5 Most Valuable Electric Car Companies in the World

4. Mercedes-Benz Group AG (OTC:MBGAF)

Market Capitalization: $77.94 Billion     

Mercedes-Benz Group AG (OTC:MBGAF) is a premier luxury automotive brand known for its innovative craftsmanship and iconic design. In Q4 2023, Mercedes-Benz Group AG (OTC:MBGAF) revealed the all-electric EQS SUV variant in the U.S. market. Electric vehicles were a booster for Mercedes-Benz Group AG (OTC:MBGAF), selling 222,600 fully electric passenger cars in 2023, with a 73% growth year-on-year. The EQE Sedan alone saw an impressive 120% increase globally. As of February 20, Mercedes-Benz Group AG (OTC:MBGAF) has a market cap of $77.94 billion.