Top 10 Original Equipment Manufacturers in the World by Market Capitalization

Tesla Inc, Toyota Motor Corp, BYD Co Ltd, Mercedes-Benz Group AG, and Volkswagen AG are the top 5 original equipment manufacturers in the world in 2023 by market capitalization (as of Mar 31, 2023). Collectively, the top 10 global OEMs had a market capitalization of $1,438,603 million (as of Mar 31, 2023), where Tesla Inc ($656,425 million) has the highest followed by Toyota Motor Corp ($231,226 million) and BYD Co Ltd ($99,703 million), while the company Ford Motor Co stood lowest with $50,226 million market cap. In terms of geographical split 4 out of 10 companies are based in Europe, while 3 companies are based in North America, and the remaining companies are based in Asia. The United States of America-based Tesla Inc is the leading automotive OEM in the world (by market cap). The company reported a market capitalization of $656,425 million and revenues of $81,462 million for the fiscal year ended December 2022 (FY2022), an increase of 51.35% over FY2021. The company is an automotive and energy company. It designs, develops, manufactures, sells, and leases electric vehicles and energy generation and storage systems. It employs 127,855 people. Toyota Motor Corp is one of the leading automotive OEMs in the world (by market cap). The company reported a market capitalization of $231,226 million and revenues of $279,359 million for the fiscal year ended March 2022 (FY2022), an increase of 8.82% over FY2021. The company is an automobile manufacturer. It designs, manufactures, assembles, and sells passenger cars, recreational and sport-utility vehicles, minivans, related parts and accessories, and commercial vehicles such as trucks. It employs 372,817 people.