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Automotive Retrofit Electric Vehicle Powertrain-Global Market Insights and Sales Trends 2025

Automotive Retrofit Electric Vehicle Powertrain-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1881556

No of Pages : 111

Synopsis
Retrofitting an old vehicle into an electric vehicle is a new way to reduce pollution and promote zero-emission. Retrofit electric vehicles include replacement of the engine and fuel tank with a battery and battery charger, respectively.Retrofitted electric vehicles do not require gears and can travel up to 150km on a single charge. According to Central Motor Vehicle Rule, 1989, of India, the conversion of engine powered vehicles into pure electric operation with fitment of electric kit would be permitted if the vehicle was manufactured on or after January 1, 1990.
The global Automotive Retrofit Electric Vehicle Powertrain market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Retrofit Electric Vehicle Powertrain in various end use industries. The expanding demands from the Passenger Vehicles and Commercial Vehicles, are propelling Automotive Retrofit Electric Vehicle Powertrain market. Electric Motor, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the High Voltage Battery segment is estimated at % CAGR for the next seven-year period.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Retrofit Electric Vehicle Powertrain, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Retrofit Electric Vehicle Powertrain market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Retrofit Electric Vehicle Powertrain market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Retrofit Electric Vehicle Powertrain sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Retrofit Electric Vehicle Powertrain covered in this report include Continental AG, ETrio, Bharat Mobi, Robert Bosch GmbH, Rexnamo Electro Pvt Ltd, Altigreen, BorgWarner(Delphi Technologies), Mando Corporation and Johnson Electric Holdings Ltd, etc.
The global Automotive Retrofit Electric Vehicle Powertrain market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Continental AG
ETrio
Bharat Mobi
Robert Bosch GmbH
Rexnamo Electro Pvt Ltd
Altigreen
BorgWarner(Delphi Technologies)
Mando Corporation
Johnson Electric Holdings Ltd
Mitsubishi Electric
Magna International Inc
Hitachi Ltd
Eco-conversions
Electric Vehicles of America
EV-Blue
EV Source
Green Motors Inc
Global Automotive Retrofit Electric Vehicle Powertrain market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Retrofit Electric Vehicle Powertrain market, Segment by Type:
Electric Motor
High Voltage Battery
Controller
On Board Charger
Others (Transmission System)
Global Automotive Retrofit Electric Vehicle Powertrain market, by Application
Passenger Vehicles
Commercial Vehicles
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Automotive Retrofit Electric Vehicle Powertrain companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index
1 Market Overview of Automotive Retrofit Electric Vehicle Powertrain
1.1 Automotive Retrofit Electric Vehicle Powertrain Market Overview
1.1.1 Automotive Retrofit Electric Vehicle Powertrain Product Scope
1.1.2 Automotive Retrofit Electric Vehicle Powertrain Market Status and Outlook
1.2 Global Automotive Retrofit Electric Vehicle Powertrain Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Automotive Retrofit Electric Vehicle Powertrain Market Size by Region (2018-2029)
1.4 Global Automotive Retrofit Electric Vehicle Powertrain Historic Market Size by Region (2018-2023)
1.5 Global Automotive Retrofit Electric Vehicle Powertrain Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Automotive Retrofit Electric Vehicle Powertrain Market Size (2018-2029)
1.6.1 North America Automotive Retrofit Electric Vehicle Powertrain Market Size (2018-2029)
1.6.2 Europe Automotive Retrofit Electric Vehicle Powertrain Market Size (2018-2029)
1.6.3 Asia-Pacific Automotive Retrofit Electric Vehicle Powertrain Market Size (2018-2029)
1.6.4 Latin America Automotive Retrofit Electric Vehicle Powertrain Market Size (2018-2029)
1.6.5 Middle East & Africa Automotive Retrofit Electric Vehicle Powertrain Market Size (2018-2029)
2 Automotive Retrofit Electric Vehicle Powertrain Market by Type
2.1 Introduction
2.1.1 Electric Motor
2.1.2 High Voltage Battery
2.1.3 Controller
2.1.4 On Board Charger
2.1.5 Others (Transmission System)
2.2 Global Automotive Retrofit Electric Vehicle Powertrain Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Automotive Retrofit Electric Vehicle Powertrain Historic Market Size by Type (2018-2023)
