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Ev Traction Motor Market

EV Traction Motor Market

EV Traction Motor Market - Global Industry Assessment & Forecast

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Semiconductor & Electronics
Number Of Pages # Pages:

147

Base Year:

2022

Date

Jul - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1708

Segments Covered
  • By Motor Type By Motor Type Permanent Magnet Synchronous EV Traction Motors (PSM), Asynchronous EV Traction Motors (ASM)
  • By Voltage Ratings By Voltage Ratings High Voltage EV Traction Motors, Low Voltage EV Traction Motors
  • By Vehicle Type By Vehicle Type Traction Motors for Electric Vehicles, Traction Motors Plug-in Hybrid Electric Vehicles, Traction Motors Mild Hybrid Vehicles, Traction Motors Full Hybrid Vehicles
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 7652.62 Million
Revenue 2030Revenue 2030: USD 45322.03 Million
Revenue CAGRRevenue CAGR (2023 - 2030): 24.90%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
  1. Executive Dashboard
    1. Strategic Imperatives
  2. Premium Insights
    1. Top 3 Trends to Watch
    2. Demand and Supply Trends
    3. Top 3 Strategies Followed by Major Players
    4. Top 3 Predictions by Vantage Market Research
    5. Top Investment Pockets
    6. Insights from Primary Respondents
  3. Global EV Traction Motor Market - Segment Analysis
    1. Overview
    2. Global EV Traction Motor Market, 2016 - 2028 (USD Million)
    3. Global EV Traction Motor Market - by Motor Type
      1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
      2. By Asynchronous EV Traction Motors (ASM)
    4. Global EV Traction Motor Market - by Voltage Ratings
      1. By High Voltage EV Traction Motors
      2. By Low Voltage EV Traction Motors
    5. Global EV Traction Motor Market - by Vehicle Type
      1. By Traction Motors for Electric Vehicles
      2. By Traction Motors Plug-in Hybrid Electric Vehicles
      3. By Traction Motors Mild Hybrid Vehicles
      4. By Traction Motors Full Hybrid Vehicles
    6. Global EV Traction Motor Market - by region
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
    7. Market comparative analysis
  4. North America EV Traction Motor Market - Segment Analysis
    1. Overview
    2. North America EV Traction Motor Market, 2016 - 2028 (USD Million)
    3. North America EV Traction Motor Market, by Motor Type
      1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
      2. By Asynchronous EV Traction Motors (ASM)
    4. North America EV Traction Motor Market, by Voltage Ratings
      1. By High Voltage EV Traction Motors
      2. By Low Voltage EV Traction Motors
    5. North America EV Traction Motor Market, by Vehicle Type
      1. By Traction Motors for Electric Vehicles
      2. By Traction Motors Plug-in Hybrid Electric Vehicles
      3. By Traction Motors Mild Hybrid Vehicles
      4. By Traction Motors Full Hybrid Vehicles
    6. North America EV Traction Motor Market, by Country
      1. U.S.
        1. U.S. EV Traction Motor Market, By Motor Type
          1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
          2. By Asynchronous EV Traction Motors (ASM)
        2. U.S. EV Traction Motor Market, By Voltage Ratings
          1. By High Voltage EV Traction Motors
          2. By Low Voltage EV Traction Motors
        3. U.S. EV Traction Motor Market, By Vehicle Type
          1. By Traction Motors for Electric Vehicles
          2. By Traction Motors Plug-in Hybrid Electric Vehicles
          3. By Traction Motors Mild Hybrid Vehicles
          4. By Traction Motors Full Hybrid Vehicles
      2. Canada
        1. Canada EV Traction Motor Market, By Motor Type
          1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
          2. By Asynchronous EV Traction Motors (ASM)
        2. Canada EV Traction Motor Market, By Voltage Ratings
          1. By High Voltage EV Traction Motors
          2. By Low Voltage EV Traction Motors
        3. Canada EV Traction Motor Market, By Vehicle Type
          1. By Traction Motors for Electric Vehicles
          2. By Traction Motors Plug-in Hybrid Electric Vehicles
          3. By Traction Motors Mild Hybrid Vehicles
          4. By Traction Motors Full Hybrid Vehicles
      3. Mexico
        1. Mexico EV Traction Motor Market, By Motor Type
          1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
          2. By Asynchronous EV Traction Motors (ASM)
        2. Mexico EV Traction Motor Market, By Voltage Ratings
          1. By High Voltage EV Traction Motors
