Tesla is the best electric car manufacturer in the automobile industry. They manufacture many types of advanced electric cars.
Apart from Tesla, 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 billion, and among them, the company with the highest market share is Tesla with $608.20 billion. Tesla Company has 87 percent of the shares and other all companies have 13 percent.
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.
Table of Contents
#10 Best Electric Car Company
| Rank | Company | Ticker | Market cap | Country |
| 1 | Tesla | TSLA | $608.20 Bn | USA |
| 2 | Li Auto | LI | $23.30 Bn | China |
| 3 | NIO | NIO | $15.87 Bn | China |
| 4 | Lucid Motors | LCID | $14.99 B | USA |
| 5 | Rivian | RIVN | $16.75 Bn | USA |
| 6 | Polestar | PSNY | $10.96 Bn | Sweden |
| 7 | XPeng | XPEV | $8.08 Bn | China |
| 8 | Leapmotor | 9863.HK | $4.01 Bn | China |
| 9 | Fisker | FSR | $2.01 Bn | USA |
| 10 | Gogoro | GGR | $0.89 Bn | Taiwan |
#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
#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.
Read More: Tire Maintenance Tips – 5 Important Rules for Postseason Transportation
Li Auto Company Market Share from 2020 to 2023
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
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.