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eAxle Electric Vehicle Components Supply Chain and Competitive Landscape
The trend toward electrification in the global automotive industry was initially centered on BEVs, along with a shift to Zero Emission Vehicles (ZEVs), due to the need to comply with environmental regulations in various countries.
However, since 2023, the global trend toward BEVs has fallen short of initial forecasts due to a slowdown in demand for BEVs in all major markets except China, as well as moves by major OEMs to focus on the practical side of the market.
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 trend toward successfully attracting real market demand.
Under these circumstances, OEMs and Tier 1s, which have been making large investments in the future centered on BEVs, are said to be making various efforts, including effective use of eAxle-related facilities in which they have already invested, as well as modifying their strategies to shift to multi-pathways.
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 for 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 in this transformation.