          2. By Low Voltage EV Traction Motors
        3. Mexico EV Traction Motor Market, By Vehicle Type
          1. By Traction Motors for Electric Vehicles
          2. By Traction Motors Plug-in Hybrid Electric Vehicles
          3. By Traction Motors Mild Hybrid Vehicles
          4. By Traction Motors Full Hybrid Vehicles
  5. Europe EV Traction Motor Market - Segment Analysis
    1. Overview
    2. Europe EV Traction Motor Market, 2016 - 2028 (USD Million)
    3. Europe EV Traction Motor Market, by Motor Type
      1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
      2. By Asynchronous EV Traction Motors (ASM)
    4. Europe EV Traction Motor Market, by Voltage Ratings
      1. By High Voltage EV Traction Motors
      2. By Low Voltage EV Traction Motors
    5. Europe EV Traction Motor Market, by Vehicle Type
      1. By Traction Motors for Electric Vehicles
      2. By Traction Motors Plug-in Hybrid Electric Vehicles
      3. By Traction Motors Mild Hybrid Vehicles
      4. By Traction Motors Full Hybrid Vehicles
    6. Europe EV Traction Motor Market, by Country
      1. Germany
        1. Germany EV Traction Motor Market, By Motor Type
          1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
          2. By Asynchronous EV Traction Motors (ASM)
        2. Germany EV Traction Motor Market, By Voltage Ratings
          1. By High Voltage EV Traction Motors
          2. By Low Voltage EV Traction Motors
        3. Germany EV Traction Motor Market, By Vehicle Type
          1. By Traction Motors for Electric Vehicles
          2. By Traction Motors Plug-in Hybrid Electric Vehicles
          3. By Traction Motors Mild Hybrid Vehicles
          4. By Traction Motors Full Hybrid Vehicles
      2. UK
        1. UK Market, By Motor Type
          1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
          2. By Asynchronous EV Traction Motors (ASM)
        2. UK Market, By Voltage Ratings
          1. By High Voltage EV Traction Motors
          2. By Low Voltage EV Traction Motors
        3. UK Market, By Vehicle Type
          1. By Traction Motors for Electric Vehicles
          2. By Traction Motors Plug-in Hybrid Electric Vehicles
          3. By Traction Motors Mild Hybrid Vehicles
          4. By Traction Motors Full Hybrid Vehicles
      3. France
        1. France EV Traction Motor Market, By Motor Type
          1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
          2. By Asynchronous EV Traction Motors (ASM)
        2. France EV Traction Motor Market, By Voltage Ratings
          1. By High Voltage EV Traction Motors
          2. By Low Voltage EV Traction Motors
        3. France EV Traction Motor Market, By Vehicle Type
          1. By Traction Motors for Electric Vehicles
          2. By Traction Motors Plug-in Hybrid Electric Vehicles
          3. By Traction Motors Mild Hybrid Vehicles
          4. By Traction Motors Full Hybrid Vehicles
      4. Spain
        1. Spain EV Traction Motor Market, By Motor Type
          1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
          2. By Asynchronous EV Traction Motors (ASM)
        2. Spain EV Traction Motor Market, By Voltage Ratings
          1. By High Voltage EV Traction Motors
          2. By Low Voltage EV Traction Motors
        3. Spain EV Traction Motor Market, By Vehicle Type
          1. By Traction Motors for Electric Vehicles
          2. By Traction Motors Plug-in Hybrid Electric Vehicles
          3. By Traction Motors Mild Hybrid Vehicles
          4. By Traction Motors Full Hybrid Vehicles
      5. Italy
        1. Italy EV Traction Motor Market, By Motor Type
          1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
          2. By Asynchronous EV Traction Motors (ASM)
        2. Italy EV Traction Motor Market, By Voltage Ratings
          1. By High Voltage EV Traction Motors
          2. By Low Voltage EV Traction Motors
        3. Italy EV Traction Motor Market, By Vehicle Type
          1. By Traction Motors for Electric Vehicles
          2. By Traction Motors Plug-in Hybrid Electric Vehicles
          3. By Traction Motors Mild Hybrid Vehicles
          4. By Traction Motors Full Hybrid Vehicles
      6. BENELUX
        1. BENELUX EV Traction Motor Market, By Motor Type
          1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
          2. By Asynchronous EV Traction Motors (ASM)
        2. BENELUX EV Traction Motor Market, By Voltage Ratings
          1. By High Voltage EV Traction Motors
          2. By Low Voltage EV Traction Motors
