A new report forecasts that the global market for electric drive motors in light-duty vehicles will grow from just under US$1bn in annual revenue in 2013 to more than US$2.8bn in 2020, representing a compound annual growth rate (CAGR) of 16.6%. Unit motor sales are forecast to reach 3.7 million Subscribe to Automotive World to … Continued
A new report forecasts that the global market for electric drive motors in light-duty vehicles will grow from just under US$1bn in annual revenue in 2013 to more than US$2.8bn in 2020, representing a compound annual growth rate (CAGR) of 16.6%. Unit motor sales are forecast to reach 3.7 million
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https://www.automotiveworld.com/articles/ev-drive-motor-market-set-for-steady-growth-through-2020/
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