New energy vehicles counterattack: Weilai's market value soared 18 times, and Tesla became the world's largest automaker

In 2020, the epidemic had a huge impact on the global automotive industry, and the industry experienced the largest-scale production suspension in history. However, starting from the second half of the year, the global automotive industry ushered in a recovery, and the supply and demand sides quickly recovered.

For listed automakers, thanks to the accelerated pace of automobile electrification transformation, the market value of new energy vehicle companies represented by Tesla and NIO has skyrocketed against the trend, even surpassing most and becoming one of the top global automakers.

Recently, some media sorted out the changes in the market value of 23 international automakers from January 1, 2020 to January 1, 2021. Among them, the market value of 8 automakers declined.

Among the rising car companies, Tesla and NIO performed the best, with Tesla's market value rising more than 7 times and NIO's rising by 18 times. Among traditional car companies, Daimler and General Motors, which have accumulated experience in electric vehicles and autonomous driving technologies, also achieved an increase in market value.

In terms of specific numbers, Tesla's market value was around US$80 billion last year, and this year it has reached US$668.9 billion, making it the world's most valuable automaker.

Toyota Motor has always been known for its stability, with an annual market value growth rate of 6.1%, ranking second on the list.

Although Volkswagen Group has the highest annual sales volume, it was also the most severely affected by the epidemic and was forced to pay a huge fine in the United States for "emissions fraud." Its market value shrank by 10.3% last year, ranking third on the list.

On January 1 last year, the market value of NIO was only 3.91 billion US dollars, and its stock price was close to the delisting red line. However, NIO, which relied on the investment institutions in Hefei to solve the capital crisis, has achieved a turnaround. Now its market value is as high as 75.981 billion US dollars, a year-on-year increase of 1843.2%, becoming the automaker with the largest increase last year and ranking fourth on the list.

Daimler Group, ranked fifth, also saw its market value increase by 22.8% due to its successful transformation.

Overall, in the context of an industry where the trend towards electrification is becoming increasingly evident, new energy vehicle companies have been recognized and welcomed by the capital market. Even China's new car-making forces, Xpeng and Li Auto, which were only listed in the middle of last year, have seen their market value increase several times.

This year, global investors have noticed the huge growth potential in new energy vehicles. Let us wait and see what kind of results these car companies will achieve in the investment market.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.