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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
At least a portion of electric motors power electric vehicles. Electric cars and trucks use an electric motor that is powered by electricity from batteries or a fuel cell, as opposed to traditional vehicles that use a gasoline or diesel-powered engine.
Electric cars don't all operate in the same manner. In "plug-in hybrids," an electric motor is available in addition to a gasoline or diesel engine; the motor is supplied by a battery that may be recharged by plugging in.
Some EVs only use electricity, abandoning liquid fuels completely. Others use the conversion of hydrogen gas into electricity to drive an electric motor.
The Portugal Electric car market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
In the Global Mobi Awards, the Kia e-Niro received the title of "Best Electric Car." The top figures in the field of intelligent mobility are honored at the yearly Global Mobi Awards in Portugal.
In Portugal, Renault has invited IndianAutosBlog.com to test-drive several of their electric cars.
BorgWarner, a supplier to the automotive industry, has started construction on a new facility in Viana do Castelo, Portugal, which will produce electrification goods for a variety of European automakers, including electric motors, inverters, and battery management systems.
Aiways, a Chinese manufacturer of electric vehicles (EVs), has scheduled the debut of its SUV U5 and the introduction of a second model for Portugal in JuneThe Fluence and the Kangoo, two new electric Renault vehicles, will debut in Portugal and go on sale this month.
BorgWarner is an American company that serves the worldwide automobile industry by creating a variety of parts and systems for cars, including electric ones. In the city of Braga, Portugal, BorgWarner has a production facility where it creates a range of goods for the automotive sector, including electric drivetrains and power electronics.
The eGearDrive transmission system, one of the electric vehicle systems that BorgWarner has created in Portugal, is intended to offer efficient and dependable power transfer for electric vehicles. With its integrated electric motor, gearbox, and power electronics, the eGearDrive system offers a small and light-weight option that is simple to install into a range of vehicle chassis.
High-voltage battery packs, battery management systems, and electric heaters are just a few of the additional parts that BorgWarner makes in Portugal for electric vehicles.
These items are intended to increase the effectiveness and performance of electric cars while also making passenger travel more comfortable. Overall, the electric vehicle products made in Portugal by BorgWarner are a testament to the company's dedication to furthering the creation of sustainable transportation options and its position as a market-leading supplier of automotive parts and systems.
With various models available in Portugal, the French automaker Renault has a sizable presence in the field of electric vehicles. The Renault Zoe, which is sold in Portugal, is one of their most well-liked electric vehicles.
A practical solution for daily usage, the Zoe is a small hatchback with an electric engine and a range of up to 395 kilometers on a single charge. Additionally, Renault sells the Twizy, a small electric car with a 100-kilometer range that is intended for city driving.
The Twizy is a two-seater car with a distinctive design that is well-liked for commuting. Renault also provides the Master Z.E., an electric commercial vehicle that is aimed at companies that need electric cars for their operations, in addition to these variants.
Renault has been aggressively pushing the usage of electric vehicles in Portugal and has collaborated with a number of businesses to support the growth of the nation's charging infrastructure. Renault is in a good position to expand its market share and provide customers with practical and effective electric vehicles, given the rising demand for electric vehicles in Portugal.
| 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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