Copper demand from auto industry expected to double as EVs ramp up

By Paul Homewood 

 

 There are major concerns about supplies of cobalt and lithium in our new electric car world. But another problem could arise with copper:

 

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https://seekingalpha.com/amp/news/3677201-copper-demand-from-auto-industry-expected-to-double-as-evs-ramp-up

 

Projections by the Committee on Climate Change consistently assume that EVs come down in price below conventional vehicles, as economies of scale bite.

However there has been no sign of this so far, hence the need for obscene taxpayer subsidies. Given potential shortages of minerals, price cuts look further away than ever.

via NOT A LOT OF PEOPLE KNOW THAT

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April 14, 2021 at 04:21AM

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