FRANCE EV TRACTION MOTOR MARKET

INTRODUCTION

Traction motors for electric vehicles are those which are driven by the electric charge which is the main driving force of the engine.

Electric vehicle traction motor engines are often used in rail cars that are driven by electricity as well as a variety of other machineries such as conveyors, roller coasters, elevators, and other engines where a certain degree of torque is needed.

Electric traction motors are used to power trains, trams, metros, and a variety of other vehicles in modern times. Electric motors have long been utilised in a wide variety of applications.

Due to growing worries over GHG emissions, electric cars will become more and more important over time. Many nations and international leaders are encouraging e-mobility to reduce carbon emissions and dependency on internal combustion engines.

FRANCE EV TRACTION MOTOR MARKET SIZE AND FORECAST

The France EV Traction Motor Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.

MARKET DYNAMICS

The Renault Group, Valeo, and Valeo Siemens eAutomotive have announced the signing of a memorandum of understanding to create strategic cooperation for the design, joint research, and French manufacturing of a new generation of automobile electric motors that do not require rare piles of earth.

In order to create an electric drivetrain system that is unmatched globally and provides greater power on less energy without the usage of rare earth, the three partners will pool their knowledge and well-acknowledged experience.

Each of the three partners will make a contribution to the creation and manufacture of the rotor and stator, the two essential components of the electric motor, as part of this cooperation.

The first companies to mass build a 200kW electric motor without utilising rare earth are the Renault Group, Valeo, and Valeo Siemens eAutomotive.

The future of the Renault plants in the Hauts-de-France area has been decided upon by an agreement between Renault Group and the representative trade unions (CFDT, CFE-CGC, CFTC, CGT, FO, and SUD).

In accordance with this agreement, Renault SAS establishes Renault ElectriCity, a legal company that is entirely owned by Renault SAS and that unites the industrial sites in Douai, Maubeuge, and Ruitz, which together employ close to 5,000 people.

Renault Group hopes to build 400,000 electric vehicles annually at these sites, making them the most competitive and effective production facility for electric vehicles in Europe.

The closeness of the Group's partners is a necessary prerequisite for success, thus Renault Group will seek to highlight the benefits of situating the battery plant project as well as other partners who are manufacturing electric car components close by.

COMPANY PROFILE

• ABB
• Alstom
• Siemens
• Bosch
• Nidec Motor Corporation
• Ametek

THIS REPORT WILL ANSWER THE FOLLOWING QUESTIONS

1. What is the average cost per France EV Traction Motor Market right now and how will it change in the next 5-6 years? 
2. The average cost to set up an EV Traction Motor Market in France?
3. How many France EV Traction Motor Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of a France EV Traction Motor Market  and key vendor selection criteria
6. Where is the France EV Traction Motor Market manufactured? What is the average margin per equipment?
7. Market share of France EV Traction Motor Market manufacturers and their upcoming products
8. The most important planned France EV Traction Motor Market  in the next 2 years
9. Details on a network of major France EV Traction Motor Market and pricing plans
10. The cost advantage for OEMs who manufacture France EV Traction Motor Market in-house
11. 5 key predictions for the next 5 years in France EV Traction Motor Market
12. Average B-2-B France EV Traction Motor Market price in all segments
13. Latest trends in France EV Traction Motor Market, by every market segment
14. The market size (both volume and value) of France EV Traction Motor Market in 2022-2027 and every year in between?
15. Global production breakup of France EV Traction Motor Market, by suppliers and their OEM relationship