Latest Trends in Global Electric Bus Traction Motor Market

An electric bus traction motor is a critical component in the propulsion system of electric buses.

It serves as the heart of the vehicle's powertrain, responsible for converting electrical energy from the bus's battery or power source into mechanical energy to drive the wheels.

Unlike traditional internal combustion engines, electric buses rely on electricity to generate motion, making the traction motor a key player in their eco-friendly and sustainable operation.

Electric bus traction motors play a pivotal role in the global transition towards cleaner and more sustainable public transportation. They contribute to reducing greenhouse gas emissions and improving air quality in urban areas by eliminating tailpipe emissions.

Furthermore, advancements in motor technology continue to enhance the efficiency, range, and overall performance of electric buses, making them increasingly attractive for cities and transit agencies worldwide as they seek to reduce their carbon footprint and provide cleaner, quieter, and more efficient public transportation options.

The electric bus traction motor market is poised for significant growth as the demand for electric buses surges and technology innovations continue to drive improvements in motor efficiency and reliability.

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TECHNOLOGICAL ADVANCEMENTS

The design and manufacturing of electric traction motors must undergo a permanent development and improvement process to enable large market penetration of electric vehicles.

Technology trends include improving electric motors, with a particular focus on reducing the use of rare earth materials inside the rotor magnet since the magnets account for the largest portion of the motor costs but are essential to meeting the performance targets.

Furthermore, the main trends are reducing cost, volume, and weight while maintaining or increasing performance (higher efficiency at higher power) and reliability.

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GOVERNMENT SUPPORT

Governments across the world are introducing laws for public transport to shift from internal combustion engine (ICE) buses to electric buses. For instance, recently the Indian government passed a law stating the shift from diesel public transport to electric buses over the years.

Therefore, a rise in demand for electric public transport is expected to drive the market growth for global electric bus traction motors.

RECENT PARTNERSHIP

E-Traction launches RetroMotion. In-wheel motors for e-bus conversion
e-Traction presents RetroMotion, an in-wheel motor electric drivetrain addressed at the market of commercial fleet conversion.

To ensure sustainability for transit buses, sightseeing double-deckers, or coaches, these vehicles can be retrofitted with electric drive technology, e-Traction points out while presenting its latest solution.

The automotive supplier MAHLE has developed the most durable electric motor available. The traction motor, which is unique on the market, can run indefinitely with high performance. A new cooling concept makes this technological leap possible.

The new electric motor is surpassingly clean, light, and efficient and can be assembled without the use of rare earths by customer request. The new development is suitable for passenger cars and commercial vehicles as well as construction machines and tractors.

With the SCT E-motor, MAHLE thus becomes a full-range provider in the field of electric drives and covers all needs from e-scooters to heavy-duty commercial vehicles as well as off-road and industrial applications.

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FAQs

How many Electric Bus Traction motors are manufactured per annum globally? Who are the sub-component suppliers in different regions?
Cost breakup of a Global Electric Bus Traction Motor and key vendor selection criteria
Where is the Electric Bus Traction Motor manufactured? What is the average margin per unit?
Market share of Global Electric Bus Traction Motor market manufacturers and their upcoming products
Cost advantage for OEMs who manufacture Global Electric Bus Traction Motors in-house
key predictions for the next 5 years in the Global Electric Bus Traction Motor market
Average B-2-B Electric Bus Traction Motor market price in all segments
Latest trends in the Electric Bus Traction Motor market, by every market segment
What is the market size (both volume and value) of the Electric Bus Traction Motor market in 2023-2030 and every year in between?
Production breakup of the Electric Bus Traction Motor market, by suppliers and their OEM relationship

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This release was published on openPR.