Case Study
Tuesday, September 30
09:30 AM - 10:00 AM
Live in Berlin
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IDTechEx predicts over 140 million electric motors will be required per year by 2034 to power the electric vehicle (EV) market. This market is continuing to evolve in terms of technology, with an increased interest in rare earth-free motors, increasing power density, and efficiency, and an attempt to reduce costs. Whilst the automotive segment is the largest in the long run, according to IDTechEx’s forecasts, battery electric cars will only account for 50% of electric motor demand in on-road segments with other categories like buses, trucks, vans, two-wheelers, three-wheelers and microcars also presenting a significant opportunity, albeit with different demands. In this presentation, James aims to cover some key trends in the automotive electric motor market and then look at the demands of different on-road vehicle segments.
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