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The Electric Vehicle Transmission (EVT) market is a subset of the automotive drivetrain and transmission components industry. It is composed of components and systems that enable the transmission of power from an electric motor to the wheels of an electric vehicle. EVT systems typically include a motor, a controller, a transmission, and a differential. The motor is responsible for providing the power to the wheels, while the controller regulates the power output. The transmission is responsible for transferring the power from the motor to the wheels, while the differential is responsible for distributing the power to the wheels.
EVT systems are becoming increasingly popular due to their efficiency and environmental benefits. They are also becoming more affordable, making them a viable option for many consumers.
Notable companies in the EVT market include Tesla, Bosch, Continental, ZF Friedrichshafen, and Magna International. Show Less Read more