Attractive Opportunities in the Electric Commercial Vehicle Market
The Global Electric Commercial Vehicle Market size is expected to grow from approximately 261 thousand units in 2020 to reach 1,890 thousand units by 2027, at a CAGR of 32.7%. Factors such as a rise in pollution and environmental hazards, stringent government regulations, and stiff competition have compelled automotive OEMs to make fuel-efficient and environment-friendly vehicles.
OEMs worldwide...
Electric Powertrain Market – Trends & Scenario (2020–2027)
The global Electric Powertrain Market size is projected to reach USD 191.4 billion by 2027 from an estimated USD 62.9 billion in 2019, at a CAGR of 14.9%, driven by developments in electric powertrain technologies. For instance, Continental presented a 48V high power drive system of 30 kW to power full hybrid vehicles. This new system comprises of an electric motor with integrated power electronics...