Higher adoption of electric vehicles will foster aluminium consumption as average per vehicle aluminium content increases, said Hydro.
In Europe 45 new electric vehicle models are scheduled to be launched in 2020, estimated Sigve J. Aasebo, senior advisor, Norwegian Public Roads Administration. Increased adoption of electric cars is expected to drive aluminium consumption in the region, as electric and plugin hybrid vehicles use significantly more aluminium than other cars.
Electric vehicle growth will foster a further increase in the average aluminium content per vehicle, Norwegian aluminium company Hydro’s spokesperson told Davis Index. The amount of aluminium used in cars will increase to 200kg per vehicle in 2025, from the present 179kg per vehicle, according to a European study. The study also points to electrification as one of the drivers for the growth of the aluminium content in all product forms, including vehicles. The metal will be used not only in the manufacture of battery boxes and electric motor housings but also body closures and body structures because of its lightweight nature.