What is the market capitalization ranking of global car companies?
Recently, we learned through the Bloomberg client that Tesla's market value still firmly occupies the first place among automobile manufacturers, while Toyota Motor, which has always been recognized as the "world's largest car company", is only second with a market value of 229.3 billion US dollars. So far, we can't help but sigh that today's Tesla is really an "elephant", and in contrast, Toyota has become a "little sheep", which shows that the capital market is particularly favored by the Tesla brand. Since this is the case, then there is not much to say, let's quickly take a look at the top ten models in the global car market value!
(Note: The data statistics are as of January 2021, and the data comes from the Bloomberg client)
Number one, Tesla
Market cap: $752.2 billion
Tesla is an American electric car and energy company, and this year, the brand's market value exceeded $752.2 billion, making Tesla the world's most valuable car company.
As the boss of the new energy vehicle market, Tesla's market value is undoubtedly the envy of many car companies, and even the second-place Toyota, its market value is only one-third of it, which shows how much Tesla is optimistic about capital and consumers in the era of electrification.
Second place, Toyota
Market cap: $229.3 billion
Toyota Motor Corporation is a Japanese-based automobile manufacturer founded by Kiichiro Toyoda, which was first established in 1937. As the boss in the field of fuel vehicles, Toyota Motor's market value in 2021 is only 229.3 billion US dollars, which is very large compared with Tesla.
The reason for this may also be related to the fact that Toyota has been afraid of hands and feet in the field of electrification, after all, even if the "elephant turns", it always has to have a process, right?
Third place, BYD shares
Market cap: $101.8 billion
The third place in the market value of global car companies is BYD shares from China, in early 2021, the market value of BYD shares reached 101.8 billion US dollars, which also sent BYD shares to the third place in the market value of global car companies.
As a leader in the field of new energy vehicles in China, BYD Automobile was founded in 1995, and now in the past 26 years, BYD has finally become the second largest new energy vehicle company after Tesla, so we also hope that BYD can become more and more courageous and become the leader of the global new energy market.
Fourth place, Volkswagen
Market cap: $101.6 billion
Volkswagen is an automotive manufacturing company headquartered in Wolfsburg, Germany, and the core of the Volkswagen Group, one of the world's four largest automakers. At the beginning of this year, Volkswagen's market capitalization reached $101.6 billion, which makes it the fourth largest car company in the world by market capitalization.
However, Volkswagen has fined a lot of money in the past two years because of "emission problems", and its development in the field of new energy vehicles has not been smooth, so the market value is not as strong as BYD shares.
Fifth place, Weilai
Market cap: $89.7 billion
We are very happy that we have seen the figure of Chinese car companies in the fifth place in the global car market value, yes, it is Weilai Automobile. As a global intelligent electric vehicle company, NIO was founded in November 2014, and their brand proposition is committed to creating a pleasant lifestyle for users by providing high-performance intelligent electric vehicles and the ultimate user experience.
Today, NIO's market value has reached 89.7 billion US dollars, and its models also have MANY models such as NIO EC6, NIO ES8, NIO ES6, NIO EP9, NIO ET7, NIO ET5 and so on, so it seems that NIO really has a future.
Sixth place, Daimler
Market cap: $75.3 billion
When it comes to Daimler, many people may feel strange, but when it comes to Mercedes-Benz, I believe everyone understands. Yes, Daimler is the parent company of the Mercedes-Benz brand. As the world's largest manufacturer of commercial vehicles, the world's largest luxury car manufacturer, the second largest truck manufacturer. Daimler also includes four business units, namely Mercedes-Benz Cars, Mercedes-Benz Light Commercial Vehicles, Daimler Trucks and Daimler Financial Services.
From the perspective of market capitalization, Daimler's market value at the beginning of this year also reached 75.3 billion US dollars, although the overall is not as good as Toyota and Volkswagen, but it is also a German car company with a very high market value.
Seventh place, General Motors
Market cap: $72.5 billion
General Motors is an American automobile company founded in 1908, which owns and serves a series of brand models such as Buick, Chevrolet, Cadillac, GMC, Wuling, Baojun and Horton. In terms of market capitalization, GM's market value this year is $72.5 billion, ranking 7th overall in the global car market capitalization.
In addition, this year is the first year of GM's electrification, and the Aoteneng platform launched by it is expected to break the mileage anxiety of the Chinese people for new energy vehicles. Therefore, we also wait and see if GM can usher in a wave of market value climbing in the next time.
Eighth place, BMW
Market cap: $54.9 billion
BMW is also a car manufacturing company from Germany, headquartered in Munich, Bavaria, Germany, Chinese full name bavarian engine manufacturing plant agronomy. At the beginning of this year, BMW's market value reached 54.9 billion US dollars, which is also very good for a car company that is not as large as Toyota and Volkswagen.
In addition, BMW is also a company that can produce aircraft engines, off-road vehicles and motorcycles, so it can be said that it can rank eighth in the global car market value.
Ninth place, Volvo
Market cap: $50.3 billion
Many people don't know that Volvo is actually the largest car company in Northern Europe and the largest industrial conglomerate in Sweden. And it is worth mentioning that Volvo was officially established as early as 1924, and Toyota, which ranked second in the market value of global car companies, was officially established in 1937, which shows the long history of Volvo. In the global car market capitalization rankings counted at the beginning of 2021, Volvo also ranked ninth with a score of 50.3 billion US dollars, and its strength performed well.
If I ask why Volvo is so valuable, I would like to say that everyone builds passenger cars is only a side business, and heavy trucks, construction equipment, ships and drive systems for industrial applications are its most profitable sectors. So, don't easily ignore this brand, it is actually more than the cattle we see!
10th place, Great Wall Motors
Market cap: $49.3 billion
The car company that ranks tenth in the market value of the world's car companies is still an automobile company from China, which is Great Wall Motors. As a Chinese automobile brand founded in 1984, Great Wall Motors is headquartered in Baoding City, Hebei Province, the founder is Wei Jianjun, mainly producing SUVs, cars, pickup trucks and new energy vehicles. In the 2021 global auto market capitalization ranking, Great Wall Motors also ranked tenth with 49.3 billion US dollars.
In the domestic market, Great Wall Motors' models are frequently sold, looking at overseas markets, Great Wall's pickup trucks and SUVs are also well-known, coupled with the fact that the Great Wall can now develop its own motivation, gearbox and hybrid system, so its market value can rank tenth in the global car market value list, and it can be called deserved.