Canada Electric Motor for Electric Vehicle Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Canada Electric Motor for Electric Vehicle Market is segmented by vehicle type (passenger cars and commercial vehicles), by propulsion type (battery electric vehicle, hybrid electric vehicle, and plug-in hybrid vehicle), and by motor type (AC motor and DC motor). The report offers the market size and forecast of the Canada Electric Motor for Electric Vehicle Market in value (USD billion) for the abovementioned segments.

Canada Electric Motor for Electric Vehicle Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Canada Electric Motor for Electric Vehicle Industry Overview

The Canadian electric motor market for electric vehicles is highly consolidated due to the presence of limited OEM manufacturing. However, the market is dominated by some major automotive players, such as Toyota, Tesla, Nissan, Honda, BYD, BAIC, and BMW, keeping the demand for electric motors positive. Additionally, the evolving partnerships between motor manufacturers and automotive companies are expected to expand the electric motor for the electric vehicle market in Canada over the long term period.

Canada Electric Motor for Electric Vehicle Market Leaders

  1. Tesla Inc.

  2. BYD Co. Ltd.

  3. BAIC Group

  4. Jing-Jin Electric Technologies Co., Ltd.

  5. BorgWarner Inc.

  6. *Disclaimer: Major Players sorted in no particular order
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