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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Traction motors for electric vehicles are those that are propelled by the electric charge that serves as the engine's main source of propulsion.
In equipment like conveyors, roller coasters, elevators, and other engines where a certain degree of torque is necessary, electric vehicle traction motor engines are frequently employed.
In fully-hybrid and battery-electric vehicles, the traction motor for electric vehicles (EVs) is mounted (BEVs). Due to their zero emissions and great fuel economy at steadily decreasing prices, BEVs and Hybrid Electric Vehicles (HEVs) are quickly gaining ground in the worldwide car industry.
The market demand for EV traction motors has increased due to their attractive operating conditions and outstanding characteristics.
The Brazil EV Traction Motor Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The first fleet of hydrogen-powered buses used for urban public transit in Brazil is propelled by WEG motors and inverters. Geraldo Alckmin, the governor of the State of So Paulo, presented three vehicles to Metra, an urban transportation provider.
The Metra buses that run the ABD Metropolitan Bus Corridor, which connects the ABC Region to the eastern-south suburbs of the state capital, are equipped with traction systems made by WEG.
Each vehicle is equipped with a WEG Powertrain that consists of a water-cooled, AC 330 kWp Electric Traction Motor, a CFW11 T Traction Frequency Inverter, 600 A, 600 VDC, and a DC/DC Converter.
For the buses' auxiliary systems, WEG also provided motors, inverters, circuit breakers, fuses, and other electrical parts.
Brazil has seen the release of the Volkswagen Nivus Coupe SUV. At its Anchieta facility in Sao Bernardo do Campo, the company has already started producing the Nivus Coupe SUV, which is a component of Volkswagen's first entirely digital project.
The new Nivus Coupe SUV is built on the same MQB A0 platform used by the VW Group's new Polo and T-Cross small SUV. In the lineup of the corporation, it will be listed below the Volkswagen T-Cross. The Nivus Coupe SUV is equipped with leather seating, a multifunction steering wheel, a rearview camera, paddle shifters, and more.
The vehicle has a number of safety systems already installed, including six airbags, adaptive cruise control, traction control, stability control, auto emergency braking, electronic differential lock, and more.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2024 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2024 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |