India, Jan. 15 -- TrendForce's latest investigations indicate that total global traction inverter installations for EVs1 reached 8.35 million units in 3Q25, representing a 22% increase YoY, driven by ongoing growth in the NEV2 market. BEVs and PHEVs were the main contributors to this expansion, with installation increases of 36% and 13.6%, respectively.

Automakers are progressively enhancing the integration of chassis electric drive systems to achieve goals for smarter and more efficient EVs. This aims to reduce wiring and hardware costs while bolstering communication efficiency and increasing driving range.

In 3Q25, over 70% of inverter installations were part of "3-in-1" or greater configurations, including components like reducers an...