Car Companies: Audi, BMW or Porsche? Know which is the world's biggest car company..

Car companies make huge investments to manufacture vehicles. With the increasing sales figures of vehicles and the pace of investment, the valuation of companies also increases. You must have heard the names of many car companies around the world including Audi, BMW, Ferrari, and Tesla, but do you know which company is at the top in manufacturing vehicles? If not, then here we are going to tell you about the top 10 car companies in the world.

10. Porsche – $50.78 billion

German company Porsche is also known for luxury and sports cars. In this list, the company is in the tenth position with a valuation of $50.78 billion. Porsche's electric sports car Taycan EV is also becoming very popular around the world. The brand's technical quality, design language, and brand value make it very popular among young to experienced drivers.

9. General Motors – $52.32 billion

The ninth most valuable auto company on this list is General Motors. The company has laid the foundation for the EV future through the Ultium Battery Platform. It manufactures everything from the Chevrolet Bolt to the GMC Hummer EV and the Cadillac Lyriq. The company is also working with the US space agency NASA on the Moon Vehicle Project, which has further strengthened its innovation capability.

8. BMW – $53.73 billion

BMW comes in eighth place in terms of market valuation. BMW's i Series (i3, i4, iX) has established it in the premium EV market. Its X Series SUV and M performance models are liked worldwide.

7. Volkswagen – $55.08 billion

Volkswagen Group is one of the largest automobile groups in the world. Brands like Audi, Skoda, Bentley, and Lamborghini come under this group. The company is rapidly expanding in the electric space through its ID Series (ID.3, ID.4). With a valuation of approximately $55.08 billion, it is the seventh-largest car company in the world.

6. Mercedes-Benz – $61.14 billion

German luxury car brand Mercedes-Benz has entered the EV segment under its EQ brand, which includes models such as EQS and EQB. The company also manufactures high-performance cars under the AMG brand. If seen, the company is the sixth largest car manufacturer according to a valuation of $61.14 billion.

5. Ferrari – $77.77 billion

Ferrari, which became famous in history due to its racing cars, still makes equally powerful cars. Ferrari's supercars F8 Tributo, SF90 Stradale, and 812 Superfast are not only a great combination of high-speed performance but also aerodynamics and luxury. Ferrari cars remain the first choice of performance sports drivers globally. The company is in fifth place with a valuation of $77.77 billion.

4. BYD – $156.21 billion

Chinese carmaker BYD (Build Your Dreams) has surprised all car companies in the world with its affordable electric cars. The company is a big player not only in cars but also in battery production and solar energy solutions. The company's patented blade battery technology is recognized all over the world. Along with meeting China's domestic demand, the company is also expanding aggressively in international markets like Europe, Latin America, and India. BYD is fourth on this list with a valuation of $156.21 billion.

3. Xiaomi – $172.49 billion

You will be surprised to know that Xiaomi, a company without any extensive automobile history and experience, has created a stir in the EV industry with its very first product SU7 sedan. Its design is inspired by luxury cars like Porsche. The company's initial investment of 10 billion yuan and integration of the smartphone data ecosystem has taken it from being a tech giant to a car giant. Xiaomi is further strengthening its product portfolio with the launch of the MX11 SUV. The company is the third-largest car company in the world in terms of market valuation. Its market valuation is $172.49 billion.

2. Toyota – $252.15 billion

Toyota has long held the honor of being the world's largest company. Toyota cars are known for their strong engineering. Toyota is researching electric cars as well as vehicles running on hydrogen fuel cells and completely carbon-free engines. Toyota is second on this list with a market valuation of $252.15 billion.

1. Tesla – $926.80 billion

Elon Musk-led car company Tesla is the world's largest car company with a valuation of around $1 trillion. Tesla manufactures premium and luxury cars in the EV segment. The company now plans to launch cars in the budget range as well. With its extensive manufacturing plant, charging stations and technology in the US, Tesla has established itself as a smart and sustainable vehicle manufacturer.

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