Electric Vehicle (EV) Powertrain Market

2025

2030

Global Electric Vehicle (EV) Powertrain Market – Analysis and Forecast (2025-2030)

Industry Insight by Vehicle Type (BEV, FCEV, PHEV, and MHEV), by Component (battery, power electronic controller, motor/generator, converter, transmission, on-board charger, and other components) and by Geography (U.S., Canada, Germany, U.K., France, China, Japan, India, and Rest of the World)

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Industry Overview

An electric vehicle (EV) powertrain combines an internal combustion engine (ICE) with an electric motor and a battery pack and the ICE and electric motor work in tandem to propel the vehicle. During low-demand situations, like city driving, the electric motor takes the lead, drawing power from the battery and when extra power is needed, such as during acceleration or high-speed cruising, the ICE kicks in, sometimes recharging the battery in the process. This synergy enhances fuel efficiency and reduces emissions compared to conventional vehicles. Regenerative braking further charges the battery, making EVs a more sustainable and economical option in the automotive landscape.

Electric Vehicle (EV) Powertrain Market

The Global Electric Vehicle Powertrain Market was worth USD 90.50 billion in 2023 and is expected to reach USD 234.60 billion by 2030 with a CAGR of 18.63% during the forecast period i.e., 2025-2030. Electric vehicle (EV) powertrain demand is rising due to rising environmental awareness, government incentives for green technology adoption, stringent emission regulations, advances in battery technology, and consumer demand for fuel-efficient vehicles.

Geographically, the electric vehicle powertrain market is expanding rapidly in North America, Europe, and the Asia Pacific, as a result of the stringent emissions standards, government incentives, rising environmental consciousness, robust infrastructure development, and increasing consumer preference for eco-friendly transportation solutions; however, the market confronts constraints such as high initial costs, limited charging infrastructure, range anxiety, and the need for sustainable battery disposal solutions. Overall, the global electric vehicle powertrain market offers potential prospects for market participants to develop and fulfill the growing needs of a wide range of industries including transportation, energy storage, consumer electronics and other industries.

Market Segmentation

Insight by Vehicle Type

Based on the vehicle type, the Global Electric Vehicle Powertrain Market is segmented into BEV, FCEV, PHEV, and MHEV. BEV dominated the global electric vehicle powertrain market due to its zero-emission nature and advancing battery technology. Companies like Tesla have been instrumental in this dominance and its gigafactories worldwide, particularly in Nevada and Shanghai, are pioneering large-scale battery production, reducing costs, and increasing accessibility. Additionally, legacy automakers such as Ford and Volkswagen are committing significant investments to transition to BEVs. Moreover, governments globally are incentivizing BEVs through subsidies and stricter emissions standards, further propelling their dominance in the electric vehicle powertrain market.

Insight by Component

On the basis of components, the Global Electric Vehicle Powertrain Market is segmented into battery, power electronic controller, motor/generator, converter, transmission, onboard charger, and other components. Motor/generator segment dominated the global electric vehicle powertrain market as it is the heart of electric vehicles. Companies like Siemens and ABB are leaders in providing advanced electric motors for EVs and Siemens' motor plant in North Carolina is a prime example, producing high-efficiency motors for various electric vehicle types. Partnerships between leading players and EV makers such as ABB's partnership with Volvo to supply electric drivetrains, underline the significance of this segment. Investments from major automakers like General Motors, dedicating over $2 billion to transition to electric drivetrains, highlight the focus on motor technology and support the dominant share of the segment in the global electric vehicle powertrain market.

Global Electric Vehicle (EV) Powertrain Market Report Coverage

Report Metric	Details
Historical Period	2018 - 2023
Base Year Considered	2024
Forecast Period	2025 - 2030
Market Size in 2023	U.S.D. 90.50 Billion
Revenue Forecast in 2030	U.S.D. 234.60 Billion
Growth Rate	18.3%
Segments Covered in the Report	By Vehicle Type and By Component
Report Scope	Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling
Regions Covered in the Report	North America, Europe, Asia-Pacific, Middle East, and Rest of the World

Industry Dynamics

Growth Drivers

Favorable government regulations and incentives

Government regulations and incentives are a major driver for the growth of the global electric vehicle (EV) powertrain market. For instance, countries like Norway offer substantial incentives for EV adoption, leading to a high percentage of EVs in their automotive market. Similarly, the European Union has set ambitious emissions targets, compelling automakers to accelerate their EV production plans. Partnerships among automakers such as Ford's collaboration with Volkswagen to develop electric vehicles and charging infrastructure demonstrate the industry's commitment to meet regulatory demands. These regulations and incentives create a conducive environment for investments in EV technology, manufacturing plants and product launches propelling the growth of the global EV powertrain market.

