RETech Article:
Copper Drives EVs
The clean transport sector also consumes lots of copper. In fact, the metal is used in every major EV component, from the motor to the inverter and the electrical wiring.
While an average gasoline-powered car uses about 20 kg of copper, mainly as wiring, a fully electric car has roughly 80 kg of copper. Therefore, copper demand for EV batteries alone is expected to jump from 210K tonnes in 2020 to 1.8M tonnes in 2030.
But demand for the metal won’t just come from the cars themselves. Copper used for EV charging stations is also expected to rise more than 1,000% by 2030, compared to 2020.
Now look at LUCID LCID Premarket up 4.58 $ since close yesterday At 61$ now.// CUU should go like that soon. Happy ThanksGiving.
PS
| Close Prices Last 3 Months |
Price/volumes not adjusted for restructures |
| Date |
Ex |
Sym |
Open |
High |
Low |
Close |
Chg |
Vol |
#Tr |
Bid |
Ask |
| 2021-11-16 |
Q |
LCID |
49.93 |
55.68 |
46.5086 |
55.52 |
10.64 |
248,039,333 |
1,551,488 |
58.15 |
58.20 |
| 2021-11-15 |
Q |
LCID |
44.60 |
46.14 |
43.41 |
44.88 |
0.95 |
76,919,023 |
493,457 |
45.27 |
45.30 |
