– Continued advancements in the battery technology to serve the increasing popularity of electric vehicles amplifies production of powertrain components
– Increasing adoption of novel materials for car powertrain components to reduce the weight of vehicles to curb harmful emissions manifests growth for the car powertrain market
ALBANY, N.Y., Dec. 2, 2021 /PRNewswire/ — The prospects of increasing popularity of electric vehicles are anticipated to create opportunities in the car powertrain market. The role of some large automakers to engage in innovations to align the production of electric vehicles in the assembly of conventional automobiles is likely to stimulate the car powertrain market. This is facilitated by the deployment of AI in engineering simulation and design software to improve powertrains in electric vehicles.
Stringent emission regulations in place in some developed countries are compelling automakers to adopt fuel-efficient technologies in new vehicle models. The manufacture of lightweight vehicles and lightweight components that help improve fuel efficiency is…
