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.

For more information on companies in this article

Related Content

  • The problem of mass transit ridership post-Covid 19
    June 9, 2020
    Several pillars of Mobility as a Service – notably public transit, ride-share and micromobility – are under pressure as ridership plummets.
  • DSRC? ‘It’s become a faith-based thing’
    March 2, 2021
    The US FCC’s decision on 5.9GHz led to Applied Information offering DSRC buybacks to DoTs. Bryan Mulligan tells Adam Hill that we now just need to get on and roll out CV technology...
  • Additional functionality gives loops a continued lease of life
    March 20, 2014
    Two decades after the death of the inductive loops was predicted, Matt Zinn, technical services manager at Eberle Design says the technology still offers advantages. More than 20 years ago the emergence of video detection systems led many to foretell the end of inductive loops. In the intervening years advocates of radar, infrared and wireless detection technologies have also claimed that loops were on their way out. But in fact, by all calculations, the use of loops has actually increased and although
  • VW presents electric mobility research
    April 23, 2012
    Volkswagen, in cooperation with six project partners and the German Ministry of the Environment, is presenting the current status of the ‘Fleet study in electric mobility’ that was initiated in July 2008. The primary goal of the project, which runs until June 2012, is to consistently utilise renewable energy sources for electrically powered vehicles. Within the framework of the fleet study, Volkswagen is using a total of 20 of the latest generation Golf Variant TwinDrive cars as research vehicles.