Traction Motors – Technology and supply chain analysis

Electric motors are the cornerstone of electric vehicles (EVs), converting electrical energy into mechanical power with high efficiency, instant torque, and low maintenance requirements. Their performance directly influences vehicle range, acceleration, energy consumption, and overall driving experience, making them critical to the mass adoption of EVs. The most widely used traction motor types include permanent magnet synchronous motors (PMSMs), induction motors (IMs), and wound rotor synchronous motors (WRSMs), each offering distinct advantages in terms of efficiency, cost, power density, and material dependence, enabling automakers to address diverse vehicle and market requirements.

The report aims to study commercially available traction motor technologies, structural categories, topologies and types. It also analyses traction motor demand by type, propulsion system and key market regions worldwide. It presents regional demand and production analysis of eAxle and non-eAxle systems across key markets globally. The report also attempts to study the electric motor supply chain dynamics to highlight overarching trends and patterns across key geographies. The report is based on Mobility Global forecast data for electric motors as of June 15, 2026.