Electric Vehicle Powertrain Market to Reach USD 687.55 Billion by 2030 - Mordor Intelligence

Mordor Intelligence, in its latest Electric Vehicle Powertrain Market report, forecasts that the market size is estimated at USD 259.92 billion in 2025 and expected to reach USD 687.55 billion by 2030, at a 21.48% CAGR.

The Electric Vehicle Powertrain Market represents a core segment of the automotive industry's shift toward electrification. Powertrain systems, which comprise battery packs, motors, inverters, and control units, are essential in determining vehicle performance, efficiency, and cost structure. The market's growth is strongly influenced by global electric vehicle sales, regulatory targets for zero-emission transport, and advancements in battery technologies that are reducing costs and improving energy density. With the rapid adoption of 800-volt architectures, automakers are achieving faster charging and improved efficiency, expanding the appeal of electric vehicles across both premium and mass-market categories.

Report Overview: https://www.mordorintelligence.com/industry-reports/electric-vehicle-powertrain-market?utm_source=openpr

Key Market Trends

Regulatory push toward electrification: Governments worldwide are mandating stricter emission norms and setting timelines to phase out combustion vehicles. The European Union's 2035 zero-emission target and similar rules in North America and Asia are accelerating investment in electric powertrain platforms.

Rising adoption of battery-electric vehicles: Battery-electric vehicles dominate the powertrain market, supported by falling battery pack costs, improving energy density, and growing consumer acceptance. Hybrid and plug-in hybrid systems continue to play a transitional role, especially in regions with limited charging infrastructure.

Expansion of 800-volt architectures: Automakers are shifting from conventional 400-volt systems to advanced 800-volt platforms that reduce charging time, improve efficiency, and cut vehicle weight. This transition is gaining traction in both premium and mass-market models, strengthening overall market growth.

Regional leadership of Asia-Pacific: Asia-Pacific leads the global market due to its large-scale EV manufacturing base, integrated supply chains, and rising adoption in China, Japan, and South Korea. Europe and North America are also expanding rapidly, driven by incentives and infrastructure rollout.

Integration of e-axles and power electronics: Manufacturers are focusing on integrated e-axle solutions and wide-bandgap semiconductors in inverters to optimize efficiency and lower costs. These developments are critical to scaling electric vehicle powertrains across passenger and light commercial vehicles.

Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights:

https://www.mordorintelligence.com/ja/industry-reports/electric-vehicle-powertrain-market?utm_source=openpr

Market Segmentation

By Component
-Electric Motors
-Transmission / e-Axle Systems
-Power Electronics
-Battery Pack
-Thermal Management Systems
-High Voltage Cabling & Controllers

By Propulsion Type
-Battery Electric Vehicle (BEV)
-Plug-in Hybrid Electric Vehicle (PHEV)
-Fuel Cell Electric Vehicle (FCEV)

By Vehicle Class
-Passenger Cars
-Light Commercial Vehicles
-Heavy Commercial Vehicles
-Two- and Three-Wheelers
-Off-Highway Vehicles

By Voltage Architecture
-Less than or equal to 400 V Systems
-800 V Systems
-Above 800 V Systems

By Sales Channel
-OEM-Fitted Powertrains
-Aftermarket Retrofit Kits

By Geography
-North America
-South America
-Europe
-Asia-Pacific
-Middle East & Africa

Explore Our Full Library of Automotive Industry Research Reports

https://www.mordorintelligence.com/market-analysis/automotive?utm_source=openpr

Major Players

Tesla, Inc.: Tesla is a leading electric vehicle manufacturer headquartered in the United States. The company designs and produces its own electric powertrain systems, including high-energy battery packs, motors, and inverters, ensuring strong vertical integration across its vehicle lineup.

Magna International Inc.: Magna International, based in Canada, is a global automotive supplier specializing in e-powertrain technologies. It offers complete electric drive systems, e-axles, and transmission solutions for various automakers worldwide.

BorgWarner Inc.: BorgWarner, a U.S.-based company, provides advanced propulsion solutions with a strong focus on electrification. Its portfolio includes e-motors, inverters, and battery systems that support both hybrid and fully electric vehicles.

