At 28.4% CAGR, Electric Commercial Vehicle Traction Motor Market Size to Surpass USD 15032.13 Million by 2032| Polaris Market Research [Yahoo! Finance]
Allison Transmission Holdings, Inc. (ALSN)
Last allison transmission holdings, inc. earnings: 2/19 04:05 pm
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Source: Yahoo! Finance
New York, USA, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Market Outlook: The electric commercial vehicle traction motor market size was evaluated at USD 1,590.22 million in 2023. The market is expected to grow from USD 2,039.15 million in 2024 to USD 15,032.13 million by 2032, showcasing a CAGR of 28.4% between 2024–2032. Market Overview: What are Electric Commercial Vehicle Traction Motors? An electric vehicle traction motor is a specialized type of motor that is designed specifically to provide propulsion in vehicles such as electric vehicles (EVs), trains, and hybrid electric vehicles (HEVs). It provides the required traction to power the movements of the vehicle by delivering the torque to drive the axles or wheels of the vehicle. In vehicles such as EVs and HEVs, the traction motor often plays the role of the only source of propulsion, and it acts as an essential part of the powertrain of an electric car and is in charge of providing the torque and power required by the vehicl
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News
- Allison Transmission Holdings, Inc. (NYSE: ALSN) had its price target raised by analysts at Citigroup Inc. from $115.00 to $125.00. They now have a "neutral" rating on the stock.MarketBeat
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ALSN
Earnings
- 10/29/24 - Beat
ALSN
Sec Filings
- 11/19/24 - Form 4
- 11/15/24 - Form 144
- 11/12/24 - Form 4
- ALSN's page on the SEC website