Search | Mush Love Social

added article Other

2025-06-23 05:12:22 -

E-Motor JVs: LG Magna, BorgWarner and Next-Gen Powertrains

The global automotive electric motors for EV market, valued at USD 66.6 billion in 2022, is projected to skyrocket to USD 791.4 billion by 2030, supported by a remarkable 31.5% compound annual growth rate (CAGR). The growth is driven by accelerating EV sales, stringent emissions regulations, and continuous innovation in motor technology. Electric motors are essential to vehicle electrification,...

0 Comments 0 Shares 7 Views 0 Reviews