Global Automotive Retrofit Electric Vehicle Powertrain Market Insights, Forecast to 2028

Automotive Retrofit EV Powertrain Market 

Retrofitting an old vehicle into an electric vehicle is a new way to reduce pollution and promote zero-emission. Retrofit electric vehicles include replacement of the engine and fuel tank with a battery and battery charger, respectively.Retrofitted electric vehicles do not require gears and can travel up to 150km on a single charge. According to Central Motor Vehicle Rule, 1989, of India, the conversion of engine powered vehicles into pure electric operation with fitment of electric kit would be permitted if the vehicle was manufactured on or after January 1, 1990.

The global Automotive Retrofit Electric Vehicle Powertrain market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.

Fully considering the economic change by this health crisis, Electric Motor accounting for % of the Automotive Retrofit Electric Vehicle Powertrain global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While Passenger Vehicles segment is altered to an % CAGR throughout this forecast period.

China Automotive Retrofit Electric Vehicle Powertrain market size is valued at US$ million in 2021, while the North America and Europe Automotive Retrofit Electric Vehicle Powertrain are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period.

As for the Europe Automotive Retrofit Electric Vehicle Powertrain landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Automotive Retrofit Electric Vehicle Powertrain market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Automotive Retrofit Electric Vehicle Powertrain market in terms of revenue.

Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Automotive Retrofit Electric Vehicle Powertrain market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Automotive Retrofit Electric Vehicle Powertrain market.

Automotive Retrofit Electric Vehicle Powertrain market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Automotive Retrofit Electric Vehicle Powertrain market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.

By Type

• Electric Motor
• High Voltage Battery
• Controller
• On Board Charger
• Others (Transmission System)

By Application

• Passenger Vehicles
• Commercial Vehicles

By Company

• Continental AG
• ETrio
• Bharat Mobi
• Robert Bosch GmbH
• Rexnamo Electro Pvt Ltd
• Altigreen
• BorgWarner(Delphi Technologies)
• Mando Corporation
• Johnson Electric Holdings Ltd
• Mitsubishi Electric
• Magna International Inc
• Hitachi Ltd
• Eco-conversions
• Electric Vehicles of America
• EV-Blue
• EV Source
• Green Motors Inc

By Region

• North America
• United States
• Canada
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Nordic Countries
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• Southeast Asia
• India
• Australia
• Rest of Asia
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA