Top 10 Automotive OEM in the World in 2021 by EV/EBITDA

The Lion Electric Company, Anhui Jianghuai Automobile Group Corp Ltd, Tesla Inc, Kia Corp, and Force Motors Limited are the top 10 Automotive OEM companies in 2021 by Enterprise Value to EBITDA ratio (EV/EBITDA). In the top 10 Automotive OEM companies by EV/EBITDA, The Lion Electric Company had the highest ratio (2,126) and Ashok Leyland Ltd had the lowest EV/EBITDA ratio (24). In terms of the geographic split, 7 out of 10 of the world’s top OEMs are based in the Asia Pacific and 3 are based in North America. Cumulatively, the companies generated revenue of $238,224 million with average revenue growth of 25.6%. Force Motors Limited, Eicher Motors Ltd, and Nissan Motor Co Ltd’s revenue decreased in 2021 by 35.5%, 4.7%, and 20.4% respectively. The Canada-based Lion Electric Company is the leading Automotive OEM company in the world (by EV/EBITDA). The company reported revenues of $58 million for the fiscal year ended December 2021 (FY2021), due to an increase in vehicle sales volume of 25 units. The Lion Electric Company is a commercial vehicle manufacturer. Currently the biggest electric vehicle manufacturer in its segment, Lion primarily produces yellow school buses, public transit buses, semi-trucks, bucket trucks, and garbage/refuse trucks - all of which feature zero-emission battery-electric powertrains. It specializes in the development and production of all-electric heavy-duty vehicles and employs 1100 people. China-based Anhui Jianghuai Automobile Group Corp Ltd (Anhui Jianghuai Automobile) is another leading Automotive OEM company in the world (by EV/EBITDA). Anhui Jianghuai Automobile develops, manufactures, and sells commercial vehicles, electrical vehicles, SPV's and passenger cars. The company reported revenues of $6,250 million for the fiscal year ended December 2021 (FY2021), a decrease of 6% over the previous year.