Jabil Publishes New EV Powertrain Research

The mass adoption of electric vehicles is happening at a greater speed than most anticipated. In the last 12 months alone, S&P have adjusted its 2025 EV Share of Global production from 20% to 30%. And, despite the economic climate in many countries, EY research states that 52% of global consumers are looking to buy an electric vehicle for their next car purchase.

As the industry is faced with the important task of mainstreaming electric vehicles (EV) to meet regulatory and consumer demands, there remains a fluidity in the industry around who will drive powertrain innovation and how this technology will be brought to market at an economically acceptable cost to consumers.

In Jabil and SIS International Research’s 2022 Electric Vehicle Powertrain survey, we asked more than 200 decision-makers from leading global automakers and commercial vehicle manufacturers about the factors driving innovation in EV powertrain technology and the remaining risks — and associated solutions — enabling mass adoption.

Key findings include:

  • The average development cycle for EV powertrain technology is 24–30 months.
  • 73% believe that new EV market entrants will lead EV powertrain technology innovation.
  • Cost was identified as the main driver of EV powertrain innovation.
  • Batteries and charging offer the most potential for innovation but also pose the most risk to mass adoption.
  • 68% of respondents are considering the physical integration of powertrain components or modules within the next five to 10 years.
  • Growing in-house design powertrain design capabilities is a priority for vehicle manufacturers.

SOURCE: Jabil blog 

 

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