24 Nov, 2024
4 mins read

Electric Vehicle Traction Motor Market Growing Demand, Size and Business Outlook

An electric vehicle traction motor utilizes electric energy from the battery of the vehicle, which is installed in an electric vehicle in order to propel it. Traction motors are capable of providing required torque for propulsion of electric vehicles. Traction motor is a vital component of electric vehicles, thus rising demand for electric vehicles is fueling the […]