Why Copper is Intrinsically Linked to the EVs story
Mining investment news, insights, and company profiles
Subscribe
About
121 Mining Investment
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Analysis
  • Explainers
  • Company Profiles
  • Assay TV
    • CEO Interviews
    • Mining Masters: Inside Investment Strategies
    • Investor Panels & Presentations
  • Magazine
  • Contribute
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Analysis
  • Explainers
  • Company Profiles
  • Assay TV
    • CEO Interviews
    • Mining Masters: Inside Investment Strategies
    • Investor Panels & Presentations
  • Magazine
  • Contribute
No Result
View All Result
Subscribe
The Assay - Mining investment news, insights and company profiles
No Result
View All Result
Home Articles

Copper Powering up the Electric Vehicle – Why copper is intrinsically linked to the EV story

By Henry Salisbury, Research Analyst, Wood Mackenzie

byThe Assay
6 years ago
Reading Time: 2 mins read
Copper Powering up the Electric Vehicle – Why copper is intrinsically linked to the EV story

EVs can use up to three and a half times as much copper when compared to an internal combustion engine (ICE) passenger car.

” By 2040, we predict that passenger EVs will consume more than 3.7Mt of copper every year. In comparison, passenger internal combustion engine (ICE) vehicles will need just over 1Mt.”

Copper Powering up the Electric Vehicle - Why copper is intrinsically linked to the EV story

Copper is a cornerstone of the EV revolution

At the heart of the electric vehicle, copper is used throughout because of its high electrical conductivity, durability and malleability. And even more is used in charging stations and in supporting electrical grid infrastructure.

We explore why copper is inseparable from the EV story and why we need more infrastructure investment as a catalyst for greater EV adoption.

EVs need large amounts of copper

EVs can use up to three and a half times as much copper when compared to an internal combustion engine (ICE) passenger car. The amount goes up as the size of the vehicle increases: a fully electric bus uses between 11 and 16 times more copper than an ICE passenger vehicle, depending on the size of the battery and the actual bus.

Copper is used in every major EV component, from the motor to the inverter and the electrical wiring. And a fully electric vehicle can use up to a mile of copper wiring.

Copper Powering up the Electric Vehicle - Why copper is intrinsically linked to the EV story

There are no viable alternatives to copper

Copper’s physical properties make it the best metal to conduct electricity, and it can comfortably accommodate the higher temperatures that are common in EVs.

Aluminium is the closest alternative, but despite it being lighter and almost three times cheaper, copper comes up trumps on size and efficiency: an aluminium cable needs to have a cross-sectional area that is double the size of any copper equivalent to conduct the same amount of electricity.

Could copper act as a catalyst for faster EV adoption?

Right now, range anxiety – worrying that a battery will run out of power mid-journey – is a key psychological barrier standing in the way of more widespread EV adoption.

One way to address this is to roll out more charging infrastructure. As this happens, more connections to the electrical grid will be required, and more copper will be needed as the network expands.

Copper is king in the world of the supercharger

With a supercharger, an EV can reach 80% of its full charge in as little as 20 minutes. Superchargers rely on copper to be as electrically efficient as possible.

By 2030, we anticipate over 20 million EV charging points will be deployed globally, consuming over 250% more copper than 2019. But to get there, we need to see much more private and public investment.

Copper Powering up the Electric Vehicle - Why copper is intrinsically linked to the EV story

Tags: Base MetalsBattery MetalsCopperInsights
TweetShareSend
Previous Post

Arafura Names KBR To Manage Nolans Project Delivery

Next Post

Graphite – A Game of Patience

The Assay

The Assay

Related Posts

Osisko Delivers Strong Copper Intercepts and Expands Gaspé Copper System
Exploration

Osisko Metals Intersects 694m of 0.31% Cu at Gaspé Copper Project

byThe Assay
26 February, 2026
Five Largest ASX‑Listed Copper Miners in 2026
Articles

Five Largest ASX‑Listed Copper Miners in 2026

byThe Assay
24 February, 2026
First Quantum Minerals Commits US$5.25B to Taca Taca Copper Project in Argentina
Articles

