Smart e-Drive for Automotive Market: Overview
A smart e-Drive is an advanced integrated version of the conventional electric drive system. Smart e-Drive uses the battery as a power source and provides direct transmission in the vehicle which makes driving smooth and safe on the road. The smart e-Drive includes a battery, motor generator, electric brake booster, and power booster. It provides efficient driving by saving energy. Daimler AG launched a smart electric drive vehicle that is equipped with smart e-Drive technology.
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Smart e-Drive for Automotive Market: Drivers and Restraints
Rapid increase in demand for electric vehicles is expected to be a key factor that is likely to drive the smart e-Drive for automotive market during the forecast period. Implementation of stringent norms on the automotive industry regarding emission and concerns by global regulatory bodies are also anticipated to augment the smart e-Drive for automotive market. Factors such as weight reduction and space for other applications can be fulfilled by smart e-Drive. Numerous benefit such as high reliability, compact size, higher torque generation, and more built-in functionalities are estimated to boost the smart e-Drive for automotive market during the forecast period. This is expected to provide lucrative opportunities for the automobile industry. Higher cost of the system is anticipated to hamper the smart e-Drive for automotive market.
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