Advancements in the battery technology

Advancements in battery technology is a pivotal driver for the Global Electric Vehicle (EV) Powertrain Market. Breakthroughs in battery chemistry and energy density, led by companies such as Panasonic and LG Chem, are enabling EVs to achieve longer ranges and faster charging times. Tesla's Gigafactory in Berlin, for instance, is set to produce high-performance battery cells, enhancing the capabilities of their EV lineup. Additionally, partnerships such as Rivian's with Amazon to develop an electric delivery van showcase the transformative potential of cutting-edge battery tech. These innovations are key in overcoming range anxiety and accelerating the adoption of EVs around the world.

Challenge

Lack of charging infrastructure

One major challenge for the growth of the Global Electric Vehicle (EV) Powertrain Market is the limited charging infrastructure. While EV adoption is increasing, the availability of convenient and widespread charging stations lag. This can lead to "range anxiety" among potential buyers, worrying about running out of power during long journeys. Governments and private entities are working to address this issue, investing in charging networks, but the pace of development varies by region. A robust and easily accessible charging infrastructure is crucial for the mass adoption of EVs and to alleviate concerns about range limitations for consumers.

Geographic Overview

North America
Europe
Asia Pacific (APAC)
Latin America
Middle East and Africa (MEA)

The global electric vehicle powertrain market is segmented into North America, Europe, the Asia-Pacific, Latin America and the Middle East and Africa region. The global electric vehicle powertrain market was dominated by the Asia-Pacific in 2023 due to several key factors. Firstly, it hosts major EV manufacturers like Nissan, Toyota, and BYD, leveraging their established infrastructure and expertise. Additionally, government initiatives in countries like China, Japan, and South Korea offer substantial incentives for EV adoption, driving demand. For instance, China's New Energy Vehicle (NEV) credit system encourages automakers to produce and sell more electric vehicles. Moreover, investments in advanced battery technology by companies like CATL and Panasonic further bolster the region's leadership. The convergence of manufacturing prowess, favorable policies, and technological innovation solidifies Asia-Pacific's dominance in the EV powertrain market.

Competitive Insight

Robert Bosch GmbH holds a prominent position in the global electric vehicle (EV) powertrain market, has strategically invested in EV-related initiatives. The company has established partnerships with industry leaders like Volkswagen, providing powertrain components for VW's ID.3 and ID.4 electric models. It also operates production plants for EV components, showcasing its commitment to the electrification sector. Notably, they've developed advanced power electronics and electric motors, crucial elements in EV powertrains.

Siemens plays a crucial role in the global electric vehicle (EV) powertrain market with its advanced electric motor technology. The company has established itself as a leading provider of high-efficiency motors for various vehicle types and Siemens' North Carolina plant exemplifies their commitment, producing motors that are instrumental in driving the electrification of transportation. Their partnership with Volkswagen, supplying electric drivetrains for VW's e-Golf model, showcases their significance in powering EVs. Siemens' investments in R&D and manufacturing facilities demonstrate their pivotal position in advancing powertrain technology, contributing significantly to the growth of the global electric vehicle powertrain market.

Recent Development by Key Players

Bosch has started the production of new powertrain solutions based on 800-volt technology which will make recharging faster and provide a further boost for electromobility. The 800-volt version of the inverter is based on silicon carbide semiconductors that increases efficiency and range. Bosch has increased the power density in the 800-volt variant of the electric motor that reduces weight and allows for a more compact design.

Hofer Powertrain, a German powertrain tech firm has launched the advanced EV battery technology, the 'ULTEVATE Ultra' battery module. This technology is used for rapid charging that can enable a state of charge of 5-85 percent in five minutes and to 100 percent in eight minutes. It generates low heat and does not require active cooling despite its high charging power which is the main advantage.

