Driving the Transition to Sustainable Transportation: A Comprehensive Analysis of the Global Electric Vehicle Motor Market Through 2032
The market for electric vehicle motors is projected to grow from its current value of US$ 8.68 billion to US$ 18.09 billion by the year 2032. With a CAGR of 8.5% between 2022 and 2032. Due to stringent government laws regarding carbon emissions, electric vehicles are being requested more and more frequently. According to the European Climate Foundation, the number of people...
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