Hub Motors (In-Wheel) Market (2021-2025) | Hub Motors (In-Wheel) Market to Remain Steady Despite COVID-19 as Vehicle Electrification Gains Momentum
iCrowd Newswire
The upcoming report by Fairfield Market Research, titled
Hub-Motor (In-Wheel) Market - Global Industry Analysis (2019 – 2020) – Growth Trends and Market Forecast (2021–2030) , investigates the market dynamics of the market such as the rise of electric vehicles (EVs). The demand for hub motors is projected to see an upward trend in the coming five years as sales of EVs will increase by 13-15%. Hub motors are expected to gain momentum as the electrification of automobiles gears up to tackle climate change. Analysts anticipate that introduction and the wider availability of varied electric vehicles in several markets of the world is likely to boost the global market for hub motors (in-wheel).
After experiencing a year scarred by a pandemic, social injustice and political uncertainty, the Asian American Student Association at the University of Georgia is ready to welcome in a new