Key Players Covered in the Report

Tesla, Panasonic, LG Chem, BYD, CATL, Siemens, ABB, Continental AG, ZF Friedrichshafen AG, Magna International, Hitachi Automotive Systems, BorgWarner, Denso Corporation, Valeo, Delphi Automotive, Hopper Powertrain, GKN Automotive, Toshiba, Robert Bosch GmbH, and Johnson Electric.

The Electric vehicle (EV) powertrain market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.

Segments Covered in the Report

By Vehicle Type
- BEV
- FCEV
- PHEV
- MHEV
By Component
- Battery
- Power Electronic Controller
- Motor/Generator
- Converter
- Transmission
- On-board charger
- Other Components

Geographical Segmentation

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
Asia-Pacific (APAC)
- China
- Japan
- Vietnam
- India
- South Korea
- Rest of Asia-Pacific
Middle East and Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
Latin America
- Argentina
- Brazil
- Chile
- Rest of LATAM

Primary Research Interviews Breakdown

France Skincare Devices Market Size

1. Research Overview

1.1. The Report Offers
1.2. Market Coverage
1.2.1. By Vehicle Type
1.2.2. By Component
1.2.3. By Region
1.3. Research Phases
1.4. Limitations
1.5. Market Methodology
1.5.1. Data Sources
1.5.1.1. Primary Research
1.5.1.2. Secondary Research
1.5.2. Methodology
1.5.2.1. Data Exploration
1.5.2.2. Forecast Parameters
1.5.2.3. Data Validation
1.5.2.4. Assumptions
1.5.3. Study Period & Data Reporting Unit

2. Executive Summary

3. Industry Overview

3.1. Industry Dynamics
3.1.1. Market Growth Drivers
3.1.2. Market Restraints
3.1.3. Key Market Trends
3.1.4. Major Opportunities
3.2. Industry Ecosystem
3.2.1. Porter’s Five Forces Analysis
3.2.2. Recent Development Analysis
3.2.3. Value Chain Analysis
3.3. Competitive Insight
3.3.1. Competitive Position of Industry Players
3.3.2. Market Attractive Analysis
3.3.3. Market Share Analysis

4. Global Market Estimate and Forecast

4.1. Global Market Overview
4.2. Global Market Estimate and Forecast to 2030

5. Market Segmentation Estimate and Forecast

5.1. By Vehicle Type
5.1.1. BEV
5.1.1.1. Market Definition
5.1.1.2. Market Estimation and Forecast to 2030
5.1.2. FCEV
5.1.2.1. Market Definition
5.1.2.2. Market Estimation and Forecast to 2030
5.1.3.   PHEV
5.1.3.1. Market Definition
5.1.3.2. Market Estimation and Forecast to 2030
5.1.4. MHEV
5.1.4.1. Market Definition
5.1.4.2. Market Estimation and Forecast to 2030
5.2. By Component
5.2.1.   Battery
  5.2.1.1. Market Definition
5.2.1.2. Market Estimation and Forecast to 2030
5.2.2. Power Electronic Controller
5.2.2.1. Market Definition
5.2.2.2. Market Estimation and Forecast to 2030
5.2.3. Motor/Generator
5.2.3.1. Market Definition
5.2.3.2. Market Estimation and Forecast to 2030
       5.2.4. Converter
5.2.4.1. Market Definition
5.2.4.2. Market Estimation and Forecast to 2030
       5.2.5. Transmission
5.2.5.1. Market Definition
5.2.5.2. Market Estimation and Forecast to 2030
       5.2.6. On-Board Charger
5.2.6.1. Market Definition
5.2.6.2. Market Estimation and Forecast to 2030
6. North America Market Estimate and Forecast

6.1. By Vehicle Type
6.2. By Component
6.3. By Country
6.3.1. U.S. Market Estimate and Forecast
6.3.2. Canada Market Estimate and Forecast
6.3.3. Mexico Market Estimate and Forecast

