Global In-Wheel Motor Market for Electric Vehicles 2024-2030

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    Number of pages - 75  

    IN-WHEEL MOTOR MARKET FOR ELECTRIC VEHICLES 

     

    INTRODUCTION

     

    In-wheel motors are mounted on those components of a vehicle which take the most amount of abuse in everyday condition, “the wheels”. The use of in-wheel motors in an EV can provide a lot of flexibility to vehicle designers, allowing reduced weight and improved acceleration.

     

    It also means, designers can devise new crash structure architecture with proportionally distributed weight. Unlike today, where most of the FWD (Front wheel Drive) passenger cars have a 60:40 front- rear weight distribution.

     

    MARKET DYNAMICS

     

    Putting an in-wheel motor can simplify the mechanics, provide more space for passengers and cargo, and precise steering output. But, this improvement also eliminates multiple driveline components like transmission, full- length driveshaft and differential. This is a very grave issue for conventional auto component suppliers who have sold mechanical driveline components and sub-components for multiple decades.

     

    MARKET SEGMENTATION

     

    in-wheel motors for electric vehicles market, https://mobilityforesights.com/wp-content/uploads/2019/08/Market-Segmentation-Global-In-wheel-Motor-Market segmentation by power, geography, application

    MARKET SIZE AND FORECAST

     

    Every car OEM wants to deliver a superior and reliable product to its customers. There is unanimous thought among OEMs, that a centralized or even front and rear axle mounted power train is a better alternative than in-wheel motor option. But, none of them have ruled out this technology.

     

    They believe, in-wheel motor technology can be truly beneficial in L3 and L4 automated vehicles. Most of them want to see how it plays out for the other. So, far we have seen in-wheel motor in concept vehicles but many of those vehicles don`t make it to production.

     

    Many reports claim that the market growth of in-wheel motor market will be proportional to electric vehicle growth. Our research contradicts that and we don`t find any substance in that claim.Our reasoning behind that is, there were about ~1.2 Million passenger BEVs sold globally in 2018 and not a single EV model had an in-wheel motor powering the wheels.

     

    China accounts for 50% of global EV demand and the top 10 best-selling EVs in China are low speed vehicles belonging to Chinese brands. They cater to budget segment and cost less than $15K. Putting an in-wheel motor in low speed vehicles is just not feasible due to incremental cost and complexities involved.

     

    Is anyone using in-wheel motor yet?

     

    BYD is extensively using this technology in all its electric buses.

     

    In US and Europe the best selling BEV is Nissan leaf and Renault ZOE respectively. The architecture belongs to Renault Nissan Group and is shared among them,it has just one single motor. Other best sellers in Europe include Volkswagen E-Golf , BMW i3 and Tesla Model S. Apart from Tesla Model S which has dual motors, rest all have just one electric motor. Among plug in-hybrids ,almost all have just one electric motor.

     

    The first in-wheel motors will make its debut in China in an EV startup and Protean Electric will be the first supplier. Now, the question is why is there a buzz about in-wheel motors?

     

    We believe, now that in-wheel motors are being used in many electric buses, it could be followed by performance oriented EVs and later on in L3 ,L4 automated vehicles. They will be a part of  the high -priced niche electric vehicle segment where lower weight and brisk acceleration makes a significant amount of difference to their buyers.

     

    The M division of BMW, RS of Audi, AMG of Mercedes and N of Hyundai could be the early adopters in terms of testing this technology.Otherwise, it will be just a few startups from China.

     

    NEW PRODUCT LAUNCH

     

    Two new passenger vehicles driven by ProteanDrive Pd18 in-wheel motors have been launched by the Chinese company Dongfeng Motor (DFM). At a ceremony hosted in Wuxi by DFM and Weifu Electric Drive Technology (WFDT), a partnership between Weifu and Protean Electric, the two models were on display.

     

    The E70, the first fully homologated passenger car in the world with ProteanDrive, and the Voyah Zhuiguang, a luxury sedan constructed on a new vehicle chassis with in-wheel motors, were both unveiled during the event.

