The electrification trend in the global automotive industry was initially centered on BEVs, along with the shift to Zero Emission Vehicles (ZEVs), which are required to comply with environmental regulations in various countries.

However, with the exception of China, demand for BEVs has slowed in major markets, and major OEMs are focusing on the practical route, so the global trend toward BEVs has fallen short of initial forecasts.
On the other hand, various electrification solutions, including not only BEVs but also conventional HEVs and PHEVs, are once again attracting attention, and there is a clear movement to successfully attract real market demand.

OEMs and Tier 1s, which have been making large investments in the future centered on BEVs, are said to be making various efforts, such as revising their strategies to multi-pathways and effectively utilizing eAxle-related facilities in which they have already invested.
In China, eAxle lines that were originally developed for BEVs are now being used for PHEVs and range extender EVs (EREVs or REEVs), and a number of manufacturers are utilizing eAxle resources in the deployment of P0, P1, P2 type + P4 HEV systems. The eAxle is being used by a number of manufacturers to deploy P0, P1, P2 type + P4 HEV systems.

While the slowdown in the BEV market has reduced the priority of eAxle in the industry, eAxle continues to occupy an important position as the electrification solution of the future,
It also plays an important role in the transformation of electric/electronic (E/E) architectures that will be driven by the shift to software-defined vehicles (SDVs), and is positioned as one of the core components.