If you believe the headlines, electromobility in Germany is struggling with sales crises and range concerns. Our background report sheds light on what the future of zero-emission vehicles really looks like and what the situation is like in the much larger car markets of the USA and China.
Frankfurt am Main, 17 July 2024 - Electromobility in Germany is facing major challenges: Declining sales, a lack of willingness to buy and sceptical consumers. TRADIUM GmbH, one of the most renowned raw material suppliers in Europe, has developed a detailed market insight published. The report, which was produced in cooperation with the news portal Rawmaterials.net explains current hurdles as well as opportunities.
Meanwhile, a different picture is emerging in the larger car markets of the USA and China: E-mobility is booming in China, while the market in the USA is growing slowly but steadily. Massive investment in charging infrastructure and government subsidy programmes are driving the transition to sustainable mobility in both countries.
Ecological challenges and raw material requirements
In addition to the economic and technical aspects of e-mobility, the market insight also sheds light on the environmental impact. Electric cars offer many advantages in terms of reducing emissions, but their production harbours environmental challenges, particularly in the extraction and processing of raw materials such as Rare earthswhich are mainly used in the permanent magnets of electric motors. Without these essential raw materials, which TRADIUM specialises in procuring, efficient electric motors would be unthinkable.
Matthias Rüth, Managing Director of TRADIUM: "As a raw materials supplier, we critically analyse the diverse areas of application for our metals. We closely monitor developments in the customer industries and share our findings in the form of market insights such as this one."
The complete market insight into the crisis in e-mobility is available for download on the TRADIUM website: https://tradium.com/mobilitaetswende-aufgehoben-oder-aufgeschoben/
Well-founded background reports on raw material topics
In recent months, TRADIUM has regularly published white papers and market insights on commodity topics. These have included the Objectives and opportunities of the EU's new raw materials law and Developments in the rare earth industry in China analysed. These specialist publications emphasise TRADIUM's commitment to providing the processing industry and others interested in raw materials with well-founded information.
In addition, TRADIUM operates Rawmaterials.netthe first news portal exclusively for rare earths and technology metals. The editorial team reports daily on market developments, areas of application and research into this critical group of raw materials. Relevant geopolitical influences are also highlighted.
