Electric Vehicle Motor Market Size Reaches USD 41.57 Billion: Industry Overview & Forecast ({2029})
The global electric vehicle (EV) motor market is poised for substantial growth, driven by increasing environmental concerns, technological advancements, and supportive government policies. According to a report by TechSci Research, the market stood at USD 41.57 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 7.74% during the forecast period of… Read More »
