Global Electric Corner Module Market, Growth Opportunities, 2021
(MENAFN- GlobeNewsWire - Nasdaq) New York, Nov. 26, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report 'Global Electric Corner Module Market, Growth Opportunities, 2021' -
With ECMs, the number of participants in the EV market is expected to increase because these modules can reduce capital expenditure (CAPEX).In addition, the time to market could be reduced by using ECMs, possibly accelerating the process of taking the vehicle from the drawing board to production.
From the vehicle perspective, ECMs are classified as partial and pure based on the location of the steering system.This report focuses on the drivers and restraints for ECMs and on the expected new business models in the automotive industry.
Furthermore, the report touches on the benefits of having an ECM, such as the integration of drive-by-wire systems and the possible reduction in the total cost of ownership for fleet operators.
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