IDTechEx predicts over 140 million electric motors will be required per year by 2036 to power the growing electric vehicle (EV) market. This market is continuing to evolve in terms of technology, with an increased interest in rare earth free motors, increasing power density, and efficiency, and attempting to reduce costs.

As China controls the vast majority of rare earth supply, there is increasing focus on players to localize their supply chain to avoid price volatility as geopolitical scenarios play out. This has seen motor manufacturers and OEMs investigate reduction and elimination of heavy and light rare earths through developments such as externally exicted synchronous motors (EESM), motors with ferrite magnets, and other alternative rare earth free motor topologies. This presentation aims to cover some key trends in the automotive electric motor market in terms of alternatives to rare earth motors, and will take a look at emerging technologies in the form of axial flux, and in-wheel motors.

This presentation will include:

• Current market landscape for electric motor technologies and performance in the automotive market

• Approaches taken for rare earth free motors and their market status

• Axial flux and in-wheel motor advantages, challenges, and market progress

• An outlook for the future market of electric motors