Powertrain company spin-offs driven by global shift to electrification
Demand for conventional powertrain technology continues to remain high in large parts of the world, enabling companies to maintain income stream while simultaneously working on innovation
The past few years have already seen intense competition and innovation in the automotive powertrain sector magnifying several times over due to challenging market conditions, ever stricter regulatory and environmental policies, and the disruptions in the form of electrification and new players entering the markets across the globe
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