Electric Powertrain Market Size Worth $38.9 Billion By 2026

The Global Electric Powertrain Market size is expected to reach $38.9 billion by 2026, rising at a market growth of 14.3% CAGR during the forecast period. EVs are the cornerstone of the automotive industry, since fossil fuels are predicted to be extinct over the coming decades. Alternative energy is then required to fuel cars, which could be electricity. Several countries have formulated strict policies on alternative fuel cars/EVs.
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