Automotive in-Wheel Motors Market Registering a CAGR of 37.7% Between 2019 to 2027: Protean Electric, Elaphe, ZIEHL-ABEGG
Automotive in-wheel motors have recorded a remarkable surge in sales in recent years, influenced by multiple factors ranging from greater driving range per charge to elimination of components such as driving and differential shafts. According to a study of Future Market Insights (FMI), the automotive in-wheel motors sales will exceed 720 thousand units in 2019. Affordability of in-wheel motor in terms of power consumption relative to the traditionally employed central drive unit system will continue to uphold its preference by...
View full press release