What is the Best Electric Car Company

Tesla is the best electric car manufacturer in the automobile industry. They manufacture many types of advanced electric cars.

Apart from Tesla company, there are several other companies that also manufacture electric cars such as – Li Auto, Lucid Motors, NIO, Rivian, Polestar, XPeng, Leapmotor, Fisker, Nikola Corporation, etc.

Of the largest 32 companies that manufacture electric cars, among them, Tesla has the highest market share.

32 companies with a total market share of $701.55 Bn and among them, the company with the highest market share is Tesla with $608.20 Bn. Tesla Company has 87 percent of the shares and other all companies have 13 percent shares.

There are also many other companies. We have mentioned only the best ten companies here and will tell you the details about these 10 companies.

RankCompanyTickerMarket capCountry
1TeslaTSLA$608.20 BnUSA
2Li AutoLI$23.30 BnChina
3NIONIO$15.87 BnChina
4Lucid MotorsLCID$14.99 BUSA
5RivianRIVN$16.75 BnUSA
6PolestarPSNY$10.96 BnSweden
7XPengXPEV$8.08 BnChina
8Leapmotor9863.HK$4.01 BnChina
9FiskerFSR$2.01 BnUSA
10GogoroGGR$0.89 BnTaiwan
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#1 – Tesla 

Tesla is a popular brand that offers high-performance electric vehicles with cutting-edge technology and long driving ranges.

Tesla Company Market Share from 2010 to 2023

Tesla market share
Tesla market share (Image Source: companiesmarketca)

#2 – Li Auto

Li Auto is a Chinese electric vehicle manufacturer that specializes in the production of plug-in hybrid electric vehicles (PHEVs).

Li Auto is one of the fastest-growing electric vehicle companies in China, with a strong focus on innovation, technology, and customer satisfaction.

Li Auto Company Market Share from 2020 to 2023

Li Auto market share, Li Auto
Li Auto market share (Image Source: companiesmarketca)

In terms of market share, Li Auto is in the second position of market share. They hold a very large market place and the volume of car sales is very high.

#3 – NIO

Chinese electric vehicle (EV) manufacturer NIO was established in 2014. The company focuses on creating premium electric vehicles with state-of-the-art design, performance, and technology.

NIO’s current lineup includes three models: the ES8, ES6, and EC6.

Li Auto Company Market Share from 2018 to 2023

NIO market share
NIO market share (Image Source: companiesmarketca)

One of the most well-known EV brands in China today, NIO has plans to grow internationally in the future. NIO is renowned for its dedication to providing excellent customer service and for offering a variety of special features and services that improve the ownership experience.

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