Germany Automotive High-Performance Electric Vehicles Industry Overview
The German automotive high-performance electric vehicles market is moderately consolidated and highly competitive with players such as BMW Group, Daimler AG, and Volkswagen AG, amongst others. Companies are launching new models and investing in R&D projects to provide the best technology to electric vehicle customers. For instance,
- December 2022: BMW Group began production of its BMW iX5 Hydrogen model at its Munich Research and Innovation Centre's pilot plant. During the assembly stage, the model-specific 12V and 400V electrical systems, high-performance batteries, electric motors, and fuel cells are all integrated alongside standard production parts.
- July 2022: AMTE Power Plc signed an agreement with MAHLE Powertrain (MPT), the Engineering Services subsidiary of the MAHLE Group. It will enable MPT to develop powertrain concepts for the next generation of high-performance electric vehicles and contribute to addressing the automotive industry's bottleneck in battery testing.
Germany Automotive High-Performance Electric Vehicles Market Leaders
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Ford Motor Company
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Daimler AG
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Volkswagen AG
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BMW Group
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Telsa Inc.
- *Disclaimer: Major Players sorted in no particular order
