The fiscal year 2024 has seen the unveiling of the global automakers' net profit rankings. Toyota has emerged as the top performer, amassing a net profit of RMB 258.62 billion, closely followed by Volkswagen and Mercedes-Benz. Among the Chinese automakers, BYD stands out, securing the 13th position with a net profit of RMB 40.25 billion, representing the best performance among its domestic peers. Li Auto, meanwhile, ranks 25th. However, several other Chinese automakers, including JAC, Leap Motor, XPeng, BAIC BluePark, and NIO, reported losses during the period.

Tesla, as the sole American representative in the top ten, continues to dominate the new energy vehicle sector, underscoring its leadership position. Additionally, Porsche distinguishes itself with its robust profitability.