7. Europe Market Estimate and Forecast

7.1. By Vehicle Type
7.2. By Component
7.3. By Country
7.3.1. Germany Market Estimate and Forecast
7.3.2. France Market Estimate and Forecast
7.3.3. U.K. Market Estimate and Forecast
7.3.4. Italy Market Estimate and Forecast
7.3.5. Spain Market Estimate and Forecast
7.3.6. Rest of Europe Market Estimate and Forecast

8. Asia-Pacific Market Estimate and Forecast

8.1. By Vehicle Type
8.2. By Component
8.3. By Country
8.3.1. China Market Estimate and Forecast
8.3.2. Japan Market Estimate and Forecast
8.3.3. India Market Estimate and Forecast
8.3.4. South Korea Market Estimate and Forecast
8.3.5. Singapore Market Estimate and Forecast
8.3.6. Rest of Asia-Pacific Market Estimate and Forecast

9. Rest of the World (RoW) Market Estimate and Forecast

9.1. By Vehicle Type
9.2. By Component
9.3. By Country
9.3.1. Brazil Market Estimate and Forecast
9.3.2. Saudi Arabia Market Estimate and Forecast
9.3.3. South Africa Market Estimate and Forecast
9.3.4. Other Countries Market Estimate and Forecast

10. Company Profiles

10.1. Tesla
   10.1.1. Snapshot
10.1.2. Overview
10.1.3. Offerings
10.1.4. Financial Insight
10.1.5. Recent Developments
10.2. Panasonic
10.2.1. Snapshot
10.2.2. Overview
10.2.3. Offerings
10.2.4. Financial Insight
10.2.5. Recent Developments
10.3. LG Chem
10.3.1. Snapshot
10.3.2. Overview
10.3.3. Offerings
10.3.4. Financial Insight
10.3.5. Recent Developments
10.4. BYD
10.4.1. Snapshot
10.4.2. Overview
10.4.3. Offerings
10.4.4. Financial Insight
10.4.5. Recent Developments
10.5. CATL
10.5.1. Snapshot
10.5.2. Overview
10.5.3. Offerings
10.5.4. Financial Insight
10.5.5. Recent Developments
10.6. Bosch
10.6.1. Snapshot
10.6.2. Overview
10.6.3. Offerings
10.6.4. Financial Insight
10.6.5. Recent Developments
10.7 Siemens
10.7.1. Snapshot
10.7.2. Overview
10.7.3. Offerings
10.7.4. Financial Insight
10.7.5. Recent Developments
10. ABB
10.8.1. Snapshot
10.8.2. Overview
10.8.3. Offerings
10.8.4. Financial Insight
10.8.5. Recent Developments
10.9. Continental AG
10.9.1. Snapshot
10.9.2. Overview
10.9.3. Offerings
10.9.4. Financial Insight
10.9.5. Recent Developments
10.10. ZF Friedrichshafen AG
10.10.1. Snapshot
10.10.2. Overview
10.10.3. Offerings
10.10.4. Financial Insight
10.10.5. Recent Developments
   10.11.  Magna International
10.11.1. Snapshot
10.11.2. Overview
10.11.3. Offerings
10.11.4. Financial Insight
10.11.5. Recent Developments
   10.12   Hitachi Automotive Systems
10.12.1. Snapshot
10.12.2. Overview
10.12.3. Offerings
10.12.4. Financial Insight
10.12.5. Recent Developments
   10.13.  BorgWarner
10.13.1. Snapshot
10.13.2. Overview
10.13.3. Offerings
10.13.4. Financial Insight
10.13.5. Recent Developments
   10.14   Denso Corporation
10.14.1. Snapshot
10.14.2. Overview
10.14.3. Offerings
10.14.4. Financial Insight
10.14.5. Recent Developments
   10.15.   Valeo
10.15.1. Snapshot
10.15.2. Overview
10.15.3. Offerings
10.15.4. Financial Insight
10.15.5. Recent Developments
   10.16.  Delphi Automotive
10.16.1. Snapshot
10.16.2. Overview
10.16.3. Offerings
10.16.4. Financial Insight
10.16.5. Recent Developments
   10.17.  GKN Automotive
10.17.1. Snapshot
10.17.2. Overview
10.17.3. Offerings
10.17.4. Financial Insight
10.17.5. Recent Developments
   10.18.   Toshiba
10.18.1. Snapshot
10.18.2. Overview
10.18.3. Offerings
10.18.4. Financial Insight
10.18.5. Recent Developments
   10.19.  Robert Bosch GmbH
10.19.1. Snapshot
10.19.2. Overview
10.19.3. Offerings
10.19.4. Financial Insight
10.19.5. Recent Developments
   10.20.  Johnson Electric
10.20.1. Snapshot
10.20.2. Overview
10.20.3. Offerings
10.20.4. Financial Insight
10.20.5. Recent Developments
11. Appendix

