Top 10 Automotive OEM in the World in 2021 by Enterprise Value to Sales Ratio
Fisker Inc, Lucid Group Inc, Rivian Automotive LLC, Hindustan Motors Ltd, and The Lion Electric Company are the top 5 automotive OEM companies in 2021 by enterprise value to sales ratio (EV/Sales). In the top 10 automotive OEM companies by EV/Sales ratio Fisker Inc had the highest ratio (38,831) and BAIC BluePark New Energy Technology Co Ltd had the lowest enterprise value to sales ratio (7). In terms of geographic split, 5 out of 10 of the world’s top OEMs are based in North America and while 5 are based in the Asia Pacific. In aggregate, they generated revenue of $66,283 million with average revenue growth of 232.9% in 2021. Eicher Motors Ltd’s revenue decreased in 2021 by 4.7%. The US-based Fisker Inc Company is the leading automotive OEM company in the world (by EV/Sales). The company reported revenues of $0.11 million for the fiscal year ending December 2021 (FY2021). It is an automotive company. It designs and manufactures electric vehicles and also provides mobility solutions. The company's products include zero-emission vehicles, electric cars, and electrification technologies. Fisker also provides services for Vehicle Maintenance, direct sales, vehicle financing, and selling services. The US-based Lucid Group Inc (Lucid) is another leading automotive OEM company in the world (by EV/Sales). Lucid designs, develops, and manufactures electric cars. The company reported revenues of (US Dollars) US$27.1 million for the fiscal year ended December 2021 (FY2021), compared to a revenue of US$4 million in FY2020. The company operates a manufacturing facility in Casa Grande, the US. Lucid is headquartered in Newark, California, the US. The US-based Rivian Automotive LLC (Rivian) is one of the leading automotive OEM companies in the world (by EV/Sales). Rivian designs and manufactures emissions-free electric vehicles that include R1T, a pickup truck and R1S sport utility vehicle. The company reported revenues of (US Dollars) US$55 million for the fiscal year ended December 2021 (FY2021). The operating loss of the company was US$4,661 million in FY2021, compared to an operating loss of US$1,021 million in FY2020.