Smart Electric Drive Market to 2025 – Global Analysis and Forecasts by Component (Battery, Electric Motor, Inverter Unit, E-brake Booster, and Power Electronics
(EMAILWIRE.COM, October 15, 2018 ) Increase in the stringent government norms in the automotive industry regarding the concerns by the global regulatory bodies has driven the market for smart electric drives. However, high system cost is expected to impede the market growth.
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