Electric vehicle markets continue to grow, albeit at a slower rate than many had suspected in 2024. In order to reinvigorate this growth, lower cost, more efficient models will be required to access new parts of the consumer market.
There are multiple methods and factors that will help enable this with a critical focus being the drivetrain. As the most expensive component, the battery takes the fore, but efficiency improvements in the motors, power electronics, and how this all links together can improve range, or reduce the amount of battery required for the same range. Hence, reducing costs.
This webinar by IDTechEx will summarise some of the key trends seen in 2024 and what we can expect for the future of EV drivetrain technology including:
- New lower cost battery chemistries (e.g. LFP, LMFP, etc.)
- More efficient and lower bill of materials motors (rare earth free, alternative magnet materials)
- The evolution of alternative power electronics technologies (SiC, GaN, etc.)
This webinar shares some of the research from a range of electric vehicle related IDTechEx reports. For the full portfolio of Electric Vehicle market research available from IDTechEx, please visit
www.IDTechEx.com/Research/EV.
John Li - Technology Analyst at IDTechEx