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
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