11.1. Exchange Rates
11.2. Abbreviations

Note: Financial insight and recent developments of different companies are subject to availability of information in secondary domain.

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Electric Vehicle (EV) Powertrain Market Size, by Vehicle Type,2018–2023 (USD Billion)
Table 5 Global Electric Vehicle (EV) Powertrain Market Size, by Vehicle Type, 2025–2030 (USD Billion)
Table 6 Global Electric Vehicle (EV) Powertrain Market Size, by Component, 2018–2023 (USD Billion)
Table 7 Global Electric Vehicle (EV) Powertrain Market Size, by Component, 2025–2030 (USD Billion)
Table 10 Global Electric Vehicle (EV) Powertrain Market Size, by Region, 2018–2023 (USD Billion)
Table 11 Global Electric Vehicle (EV) Powertrain Market Size, by Region, 2025–2030 (USD Billion)
Table 12 North America Electric Vehicle (EV) Powertrain Market Size, by Vehicle Type, 2018–2023 (USD Billion)
Table 13 North America Electric Vehicle (EV) Powertrain Market Size, by Vehicle Type, 2025–2030 (USD Billion)
Table 14 North America Electric Vehicle (EV) Powertrain Market Size, by Component, 2018 - 2030 (USD Mn)
Table 15 North America Electric Vehicle (EV) Powertrain Market Size, by Component, 2025 - 2030 (USD Mn)
Table 18 North America Electric Vehicle (EV) Powertrain Market Size, by Country, 2018–2023 (USD Billion)
Table 19 North America Electric Vehicle (EV) Powertrain Market Size, by Country, 2025–2030 (USD Billion)
Table 20 Europe Electric Vehicle (EV) Powertrain Market Size, by Vehicle Type, 2018–2023 (USD Billion)
Table 21 Europe Electric Vehicle (EV) Powertrain Market Size, by Vehicle Type, 2025–2030 (USD Billion)
Table 22 Europe Electric Vehicle (EV) Powertrain Market Size, by Component, 2018–2023 (USD Billion)
Table 23 Europe Electric Vehicle (EV) Powertrain Market Size, by Component, 2025–2030 (USD Billion)
Table 26 Europe Electric Vehicle (EV) Powertrain Market Size, by Country, 2018–2023 (USD Billion)
Table 27 Europe Electric Vehicle (EV) Powertrain Market Size, by Country, 2025–2030 (USD Billion)
Table 28 Asia-Pacific Electric Vehicle (EV) Powertrain Market Size, by Vehicle Type, 2018–2023 (USD Billion)
Table 29 Asia-Pacific Electric Vehicle (EV) Powertrain Market Size, by Vehicle Type, 2025–2030 (USD Billion)
Table 30 Asia-Pacific Electric Vehicle (EV) Powertrain Market Size, by 2018–2023 (USD Billion)
Table 31 Asia-Pacific Electric Vehicle (EV) Powertrain Market Size, by Component, 2025 - 2030 (USD Billion)
Table 34 Asia-Pacific Electric Vehicle (EV) Powertrain Market Size, by Country, 2018–2023 (USD Billion)
Table 35 Asia-Pacific Electric Vehicle (EV) Powertrain Market Size, by Country, 2025–2030 (USD Billion)
Table 36 RoW Electric Vehicle (EV) Powertrain Market Size, by Vehicle Type, 2018–2023 (USD Billion)
Table 37 RoW Electric Vehicle (EV) Powertrain Market Size, by Vehicle Type, 2025–2030 (USD Billion)
Table 38 RoW Electric Vehicle (EV) Powertrain Market Size, by Component, 2018–2023 (USD Billion)
Table 39 RoW Electric Vehicle (EV) Powertrain Market Size, by Component, 2025–2030 (USD Billion)
Table 42 RoW Electric Vehicle (EV) Powertrain Market Size, by Country, 2018–2023 (USD Billion)
Table 43 RoW Electric Vehicle (EV) Powertrain Market Size, by Country, 2025–2030 (USD Billion)
Table 44 Snapshot – Tesla
Table 45 Snapshot – Panasonic
Table 46 Snapshot – LG Chem
Table 47 Snapshot – BYD
Table 48 Snapshot – CATL
Table 49 Snapshot – Bosch
Table 50 Snapshot – Siemens
Table 51 Snapshot – ABB
Table 52 Snapshot – Continental AG
Table 53 Snapshot – ZF Friedrichshafen AG
Table 54 Snapshot – Magna International
Table 55 Snapshot – Hitachi Automotive Systems
Table 56 Snapshot – BorgWarner
Table 57 Snapshot – Denso Corporation
Table 58 Snapshot – Valeo
Table 59 Snapshot – Delphi Automotive
Table 60 Snapshot – GKN Automotive
Table 61 Snapshot – Toshiba
Table 62 Snapshot – Robert Bosch GmbH
Table 63 Snapshot – Johnson Electric

