Electric Vehicle Transmission Market: Introduction

The automotive industry has reached at a crossroad where decisions has to be made with regards to moving forward with electric vehicles or conventional IC engine vehicles. In the present scenario, innovations in the automotive industry are more focused towards the electric vehicles than the conventional vehicle implying a future where electric vehicles will eventually phase out the other types. This factor bodes well ... Read more

According to the recent study the Electric Vehicle Transmission Market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 16% to 18% from 2023 to 2028. Growth in this market is primarily driven by growing demand for fuel-efficient and low-emission vehicles along with increase in government initiatives to boost production of ... Read more