The share of gasoline cars in global vehicle sales fell below 50% for the first time ever as the Hormuz shock and the resulting record-high fuel prices accelerated the previously sluggish shift toward EVs outside China.
Notice that grid infra upgrades at that scale can’t be done with copper, since we’re running into extraction limits there. So the bulk will have to be aluminium.
Notice that grid infra upgrades at that scale can’t be done with copper, since we’re running into extraction limits there. So the bulk will have to be aluminium.