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2026-06-11 11:20:51 -

Global New Energy Vehicle Drive Motor Cores Market Reaches USD 10.37 Billion

According to a new report from Intel Market Research, the global New Energy Vehicle Drive Motor Cores market was valued at USD 3,759 million in 2025 and is projected to reach USD 10,373 million by 2034, growing at a robust CAGR of 15.3% during the forecast period (2025–2034). This expansion is driven by accelerating government incentives for electric vehicle (EV) adoption, rapid advances...

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