【SMM Aluminum Industry Conference | Lightweighting requirements drive the demand for automotive profiles to rise】SMM: The Ministry of Industry and Information Technology's "Roadmap for Energy-saving and New Energy Vehicle Technologies" proposes a substantial increase in the use of aluminum for automotive lightweighting standards, with targets of 250kg/vehicle and 350kg/vehicle in 2025 and 2030 respectively. In recent years, with the increasing penetration of domestic new energy vehicles, the use of aluminum in the automotive industry has shown positive growth. According to SMM's calculations, the total domestic aluminum consumption for transportation will increase by approximately 8.5% year-on-year in 2024.
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