Printed Electronics World
Mar 7, 2024
Linking Car Electrification, Battery Chemistries, and Copper Demand
Copper is a critical material in the manufacturing of all vehicles, regardless of whether they are powered by gas, diesel, electricity, hydrogen, or even liquid natural gas (LNG). The demand for copper from the automotive industry was just over 3MT (1MT = 1 billion kilograms) in 2023 but is set to increase to 5MT in 2034.