The Global Electric Powertrain Market Size is said to grow by USD 760.1 billion by 2030 at a CAGR of 32.4% from USD 60.8 billion in the year 2021.The value chain for the electric drivetrain market is composed of Original Equipment Manufacturers (OEMs), Tier 2+ suppliers, Tier 1 suppliers, integrated electric chassis solution providers, and new electric vehicle startups. Steel, plastic, rubber, aluminium, aluminium alloys, nickel, lithium, and cobalt are a few of the basic elements required to make the parts of an electric powertrain.
The Global Electric Powertrain Market Size is said to grow by USD 760.1 billion by 2030 at a CAGR of 32.4% from USD 60.8 billion in the year 2021.The value chain for the electric drivetrain market is composed of Original Equipment Manufacturers (OEMs), Tier 2+ suppliers, Tier 1 suppliers, integrated electric chassis solution providers, and new electric vehicle startups. Steel, plastic, rubber, aluminium, aluminium alloys, nickel, lithium, and cobalt are a few of the basic elements required to make the parts of an electric powertrain.