Electric Vehicle Transmission Market is Expected to Arrive at CAGR of Electric Vehicle Transmission Market 2016-2020

Electric Vehicle Transmission Market is expected to arrive at CAGR of 46.73% during 2016-2020: Radiant Insights, Inc “The report covers the present scenario and the growth prospects of the global EV transmission market for 2016-2020.” About EV Transmission The popularity of electric vehicles (EVs) as a greener option to curb environmental pollution has shot up in recent times. There has been a shift in public perception from disapproving electric vehicles as costly and inferior in terms of quality such as power, efficiency, and comfort to a more viable option for transportation. Electric cars are powered by electric motors, unlike the internal combustion (IC) engines that run on gasoline or diesel. The electric vehicle gets the energy stored in its batteries, which are rechargeable. Earlier during its launch, electrical vehicles were not widely adopted because of the low driving range and the need to recharge again. The charging stations were slow charging points, which used to take multiple hours to charge the battery. the global EV transmission market to grow at a CAGR of 46.73% during the period 2016-2020. Browse Full Report With TOC @ http://www.radiantinsights.com/research/global- electric-vehicle-transmission-market-2016-2020 Covered in this report Follow Us: