SHANGHAI, Sept. 18 (SMM) - Copper consumption by the new energy vehicle industry will grow in the future, said Zhou Sheng, International Copper Association’s China-based president.
Morgan Stanley: Fundamentals Not Good Enough to Keep Copper Price above $6,600
China’s new energy vehicle output will reach 2 million by 2020. Each vehicle will weigh 40-50 kg, and the weight of high-end new energy vehicle will reach almost 100 kg, depending on battery and motor power.
ICA: Construction Industry Takes a Lion’s Share in Copper Consumption
The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
For queries, please contact William Gu at williamgu@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn