |
XOS XOS | $1.85 | 1.07% | 22.30M |
| $0.433 | 1.95% | 12.41M | |
| $4.01 | 2.43% | 5.88M | |
| $0.991 | 1.86% | 4.99M | |
 U Power UCAR | $1.56 | 3.11% | 3.33M |
| $0.069 | 56.94% | 1.44M | |
| $0.0001 | 0.00% | 659.00 |
