An electric vehicle power inverter is a system that is employed to run an EV motor, in which, the direct current electricity utilized in an electric car motor is converted to alternating current.
New York, Sept. 29, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Electric Vehicle Power Inverter Market Size, Share & Industry Trends Analysis Report By Inverter Type, By Propulsion, By Level of Integration, By Vehicle Type, By Distribution Channel, By Regional Outlook and Forecast, 2022 – 2028" - https://www.reportlinker.com/p06321975/?utm_source=GNW By modulating the alternating current’s frequency, the inverter can modify the motor’s rotational speed. By changing the signal’s amplitude, the motor’s power or torque can also be increased or decreased. The use of power inverters in electric vehicles is more widespread. Motors then make use of the converted current to drive appropriate equipment and sensors, which run on AC. Additionally, plug-in outlets as well as other conventional 120-volt devices can use electricity in electric automobiles. The electric vehicle power inverter market is anticipated to expand at a faster rate in the coming years due to factors, including rising demand for electric vehicles, strategic government initiatives for the use of electric vehicles, and exponential growth in demand for low-emission and fuel-efficient vehicles. Electric vehicle power inverters need to be as tiny and light as feasible, able to tolerate high temperatures, and able to deliver high power (between 80 and 200+ kW) to the motor. High levels of functional safety to safeguard the driver and systems, high levels of efficiency to extend battery life, and small size and light weight are key performance criteria for inverters. In order to power the propulsion motor, which is a 3-phase inductive load, the inverter transforms energy from the high-voltage battery into a multiphase AC current. In order to achieve energy and high reliability, the electronics in the inverter precisely control, monitor, and protect the high-power switches. This allows them to efficiently and precisely control the motor torque and speed and it enables the highest level of functional safety in accordance with ISO 26262 requirements. COVID-19 Impact Analysis Governments all over the world were driven by the COVID-19 outbreak to impose strict import-export bans and lockdowns for the majority of the year and a few months of 2021 as well. This caused the supply of crucial raw materials for components to suddenly diminish. The COVID-19 pandemic severely disrupted supply chains and manufacturing schedules, which had an adverse effect on aviation production and sales, which in turn had a detrimental effect on the market for electric car power inverters. Market Growth Factors Rising Adoption Of Electric Vehicles Electric vehicles have a number of benefits, including lower operating costs than conventional gasoline engines, the implementation of strict government regulations to reduce environmental pollution, and a reduction in tailpipe emissions, all of which have a significant positive impact on demand for them across the world. Key market players for electric car power inverters are also making a variety of strategic measures, such as product development and product launch, to capitalize on the market opportunity. An Increasing Number Of Concerns About The Environment One of the most prevalent issues in the modern era is the worsening condition of climate. Industrialization, urbanization, and a number of other factors are responsible for degrading the quality of the environment and air. However, governments and people all over the world are taking initiatives in order to address this challenge. Due to issues, like climate change and initiatives to attain net zero emissions, the market for electric vehicles has developed dramatically. Market Restraining Factors Lack Of Appropriate Infrastructure For Evs For electric car adoption, strong infrastructure for charging EVs is required. Despite their advantages from an environmental and financial standpoint, electric vehicles have not yet become mainstream. The electric vehicle business is constrained by a lack of charging outlets. In order to increase the sales of electric vehicles, a country needs a significant number of charging stations at particular distances. As a result, the growth of electric vehicles is halted, which makes it difficult for the market for electric vehicle power inverters to thrive. Propulsion Outlook Based on Propulsion, the Electric Vehicle Power Inverter Market is segregated into Hybrid Vehicle, Plug in Hybrid Vehicle, and Battery Electric Vehicle. In 2021, the hybrid vehicle segment recorded a significant revenue share of the electric vehicle power inverter market. A hybrid vehicle is one that draws its power from two or more different sources, such as submarines that operate on batteries when submerged and diesel when they are surfaced. Inverter Type Outlook On the basis of Inverter Type, the Electric Vehicle Power Inverter Market is classified into Traction Inverter and Soft Switching Inverter. In 2021, the traction inverter