Electric Powertrain Industry The global electric powertrain market size is expected to reach USD 260.91 billion by 2030, registering a CAGR of 15.3% over the forecast period, according to a new report by Grand View Research, Inc. The market for pure electric and plug-in hybrid vehicles has been growing significantly, in turn creating an increasing demand for automotive electric...

The electric vehicle (EV) market has witnessed exponential growth over the past decade, driven by technological advancements, environmental concerns, and evolving consumer preferences. Central to this transformation is the electric vehicle powertrain, a critical component that includes the electric motor, battery pack, and associated electronics. As we look to the future, the electric vehicle...

As the automotive industry grows towards an electrified future, the electric vehicle (EV) fast charging system market is experiencing unprecedented growth. With environmental concerns driving policy changes and consumer preferences shifting towards sustainable transportation, the demand for fast and efficient EV charging infrastructure is soaring. This article underlines the dynamics of the...

What is Driving the Growth of North America Electric Vehicle Powertrain Market   The electric vehicle (EV) powertrain market is experiencing unprecedented growth, fueled by a confluence of technological advancements, environmental imperatives, and evolving consumer preferences. As the automotive industry shifts towards sustainability, the electric vehicle powertrain has emerged as a...