Rise of Electric Powertrain Market: Trends and Predictions
The global electric powertrain market was valued at USD 83.30 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 15.3% from 2023 to 2030. The COVID-19 pandemic significantly impacted the automotive industry, leading to a reduction in electric powertrain growth due to decreased automotive sales and changing requirements. However, the implementation of...
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