2.2.2 Global Automotive Retrofit Electric Vehicle Powertrain Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Automotive Retrofit Electric Vehicle Powertrain Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Automotive Retrofit Electric Vehicle Powertrain Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Automotive Retrofit Electric Vehicle Powertrain Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Automotive Retrofit Electric Vehicle Powertrain Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Automotive Retrofit Electric Vehicle Powertrain Revenue Breakdown by Type (2018-2029)
3 Automotive Retrofit Electric Vehicle Powertrain Market Overview by Application
3.1 Introduction
3.1.1 Passenger Vehicles
3.1.2 Commercial Vehicles
3.2 Global Automotive Retrofit Electric Vehicle Powertrain Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Automotive Retrofit Electric Vehicle Powertrain Historic Market Size by Application (2018-2023)
3.2.2 Global Automotive Retrofit Electric Vehicle Powertrain Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Automotive Retrofit Electric Vehicle Powertrain Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Automotive Retrofit Electric Vehicle Powertrain Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Automotive Retrofit Electric Vehicle Powertrain Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Automotive Retrofit Electric Vehicle Powertrain Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Automotive Retrofit Electric Vehicle Powertrain Revenue Breakdown by Application (2018-2029)
4 Automotive Retrofit Electric Vehicle Powertrain Competition Analysis by Players
4.1 Global Automotive Retrofit Electric Vehicle Powertrain Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Retrofit Electric Vehicle Powertrain as of 2022)
4.3 Date of Key Players Enter into Automotive Retrofit Electric Vehicle Powertrain Market
4.4 Global Top Players Automotive Retrofit Electric Vehicle Powertrain Headquarters and Area Served
4.5 Key Players Automotive Retrofit Electric Vehicle Powertrain Product Solution and Service
4.6 Competitive Status
4.6.1 Automotive Retrofit Electric Vehicle Powertrain Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Continental AG
5.1.1 Continental AG Profile
5.1.2 Continental AG Main Business
5.1.3 Continental AG Automotive Retrofit Electric Vehicle Powertrain Products, Services and Solutions
5.1.4 Continental AG Automotive Retrofit Electric Vehicle Powertrain Revenue (US$ Million) & (2018-2023)
5.1.5 Continental AG Recent Developments
5.2 ETrio
5.2.1 ETrio Profile
5.2.2 ETrio Main Business
5.2.3 ETrio Automotive Retrofit Electric Vehicle Powertrain Products, Services and Solutions
5.2.4 ETrio Automotive Retrofit Electric Vehicle Powertrain Revenue (US$ Million) & (2018-2023)
5.2.5 ETrio Recent Developments
5.3 Bharat Mobi
5.3.1 Bharat Mobi Profile
5.3.2 Bharat Mobi Main Business
5.3.3 Bharat Mobi Automotive Retrofit Electric Vehicle Powertrain Products, Services and Solutions
5.3.4 Bharat Mobi Automotive Retrofit Electric Vehicle Powertrain Revenue (US$ Million) & (2018-2023)
5.3.5 Robert Bosch GmbH Recent Developments
5.4 Robert Bosch GmbH
5.4.1 Robert Bosch GmbH Profile
5.4.2 Robert Bosch GmbH Main Business
5.4.3 Robert Bosch GmbH Automotive Retrofit Electric Vehicle Powertrain Products, Services and Solutions
5.4.4 Robert Bosch GmbH Automotive Retrofit Electric Vehicle Powertrain Revenue (US$ Million) & (2018-2023)
5.4.5 Robert Bosch GmbH Recent Developments
5.5 Rexnamo Electro Pvt Ltd
5.5.1 Rexnamo Electro Pvt Ltd Profile
5.5.2 Rexnamo Electro Pvt Ltd Main Business
5.5.3 Rexnamo Electro Pvt Ltd Automotive Retrofit Electric Vehicle Powertrain Products, Services and Solutions
5.5.4 Rexnamo Electro Pvt Ltd Automotive Retrofit Electric Vehicle Powertrain Revenue (US$ Million) & (2018-2023)
5.5.5 Rexnamo Electro Pvt Ltd Recent Developments
5.6 Altigreen
5.6.1 Altigreen Profile
5.6.2 Altigreen Main Business
5.6.3 Altigreen Automotive Retrofit Electric Vehicle Powertrain Products, Services and Solutions
5.6.4 Altigreen Automotive Retrofit Electric Vehicle Powertrain Revenue (US$ Million) & (2018-2023)
5.6.5 Altigreen Recent Developments
5.7 BorgWarner(Delphi Technologies)
5.7.1 BorgWarner(Delphi Technologies) Profile
5.7.2 BorgWarner(Delphi Technologies) Main Business
5.7.3 BorgWarner(Delphi Technologies) Automotive Retrofit Electric Vehicle Powertrain Products, Services and Solutions
5.7.4 BorgWarner(Delphi Technologies) Automotive Retrofit Electric Vehicle Powertrain Revenue (US$ Million) & (2018-2023)
