5 Most Valuable Electric Car Companies in the World

2. Toyota Motor Corporation (NYSE:TM)

Market Capitalization: $306.96 Billion   

Toyota Motor Corporation (NYSE:TM) is one of the world’s largest automobile manufacturers, producing 10 million vehicles annually. On February 6, 2024, Toyota Motor Corporation (NYSE:TM) announced an additional $1.3 billion investment into its Kentucky plant, aiming to produce 250,000 electric vehicles in 2024. It has a market cap of  $306.96 billion as of February 20, 2024. By 2030, the company aims to  sell 3.5 million electric vehicles globally.

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