ELECTRIC POWERTRAIN MARKET ANALYSIS
Global Electric Powertrain Market: Key Developments
In July 2021, Mercedes-Benz (a Germany-based luxury and commercial vehicle automotive brand) revealed that it had acquired Yasa (a manufacturer of electric motors and motor controllers for use in automotive and industrial applications), a provider of advanced electric propulsion technology. It offers the automobile sector solutions for electric and hybrid powertrains. Yasa will continue to function as a wholly-owned Mercedes-Benz subsidiary.
In July 2021, an electric powertrain joint venture between LG electronics (Multinational conglomerate corporation) and Magna International (Canadian parts manufacturer for automakers) was formulated to serve the EV industry. Both firms have formally signed the transaction agreement. The new business will be situated in Incheon, South Korea, and will go by the name LG Magna e-powertrain. It will initially employ 1,000 people.
In August 2021, BorgWarner Inc. (a U.S.-based automotive supplier) announced a Series C equity investment in CelLink Corporation, a provider of high-conductance flexible circuits for the automotive industry. The investment would allow the company to expand its electrification strategy.
Electric Powertrain Market Report Snapshots
Need a Custom Report?
We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports
Customize NowWant to Buy a Report but have a Limited Budget?
We help clients to procure the report or sections of the report at their budgeted price. Kindly click on the below to avail
Request Discount
Credibility and Certifications
9001:2015
27001:2022
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients
U.S.: 
U.K. : 
India :