Frost & Sullivan recently released a study on the global powertrain scenario. Aimed at ascertaining the global push and pull for efficient powertrains, the report - Global Powertrain Outlook, 2020, maps the supply side and demand side trends and the tangible impact on the preference of powertrains. Drawing attention to the electric and hybrid vehicles gaining traction in developed nations, the study pinpoints the lack of penetration in niche markets like India, Eastern Europe and Asia-Pacific. Averred Naga Karthik Voruganti, Research Analyst, Automotive & Transportation at Frost & Sullivan, “The growth opportunities in key regional markets will vary considerably.”
OEM focus
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