DETROIT—As electric vehicles continue to enter the mass market, aluminum demand will grow through the end of the decade, claims a new study conducted by Ducker Carlisle Worldwide LLC. The “2023 North American Light Vehicle Aluminum Content and Outlook” report, released by the Aluminum Association, indicates that demand for more sustainable transportation will help drive an increase in market share for aluminum content by nearly 100 net pounds per vehicle from 2020 to 2030.
Aluminum growth will be driven by EV components such as battery housings, e-motors and drives, door sills and rockers.