The market for electric vehicles (EV) is rapidly changing as leading manufacturers debut new products, battery prices drop and government incentives continue around the world. Copper is
essential to EV technology and its supporting infrastructure. The evolving market will have a substantial impact on copper demand.
Copper is Essential to Electric Vehicle Technology
Copper is used throughout electric vehicles, charging stations and supporting infrastructure because of the metal’s durability, high conductivity and efficiency.
While conventional cars have 18-49 pounds of copper, hybrid electric vehicles (HEV) contain approximately 85 pounds, plug-in hybrid electric vehicles (PHEV) use 132 pounds, battery electric
vehicles (BEVs) contain 183 pounds, a hybrid electric bus contains 196 pounds, and a battery electric bus contains 814 pounds, most of which is used in the battery.
Metal Tiger Plc (LON:MTR) is a London Stock Exchange AIM-listed investing company primarily focused on undervalued natural resource opportunities. In Botswana, Metal Tiger has a joint venture project with partner MOD Resources Limited in the Kalahari Copper Belt in Botswana (70% MOD Resources/30% Metal Tiger).