2 Way speakers usually contain two components in the speaker one is woofer and another is a tweeter, the woofer is used to produce low-frequency sound and tweeter produce high tweet sound. these speakers are common and create a balanced high-quality sound.
3 Way car speakers also called tri-axle speakers has one woofer, tweeter, and an additional midrange component. Midrange controls the overall performance and produces a balanced frequency of sound in speaker. This frequency balance makes the sound more natural to the human ear.