Global EV powertrain system market to reach $107 bn by 2029
The EV production will grow at a CAGR (compound annual average growth rate) of 26 per cent from 2021 to 2026, in turn, EVs powertrain system demand wil increase to $107 bn.
The EV production will grow at a CAGR (compound annual average growth rate) of 26 per cent from 2021 to 2026, in turn, EVs powertrain system demand wil increase to $107 bn.
The EVCS are being developed under Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME) India Scheme Phase-II.