5.7.5 BorgWarner(Delphi Technologies) Recent Developments
5.8 Mando Corporation
5.8.1 Mando Corporation Profile
5.8.2 Mando Corporation Main Business
5.8.3 Mando Corporation Automotive Retrofit Electric Vehicle Powertrain Products, Services and Solutions
5.8.4 Mando Corporation Automotive Retrofit Electric Vehicle Powertrain Revenue (US$ Million) & (2018-2023)
5.8.5 Mando Corporation Recent Developments
5.9 Johnson Electric Holdings Ltd
5.9.1 Johnson Electric Holdings Ltd Profile
5.9.2 Johnson Electric Holdings Ltd Main Business
5.9.3 Johnson Electric Holdings Ltd Automotive Retrofit Electric Vehicle Powertrain Products, Services and Solutions
5.9.4 Johnson Electric Holdings Ltd Automotive Retrofit Electric Vehicle Powertrain Revenue (US$ Million) & (2018-2023)
5.9.5 Johnson Electric Holdings Ltd Recent Developments
5.10 Mitsubishi Electric
5.10.1 Mitsubishi Electric Profile
5.10.2 Mitsubishi Electric Main Business
5.10.3 Mitsubishi Electric Automotive Retrofit Electric Vehicle Powertrain Products, Services and Solutions
5.10.4 Mitsubishi Electric Automotive Retrofit Electric Vehicle Powertrain Revenue (US$ Million) & (2018-2023)
5.10.5 Mitsubishi Electric Recent Developments
5.11 Magna International Inc
5.11.1 Magna International Inc Profile
5.11.2 Magna International Inc Main Business
5.11.3 Magna International Inc Automotive Retrofit Electric Vehicle Powertrain Products, Services and Solutions
5.11.4 Magna International Inc Automotive Retrofit Electric Vehicle Powertrain Revenue (US$ Million) & (2018-2023)
5.11.5 Magna International Inc Recent Developments
5.12 Hitachi Ltd
5.12.1 Hitachi Ltd Profile
5.12.2 Hitachi Ltd Main Business
5.12.3 Hitachi Ltd Automotive Retrofit Electric Vehicle Powertrain Products, Services and Solutions
5.12.4 Hitachi Ltd Automotive Retrofit Electric Vehicle Powertrain Revenue (US$ Million) & (2018-2023)
5.12.5 Hitachi Ltd Recent Developments
5.13 Eco-conversions
5.13.1 Eco-conversions Profile
5.13.2 Eco-conversions Main Business
5.13.3 Eco-conversions Automotive Retrofit Electric Vehicle Powertrain Products, Services and Solutions
5.13.4 Eco-conversions Automotive Retrofit Electric Vehicle Powertrain Revenue (US$ Million) & (2018-2023)
5.13.5 Eco-conversions Recent Developments
5.14 Electric Vehicles of America
5.14.1 Electric Vehicles of America Profile
5.14.2 Electric Vehicles of America Main Business
5.14.3 Electric Vehicles of America Automotive Retrofit Electric Vehicle Powertrain Products, Services and Solutions
5.14.4 Electric Vehicles of America Automotive Retrofit Electric Vehicle Powertrain Revenue (US$ Million) & (2018-2023)
5.14.5 Electric Vehicles of America Recent Developments
5.15 EV-Blue
5.15.1 EV-Blue Profile
5.15.2 EV-Blue Main Business
5.15.3 EV-Blue Automotive Retrofit Electric Vehicle Powertrain Products, Services and Solutions
5.15.4 EV-Blue Automotive Retrofit Electric Vehicle Powertrain Revenue (US$ Million) & (2018-2023)
5.15.5 EV-Blue Recent Developments
5.16 EV Source
5.16.1 EV Source Profile
5.16.2 EV Source Main Business
5.16.3 EV Source Automotive Retrofit Electric Vehicle Powertrain Products, Services and Solutions
5.16.4 EV Source Automotive Retrofit Electric Vehicle Powertrain Revenue (US$ Million) & (2018-2023)
5.16.5 EV Source Recent Developments
5.17 Green Motors Inc
5.17.1 Green Motors Inc Profile
5.17.2 Green Motors Inc Main Business
5.17.3 Green Motors Inc Automotive Retrofit Electric Vehicle Powertrain Products, Services and Solutions
5.17.4 Green Motors Inc Automotive Retrofit Electric Vehicle Powertrain Revenue (US$ Million) & (2018-2023)
5.17.5 Green Motors Inc Recent Developments
6 North America
6.1 North America Automotive Retrofit Electric Vehicle Powertrain Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Automotive Retrofit Electric Vehicle Powertrain Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Automotive Retrofit Electric Vehicle Powertrain Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Automotive Retrofit Electric Vehicle Powertrain Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Automotive Retrofit Electric Vehicle Powertrain Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Automotive Retrofit Electric Vehicle Powertrain Market Dynamics
11.1 Automotive Retrofit Electric Vehicle Powertrain Industry Trends
11.2 Automotive Retrofit Electric Vehicle Powertrain Market Drivers
11.3 Automotive Retrofit Electric Vehicle Powertrain Market Challenges
11.4 Automotive Retrofit Electric Vehicle Powertrain Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List

Published By : QY Research

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