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Required Investment in Charging Infrastructure 5 million – the number of charging ports required to support 7 million PEVs in 2025. This will require a significant investment in PEV charging infrastructure. There are three types of charge ports, which are typically installed at homes, workplaces or public locations: Level 1: 120 Volts; Charging Time: Overnight Level 2: 220 volts; Charging Time: Several Hours DC Fast Chargers: DCFC; Charging Time: Under an Hour There currently are between 50,000 and 70,000 Level 2 ports in work or public locations in the U.S.; and that number needs to be increased to between 2,230,000 and 2,240,000 by 2025. ---------------- 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. In 2016, the total estimated amount of copper used in all electric vehicles manufactured by BYD, the world’s largest electric vehicle maker, was nearly 26 million pounds. Copper is also required for charge ports. BYD’s total sale of chargers in 2016 used more than 295,419 pounds of copper. ---------------- Copper Demand in a Sustainable World The increase in the electric vehicles market will significantly impact copper. The demand for copper due to electric vehicles is expected to increase by 1,700 kilotons by 2027.
Required Investment in Charging Infrastructure 5 million – the number of charging ports required to support 7 million PEVs in 2025. This will require a significant investment in PEV charging infrastructure. There are three types of charge ports, which are typically installed at homes, workplaces or public locations: Level 1: 120 Volts; Charging Time: Overnight Level 2: 220 volts; Charging Time: Several Hours DC Fast Chargers: DCFC; Charging Time: Under an Hour There currently are between 50,000 and 70,000 Level 2 ports in work or public locations in the U.S.; and that number needs to be increased to between 2,230,000 and 2,240,000 by 2025. ---------------- 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. In 2016, the total estimated amount of copper used in all electric vehicles manufactured by BYD, the world’s largest electric vehicle maker, was nearly 26 million pounds. Copper is also required for charge ports. BYD’s total sale of chargers in 2016 used more than 295,419 pounds of copper. ---------------- Copper Demand in a Sustainable World The increase in the electric vehicles market will significantly impact copper. The demand for copper due to electric vehicles is expected to increase by 1,700 kilotons by 2027.