Steel Markets
April 9, 2021
What Does the Trend Toward Electric Vehicles Mean for Aluminum?
Written by Tim Triplett
Like those in the steel industry, aluminum suppliers see opportunity in the coming wave of battery electrical vehicles (BEVs). Indeed, they claim, even more opportunity for aluminum than for steel.
Automakers are hard at work designing battery-powered cars and trucks with zero emissions as efforts to reduce harmful greenhouse gas emissions to slow climate change take on greater urgency around the world. Both steel and aluminum are vying for a bigger share of the BEV pie as the automotive material mix gets baked into vehicle designs over the next decade.
