Commercial EV traction motor market to surpass US $15B by 2032
Press Release, 18 November’2024 The electric commercial vehicle traction motor market size was evaluated at USD 1,590.22 million in 2023. The market is expected to grow from USD 2,039.15 million in 2024 to USD 15,032.13 million by 2032, showcasing a CAGR of 28.4% between 2024–2032. Market Overview: What are Electric Commercial Vehicle Traction Motors? An electric vehicle…