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In order to achieve synergy benefits, the electric drive module unites the next-generation separate motor-generator and power electronics into a single system.
In order to be attached to the electric motor, the new power electronics have been carefully designed. In (plug-in) hybrid and electric vehicles, the module functions as an electric powertrain.
Direct current from the battery is converted into the alternating current needed by the electric motor via the inverter. The inverter offers a dependable on-demand power source for the electric powertrain through its electronic management and monitoring of the electric motor. The electric motor transforms electrical energy into mechanical energy through permanent magnet excitation.
The Saudi Arabia EV Drive Module 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.
In order to develop a manufacturing facility in Saudi Arabia, electric vehicle company Lucid has inked arrangements with the government of that nation. Before deciding on the King Abdullah Economic City (KAEC) as the location for its first global production facility, Lucid claims to have “examined several alternatives.”
The business intends to start by assembling Lucid Air vehicle “kits” that are pre-manufactured at the company’s facility in Casa Grande, Arizona, at the new production hub, which will be completely owned by Lucid. Later, the KAEC plant will create finished automobiles.
The plant will initially make cars for the Saudi market, but its long-term objective is to export finished cars to other markets across the world.