Innovative Solutions Drive Transformation Across the Electric Powertrain Market
Market Overview The electric powertrain market size was valued at USD 110.01 billion in 2024. The market is projected to grow from USD 126.66 billion in 2025 to USD 463.49 billion by 2034, exhibiting a CAGR of 15.5% during the forecast period. Increasing adoption of battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and hybrid electric vehicles (HEVs) is a key factor...
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