The car business has reached an intersection where choices must be made concerning pushing ahead with electric vehicles or customary IC motor vehicles. In the current situation, advancements in the car business are more engaged towards the electric vehicles than the customary vehicle suggesting a future where electric vehicles will ultimately get rid of different kinds.
Electric Vehicle Transmission Market: Dynamics
The restrictions related to the electric vehicle market are bounty and numerous which can have a cascading type of influence on the electric vehicles transmissions market too. The offer of electric vehicles indeed decides the strength of the electric vehicles transmission market. Subsequently, the issues related to electric vehicles like excessive cost, inferior execution, travel range tension, and absence of charging framework, among others, can hamper the development of the electric vehicles transmission market.
Electric Vehicle Transmission Market: Key Participants
• Oerlikon Graziano SpA
• ZF Friedrichshafen AG
• Allison Transmission Inc.
• Eaton Corporation Plc
• Magna International (Getrag)
• GKN Plc
• BorgWarner Inc.
• Xtrac Ltd.
• Drive System Design Ltd.
• Mainland AG
• Hitachi Automotive Systems, Ltd.