Technology Landscape, Trends and Opportunities in the Global Electric Vehicle Motor Market

The technologies in electric vehicle motor have undergone significant change in recent years, with brushed DC motors to brushless DC motors. The rising wave of new technologies, such as torque accuracy, and robust limp-homes are creating significant potential for electric vehicle motor in various vehicle platforms due to their reversibility, and reduction in noise pollution properties.

In this market, various technologies, such as weakening control, torque accuracy, and robust limp-home are used in the battery electric vehicle, hybrid electric vehicle, and plug in hybrid electric vehicle applications. Increasing demand for improving the driving range of electric vehicles, and stringent government regulations regarding vehicular emission are creating new opportunities for various electric vehicle motor technologies.

Some of the latest technological developments by various countries in the electric vehicle motor market are as follows:

• China: BYD, a leading Chinese EV manufacturer, announced plans to mass-produce its new silicon carbide (SiC) electric motor. This motor boasts higher efficiency and power density compared to traditional permanent magnet motors. China aims to have 20% of new car sales be electric by 2030. This ambitious target is driving significant investments in EV technologies, including advanced electric motors.
• Germany: Bosch, a German automotive supplier, recently unveiled its new eAchse electric axle system. This integrated system combines an electric motor, power electronics, and transmission, offering improved efficiency and packaging for EVs. The German government is funding research collaborations between automakers and universities to develop next-generation electric motors with a focus on lighter weight and higher performance.
• United States: The US Department of Energy is investing in university research on electric motors with improved thermal management capabilities. This research is crucial for extending the lifespan and improving the performance of EV batteries.
• Japan: Denso, a major Japanese automotive supplier, is developing electric motors with higher torque density for use in high-performance electric vehicles. Japan is exploring ways to reduce its reliance on rare earth elements used in permanent magnet motors. This could involve developing new motor technologies or finding alternative materials. 

This report analyzes technology maturity, degree of disruption, competitive intensity, market potential, and other parameters of various technologies in the electric vehicle motor market. Some insights are depicted below by a sample figure. For more details on figures, the companies researched, and other objectives/benefits on this research report, please download the report brochure.





The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, forecasts and strategic implications for the global electric vehicle motor technology by application, technology, and region as follows:

Technology Readiness by Technology Type

Competitive Intensity and Regulatory Compliance

Disruption Potential by Technology Type

Trends and Forecasts by Technology Type [$M shipment analysis from 2018 to 2030]:

• Weakening Control
• Torque Accuracy
• Robust Limp-Home Strategies

Technology Trends and Forecasts by Application [$M shipment analysis from 2018 to 2030]:

• Battery Electric Vehicles
  • Weakening Control
  • Torque Accuracy
  • Robust Limp-Home Strategies
• Hybrid Electric Vehicles
  • Weakening Control
  • Torque Accuracy
  • Robust Limp-Home Strategies
• Plug in hybrid Electric Vehicles
  • Weakening Control
  • Torque Accuracy
  • Robust Limp-Home Strategies

Technology Trends and Forecasts by Region [$M shipment analysis for 2018 to 2030]:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • United Kingdom
  • Germany
  • France
  • Russia
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
• The Rest of the World

 
Latest Developments and Innovations in the Electric Vehicle Motor Technologies

Companies / Ecosystems

Strategic Opportunities by Technology Type

Some of the electric vehicle motor companies profiled in this report include Continental, Hitachi Automotive Systems, Tesla, BYD Auto, Denso Corporation, Metric Mind Corporation, Mitsubishi Electric Corporation, Allied Motion Technologies, Robert Bosch, and Siemens.

Below are the latest technological developments from top companies in the electric vehicle motor market:

• BorgWarner announced the launch of its iDM (integrated eDrive Module) featuring a next-generation inverter with advanced weakening control algorithms. This innovation allows for a wider operating range of the motor, resulting in increased efficiency and power density.
• Continental showcased its new Electric Vehicle Powertrain Control Unit (EVCU) with improved weakening control capabilities. This EVCU optimizes motor current control during high-speed operation, leading to extended battery range and improved overall vehicle performance.
• Nidec unveiled its e-motor with ultra-precise torque control technology. This motor utilizes advanced sensor fusion and control algorithms to achieve exceptional torque accuracy, enhancing vehicle handling and stability.
• Mitsubishi Electric partnered with a leading Chinese automaker to supply electric motors featuring their latest high-precision torque control technology. This collaboration highlights the growing demand for accurate torque control in electric vehicles.
• Denso Corporation announced a strategic partnership with a European research institute to develop advanced limp-home strategies for electric vehicle motors. This collaboration aims to improve vehicle safety and reliability by ensuring a controlled driving experience even in case of motor malfunctions.

This report answers following 9 key questions:
Q.1 What are some of the most promising and high-growth technology opportunities for the electric vehicle motor market?
Q.2 Which technology will grow at a faster pace and why?
Q.3 What are the key factors affecting dynamics of different technologies? What are the drivers and challenges of these technologies in electric vehicle motor market?
Q.4 What are the levels of technology readiness, competitive intensity and regulatory compliance in this technology space?
Q.5 What are the new technology developments in electric vehicle motor market? Which companies are leading these developments? 
Q.6 What are the latest developments in electric vehicle motor technologies? Which companies are leading these developments?
Q.7 Which technologies have potential of disruption in this market?
Q.8 Who are the major players in this electric vehicle motor market? What strategic initiatives are being implemented by key players for business growth?
Q.9 What are strategic growth opportunities in this electric vehicle motor technology space?