Yes, electric vehicles have transmissions, but unlike the multi-gear units you'll find in internal-combustion cars, most EVs use a single-speed (aka direct-drive) unit to step down a motor's output before it reaches the wheels. Exceptions to this rule include the Porsche Taycan and its Audi e-tron GT cousin, which, in addition to using a single-speed transmission upfront, employ a two-speed gearbox on the rear axle to go faster and be more efficient on the highway.