Automotive Electric Motors Driving Powertrain Electrification

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2026-08-18 09:20:02 -

The automotive industry is experiencing a fundamental shift toward electrification, with automotive electric motors serving as the enabling technology for this transformation. According to Market Research Future, the Automotive Traction Motor Market was valued at USD 18.68 billion in 2024 and is projected to reach USD 38.49 billion by 2035, registering a CAGR of 6.79% during the...

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