Skip to main content

US$144 billion market forecast for multi-motor electric vehicles

The latest Electric Motors for Hybrid and Pure Electric Vehicles 2015-2025: Land, Water, Air report from IDTechEX finds that a US$144 billion market awaits in 2025, boosted by 8.9 million extra motors for multi-motor vehicles, most of them land vehicles - particularly cars - with industrial-commercial vehicles following close behind. Primary author Dr Peter Harrop notes, "Nevertheless, largest profit may be made in military and other segments. In some segments you are likely to be competing with your cus
July 10, 2014 Read time: 2 mins
The latest Electric Motors for Hybrid and Pure Electric Vehicles 2015-2025: Land, Water, Air report from 6582 IDTechEX finds that a US$144 billion market awaits in 2025, boosted by 8.9 million extra motors for multi-motor vehicles, most of them land vehicles - particularly cars - with industrial-commercial vehicles following close behind.

Primary author Dr Peter Harrop notes, "Nevertheless, largest profit may be made in military and other segments. In some segments you are likely to be competing with your customer, in others less so."
 
The report distils many new interviews and presents what is now a comparison of 157 electric traction motor suppliers, some of them the vehicle manufacturers themselves, out of what now may be 200 manufacturers - most of them doing the wrong thing. There are many surprises. Very small vehicle makers increasingly design their own superlative motors. Large companies increasingly integrate them with transmission or controls and simple gearing.
 
In-wheel motors are making progress from a very small base but two in-board motors now appear in a large number of vehicles. For example, the best-selling 1686 Toyota Prius has the generator double as a traction motor when extra power is needed, something done on other series- parallel powertrains. Some vehicles have two standard motors ganged together for extra power and IFEVS is succeeding with micro cars that have four wheel-drive thanks to one forward axle motor and one at the rear. The need for redundancy and high power to weight ratio leads to 2-30 electric traction motors being seen on electric aircraft. Multi-motors are commonplace on military marine craft for redundancy and space saving.

Related Content

  • October 25, 2012
    Electric minicabs to debut in London
    Chinese electric car manufacturer BYD and London green minicab company greentomatocars have signed a Memorandum of Understanding to create London’s first fleet of all-electric minicabs. BYD will supply greentomatocars with 50 of its pure electric e6 models for trial use in the capital. The cars are expected to be available for customers to use from the second quarter of 2013.
  • May 30, 2013
    Communication: the future of machine vision
    Jason Barnes asks leading machine vision industry figures what they consider to be the educational barriers to the technology’s increased uptake by the ITS sector. The recent rush by some organisations within the ITS sector to associate themselves with the term ‘machine vision’ underlines just how important the technology has become in a relatively short space of time. However, despite the technology having been applied in certain traffic management applications for some years, there remains a significant s
  • January 20, 2012
    Sound synthesis makes hybrid and electric vehicles safer
    The growing popularity of hybrids and electric vehicles gives rise to new safety issues in urban environments, as many of the aural cues associated with engine noise can be missing. The solution is to intelligently make vehicles noisier. The rise in popularity of hybrids and Electric Vehicles (EVs) is a result of environmental pressures, shifts in taxation and emerging technologies for batteries and motors. Competition among the car manufacturers means these vehicles need to be cost effective to buy and ope
  • August 5, 2022
    Peter Norton: “My fear is that the technology itself is mistaken for the answer”
    Peter Norton, author of Autonorama, tells Adam Hill why automakers kept the consumer dissatisfied, why Futurama got such a hold on the public imagination – and about how active travel can be promoted