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Demand for lightweight electric vehicles to boost growth of global aluminum

20 Apr 2018 15:05 reported by Tim Chen

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The Aluminium 2018 was held in Düsseldorf, Germany. At the conference, the aluminum industry in various countries expressed the aluminum industries would benefit from the demand for lightweight electric vehicles that was currently actively developing for further expanded demand.

According to Emilio Braghi, president of Novelis aluminum company, the auto industry would rely more and more on aluminum processing market, mainly due to the demand for lighter weight of electric vehicles, which resulted in longer driving distances by the same battery capacity.

Nunzio Cuppoletta, from Hydro Extruded Solutions, believed that the demand and consumption of electric vehicles were expected to increase for the aluminum processing market. However, due to the low degree of dispersion in the market, competition would be fierce. He added that the growth of aluminum demand indicated that companies planned to develop the aluminum industry.