Product ID: SQMIG25A2066
Report ID:
SQMIG25A2066 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
65 |
Figures:
75
Global automotive retrofit electric vehicle powertrain market is highly competitive with the presence of local as well as global companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of global automotive retrofit electric vehicle powertrain market.
For example, In July 2021, German car maker Mercedes Benz announced that it would buy YASA, a provider of next-generation electric propulsion technology. The business offers automobile sector solutions for electric and hybrid powertrains. Yasa Mercedes Benz will continue to operate as a wholly owned subsidiary.
In July 2021, LG Electronics and Magna International formed a joint venture to develop electric vehicles (EVs). A transaction agreement has been formally signed by both businesses. The new business will be based in Incheon, South Korea, and will go by the name LG Magna E-Powertrain. It will initially provide employment to 1000 people.
Automotive Retrofit Electric Vehicle Powertrain Market Top Player's Company Profiles
Automotive Retrofit Electric Vehicle Powertrain Market
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Product ID: SQMIG25A2066