EV Update Media – Electric Vehicles and Battery Industry News & Updates

A platform specially designed and developed to keep the industry updated with the right Knowledge, News and Information about developments happening in the Electric Vehicles & Battery sector

Industry Forecast

Intelligent Power Module Market Revenue To Cross USD 2.5 Bn By 2026

According to a latest report, the market valuation of intelligent power module will cross $2.5 billion by 2026. The growing adoption of intelligent power modules in power converters, electric motor drives for aircraft will fuel the market growth over the…

ADAS And Autonomous Driving Components Market Size Worth To Be USD 118.03 Bn By 2027

The global ADAS and Autonomous Driving Components Market size was valued at USD 24.05 billion in 2019 and is anticipated to reach USD 118.03 billion by 2027 at a CAGR of 21.9%. Factors affecting the increasing demand for the Advanced…

Demand For Electric Vehicle Supply Equipment In India Growing Due To Surging Pollution

The need for increasing the adoption of electric vehicles in India is extremely high, since the country is among the most polluted countries across the world. Owing to the large population and rising disposable income, the number of vehicles on…

Micro Electric Vehicles (EV) Market To Worth USD 5814.7 Million By 2026

The global micro electric vehicles market size is projected to gain momentum owing to the increasing popularity of micro-mobility services. This, coupled with the rise in environmental concerns that promotes the use of eco-friendly products, commodities, and services. According to…

Electric Vehicle Communication Controller Market Global Forecast To 2027

The electric vehicle communication controller (EVCC) market is projected to reach USD 563 million by 2027 from an estimated USD 55 million in 2019, at a CAGR of 33.8%. The growth of the controller market is driven by the increasing…

Global Lithium Compounds Market (2020 to 2025)

Growing Demand for Batteries Lithium compounds have been majorly used in lithium-ion rechargeable battery technologies to save and consume energy. Lithium-Ion batteries find their application in electronics such as mobile phones, cameras, laptops, power tools and vehicles amongst others. Lithium-Ion…

Automotive Engineering Services Market Forecast to 2027

The global automotive engineering services market is expected to reach $18.6 billion by 2027, growing at a CAGR of 6.7% during the forecast period of 2020 to 2027. The growth in this market is majorly attributed to the factors such…

Electric Vehicle Global Forecast to 2030

The Electric Vehicles Market is projected to reach 26,951,318 units by 2030 from an estimated 3,269,671 units in 2019, at a CAGR of 21.1% during the forecast period. The base year for the report is 2018, and the forecast period…

Global Hub Motor Market Forecast For Electric Vehicle, 2020 – 2030

The global hub motor market for electric vehicle is expected to reach US$ 27.4 Bn mark by the end of 2030. Automotive companies are increasingly focusing on minimizing air pollution and depletion of conventional fossil fuels to gain a competitive…

Electric Vehicle Battery Thermal Management Systems Market Size Worth To Be $12.1 Billion By 2027

The global electric vehicle battery thermal management systems market size is expected to reach USD 12.1 billion by 2027, registering a CAGR of 28.5% from 2020 to 2027. Increasing adoption of electric vehicles (EVs) across the globe is the primary…