Electric Vehicle Motor Controller Market Research Report and Trends Electric Vehicle Motor Controller Industry: 2017 | Page 2

China EV (Electric Vehicle) Motor Controller Industry
Report, 2017-2020
Introduction:
Motor drive control system (drive motor and motor controller) is important execution mechanisms
when an EV Market runs, and control & drive properties decide main diving performance indicators.
Each battery electric vehicle or hybrid vehicle needs a set of motor drive control system.
Motor controller prices vary greatly depending on specifications and performance requirements. The
market price of motor controller for electric bus is usually RMB30,000-50,000/set (around
RMB45,000 on average), of single-motor controller for electric truck RMB7,000/set or so, of single-
motor controller for passenger car RMB7,500/set, and of multi-motor controller for p assenger car
RMB12,000/set. As dual motor can simplify plug-in hybrid system and boost driving performance (like
BMW 2 Series PHEV, Toyota Prius, BYD Tang, and BYD Yuan), the proportion of EVs (especially PHEV)
carrying dual-motor system will keep rising.
China’s demand for EV motor controllers was around 590,000 sets or worth RMB9.1 billion or so in
2016, primarily concentrated in commercial vehicle field. It is expected that EV motor controller
market size will climb to RMB28.1 billion in 2020 with passenger car holding a dominant position.