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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
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.
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.
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.
| 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, 2023 |
| 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, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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