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Reducing the cost of electric vehicles (EVs) while maintaining performance and drivability is the most significant hurdle to EVs' scalability and mass adoption. Put simply, OEMs are struggling to offer a mass-market EV that is similar to an ICE-equipped car in its performance (speed, range, torque, driving experience, etc.) and its price. To meet the performance curve of traditional vehicles, OEMs and Tier 1 suppliers must resort to over-spec motors, two motors, or weighty and costly batteries. With limited performance and often low reliability, lower-cost vehicles serve only a niche (urban mobility) market, not suitable for mass adoption. Without sacrificing performance and drivability, OEMs cannot bring down the cost and stand to lose a significant share of the automotive market – the affordable EV. Current government incentives aimed at speeding up the adoption of EVs by subsidizing costs are unsustainable in the long term. Without a significant change to the efficiency of their components, EVs will remain