JUN 2022  
News
Electric Powertrain in Cars by 2030, Says New Report

One in two cars will have an electric powertrain by 2030, a new report showed recently. Electric powertrain includes main components that generate and deliver power to the road surface for fully electric, hybrid electric and plug-in hybrid electric vehicle applications. Main components of its powertrain are engine, transmission, and driveshaft. According to Counterpoint Research, the increase in environmental awareness among buyers, favourable carbon emission norms, support from governments and the collaborative efforts of ecosystem players are all helping electric vehicle (EV) adoption across the world. However, EV penetration was still below 10 per cent of global passenger vehicle sales in 2021.