Press release
Europe EV Components Market Top Key Players - Borgwarner Inc., Jing-Jin Electric Technologies Co., Ltd., Meidensha Corporation, Nidec Corporation, Shuanglin Group, Zhongshan Broad-Ocean Motor Co. Ltd., AC Propulsion, Inc., BYD Company Ltd., Bosch GMBH, Hi
In a series hybrid, the same electric vehicle has been the sole source of energy to power the car's wheels. The car runs on electricity until the battery output falls below a certain level, at which point the gasoline engine kicks in to power a motor/generator that moves the vehicle.
In an installment HEV system, the engines can either drive the tires right away or, as in a series drive train, be effectively detached from the tires, leaving only the electric motor to drive the wheels. At lower speeds, this dual power train behaves more like a series car, but at higher speeds, when the series power train is less efficient, the engine takes over and energy loss is reduced.
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EUROPE EV COMPONENTS MARKET DYNAMICS
The power management system is an important part of the overall design of hybrid and electric cars. It must be able to not only extend the battery's life but also expand the vehicle's range. The State of Health (SoH), State of Charge (SoC), and Depth of Discharge (DoD) of the capacitors are all constantly checked.
An incorporated battery management and security mechanism manages battery condition when charging and draining to ensure extended service battery life. Battery monitoring equipment includes all of the components needed for voltage and power monitoring, communication isolation, and security management.
Additional government initiatives to promote electric vehicle adoption, a stronger emphasis on expanding electric car charging stations, and a growing need for public fleet digitalization are all pushing the industry forward. Electric vehicles are propelled by an electric motor. Battery electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV) are the two forms of electric vehicles (PHEV).
EUROPE EV COMPONENTS MARKET SEGMENTATION
The Europe EV Components Market can be segmented into following categories for further analysis.
Europe EV Components Market By Application
• Passenger Vehicles
• Light Commercial Vehicles
• Heavy Commercial Vehicles
Europe EV Components Market By Technology of Application Type
• Primary Components
• Batteries
• Electric Motor
• Motor Controller
• Secondary Components
• Electric Brakes
• Monitoring displays
Europe EV Components Market By Usage Application Type
• Cars
• Rickshaws
• Motorcycles
• Bicycles
• Trucks
Europe EV Components Market By Regional Classification
• Austria
• Belgium
• Bulgaria
• Croatia
• Republic of Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
RECENT TECHNOLOGICAL TRENDS IN EUROPE EV COMPONENTS MARKET
Battery technology, the electrical systems that keep EVs running and safe, and electric motor efficiency were all stumbling blocks to EV growth in the twentieth century. Continuous progress in each of these breakthroughs, such as the creation of lithium-ion batteries, paved the way for a large growth in electric vehicle development and adoption.
New materials, such as silicon carbide, have enabled improvements in legacy silicon technology, offering much more in terms of improving EV economy and power consumption. In the market, there has been a much-needed technology centered on Motor technologies. This electric motor is based on the TSRF architecture, which is a ground-breaking design (Trapezoidal Stator Radial Flux).
EUROPE EV COMPONENTS MARKET COMPETITIVE LANDSCAPE
Fuel economy improvements, compliance with pollution standards, and global environmental safety protocols are all becoming mandatory requirements for today's automobiles. Various companies are working as a system to provide electric power trains for electric, hybrid, and other electric vehicles in order to help meet these evolving criteria for sustainable transportation.
As cars develop, electric propulsion systems become smaller and lighter, while conversion efficiency improves. These will continue to evolve in order to provide environmentally friendly global transportation. Hitachi Automotive Systems Limited is a market leader in the development of electric vehicle components. They are concentrating on offering large-scale technology integration.
EUROPE EV COMPONENTS MARKET COMPANIES PROFILED
• Borgwarner Inc.
• Jing-Jin Electric Technologies Co., Ltd.
• Meidensha Corporation
• Nidec Corporation
• Shuanglin Group
• Zhongshan Broad-Ocean Motor Co. Ltd.
• AC Propulsion, Inc.
• BYD Company Ltd.
• Bosch GMBH
• Hitachi Automotive Systems Limited
• ZF
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