The electric vehicle (EV) market has seen somewhat slowed growth in 2024 compared with previous years. One of the keys to continued growth will be providing EV models in a more affordable price range. There are a lot of approaches to achieving this, and optimization will be required across the vehicle. The choices of technology and materials used in the vehicle's electric motor can make a significant impact on the cost of this critical drivetrain component and also impact other costs within the vehicle.
- The current market landscape for electric motor technologies and materials
- The need for alternative materials
- How various motor technologies and materials impact performance and cost, including permanent magnet free motors; rare earth free magnets and stator winding choices
- An outlook for future trends and adoption