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Electric vehicles (EV) are contributing to a cleaner, safer and more energy-efficient environment. Powering this sustainable technology is copper, used for its durability, superior electrical conductivity and reliability.

Copper is a major component in EVs used in electric motors, batteries, inverters, wiring and in charging stations.

Currently, A pure electric vehicle can contain more than a mile of copper wiring in its stator windings.

Some of the stats that pick interest on why copper is essential part in electrical vehicles:

• In 2016, the number of electric vehicles increased to 2 million globally.
• Annual sales of PEVs will exceed 1 million vehicles in 2023, reaching more than 7 percent of annual sales by 2025.
• About 5 million charge ports will be required to support them.
• In 2016, the estimated amount of copper used in all electric vehicles was nearly 26 million pounds.
• In the U.K., Prime Minister Boris Johnson announced plans to stop the sale of new diesel and gasoline vehicles by 2030.
• Israel has announced they will also phase out fossil-fuel vehicles by 2030
• Norway plans to remove traditional gasoline powered vehicles from the road by 2025.
• Wood Mackenzie estimates by 2030, there will be over 20 million EV charging points globally, consuming 250% more copper than in 2019.

Infographic on Copper Role in Electric Vehicles and Why It is Important?

Key Takeaways:

The increasing demand will significantly impact the copper market. The demand for copper due to electric vehicles is expected to increase by 1,700 kilotons by 2027.

For more information or requirement of copper chemical, contact us!