Home Electric vehicle growth will boost base metals, UBS says Copper, aluminium and nickel could benefit from a growth in the electric vehicle market, which is forecast to account for 13.7% of global car sales in 2025, according to UBS analysts. In a scenario where 100% of the world’s vehicles were electric, copper demand would grow by an estimated 21% compared to current global demand, and aluminium by 13%, UBS said in a note on Friday. Nickel would see demand jump by 118%. Rare earth metals, lithium,... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok To view this content, please take a free trial or subscribe to our service. Already registered? Log in Subscribe to the latest news: Personalized live and breaking news alerts Access live news and market information Access our market news archive back to 1997 Buy now Take a FREE 7 day trial: Access the past month's market insights Coverage from our experts embedded in the markets Try our global metal company database Take a trial Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Justin Yang May 22, 2017 13:15 GMT London Keywords UBS Tesla Chevrolet Electric vehicles Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