        3. BENELUX EV Traction Motor Market, By Vehicle Type
          1. By Traction Motors for Electric Vehicles
          2. By Traction Motors Plug-in Hybrid Electric Vehicles
          3. By Traction Motors Mild Hybrid Vehicles
          4. By Traction Motors Full Hybrid Vehicles
      7. Rest of Europe
        1. Rest Of Europe EV Traction Motor Market, By Motor Type
          1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
          2. By Asynchronous EV Traction Motors (ASM)
        2. Rest Of Europe EV Traction Motor Market, By Voltage Ratings
          1. By High Voltage EV Traction Motors
          2. By Low Voltage EV Traction Motors
        3. Rest Of Europe EV Traction Motor Market, By Vehicle Type
          1. By Traction Motors for Electric Vehicles
          2. By Traction Motors Plug-in Hybrid Electric Vehicles
          3. By Traction Motors Mild Hybrid Vehicles
          4. By Traction Motors Full Hybrid Vehicles
  6. Asia Pacific EV Traction Motor Market - Segment Analysis
    1. Overview
    2. Asia Pacific EV Traction Motor Market, 2016 - 2028 (USD Million)
    3. Asia Pacific EV Traction Motor Market, by Motor Type
      1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
      2. By Asynchronous EV Traction Motors (ASM)
    4. Asia Pacific EV Traction Motor Market, by Voltage Ratings
      1. By High Voltage EV Traction Motors
      2. By Low Voltage EV Traction Motors
    5. Asia Pacific EV Traction Motor Market, by Vehicle Type
      1. By Traction Motors for Electric Vehicles
      2. By Traction Motors Plug-in Hybrid Electric Vehicles
      3. By Traction Motors Mild Hybrid Vehicles
      4. By Traction Motors Full Hybrid Vehicles
    6. Asia Pacific EV Traction Motor Market, by Country
      1. China
        1. China EV Traction Motor Market, By Motor Type
          1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
          2. By Asynchronous EV Traction Motors (ASM)
        2. China EV Traction Motor Market, By Voltage Ratings
          1. By High Voltage EV Traction Motors
          2. By Low Voltage EV Traction Motors
        3. China EV Traction Motor Market, By Vehicle Type
          1. By Traction Motors for Electric Vehicles
          2. By Traction Motors Plug-in Hybrid Electric Vehicles
          3. By Traction Motors Mild Hybrid Vehicles
          4. By Traction Motors Full Hybrid Vehicles
      2. Japan
        1. Japan EV Traction Motor Market, By Motor Type
          1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
          2. By Asynchronous EV Traction Motors (ASM)
        2. Japan EV Traction Motor Market, By Voltage Ratings
          1. By High Voltage EV Traction Motors
          2. By Low Voltage EV Traction Motors
        3. Japan EV Traction Motor Market, By Vehicle Type
          1. By Traction Motors for Electric Vehicles
          2. By Traction Motors Plug-in Hybrid Electric Vehicles
          3. By Traction Motors Mild Hybrid Vehicles
          4. By Traction Motors Full Hybrid Vehicles
      3. India
        1. India EV Traction Motor Market, By Motor Type
          1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
          2. By Asynchronous EV Traction Motors (ASM)
        2. India EV Traction Motor Market, By Voltage Ratings
          1. By High Voltage EV Traction Motors
          2. By Low Voltage EV Traction Motors
        3. India EV Traction Motor Market, By Vehicle Type
          1. By Traction Motors for Electric Vehicles
          2. By Traction Motors Plug-in Hybrid Electric Vehicles
          3. By Traction Motors Mild Hybrid Vehicles
          4. By Traction Motors Full Hybrid Vehicles
      4. South Korea
        1. South Korea EV Traction Motor Market, By Motor Type
          1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
          2. By Asynchronous EV Traction Motors (ASM)
        2. South Korea EV Traction Motor Market, By Voltage Ratings
          1. By High Voltage EV Traction Motors
          2. By Low Voltage EV Traction Motors
        3. South Korea EV Traction Motor Market, By Vehicle Type
          1. By Traction Motors for Electric Vehicles
          2. By Traction Motors Plug-in Hybrid Electric Vehicles
          3. By Traction Motors Mild Hybrid Vehicles
          4. By Traction Motors Full Hybrid Vehicles
      5. South East Asia
        1. South East Asia EV Traction Motor Market, By Motor Type
          1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
          2. By Asynchronous EV Traction Motors (ASM)
        2. South East Asia EV Traction Motor Market, By Voltage Ratings