segment witnessed the largest revenue share of the electric vehicle power inverter market. The traction inverter’s function is to change the DC current from the battery of an electric car into AC current so that it may be utilized to power the electric motor that powers the car’s propulsion system. Vehicle Type Outlook By Vehicle Type, the Electric Vehicle Power Inverter Market is divided into Passenger Vehicle and Commercial Vehicle. In 2021, the commercial vehicle segment registered a significant revenue share of the electric vehicle power inverter market. The increasing growth of this segment primarily owing to the rapid surge in the growth of the electric vehicle power inverter market. Any motor vehicle used to deliver goods or carry passengers qualifies as a commercial vehicle. Level Of Integration Outlook On the basis of Level of integration, the Electric Vehicle Power Inverter Market is segmented into Integrated Inverter System, Separate Inverter System, and Mechatronic Integration System. In 2021, the integrated inverter system segment held the highest revenue in the electric vehicle power inverter market. Its structure largely consists of integrating an output current shaping function and recently developed maximum point tracking technique into a converter formed from a buck-boost and then inverting the shaped current across a grid frequency bridge to the grid. Distribution Channel Outlook By Distribution Channel, the Electric Vehicle Power Inverter Market is bifurcated into OEM and Aftermarket. In 2021, the OEM segment acquired the largest revenue share of the electric vehicle power inverter market. The primary advantage of OEM items is their cost. OEM products drastically lower the cost of production due to economies of scale. Additionally, the business buying these items can use them to create systems without having to run their own factories and this factor is propelling the growth of this segment of the market. Regional Outlook Region-wise, the Electric Vehicle Power Inverter Market is segregated into North America, Europe, Asia-Pacific, and LAMEA. In 2021, Asia-Pacific accounted for the largest revenue share of the electric vehicle power inverter market. The electric vehicle power inverter market is expanding quickly in China and India owing to the rapid expansion of the automotive industry in the region as well as government subsidies and incentives for electric vehicles. The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, Continental AG, Robert Bosch GmbH, Denso Corporation, Valeo SA, Mitsubishi Electric Corporation, Aptiv PLC, Toyota Industries Corporation, Nissan Motor Corporation and Marelli. Scope of the Study Market Segments covered in the Report: By Inverter Type • Traction Inverter • Soft Switching Inverter By Propulsion • Battery Electric Vehicle • Plug in Hybrid Vehicle • Hybrid Vehicle By Level of Integration • Integrated Inverter System • Separate Inverter System • Mechatronic Integration System By Vehicle Type • Passenger Vehicle • Commercial Vehicle By Distribution Channel • OEM • Aftermarket By Geography • North America o US o Canada o Mexico o Rest of North America • Europe o Germany o UK o France o Russia o Norway o Netherlands o Rest of Europe • Asia Pacific o China o Japan o Taiwan o India o South Korea o Singapore o Rest of Asia Pacific • LAMEA o Brazil o Argentina o UAE o Saudi Arabia o South Africa o Nigeria o Rest of LAMEA Companies Profiled • Siemens AG • Continental AG • Robert Bosch GmbH • Denso Corporation • Valeo SA • Mitsubishi Electric Corporation • Aptiv PLC • Toyota Industries Corporation • Nissan Motor Corporation • Marelli Unique Offerings • Exhaustive coverage • Highest number of market tables and figures • Subscription based model available • Guaranteed best price • Assured post sales research support with 10% customization free Read the full report: https://www.reportlinker.com/p06321975/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________
The prototype, which the CEO showed off at a company’s AI event Friday, is part of his effort to shape public perception of the company as more than just a car maker.
Tesla's billionaire CEO is resentful, never failing to remind his opponents of their past battles.
U.S. auto sales are seen holding up in the third quarter, as vehicle inventories slowly improve but new headwinds arise. A CarMax demand warning continued to weigh heavily on GM stock and Ford stock Friday.
Tesla is streaming its AI Day event live at 9:15PM ET — here's how to tune in.
(Bloomberg) -- New-car sales are expected to rise in the just-ending third quarter, but a deteriorating market for used vehicles -- which sent CarMax Inc. shares tumbling Thursday -- suggests trouble ahead for automakers.Most Read from BloombergMacKenzie Scott Files for Divorce From Science Teacher HusbandTop Apple Executive Is Leaving After Making Crude Remarks in TikTok VideoMeta to Cut Headcount for First Time, Slash Budgets Across TeamsMarjorie Taylor Greene’s Husband Files for Divorce After
In the future, your choice of smartphone ecosystem—Android or iPhone—could determine which make and model of car you choose.
