The North American passenger vehicle industry is approaching an inflection point. The ongoing vehicle power train electrification is expected to accelerate in the wake of the COVID-19 pandemic as policymakers and the entire mobility ecosystem intensify their focus on the sustainability aspects of personal motoring.
New York, Sept. 29, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "North America Plug-in Hybrid and Battery Electric Vehicles Aftermarket Growth Opportunities" - https://www.reportlinker.com/p06153222/?utm_source=GNW
As passenger vehicle electrification progresses, aftermarket participants increasingly agree that the entire value chain’s revenue and profit pools will shrink due to the burgeoning plug-in hybrid electric vehicle (PHEV)/battery electric vehicle (BEV) footprint in the overall light vehicle parc. Against this backdrop, Frost & Sullivan identifies business models and component categories expected to emerge as new demand pockets for incumbents and new entrants in the North American automotive aftermarket.
Read the full report: https://www.reportlinker.com/p06153222/?utm_source=GNW
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