     

    One of the most popular passenger cars in China is the battery-electric Dongfeng Fengshen E70. The 4WD version’s rear wheels are driven by two ProteanDrive Pd18 in-wheel motors, while the front wheels are propelled by an inherited central motor. Peak power for each Pd18 is 78 kW.

     

    With few design changes and a quick development cycle, ProteanDrive Pd18 in-wheel motors combined with the E70 chassis produce a high-performing all-wheel drive option.

     

    The E70 with ProteanDrive is lighter and more efficient than an all-wheel drive vehicle with e-axles, according to DFM, with a 50% increase in storage capacity and a 42% decrease in 0-100 km/h acceleration time.

     

    The addition of the ProteanDrive system has also made torque vectoring possible, resulting in an 18% increase in cornering speed in difficult driving situations, as well as an improvement in the dynamics, manoeuvrability, and active safety, all while removing 83 parts from the car.

     

    DFM oversaw the development of the vehicle and completed the comprehensive MIIT (Ministry of Industry and Information Technology) homologation, which included the successful completion of crash impact, mud, salt spray, high and low temperature, icing, winter, and accelerated durability testing.

     

    The E70 was the first passenger vehicle powered by in-wheel motors and was successfully homologated by DFM. In-depth fleet trials, which will include a drive from Wuhan to Wuxi, will now be carried out on the initial batch of vehicles. 

     

    The in-wheel system, which allows the motor to directly control each wheel, has been successfully developed, according to Hyundai Mobis.

     

    Hyundai Mobis has internally developed the core technologies for the in-wheel system, including the controller and drive motor. The most recent technology, the in-wheel system, has never been mass-produced anywhere in the world.

     

    Hyundai Mobis is actively working with Hyundai Motor Company to confirm its suitability for mass production based on the IONIQ 5. To mount a powertrain on wheels, an in-wheel motor necessitates a challenging design process. 

     

    It is believed that this technology still has a number of obstacles to overcome, such as ensuring drive performance and durability.The in-wheel system’s key benefits include increased drive and power economy, a longer cruising range, better driving performance, and distinctive steer modes.

     

    By implementing the in-wheel system in the vehicle, the drive efficiency can be increased without the installation of a separate power transmission part like a drive shaft (a part that transmits torque to wheels). 

     

    This will increase power effectiveness as well. In-wheel technologies also extend the range of electric vehicles with safe battery storage.

     

    It makes more room inside and enables the vehicle to use the spaces for its current driving system. Additionally, the technology effectively distributes the torque produced by each motor in a wheel for the best possible turns and body control.

     

    COMPETITIVE LANDSCAPE

     

    There are more than 20 traction motor manufacturers but very few in-wheel motor manufacturers and it has a lot to do with the question mark on adoption of this technology.

     

    Protean Electric(now acquired by Evergrande Group in June 2019) has been very active in this space for past few years and in our opinion the most  important vendor of in-wheel motor market.

     

    A lot of suppliers that we interviewed quoted low OEM adoption as the biggest challenge for this market. This has created greater barriers to market entry of traction motor manufacturers in this space.

     

    A few suppliers have put their in-wheel motors in popular vehicles and carried out comparison test to showcase the capability of in-wheel motors. But, will that be enough to convince the automakers? Read our analysis on in-wheel motor market to find out.

     

    COMPANIES PROFILED
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    1 Market Segmentation 3
    2 Executive Summary 5-6
    3 Introduction 7-15
    4 Insights from Industry stakeholders 16
    5 Key criteria for in-wheel motor adoption by OEMs 17
    6 Traction motor manufacturing in US, Europe and China 18
    7 Breakdown of new EV concept vehicles by powertrain 19
    8 Upcoming EV platforms utilizing E-axle 20-22
    9 Market Size ,Dynamics and Forecast By EV Type 23-35
    10 Market Size ,Dynamics and Forecast By Geography 36-55
    11 Market Size ,Dynamics and Forecast By Sub-Components 56-68
    12 Competitive Landscape 69-71
    13 Company Profiles 72-80
    14 OEM-supplier relationship in in-wheel motor market 81-82
    15 Unmet needs and Market Opportunity for suppliers 83
    16 Conclusion 84
    17 Appendix 85
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