Top 10 most valuable car companies in the world 2025: Who’s leading the race?
10 world’s biggest car companies in 2025 by revenue: The auto industry faces shifting dynamics, with affordability, innovation, and global competition reshaping the market.
Top 10 most valuable car brands in 2025: Ferrari sits at number five position
As 2025 unfolds, the global automotive industry finds itself at a pivotal crossroads. While electric vehicle (EV) investments continue to dominate headlines, the momentum has clearly shifted. Affordability now fuels the next wave of growth, with Chinese automakers such as BYD and Xiaomi disrupting the market by offering EVs at a fraction of Tesla’s entry-level prices. Tesla retains the top spot in terms of valuation, but the pressure is mounting as competition intensifies.
China’s influence in the EV space is undeniable—its dominance over critical battery minerals, rapid rollout of charging infrastructure, and expanding presence in Europe have reshaped the global supply chain. At the same time, Western automakers face a consumer reality check: a 2024 McKinsey report revealed that 46 per cent of EV owners would not repeat their purchase, primarily due to range anxiety and declining resale values.
In this evolving landscape, new champions are emerging while legacy players are being forced to adapt. Below, we take a closer look at the world’s most valuable car companies ranked by market capitalisation, and explore what fuels their rise. From disruptive EV innovators to enduring luxury brands, these names are redefining performance, design, and innovation in today’s auto era.
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10 world’s biggest car companies in 2025
Rank
Company name
Market cap (in USD)
Headquaters
1.
Tesla
$926.80 B
Austin, US
2.
Toyota
$252.15 B
Toyota City, Japan
3.
Xiaomi
$172.49 B
Beijing, China
4.
BYD
$156.21 B
Shenzhen, Guangdong, China
5.
Ferrari
$77.77 B
Emilia-Romagna, Italy
6.
Mercedes-Benz
$61.14 B
Stuttgart, Germany
7.
Volkswagen
$55.08 B
Wolfsburg, Lower Saxony, Germany
8.
BMW
$53.73 B
Munich, Bavaria, Germany
9.
General Motors
$52.32 B
Detroit, US
10.
Porsche
$50.78 B
Stuttgart, Germany
Source: Forbes
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Tesla
Tesla (Unsplash)
Market capitalisation: $926.8 billion
Tesla continues to dominate the global automotive space, championing electric mobility and clean energy innovation. Under the leadership of Elon Musk, the company has redefined what modern vehicles can be—sleek, smart, and fully electric. Its flagship models, including the Model S, Model 3, Model X, and Model Y, have set industry benchmarks for performance, range, and technological integration.
Toyota
Toyota (Pexels)
Market capitalisation: $252.15 billion
A global symbol of reliability and efficiency, Toyota’s range spans eco-friendly hybrids like the Prius to rugged trucks like the Tacoma. Its long-standing dedication to quality and cutting-edge automotive technology has ensured Toyota’s strong position in the industry, reflected in its impressive market capitalization of $252.15 billion, making it one of the most valuable car manufacturers in the world.
Xiaomi
Xiaomi (Wikipedia)
Market capitalisation: $172.49 billion
Xiaomi Auto, a newcomer to the EV scene, has surged ahead through the ranks of the automotive sector. The company was established with a substantial initial investment of 10 billion yuan. Leveraging the technological know-how of its parent company, the well-known consumer electronics giant Xiaomi, the brand has made a strong debut with the Xiaomi SU7—a full-size battery electric sedan. Xiaomi Auto is preparing to expand its lineup with the anticipated launch of the MX11, an all-electric SUV aimed at broadening its market appeal.
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Build Your Dreams
Build Your Dreams – BYD (Unsplash)
Market capitalisation: $156.21 billion
Build Your Dreams (BYD) has become a leading force in electric transportation, renowned for its focus on electric vehicles, batteries, and renewable energy solutions. With offerings spanning cars, buses, and energy solutions, BYD is at the forefront of sustainable mobility.
Ferrari
Ferrari (Unsplash)
Market capitalisation: $77.77 billion
Ferrari embodies passion and performance. Known for its racing pedigree and exclusive supercars, the brand represents Italian craftsmanship. The brand’s unwavering commitment to quality, innovation, and speed ensures that it remains a symbol of luxury and a global favourite.
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Mercedes-Benz
Mercedes-Benz (Unsplash)
Market capitalisation: $61.14 billion
Mercedes-Benz is a symbol of luxury, precision craftsmanship, and cutting-edge technology. Known for its elegant sedans, robust SUVs, and high-performance AMG models, the brand represents a perfect blend of sophistication and engineering excellence. Its legacy of innovation spans over a century, making it a staple in the premium segment.
Volkswagen
Volkswagen (Unsplash)
Market capitalisation: $55.08 billion
Volkswagen remains one of the largest and most influential automakers globally. A key player in electric mobility, Volkswagen is also focused on sustainable transportation solutions, continually advancing the future of the automotive industry with its forward-thinking approach to electric vehicles and green technology.
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BMW
BMW (Unsplash)
Market capitalisation: $53.73 billion
Bayerische Motoren Werke has long been synonymous with luxury, performance, and innovation. Known for its diverse lineup, from the sporty 3 Series sedans to the sophisticated X5 SUVs, the brand excels in providing vehicles that blend style with superior driving experiences. BMW continues to set the standard for automotive excellence, solidifying its position as one of the most respected names in the industry. Its current market capitalization stands at $53.73 billion.
General Motors
General Motors
Market capitalisation: $52.32 billion
Founded by William C Durant on September 16, 1908, GM is home to iconic brands like Chevrolet, GMC, Cadillac, and Buick. After filing for bankruptcy and receiving Chapter 11 recognition in 2009, GM emerged stronger. In addition to manufacturing cars for the US government and military, GM is also collaborating with Nasa on the development of electric vehicles, marking its continued commitment to innovation.
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Porsche
Porsche (Unsplash)
Market capitalisation: $50.78 billion
Porsche stands at the intersection of luxury and performance. From the legendary 911 to the Cayenne SUV, its vehicles offer precision engineering and thrilling performance.
