- Write by:
-
Sunday, October 16, 2022 - 14:31:24
-
518 Visit
-
Print
Mining News Pro - New technologies in battery electric and hybrid vehicles and autonomous driving systems are expected to add an annual 344,000 tonnes of demand over the next decade.
According to Mining News Pro - New research commissioned by the International Copper Association (ICA) reveals demand for copper in the wire harness in the light-duty automotive industry is expected to grow to more than 1.7 million annual tonnes of copper by 2025, a 14% increase from today’s levels.
New technologies in battery electric and hybrid vehicles and autonomous driving systems are expected to add an annual 344,000 tonnes of demand over the next decade.
The shift to autonomous driving is expected to increase a vehicle’s copper content by around 2kg (4.5lb) as copper’s conductivity (second only to that of silver) makes it the ideal material for the high-speed data wires needed for cameras, short-range and long-range radar, lidar and sensors for advanced driver assistance systems.
The research, conducted by Martec Group, found that while some original equipment manufacturers and suppliers are testing aluminum in place of copper in the wire harness, the overall level of substitution will remain minimal.
Trends toward fuel economy regulation, weight reduction and miniaturisation are expected to drive demand for copper in favour of aluminum, which has roughly 60% of the conductivity of copper. Martec points out that aluminum bus bars are a threat to copper wire harnesses within the battery pack, “but still have plenty of downfalls compared to the reliability of copper.”
The contribution of EVs to overall demand will rise to 36% through 2032 while SUVs share of demand will average 1.1 million tonnes per year between 2022 and 2032, based on copper weight per unit and production forecast volumes.
Short Link:
https://www.miningnews.ir/En/News/622273
Top copper producer Codelco reported a decline in quarterly output due to lower quality ore at its aging Chilean mines — ...
Brazil’s Corumba region could more than double iron ore shipments through neighboring Uruguay this year if there is ...
When former boss Mark Cutifani left Anglo American Plc in mid-April 2022, things had rarely looked better for the ...
Chile President Gabriel Boric said on Thursday he is targeting an increase in the country’s annual copper output by 1 ...
Brazilian miner Vale SA sees no impact from BHP Group’s bid for Anglo American on the latter’s Minas-Rio project, its ...
Copper miner Antofagasta Plc is holding meetings with investors this week for its first dollar bond offering in nearly ...
Iron ore futures were poised for a third straight weekly rise as prices largely consolidated gains on Friday, with ...
China’s Tianqi Lithium said on Thursday it has formally requested that a proposed joint venture between lithium company ...
Copper needs to reach $12,000 a ton — a 20% jump from this week’s high — to incentivize large-scale investments in new ...
No comments have been posted yet ...