Author: Paul Ploumis
21 Oct 2014 Last updated at 05:31:22 GMT
BEIJING (Scrap Monster): The world’s largest producer of carbon fumes, China, has decided on promoting electric cars by replacing about 30 percent of the government vehicles with a new electric power charged vehicles, with an agenda of reducing the rate of air pollution and also conserving the resources.
The present estimation of the demand of aluminum, based on the production of cars in China, South Korea and Japan, is likely 50,000 metric tones, and there is now a chance of 30 percent hike in aluminum demand, for as long as next decade, stated the President of Novelis, Shashi Maudgal.
He also stated that, China, is now under a strong determination to increase the production and usage of electric based cars. If the government decides on using this plan all over the country, then the demand will increase over 30 percent.
Today the company, is inaugurating its brand new aluminum plant in china, located in Changzhou, which is situated about 180 kilometers away from Shanghai. The new aluminum plant is expected to produce about 120,000 tonnes, of aluminum auto body sheets.
Whether the company has already fixed their customers, or are in communication regarding the supply are still unknown. Anyway the expected car companies in the list are SAIC Motor Corp and Chery Jaguar Land Rover Automotive Company Limited.