In this report, the new energy vehicle primarily includes the plug-in hybrid electric vehicle (PHEV), battery electric vehicle (BEV), fuel cell vehicle and so on.

Electric Vehicle Drive Motors is a new kind motor, it is more like one kind motor that it collects the function of electric motor and generator, it can provide power from the battery and it can also recycle the power from vehicle putting on the brake, it more meets the idea of the new energy vehicles and societal need.

As we all know that the battery is the most important section of the new energy vehicle, and currently, the battery exist the problem of the storage capacity but it occupies a large part of the costs and space of the new energy vehicles, so the Electric Vehicle Drive Motors needs higher technology to improve the efficiency and decrease the volume to satisfy the new energy vehicle’s demand.

The Specifications include the material, rotating speed, current manner, power and so on, the main components are stator and rotor, these two components control the quality of the drive motor, it is the work efficiency. Because the new energy vehicle needs the battery to provide power, the power and the magnetic field may influent each other, so the Specifications needs higher.
Global Electric Vehicle Drive Motors key players include FUKUTA, BYD, Broad-Ocean, BAIC, etc. Global top four manufacturers hold a share over 40%.
China is the largest market, with a share over 45%, followed by United States and Europe, both have a share over 50 percent.
In terms of product, PMSM is the largest segment, with a share over 75%. And in terms of application, the largest application is EV, followed by PHEV.

Market Analysis and Insights: Global Electric Vehicle Drive Motors Market
In 2020, the global Electric Vehicle Drive Motors market size was US$ 6439 million and it is expected to reach US$ 47480 million by the end of 2027, with a CAGR of 31.5% during 2021-2027.
Global Electric Vehicle Drive Motors Scope and Market Size
Electric Vehicle Drive Motors market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Electric Vehicle Drive Motors market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Type, the Electric Vehicle Drive Motors market is segmented into
PMSM
Asynchronous Motor
Other

Segment by Application, the Electric Vehicle Drive Motors market is segmented into
EV
PHEV

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape and Electric Vehicle Drive Motors Market Share Analysis
Electric Vehicle Drive Motors market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Electric Vehicle Drive Motors product introduction, recent developments, Electric Vehicle Drive Motors sales by region, type, application and by sales channel.

The major companies include:
FUKUTA
BYD
Broad-Ocean
BAIC
ZF
JJ
Bosch
Mitsubishi
Hitachi
JMEV
UAES
JEE
Magna
FDM
Shuanglin Deyang