Electric Vehicle Drive Motor Market Is Expected To Grow At A CAGR Of 21.26% During 2018–2028

The electric vehicle drive motor market refers to the segment of the automotive industry that deals with the production, marketing, and distribution of electric motors used in electric vehicles (EVs). The electric motor is one of the critical components of an EV, as it is responsible for converting electrical energy into mechanical energy to propel the vehicle. The market for electric vehicle dri...