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The Electric Vehicle Power Electronics market is a subset of the Electric and Hybrid Vehicle market. It is composed of components and systems that are used to control the flow of electricity in electric and hybrid vehicles. This includes power converters, inverters, and other power electronics components. These components are used to control the flow of electricity from the battery to the motor, as well as to manage the energy flow from the motor to the battery. This helps to ensure that the vehicle is able to operate efficiently and safely.
The Electric Vehicle Power Electronics market is expected to grow in the coming years due to the increasing demand for electric and hybrid vehicles. This is due to the increasing awareness of the environmental benefits of electric and hybrid vehicles, as well as the increasing availability of charging infrastructure.
Some companies in the Electric Vehicle Power Electronics market include Delphi Technologies, Infineon Technologies, Texas Instruments, and STMicroelectronics. Show Less Read more