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Last Updated: Apr 26, 2025 | Study Period: 2024-2030
The move to rechargeable batteries powered mobility alters automobiles and tractors in even more respects than one. The tyres, too, must undergo substantial improvements. Electric engines offer greater horsepower than internal-combustion engines, despite having additional support due to all the batteries, he claimed.
Torsion is indeed the bending force that propels an automobile forward from a stop. Induction motor, for example, are used in underground carriages to fast accelerate a load of weight over short ranges across stations. Michelin as well as other tyre producers created as well as continuing to modify so-called reduced tyres to meet the needs of EVs with combinations.
| S No | Overview of Development | Development Detailing | Region of Development | Possible Future Outcomes |
| 1 | Michelin announces Pilot Sport EV tires specifically designed for electric sports vehicles | The Michelin Pilot Sport EV is the company's first tyre designed specifically for electric cars (EVs). | Canada | This would enhance better Technological Controls |
| 2 | Canadian Tire to install EV charging stations at 90 retail stores | In a collaboration with Tesla, Canadian Tire plans to install roughly 300 electric vehicle (EV) charging stations at 90 of its retail stores across Canada by the end of the year. | Canada | This would enhance better Technological Controls |
| 3 | Nexen Tire to supply OE tires for the EV6, Kiaâs first pure electric vehicle | Nexen Tire, a major worldwide tyre manufacturer, has been chosen as the original equipment supplier for Kia's first electric vehicle, the EV6. | Canada | This would enhance better Technological Controls |
| 4 | The humble tire goes high-tech for EVs | The simple tyre is getting high-tech for a new wave of electrified and more driverless automobiles. | Canada | This would enhance better Technological Controls |
| 5 | Goodyear introduces ElectricDrive GT EV-specific replacement tire for Model Y | The ElectricDrive GT from Goodyear is an ultra-high performance, all-season tyre designed to last a long time while providing the quiet ride that EV drivers expect. | Canada | This would enhance better Technological Controls |
The Canada EV Tire 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 change of transportation as designers understand it is being driven by powered mobility and minimal hybridization autos. Therefore indicates it's necessary to study as much about the elevated tyres which will maintain vehicles moving towards an era without emissions.
Although designers shouldn't need to come up with something new, designers also need to concentrate on key components of the tyre to guarantee that electric automobiles work well. Tire-related needs might range from minimal to severe, dependent upon that car technology.
Continental Technologies is a leading mobiliser of the latest requirement of EV tires focusing on better powered mobility movement technology of mobilisation in the market. It has brought in tyre innovation Conti Silent is indeed a noise-reducing tyre innovation that reduces interior disturbance across all pavement surface, resulting in increased enjoyment.
Dependent on the kind of automobile, velocity, as well as road conditions, Conti Silent can assist reduce internal vehicular noises by up to 9 decibels (A). It is indeed interoperable including all frequently available rims and therefore is accessible again for Eco Contact 6.
Michelin is part of the component manufacture trending companies in the current industry. The Michelin Pilot Sport EV tyres, including its Formula E motorsport background, provides excellent performance with such a 15% improvement in bending rigidity sometimes at high velocities.
Electric Grip Compounds with such a higher strength central contour for optimal high - speed applications provides long-lasting damp gripping. Throughout the summertime, make the most of the elevated electric car. This has a Green Power Composite upon that sides that delivers high performance as well as a narrower upper belting with a little less raw resources coupled to boost battery capacity.
| 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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