For its manufacturer the Cybertruck could become a cash cow like the F-150 pickup/truck has been for Ford for several decades. The Cybertruck has aroused enormous curiosity among Tesla fans, analysts and industry rivals. Now, the closer Tesla gets to the start of production, the more heat the vehicle has been generating among Tesla followers.
Years ago, when Tesla (NASDAQ: TSLA) began selling its electric vehicles, it opted to sell them directly to consumers via its website. No dealers, no middlemen, just a car company selling cars to people who want them. The current markups prove that Tesla was right to sell directly to consumers, and other automakers could eventually come around to the idea.
Tesla's production forecast, if achieved, would put the EV maker on track to meet Elon Musk's goal for production in the coming quarter and put the automaker close to the scale of German luxury automaker BMW by end 2023. Musk and Tesla have a record of pointing to stretch targets the company has not always met. In April, for instance, Musk had said Tesla could hit 60% growth in deliveries.
Stellantis NV (NYSE: STLA) owned French automobile company, Citreon, has unveiled a new electric vehicle concept, Oli, made from recycled materials. It is expected to weigh 1000kg and deliver a 400km range. Limiting top speed to 110km/h to maximize efficiency makes consumption of 10kWh/100km possible. Customers can expect to see many of the concepts and innovations showcased in oli flowing through to Citroën's future electric family vehicles. Also Read: Stellantis, Uber Ramp Up Focus On France's
The new iPhone 14 and Apple Watch models promise to detect severe car crashes. According to our tests, speed and impact are only part of the story.
LAS VEGAS (Reuters) -Toyota Motor Corp President Akio Toyoda said California's new zero-emission requirements that seek to end sales of new gasoline-only vehicles by 2035 will be "difficult" to meet. "Realistically speaking, it seems rather difficult to really achieve them," Toyoda said on Thursday through a translator during a roundtable interview with reporters. Toyoda, who has led the company since 2009, defended Toyota's strategy and electric vehicle development plans, which have been criticized by some environmental groups and investors who want the company to move faster to adopt battery electric vehicles (BEVs).
The standard Lamborghini Urus is going through a mid-cycle upgrade and being renamed the Urus S.
We do not recommend using a long-delayed electric truck with bulletproof windows as a boat for any amount of time.
CarMax posted a steep drop in profit for the recently ended quarter, as inflation and economic concerns weighed on Americans’ demand for buying used cars. Prices for preowned cars and trucks have ballooned in recent years amid a pandemic-related shortage of new vehicles. CarMax, a used-car retailer, saw profit drop by more than 50% in its second quarter as sales rose 2%, the slowest pace since a rush in used-car purchases earlier in the pandemic.
The Tesla Cybertruck is not yet in existence thanks to multiple delays. "Cybertruck will be waterproof enough to serve briefly as a boat, so it can cross rivers, lakes & even seas that aren't too choppy," the tweet reads. Musk's reasoning behind the waterproof functionality is that the Cybertruck will need to be able to travel from Starbase — a SpaceX's facility located at Boca Chica, Texas — to South Padre Island, which requires crossing the channel.
The stock market took a U-turn on Thursday, erasing all the gains it made on Wednesday as investors continued to worry about the impacts of high inflation and the interest rate hikes that central banks are implementing to get it back in check. As of 11:40 a.m. ET, the S&P 500 was down 2.1%, and the tech-heavy Nasdaq has lost 2.9%. Companies tied to the electric vehicle industry were getting hit especially hard, with Rivian Automotive (NASDAQ: RIVN) down 5% and Chinese luxury EV-maker Nio (NYSE: NIO) falling 8.2%.
Toyota Motor Corp President Akio Toyoda said California's new zero-emission requirements that seek to end sales of new gasoline-only vehicles by 2035 will be "difficult" to meet. "Realistically speaking, it seems rather difficult to really achieve them," Toyoda said on Thursday through a translator during a roundtable interview with reporters. Toyoda, who has led the company since 2009, defended Toyota's strategy and electric vehicle development plans, which have been criticized by some environmental groups and investors who want the company to move faster to adopt battery electric vehicles (BEVs).