Canada EV Tire Market 2023-2030

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    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.


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    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, Kia’s 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 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 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.





    1. What is the average selling price in the Canada EV Tire Market right now and how will it change in the next 5-6 years? 
    2. Market share of Canada EV Tire Market manufacturers and their upcoming products
    3. Cost advantage for OEMs who manufacture Canada EV Tire Market in-house.
    4. 5 key predictions for next 5 years in Canada EV Tire Market
    5. Latest trends in Canada EV Tire Market, by every market segment
    6. The market size (both volume and value) of Canada EV Tire Market in 2023-2030 and every year in between
    7. Global production breakup of Canada EV Tire Market, by suppliers and their OEM relationship
    8. What is happening overall in the Canada EV Tire Market.
    9. Who are the major players in the Canada EV Tire Market.
    10. What are the business opportunities in the Canada EV Tire Market?
    11. What is the target group ?
    12. What are the strategies for the Canada EV Tire Market in the next 5 years?
    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, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    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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