History Market

Today' Focus

        According to a recent finalized study executed by AluMag 43% of all NEVs [New Energy Vehicles  = Electrified Vehicles such as BEV and PHEV] produced in China are fitted with an aluminum tray [lower part of the battery housing]. Thereof 36% has an extruded aluminum while 7% has a cast aluminum tray. The remaining 57% are fitted with steel trays. AluMag forecast the NEV penetration in China to grow from 2.5% in 2017 to 32% in 2030. With about 10 million NEVs forecasted to be sold by 2030 in China the aluminum demand [Extrusion & Cast] is...