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

  • Driver aids make inroads on improving safety
    November 12, 2015
    In-vehicle anti-collision systems continue to evolve and could eliminate some incidents altogether. John Kendall rounds up the current developments. A few weeks ago, I watched a driver reverse a car from a parking bay at right angles to the road, straight into a car driving along the road. The accident happened at walking pace, no-one was hurt and both cars had body panels that regain their shape after a low speed shunt.
  • ANPR integrity is as important as capability
    February 1, 2012
    Increasing the capability of automatic number plate recognition should go hand-in-hand with efforts to ensure number plates' integrity, says the ESVA's Viv Nicholas. Before we apply increasingly sophisticated technology to Automatic Number Plate Recognition (ANPR), says the European Secure Vehicle Alliance's (ESVA's) executive director Viv Nicholas, there is a lot we can do to make the task of vehicle recognition simpler by addressing issues relating to the number plate itself.
  • Just Zip it! Lindsay takes to the road
    October 10, 2018
    Greater vehicle connectivity is going to have huge implications for traffic management. David Arminas climbed aboard a Lindsay Road Zipper to see what this might mean in future As vice president of barrier specialist QMB Canada, Marc-Andre Seguin is sanguine about the future for moveable barriers. On the one hand, it looks good. The oft-stated advantage of moveable barriers is that the systems are cheaper to install than adding a lane or two to a highway or bridge. Directional changes to lanes can boost
  • Cohda Wireless: 'New York has the best urban canyons'
    July 21, 2020
    Dr Paul Alexander, chief technical officer of Cohda Wireless, talks to Adam Hill about DSRC versus C-V2X, global connected vehicle take-up, the uses of WiFi – and, of course, seeing round the Big Apple's buildings...