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Electric Vehicle Skateboard Platform Market To Reach A Revised Size Of USD 68.0 Billion By 2030| Report By IMR

Electric Vehicle Skateboard Platform Market

Electric Vehicle Skateboard Platform Market Overview:

The Electric Vehicle Skateboard Platform market estimated at USD 9.0 billion in the year 2022, is projected to reach a revised size of USD 68.0 billion by 2030, growing at a CAGR of 28.7% over the analysis period 2023-2030.

An automotive chassis configuration utilized for battery electric vehicle platforms is called a skateboard. The batteries, electric motors, and other essential electronic components necessary for an electric vehicle are housed on a base structure or platform that is part of the skateboard’s chassis. Platform refers to what is frequently—and rather incorrectly—referred to as the car’s chassis, including the gas tank, doors, doors’ hinges, the belly pan, the suspension, and mounting points for the engine and transmission. An automaker tries to base as many cars as they can on as few platforms as they can because it is the most expensive and complicated thing they do.

Top Key Players in Electric Vehicle Skateboard Platform Market:

Tesla, Volkswagen Group, Hyundai, Rivian, Foxconn, Guangzhou Xiaopeng Motors Technology Co Ltd, Bollinger Motors, Gaussin Road truck skateboard, and Other Major Players.

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The report summarizes all the information collected and serves the customer’s requirements. However, these market analyses help in understanding market growth at both global and regional levels. For market data analysis, we have market panorama tools such as Market Dynamics, Competitor Analysis, PESTEL Analysis, SWOT Analysis, Porter Five Forces Analysis, Value Chain Analysis, Technology Roadmap and Evolution, Regulatory Framework, Price Trend Analysis, Patent Analysis, Covid-19 Impact Analysis, Russia-Ukraine War Impact and others.

Market Dynamics and Factors for the Electric Vehicle Skateboard Platform Market:

Drivers:

Rising Production of Electric Vehicles Boosting The Skateboard Platform Market

The rising production of electric vehicles (EVs) is significantly boosting the skateboard platform market for electric vehicles. The skateboard platform refers to a modular chassis design where most of the key components of an electric vehicle, such as the battery pack, electric motors, suspension, and drivetrain, are integrated into a single structural unit resembling a skateboard. Automakers can focus on designing and differentiating the upper body of the vehicle, such as the cabin and exterior while using a consistent and optimized skateboard platform for various models. This streamlined production process reduces development time and enhances manufacturing efficiency.

Opportunities:

Affordable Electric Vehicle Skateboard Platform

Customization and brand differentiation offer significant opportunities for the Electric Vehicle (EV) Skateboard Platform Market. These factors enable automakers to create unique, appealing, and diverse electric vehicles while establishing a strong brand identity. Skateboard platforms provide a standardized foundation for key components, allowing automakers to focus on creating distinct upper bodies, such as vehicle exteriors and interiors. This enables the development of a wide range of vehicle styles, from compact city cars to luxury SUVs, each catering to specific consumer preferences.

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Electric Vehicle Skateboard Platform

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Segmentation Analysis of the Electric Vehicle Skateboard Platform Market:

By Application, Commercial vehicle fleets, especially delivery vans, and trucks, are under increasing pressure to reduce emissions and operating costs. Electric vehicles powered by skateboard platforms can offer operational cost savings through lower fuel and maintenance expenses, making them an attractive option for fleet operators.

By Vehicle Type, Plug-in hybrid vehicles can serve as a transitional technology for consumers who are hesitant to fully switch to all-electric vehicles due to concerns about range anxiety or charging infrastructure. Skateboard platforms could accommodate the hybrid powertrain while providing flexibility for future all-electric upgrades.

By Vehicle Type

  • Plug-in Hybrid Vehicle (PHEV)
  • Battery Electric Vehicle (BEV)
  • Hybrid Electric Vehicle (HEV)

Regional Analysis of the Electric Vehicle Skateboard Platform Market:

North America, particularly the United States, has a well-established and advanced automotive industry with a history of innovation, manufacturing expertise, and infrastructure. This foundation can facilitate the development and production of skateboard platform-based electric vehicles. The region is home to many technology and innovation hubs, which can foster advancements in electric vehicle technology, battery development, and autonomous driving features—all of which can be integrated into skateboard platform designs.

By Regional Outlook

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Industry Development:

In February 2022, HMG and Canoo said that Hyundai has hired the company to create an electric vehicle platform based on Canoo’s unique skateboard design for upcoming Hyundai and Kia models. As part of the partnership, Canoo will offer engineering support to assist in creating an entirely scalable, all-electric platform that complies with Hyundai and Kia requirements.

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Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assisting our clients to grow and have a successful impact on the market. Our team at IMR is ready to assist our clients to flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, that specializes in using big data and advanced analytics to show the bigger picture of the market trends.

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