Copper's vital role in powering the EV revolution
The surge in EV adoption propels a remarkable 17% compound annual growth rate in copper demand between 2024 and 2032, driven by its crucial role in EV components, charging infrastructure and autonomous driving systems.
The surging popularity of electric vehicles (EVs) is intricately tied to an escalating demand for copper, marking a transformative trend in the automotive sector. The demand for copper associated with EVs is anticipated to experience a remarkable compound annual growth rate (CAGR), exceeding 17% between 2024 and 2032.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