          1. By High Voltage EV Traction Motors
          2. By Low Voltage EV Traction Motors
        3. South East Asia EV Traction Motor Market, By Vehicle Type
          1. By Traction Motors for Electric Vehicles
          2. By Traction Motors Plug-in Hybrid Electric Vehicles
          3. By Traction Motors Mild Hybrid Vehicles
          4. By Traction Motors Full Hybrid Vehicles
      6. Rest of Asia Pacific
        1. Rest of Asia Pacific EV Traction Motor Market, By Motor Type
          1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
          2. By Asynchronous EV Traction Motors (ASM)
        2. Rest of Asia Pacific EV Traction Motor Market, By Voltage Ratings
          1. By High Voltage EV Traction Motors
          2. By Low Voltage EV Traction Motors
        3. Rest of Asia Pacific EV Traction Motor Market, By Vehicle Type
          1. By Traction Motors for Electric Vehicles
          2. By Traction Motors Plug-in Hybrid Electric Vehicles
          3. By Traction Motors Mild Hybrid Vehicles
          4. By Traction Motors Full Hybrid Vehicles
  7. Latin America EV Traction Motor Market - Segment Analysis
    1. Overview
    2. Latin America EV Traction Motor Market, 2016 - 2028 (USD Million)
    3. Latin America EV Traction Motor Market, by Motor Type
      1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
      2. By Asynchronous EV Traction Motors (ASM)
    4. Latin America EV Traction Motor Market, by Voltage Ratings
      1. By High Voltage EV Traction Motors
      2. By Low Voltage EV Traction Motors
    5. Latin America EV Traction Motor Market, by Vehicle Type
      1. By Traction Motors for Electric Vehicles
      2. By Traction Motors Plug-in Hybrid Electric Vehicles
      3. By Traction Motors Mild Hybrid Vehicles
      4. By Traction Motors Full Hybrid Vehicles
    6. Latin America EV Traction Motor Market, by Country
      1. Brazil
        1. Brazil EV Traction Motor Market, By Motor Type
          1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
          2. By Asynchronous EV Traction Motors (ASM)
        2. Brazil EV Traction Motor Market, By Voltage Ratings
          1. By High Voltage EV Traction Motors
          2. By Low Voltage EV Traction Motors
        3. Brazil EV Traction Motor Market, By Vehicle Type
          1. By Traction Motors for Electric Vehicles
          2. By Traction Motors Plug-in Hybrid Electric Vehicles
          3. By Traction Motors Mild Hybrid Vehicles
          4. By Traction Motors Full Hybrid Vehicles
      2. Argentina
        1. Argentina EV Traction Motor Market, By Motor Type
          1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
          2. By Asynchronous EV Traction Motors (ASM)
        2. Argentina EV Traction Motor Market, By Voltage Ratings
          1. By High Voltage EV Traction Motors
          2. By Low Voltage EV Traction Motors
        3. Argentina EV Traction Motor Market, By Vehicle Type
          1. By Traction Motors for Electric Vehicles
          2. By Traction Motors Plug-in Hybrid Electric Vehicles
          3. By Traction Motors Mild Hybrid Vehicles
          4. By Traction Motors Full Hybrid Vehicles
      3. Rest of Latin America
        1. Rest of Latin America EV Traction Motor Market, By Motor Type
          1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
          2. By Asynchronous EV Traction Motors (ASM)
        2. Rest of Latin America EV Traction Motor Market, By Voltage Ratings
          1. By High Voltage EV Traction Motors
          2. By Low Voltage EV Traction Motors
        3. Rest of Latin America EV Traction Motor Market, By Vehicle Type
          1. By Traction Motors for Electric Vehicles
          2. By Traction Motors Plug-in Hybrid Electric Vehicles
          3. By Traction Motors Mild Hybrid Vehicles
          4. By Traction Motors Full Hybrid Vehicles
  8. Middle East & Africa EV Traction Motor Market - Segment Analysis
    1. Overview
    2. Middle East & Africa EV Traction Motor Market, 2016 - 2028 (USD Million)
    3. Middle East & Africa EV Traction Motor Market, by Motor Type
      1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
      2. By Asynchronous EV Traction Motors (ASM)
    4. Middle East & Africa EV Traction Motor Market, by Voltage Ratings
      1. By High Voltage EV Traction Motors
      2. By Low Voltage EV Traction Motors
    5. Middle East & Africa EV Traction Motor Market, by Vehicle Type
      1. By Traction Motors for Electric Vehicles
      2. By Traction Motors Plug-in Hybrid Electric Vehicles
