Coeur Mining Inc CDE

"... about 1 kg of silver per vehicle.”

[Dragonflyinvest]

" ... Samsung has developed a new solid-state (SS) battery. The inclusion of silver as a key component, combined with the increasing demand for electric vehicles, means that demand for the grey metal will soon increase.
 
" ... there could be as much as five grams of silver per cell in Samsung's solid-state batteries, meaning “a typical EV battery pack containing around 200 cells for a 100 kWh capacity could require about 1 kg of silver per vehicle.”
  
“With global car production standing at about 80 million vehicles per year, if 20% of these vehicles (16 million EVs) were to adopt Samsung's solid-state batteries, the annual demand for silver would be around 16,000 metric tons (16 million vehicles * 1 kg of silver per vehicle),” Bambrough said. “This would represent a significant portion of the current global silver production, which is approximately 25,000 metric tons annually, highlighting the substantial impact on the silver market.”
  
“Add in the fact that silver is already in a deficit with industrial demand from the solar industry pushing total yearly consumption ahead of supply,” he said. “So we don’t even have any silver capacity to spare!”

Silver set to soar on Samsung’s solid-state battery breakthrough – analysts | Kitco News