Top 10 Automotive OEMs in China in 2021 by Revenue

SAIC Motor Corp Ltd, China FAW Group Co Ltd, BAIC Motor Corporation Ltd, BYD Co Ltd, and Dongfeng Motor Group Co Ltd are the largest 5 automotive OEMs in China in 2021 by revenue. Collectively, the largest 10 automotive OEMs generated revenue of $269,726 million, with average revenue growth of 26.5%, where the highest revenue was generated by SAIC Motor Corp Ltd ($120,908 million), while the lowest revenue was generated by Nio Inc ($5,603 million). The highest revenue growth was registered by Nio Inc (122.2%), followed by BYD Co Ltd (37.7%), and the lowest revenue growth was registered by Dongfeng Motor Group Co Ltd (4.2%). While 3 OEM’s revenues declined in 2021. They employed a total of 1,013,288 people in 2021. The China-based SAIC Motor Corp Ltd is the leading automotive OEM in China (by revenue). The company reported revenues of $120,908 million for the fiscal year ended June 2021 (FY2021), an increase of 5.1% over FY2020 was driven by offering new products, expanding its sales network, and optimizing its production and sales structure. The company is a manufacturer of passenger cars and commercial vehicles. It provides a range of components such as engines, gearboxes, powertrains, chassis, interior, exterior, and other miscellaneous electronic components. It also focuses on automobile-related finance and insurance and investment businesses. It carries out overseas operations and international commerce and trade business. The company employs 207,246 people. China FAW Group Co Ltd is one of the leading companies in automotive OEM in China (by revenue). The company reported revenues of $10,227.19 million for the fiscal year ended June 2021 (FY2021). The company primarily operates its business in China. It also operates its business through its manufacturing plants located at northeastern China's Jilin, Liaoning and Heilongjiang provinces, eastern China's Shandong province and Tianjin municipality regions. It employs 120,000 people.