The modules that make up the propulsion system of EVs each come with a unique set of thermal energy management challenges. The performance and component life of the EV battery, E-motors and Power electronics are all significantly influenced by the operating temperatures. The propulsion thermal management system must be designed with the requirement of each specific component and to maintain the temperatures of the modules within the optimum range.
The quest for improved driving range/efficiency means that high range powerful batteries, complex control electronics and high capacity motors are being commonly used in the new generation EVs - requiring a shift away from simple thermal management solutions. Going forward integrated thermal management systems is expected to be the preferred and the trend is already visible with several of the new generation EVs incorporating this approach to maximize driving range and enhance passenger comfort. The increased usage and evolving technology landscape is expected to provide a significant impetus for the additional demand for high-value components and control systems.
This report provides an understanding of the Electric vehicle propulsion system - thermal management component technology and market trends for light electric vehicles, an in-depth demand outlook, and an overview of the main players and market drivers—on both global and regional levels.
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