Electric Vehicle Transmission Market is Expected to Exceed CAGR of 46 Electric Vehicle Transmission Market 2016-2020

Electric Vehicle Transmission Market Is
Expected to Exceed 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.
View Full Report with TOC @ http://www.radiantinsights.com/research/global-electric-
vehicle-transmission-market-2016-2020
Covered in this report
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