Companies Dominating the Automotive Retrofit Electric Vehicle Powertrain Landscape
- LG Electronics
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Mercedes Benz
- AVID Technology
- Revolution Electric Vehicles
- EV Source
- HSR Motors
- UQM Technologies Inc.
- Magna International Inc.
- Meritor Inc.
- Bosch Ltd.
Automotive retrofit electric vehicle powertrain market expansion is estimated to witness a lucrative share during the forecast period. The competitive environment is attributed to the tremendous spike in electric vehicle powertrains for retrofitted cars globally. More companies are entering this sector owing to the potential growth opportunities. In the forecast period, the market will observe emerging competitors and a growing demand for automotive retrofit electric vehicle powertrains around the world.
Some of the key players include:
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of automotive retrofit electric vehicle powertrain is estimated at USD 71.36 billion.
The automotive retrofit electric vehicle powertrain market size was valued at USD 67.19 billion in 2024 and is likely to cross USD 167.92 billion by 2037, expanding at more than 7.3% CAGR during the forecast period i.e., between 2025-2037. Demand for electric vehicle powertrains for retrofitted cars will boost the market growth.
Asia Pacific industry is anticipated to account for largest revenue share of 46% by 2037, propelled by surge in the purchase of electric vehicles owing to their benefits in this region.
The major players in the market are Mercedes Benz, AVID Technology, Revolution Electric Vehicles, EV Source, HSR Motors, UQM Technologies Inc., Magna International Inc., Meritor Inc., Bosch Ltd., and others.
