E-mobility and Transportation
The fossil fuels scarcity, as well as the environmental problems associated with their wide usage, will most likely involve the extensive use of Electric Vehicles.
Overview
E-Mobility and transportation solutions are being developed to help people move around cities efficiently and safely. In the past, economic analyses of EVs to date have not been favorable, largely due to high battery cost, short driving range, long charging times, and limited recharging infrastructure. However, recent advances in technology support that driving range can be extended, charging time shortened, and battery cost lowered. Due to these facts, the adoption of electric vehicles is projected to increase throughout the world.
There is increasing awareness about climate change and energy security, governments worldwide are introducing regulations and mandates, many of which target net-zero greenhouse gas emissions, these factors drive electric vehicle (EV) adoption as a priority. Currently, electric vehicles, autonomous vehicles, and new information and communications technologies in the transportation ecosystem are bringing the world a major transformation that could dramatically reduce traditional transportation energy use.
Advances in battery technology and environmental concerns have stimulated a renewed interest in electric vehicle’s further development. Therefore, copper demand will be substantially impacted by this growing market trend in the near future.
Copper suitably meets the requirement of the electric vehicle market because of its durability, malleability, reliability, superior electrical conductivity, excellent strength and corrosion resistance. Generally, various types of copper will be used in EVs such as batteries, windings, and copper rotors used in electric motors, busbars used in power distribution units and charging infrastructure.
Oriental copper, we are actively involving in this growing market segment by supplying our copper solutions for battery connectors, IGBT, cold plate, heat-sink, and high voltage junction boxes in power distribution units.
In sum, due to environmental concerns, the development of electric vehicles is expected to increase further, value copper can deliver for the global economy by facilitating the reduction of traditional energy consumption. It’s our mission to continuously develop our copper products solutions to meet the requirement in this mega transition.
For more information about market solutions we offer in E-mobility and transportation industry, please click “Talk to our expert “or check more details of related products and applications.
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26 June 2021
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