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The Automotive Traction Motor market is a key component of the Electric and Hybrid Vehicle industry. It is responsible for providing the power necessary to propel the vehicle forward. Traction motors are typically powered by electricity, and are designed to be lightweight and efficient. They are typically integrated into the vehicle's powertrain, and can be used to provide both propulsion and regenerative braking.
The Automotive Traction Motor market is expected to grow in the coming years, as the demand for Electric and Hybrid Vehicles increases. This is due to the increasing awareness of the environmental benefits of these vehicles, as well as the cost savings associated with them.
Some of the major players in the Automotive Traction Motor market include Bosch, Continental, Denso, and ZF Friedrichshafen. Other companies such as Siemens, Johnson Electric, and Magna International are also active in the market. Show Less Read more
