Global Electric Vehicle Motor market is predicted to reach...

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Global Electric Vehicle Motor market is predicted to reach approximately USD 46.33 billion by 2032, at a CAGR of 11.35% from 2024 to 2032.

The growing global adoption of electric vehicles is driving the rapid growth and transformation of the global electric vehicle (EV) motor market. The part that allows electric vehicles to be propelled by transforming electrical energy into mechanical energy is known as an electric vehicle motor. These motors are available in several varieties, such as DC motors, permanent magnet synchronous...

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