Bosch Mobility (Robert Bosch GmbH): Bosch Mobility, part of Germany's Robert Bosch GmbH, delivers integrated electric powertrain solutions. The company develops electric drive units, power electronics, and thermal management systems for global automakers.

BYD Co. Ltd.: BYD, headquartered in China, is one of the world's largest electric vehicle and battery manufacturers. It produces complete electric powertrain systems, including its own battery packs, motors, and controllers, and supplies both passenger and commercial EV markets.

Get More information about the Major Players in Electric Vehicle Powertrain Market

https://www.mordorintelligence.com/industry-reports/electric-vehicle-powertrain-market/companies?utm_source=openpr

Conclusion

The Electric Vehicle Powertrain Market is positioned for robust expansion as global automotive strategies continue to align with decarbonization and zero-emission targets. Declining battery costs, rapid adoption of 800-volt architectures, and advances in integrated systems such as e-axles and power electronics are reinforcing the market's growth trajectory

Get More insights: https://www.mordorintelligence.com/industry-reports/electric-vehicle-powertrain-market?utm_source=openpr

Industry Related Reports

Germany EV Battery Pack Market : The Germany EV Battery Pack Market is segmented across several categories, reflecting the diversity of applications and technologies in the sector. By body type, the market includes buses, light commercial vehicles (LCVs), medium and heavy-duty trucks (M&HDT), and passenger cars. In terms of propulsion, it covers both battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). Battery chemistry segmentation highlights lithium iron phosphate (LFP), nickel cobalt aluminum (NCA), nickel cobalt manganese (NCM), nickel manganese cobalt (NMC), and other formulations. Capacity is divided into ranges such as 15 kWh to 40 kWh, 40 kWh to 80 kWh, above 80 kWh, and less than 15 kWh. The market also categorizes batteries by form, including cylindrical, pouch, and prismatic designs. Manufacturing methods are segmented into laser and wire techniques, while components are classified into anode, cathode, electrolyte, and separator segments.

Get More insights: https://www.mordorintelligence.com/industry-reports/germany-ev-battery-pack-market?utm_source=openpr

North America EV Battery Pack Market: The North America EV Battery Pack Market is segmented across multiple dimensions to capture the range of applications and technologies in use. By body type, the market includes buses, light commercial vehicles (LCVs), medium and heavy-duty trucks (M&HDT), and passenger cars. Propulsion types are divided into battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). The segmentation by battery chemistry features lithium iron phosphate (LFP), nickel cobalt aluminum (NCA), nickel cobalt manganese (NCM), nickel manganese cobalt (NMC), and other variants. Capacity is categorized into ranges such as 15 kWh to 40 kWh, 40 kWh to 80 kWh, above 80 kWh, and additional classifications. Battery form covers cylindrical, pouch, and other configurations, while manufacturing methods include laser and other techniques. Components are segmented into anode, cathode, electrolyte, separator, and related parts. The market also considers material type as well as country-level segmentation across North America.

Get More insights: https://www.mordorintelligence.com/industry-reports/north-america-electric-vehicle-battery-market?utm_source=openpr

Electric Vehicle Driveline Market: The Electric Vehicle Driveline Market is segmented into several key categories that define its structure and growth. By architecture type, the market is divided into series, parallel, and power split systems. Transmission types include automatic transmission, dual-clutch transmission, and electric-continuously variable transmission. Motor types are classified into 45-100 kW, 100-250 kW, and above 250 kW ranges. Vehicle types cover hybrid vehicles, plug-in hybrid vehicles, and other variants. The market is also segmented by drive type and further analyzed across different geographic regions.

Get More insights: https://www.mordorintelligence.com/industry-reports/driveline-systems-for-electric-vehicle-market?utm_source=openpr

For any inquiries or to access the full report, please contact:

media@mordorintelligence.com
https://www.mordorintelligence.com/

Mordor Intelligence, 11th Floor, Rajapushpa Summit, Nanakramguda Rd, Financial District, Gachibowli, Hyderabad, Telangana - 500032, India

Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.

With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.

This release was published on openPR.