As of December 13, 2024, the latest statistics on the market capitalization of global automotive manufacturers show that Tesla remains at the forefront, with a market value of $1.4 trillion, accounting for nearly half of the global automotive market. This valuation far exceeds the combined total of the next 29 automotive manufacturers, highlighting Tesla's leadership in the electric vehicle sector. Here are the top five automotive brands:

1. Tesla: $1.4 trillion

Tesla is the world's leading electric vehicle manufacturer, known for its innovative electric passenger cars and clean energy solutions. The company's Model S, Model 3, Model X, and Model Y have all achieved significant success in the market, and Tesla is also actively expanding in autonomous driving and renewable energy sectors.

2. Toyota: $231 billion

Toyota is one of the largest automotive manufacturers globally, renowned for its high quality and reliability. The company leads in hybrid technology, with the Prius being its most famous hybrid model. Additionally, Toyota is making significant investments in hydrogen fuel cells and electric vehicles.

3. BYD: $107 billion

BYD is one of China's largest electric vehicle manufacturers, focusing on the research and production of electric vehicles and their batteries. BYD's electric buses and passenger cars are widely popular in both domestic and international markets, and its battery technology is competitive on a global scale.

4. Xiaomi: $98 billion

Xiaomi started as a smartphone manufacturer and has recently expanded into the electric vehicle sector. The company plans to launch a series of electric cars and aims to leverage its strengths in smart hardware and internet services to capture a share of the smart electric vehicle market.

5. Ferrari: $81 billion

Ferrari is one of the most famous luxury sports car manufacturers globally, known for its exceptional performance and unique design. The brand has achieved remarkable success in motorsport and attracts many affluent consumers through limited edition models and its high-end brand image.

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（Source: uSMART HK）