List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Electric Vehicle (EV) Powertrain Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Electric Vehicle (EV) Powertrain Market Highlight
Figure 12 Global Electric Vehicle (EV) Powertrain Market Size, by Vehicle Type, 2018 - 2030 (USD Billion)
Figure 13 Global Electric Vehicle (EV) Powertrain Market Size, by Component, 2018 - 2030 (USD Billion)
Figure 15 Global Electric Vehicle (EV) Powertrain Market Size, by Region, 2018 - 2030 (USD Billion)
Figure 16 North America Electric Vehicle (EV) Powertrain Market Highlight
Figure 17 North America Electric Vehicle (EV) Powertrain Market Size, by Vehicle Type, 2018 - 2030 (USD Billion)
Figure 18 North America Electric Vehicle (EV) Powertrain Market Size, by Component, 2018 - 2030 (USD Billion)
Figure 20 North America Electric Vehicle (EV) Powertrain Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 21 Europe Electric Vehicle (EV) Powertrain Market Highlight
Figure 22 Europe Electric Vehicle (EV) Powertrain Market Size, by Vehicle Type, 2018 - 2030 (USD Billion)
Figure 23 Europe Electric Vehicle (EV) Powertrain Market Size, by Component, 2018 - 2030 (USD Billion)
Figure 25 Europe Electric Vehicle (EV) Powertrain Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 26 Asia-Pacific Electric Vehicle (EV) Powertrain Market Highlight
Figure 27 Asia-Pacific Electric Vehicle (EV) Powertrain Market Size, by Vehicle Type, 2018 - 2030 (USD Billion)
Figure 28 Asia-Pacific Electric Vehicle (EV) Powertrain Market Size, by Component, 2018 - 2030 (USD Billion)
Figure 30 Asia-Pacific Electric Vehicle (EV) Powertrain Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 31 RoW Electric Vehicle (EV) Powertrain Market Highlight
Figure 32 RoW Electric Vehicle (EV) Powertrain Market Size, by Vehicle Type, 2018 - 2030 (USD Billion)
Figure 33 RoW Electric Vehicle (EV) Powertrain Market Size, by Component, 2018 - 2030 (USD Billion)
Figure 35 RoW Electric Vehicle (EV) Powertrain Market Size, by Country, 2018 - 2030 (USD Billion)

Electric Vehicle (EV) Powertrain Market

Global Electric Vehicle (EV) Powertrain Market – Analysis and Forecast (2025-2030)

Industry Insight by Vehicle Type (BEV, FCEV, PHEV, and MHEV), by Component (battery, power electronic controller, motor/generator, converter, transmission, on-board charger, and other components) and by Geography (U.S., Canada, Germany, U.K., France, China, Japan, India, and Rest of the World)

Global Electric Vehicle (EV) Powertrain Market Report Coverage

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