In 2022, the global electric vehicle motor market demand was valued at about US$ 58.1 billion. Overall sales are predicted to grow at an impressive CAGR of 21.2%, reaching a value of nearly US$ 396.3 Billion by 2032, according to…

Over the projection period of 2022-2032, the global electric vehicle motor market is predicted to grow at a CAGR of 21.2%, reaching a valuation of more than US$ 396.3 Bn by 2032. In response to the growing demand for electric…