Thursday March 29, 2018 0 comments
BOULDER -- For market players looking to establish leadership in the electric vehicle industry, the traction motor is now the focus, according to a new report from Navigant Research.
Over the last several years, electric vehicles have entered the mainstream and market share is expected to grow significantly in the coming decades.
Today’s automakers and suppliers are dramatically expanding their electrified offerings to achieve gains in fuel efficiency, reductions in emissions, and increases in available electrical power.
“Automotive manufacturers and suppliers are finally making a concerted shift from a focus on internal combustion engines to partially and fully electrified alternatives,” said Sam Abuelsamid, Navigant senior research analyst.
“In their effort to retain profitability while ensuring these new propulsion systems remain affordable to consumers, these companies are working aggressively to improve the efficiency and reduce the cost of some of the core components, particularly the traction motors and power electronics.”
According to Navigant’s report, numerous manufacturers announced plans in 2017 to offer at least 48 V mild-hybrid powertrains across all vehicles in their lineup. In many cases, manufacturers have reported they will make those offerings standard equipment.
All of these vehicles will require electric drive motors, generators, and power electronics for alternating current-direct current (AC-DC) conversion as well as DC voltage conversion to support multiple vehicle subsystems.
The report, Transportation Electrification Drives Motor and Power Electronics Innovation, examines how vehicle electrification is driving investment in all aspects of electric motor technologies and control electronics.
The study analyzes the historical, current, and future trends related to electrification solutions for vehicles and discusses the key components of an electric drive system.
It also provides detailed and actionable recommendations for industry players on some of the major areas to focus on to help successfully grow the market for these crucial electrification components.
An Executive Summary of the report is available for free download on the Navigant Research website.