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Electric Motors For Electric Vehicle Market Outlook 2029: Presents Market Insights & Depth Analysis

09-26-2023 01:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Electric Motors For Electric Vehicle Market Outlook 2029:

Electric Motors For Electric Vehicle Market is anticipated to grow at a considerable CAGR of 21.7% during the forecast period. One of the major factors fueling the market is the growing demand for multi-electric motors in electric vehicles. The electric vehicle market become one of the most competitive markets in the globe in the past few years. To stay, and grow the competition in the market, market players are using more than one electric motor in the vehicle to enhance the performance of the vehicle. Having multiple motors can deliver more or less torque, as per the vehicle need, unlike gears in an ICE vehicle, the multiple motors in an EV can be used simultaneously, which gives the vehicle both speed and torque, greater agility, or increased traction. The Rivian electric pickup trucks also used multiple motor which were attached to each wheel, allowing the truck to perform "tank turns."

The market players are participating in the competition by launching their vehicle with more than one electric motor, and some of the recent launches are;

· Mercedes EQB- It was launched in Auto Shanghai, offers seven seating. It comes with single and dual motors with a 66.5kWh battery and 100kW charging.

· Tesla Cybertruck- This electric truck with unusual design offers a tri-motor version promising a 0-60mph time of 2.9 seconds with three different versions with 250+, 300+, or 500+ miles of range.

To Request a Sample of our Report on Electric Motors For Electric Vehicle Market: https://www.omrglobal.com/request-sample/electric-motors-for-electric-vehicle-market

Market Coverage

· The market number available for - 2022-2030

· Base year- 2022

· Forecast period- 2023-2030

Segment Covered-

· By Motor Type

· By Vehicle Type

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

Competitive Landscape- including AISIN CORP., BYD Motors Inc., Robert Bosch GmbH, Tesla Inc., Toyota Motor Corp., and others.

A full Report of Electric Motors For Electric Vehicle Market is Available @ https://www.omrglobal.com/industry-reports/electric-motors-for-electric-vehicle-market

Electric Motors for Electric Vehicle Market Report Segment

By Motor Type

· Alternative Current (AC) Motor

· Direct Current (DC) Motor

By Vehicle Type

· Hybrid Electric Vehicle (HEV)

· Plug-in Hybrid Electric Vehicle (PHEV)

· Pure Electric Vehicle (PEV)

Electric Motors for Electric Vehicle Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East & Africa

Company Profiles

· BMW AG

· DENSO Corp.

· EVR Motors Ltd.

· Hitachi, Ltd.

· Honda Motor Co., Ltd.

· Magna International Inc.

· Mitsubishi Corp.

· Nidec Corp.

· Nissan

· Toshiba International Corp.

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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