      3. By Traction Motors Mild Hybrid Vehicles
      4. By Traction Motors Full Hybrid Vehicles
    6. Middle East & Africa EV Traction Motor Market, by Country
      1. GCC Countries
        1. GCC Countries EV Traction Motor Market, By Motor Type
          1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
          2. By Asynchronous EV Traction Motors (ASM)
        2. GCC Countries EV Traction Motor Market, By Voltage Ratings
          1. By High Voltage EV Traction Motors
          2. By Low Voltage EV Traction Motors
        3. GCC Countries EV Traction Motor Market, By Vehicle Type
          1. By Traction Motors for Electric Vehicles
          2. By Traction Motors Plug-in Hybrid Electric Vehicles
          3. By Traction Motors Mild Hybrid Vehicles
          4. By Traction Motors Full Hybrid Vehicles
      2. South Africa
        1. South Africa EV Traction Motor Market, By Motor Type
          1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
          2. By Asynchronous EV Traction Motors (ASM)
        2. South Africa EV Traction Motor Market, By Voltage Ratings
          1. By High Voltage EV Traction Motors
          2. By Low Voltage EV Traction Motors
        3. South Africa EV Traction Motor Market, By Vehicle Type
          1. By Traction Motors for Electric Vehicles
          2. By Traction Motors Plug-in Hybrid Electric Vehicles
          3. By Traction Motors Mild Hybrid Vehicles
          4. By Traction Motors Full Hybrid Vehicles
      3. Rest of Middle East & Africa
        1. Rest of Middle East & Africa EV Traction Motor Market, By Motor Type
          1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
          2. By Asynchronous EV Traction Motors (ASM)
        2. Rest of Middle East & Africa EV Traction Motor Market, By Voltage Ratings
          1. By High Voltage EV Traction Motors
          2. By Low Voltage EV Traction Motors
        3. Rest of Middle East & Africa EV Traction Motor Market, By Vehicle Type
          1. By Traction Motors for Electric Vehicles
          2. By Traction Motors Plug-in Hybrid Electric Vehicles
          3. By Traction Motors Mild Hybrid Vehicles
          4. By Traction Motors Full Hybrid Vehicles
  9. Key Market Dynamics
    1. Introduction
    2. Market Drivers
    3. Market Restraints
    4. Market Opportunities
    5. Porter's Five Forces Analysis
    6. PEST Analysis
    7. Regulatory Landscape
    8. Technology Landscape
    9. Regional Market Trends
  10. COVID 19 Impact Analysis
    1. Key strategies undertaken by companies to tackle COVID-19
    2. Short term dynamics
    3. Long term dynamics
  11. Marketing Stratagy Analysis
    1. Marketing Channel
    2. Direct Marketing
    3. Indirect Marketing
    4. Marketing Channel Development Trends
  12. Competative Landscape
    1. Competition Matrix - 2021
    2. Company Market Share Analysis - 2021
    3. Key Company Activities, 2018 - 2021
    4. Strategic Developments - Heat Map Analysis
    5. Company Offering Evaluation
    6. Company Regional Presence Evaluation
  13. Company Profiles
    1. Zytek Group Limited
    2. ZF TRW Automotive Holdings Corporation
    3. YASA Motors Ltd.
    4. Valeo SA
    5. SKF AB
    6. Parker-Hannifin Corp.
    7. Magnetic System Technology
    8. Bharat Heavy Electricals Ltd.
    9. ABB Limited
  14. Key Primary Respondents - VERBATIM
  15. Discussion Guide
  16. Customization Offered
  17. Annexure
  18. List of Figures
  19. List of Tables
  20. List of Abbreviations
Vantage Market Research | 20-Jul-2022
EV Traction Motor Market to Reach Valuation of USD 23486.5 Million by 2028 – Increasing Government Regulations for Emission Control and Growing Technological Advancements in EV Sector Drives the Market
FAQ
Frequently Asked Question

  • The global EV Traction Motor valued at USD 7652.62 Million in 2022 and is expected to reach USD 45322.03 Million in 2030 growing at a CAGR of 24.90%.

  • The prominent players in the market are Zytek Group Limited, ZF TRW Automotive Holdings Corporation, YASA Motors Ltd., Valeo SA, SKF AB, Parker-Hannifin Corp., Magnetic System Technology, Bharat Heavy Electricals Ltd., ABB Limited.

  • The market is project to grow at a CAGR of 24.90% between 2023 and 2030.

  • The driving factors of the EV Traction Motor include

    • Increasing stringency of emission regulations has pushed OEMs to manufacture and sell electric and hybrid vehicles

  • Asia Pacific was the leading regional segment of the EV Traction Motor in 2022.

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