Germany electric vehicle motor market is anticipated to grow at a CAGR of more than 20% during the forecast period, 2019-2025. The country is a major automotive manufacturer globally and was the largest EV market in Europe in 2019. Moreover, various auto ancillary companies have their headquarters in the country including Continental AG, Robert Bosch GmbH, ZF TRW Automotive Holdings Corp., Siemens AG among others.
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