In-wheel Motor Market Set for Explosive Growth with 30% CAGR Through 2033
The global in-wheel motor market is expected to be worth US$ 1.2 billion in 2023 and US$ 17 billion by 2033. From 2023 to 2033, global demand for in-wheel motors is expected to grow at a CAGR of 30%. The in-wheel motor, a revolutionary technology, is making waves in the automotive industry. These electric motors […]