First Quantum Minerals Commits US$5.25B to Taca Taca Copper Project in Argentina

byThe Assay
24 February, 2026
Power, Capital and Reform: Can the Copper Belt Deliver Its Next Growth Cycle?
In Discussion

Power, Capital and Reform: Can the Copper Belt Deliver Its Next Growth Cycle?

byThe Assay
13 February, 2026
Glencore Weighs $9 Billion DRC Copper Deal as US Deepens Push Into Critical Minerals
Feature Story

Glencore Weighs $9 Billion DRC Copper Deal as US Deepens Push Into Critical Minerals

byMining Indaba
6 February, 2026
Osisko Delivers Strong Copper Intercepts and Expands Gaspé Copper System
Exploration

Osisko Metals Launches DPEX, Confirms 852m Averaging 0.95% CuEq at Porphyry Mountain Deposit

byThe Assay
6 February, 2026
Next Post
Graphite – A Game of Patience

Graphite - A Game of Patience

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Popular Articles

  • Argonaut Gold and Alio Gold Complete Merger

    Argonaut Gold and Alio Gold Complete Merger

    0 shares
    Share 0 Tweet 0
  • What is Strip Mining?

    0 shares
    Share 0 Tweet 0
  • The Assay Guide to Iron Ore

    0 shares
    Share 0 Tweet 0
  • The History of Gold-Oil Ratios: 1970-2018

    0 shares
    Share 0 Tweet 0
  • Underground Mining Guide

    0 shares
    Share 0 Tweet 0
  • Home
  • News
  • Analysis
  • Investor Discussions
  • CEO Interviews
  • Mining Masters: Inside Investment Strategies
  • Company Profiles
  • Newsletter
  • Magazine
  • About Us
  • Contact Us
Hyve logo

Please note: This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine are not, and should not be construed as, an offer to buy or sell, or as a solicitation of an offer to buy or sell, any regulated products, securities or investments. This Web site and The Assay Magazine do not, and should not be construed as acting to, sponsor, advocate, endorse or promote any regulated products, securities or investments. This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine do not, and shall not be construed as, making any recommendation or providing any investment or other advice with respect to the purchase, sale or other disposition of any regulated products, securities or investments, including, without limitation, any advice to the effect that any mining or metals related transaction is appropriate or suitable for any investment objective or financial situation of a prospective investor. A decision to invest in any regulated products, securities or investments should not be made in reliance on any of the information or materials on this Web site or in The Assay magazine. Before making any investment decision, prospective investors should seek advice from appropriately qualified and licensed financial, legal, tax and accounting advisers, take into account their individual financial needs and circumstances and carefully consider the risks associated with such investment decision.

Privacy Notice
Cookies
Hong Kong Residents Privacy Statement

© 2026 The Assay

No Result
View All Result
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Analysis
  • Explainers
  • Company Profiles
  • Assay TV
    • CEO Interviews
    • Mining Masters: Inside Investment Strategies
    • Investor Panels & Presentations
  • Magazine
  • Contribute

Please note: This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine are not, and should not be construed as, an offer to buy or sell, or as a solicitation of an offer to buy or sell, any regulated products, securities or investments. This Web site and The Assay Magazine do not, and should not be construed as acting to, sponsor, advocate, endorse or promote any regulated products, securities or investments. This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine do not, and shall not be construed as, making any recommendation or providing any investment or other advice with respect to the purchase, sale or other disposition of any regulated products, securities or investments, including, without limitation, any advice to the effect that any mining or metals related transaction is appropriate or suitable for any investment objective or financial situation of a prospective investor. A decision to invest in any regulated products, securities or investments should not be made in reliance on any of the information or materials on this Web site or in The Assay magazine. Before making any investment decision, prospective investors should seek advice from appropriately qualified and licensed financial, legal, tax and accounting advisers, take into account their individual financial needs and circumstances and carefully consider the risks associated with such investment decision.

Privacy Notice
Cookies
Hong Kong Residents Privacy Statement

© 2026 The Assay