CANADA EV DRIVE MODULE MARKET
INTRODUCTION TO CANADA EV DRIVE MODULE MARKET
In order to achieve synergy benefits, the electric drive module unites the next-generation separate motor-generator and power electronics into a single system.
In order to be attached to the electric motor, the new power electronics have been carefully designed. In (plug-in) hybrid and electric vehicles, the module functions as an electric powertrain.
It is possible to conserve parts and pricey connection cables by combining the power electronics and electric motor into a single powertrain unit. The system’s performance can be modified to accommodate various vehicle types and payloads.
CANADA EV DRIVE MODULE MARKET SIZE AND FORECAST
The Canada EV Drive Module 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.
CANADA EV DRIVE MODULE MARKET DYNAMICS
Ingersoll, Ontario will soon be home to Canada’s first large-scale manufacturing facility for electric vehicles, according to GM Canada’s announcement. A third production shift and the addition of light-duty pickup production to the Oshawa Assembly facility were also announced by GM Canada.
These new EVs will be built on the Ultium Platform, which includes propulsion elements like battery cells, modules, packs, Ultium Drive units, EV motors, and integrated power electronics that can be customised to meet the needs of various vehicles, including crossovers, pickup trucks, and delivery vans.
Stellantis N.V. and LG Energy Solution (LGES) announced that they had signed legally binding contracts to build Canada’s first large-scale domestic plant for the production of electric car batteries.
The joint venture company will manufacture cutting edge lithium-ion battery cells and modules to fulfil a sizable amount of Stellantis’ North American vehicle production needs.
CANADA EV DRIVE MODULE MARKET COMPANY PROFILE
- Tesla Inc
- Nissan Motor Co., Ltd
- BorgWarner Inc
- Continental AG
- Magna International, Inc
- GKN Driveline
- Robert Bosch GmbH
- Siemens AG
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS OF CANADA EV DRIVE MODULE MARKET
- What is the average cost per Canada EV Drive Module Market right now and how will it change in the next 5-6 years?
- Average cost to set up an EV Drive Module Market in Canada?
- How many Canada EV Drive Module Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
- What is happening in the overall public, globally?
- Cost breakup of a Canada EV Drive Module Market and key vendor selection criteria
- Where is the Canada EV Drive Module Market manufactured? What is the average margin per equipment?
- Market share of Canada EV Drive Module Market manufacturers and their upcoming products
- The most important planned Canada EV Drive Module Market in next 2 years
- Details on network of major Canada EV Drive Module Market and pricing plans
- Cost advantage for OEMs who manufacture Canada EV Drive Module Market in-house
- 5 key predictions for next 5 years in Canada EV Drive Module Market
- Average B-2-B Canada EV Drive Module Market price in all segments
- Latest trends in Canada EV Drive Module Market, by every market segment
- The market size (both volume and value) of Canada EV Drive Module Market in 2024-2030 and every year in between?
- Global production breakup of Canada EV Drive Module Market, by suppliers and their OEM relationship
