A comprehensive overview of hybrid drivetrain

The global hybrid drivetrain is growing at a significant pace owing to increasing sales of electric and hybrid electric vehicles in China and the US. As major US and China based electric vehicle manufacturers such as Tesla, Inc., BYD Auto Co., Ltd., and BAIC Motor Corporation Limited roll new vehicle models to cater to rising demand for EV and HEV vehicles, the hybrid drivetrain industry is anticipated to thrive in the forecast period. Innovations in battery technology and gradually declining cost of electric batteries is anticipated to have a positive influence on the overall sales of electric vehicles. Implementation of incentives, tax rebatement, and exemption of custom duty on electric and hybrid electric vehicles is expected to have a positive impact on the hybrid drivetrain industry. However the lack of electric vehicle charging charging stations and charging infrastructure may hinder the growth of the EV and HEV markets and subsequently restrain the expansion of the the hybrid drivetrain industry to some extent.

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In addition to the conventional drivetrain components such as transfer box, gearbox, clutch etc. hybrid drivetrains comprise of components such as battery packs, electric motors, power electronics and energy storage systems. They are responsible for transmission of power from the engine or electric motor to the wheel axles. As the global electric and hybrid electric vehicle industry continues to expand in markets of Europe and North America, the demand for hybrid drivetrains is expected to rise.

Some of the key players influencing the market are

Adarin ET, AISIN AW CO., LTD., AVL List GmbH, BAE Systems, Continental AG, Dana TM4, OBRIST Powertrain GmbH, The Danfoss Group, Valeo, ZF Friedrichshafen AG